Joann Stock Alpha and Beta Analysis

JOAN
 Stock
  

USD 7.74  0.41  5.03%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Joann Inc. It also helps investors analyze the systematic and unsystematic risks associated with investing in Joann over a specified time horizon. Remember, high Joann's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Please see Joann Backtesting, Joann Valuation, Joann Correlation, Joann Hype Analysis, Joann Volatility, Joann History and analyze Joann Performance.
  
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Please note that although Joann alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Joann did 0.35  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Joann Inc stock's relative risk over its benchmark. Joann Inc has a beta of 1.38  . Let's try to break down what Joann's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Joann will likely underperform.
Joann Tangible Assets Book Value per Share are quite stable at the moment as compared to the past year. The company's current value of Tangible Assets Book Value per Share is estimated at 50.72. Tangible Asset Value is expected to rise to about 1.9 B this year, although Book Value per Share will most likely fall to 2.57.
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Joann Quarterly Book Value per Share

2.833

Share

Joann Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Joann market risk premium is the additional return an investor will receive from holding Joann long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Joann. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Joann's performance over market.
α-0.35   β1.38
90 days against DJI

Joann expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Joann's Buy-and-hold return. Our buy-and-hold chart shows how Joann performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Joann Market Price Analysis

Market price analysis indicators help investors to evaluate how Joann stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Joann shares will generate the highest return on investment. By understating and applying Joann stock market price indicators, traders can identify Joann position entry and exit signals to maximize returns.

Joann Return and Market Media

The median price of Joann for the period between Thu, Mar 31, 2022 and Wed, Jun 29, 2022 is 9.03 with a coefficient of variation of 15.86. The daily time series for the period is distributed with a sample standard deviation of 1.48, arithmetic mean of 9.31, and mean deviation of 1.31. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Traders Purchase Large Volume of Call Options on JOANN - Mar...04/06/2022
2
EPS Estimate04/27/2022
3
JOANN Is Doing The Right Things To Multiply Its Share Price ...05/03/2022
4
Filing05/19/2022
5
Financial Statements05/20/2022
6
EPS Reported06/02/2022
7
Joann exotic insider transaction detected06/13/2022
8
Filing06/16/2022
9
Joann exotic insider transaction detected06/27/2022
10
Acquisition by Coleman Brian William of 14552 shares of Joan...06/28/2022
11
Joann Inc. downgraded at Loop Capital amid elevated inventor...06/29/2022

About Joann Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all equity instruments such as Ford or other stocks, funds, and ETFs. Alpha measures the amount that position in Joann Inc has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2010 2021 2022 (projected)
Enterprise Value over EBITDA5.995.395.36
Enterprise Value over EBIT18.016.216.11

Joann Upcoming Company Events

As portrayed in its financial statements, the presentation of Joann's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Joann's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Joann's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Joann. Please utilize our Beneish M Score to check the likelihood of Joann's management manipulating its earnings.
Upcoming Quarterly Report2nd of December 2021
Next Fiscal Quarter End31st of October 2021
Last Quarter Report31st of July 2021
Last Financial Announcement31st of October 2020

Build Portfolio with Joann

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Joann Backtesting, Joann Valuation, Joann Correlation, Joann Hype Analysis, Joann Volatility, Joann History and analyze Joann Performance. Note that the Joann Inc information on this page should be used as a complementary analysis to other Joann's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Joann Stock analysis

When running Joann Inc price analysis, check to measure Joann's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Joann is operating at the current time. Most of Joann's value examination focuses on studying past and present price action to predict the probability of Joann's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Joann's price. Additionally, you may evaluate how the addition of Joann to your portfolios can decrease your overall portfolio volatility.
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Joann technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Joann technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Joann trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...