Joann Stock Alpha and Beta Analysis

JOAN -  USA Stock  

USD 11.71  0.06  0.51%

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 Risk vs Return Analysis.

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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 0.37  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 0.35  . Let's try to break down what Joann's beta means in this case. As returns on the market increase, returns on owning Joann are expected to decrease at a much lower rate. During the bear market, Joann is likely to outperform the market.
Book Value per Share is expected to rise to 1.62 this year. Tangible Assets Book Value per Share is expected to rise to 52.43 this year.
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

3.25Share

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-0.37   β-0.35
90 days against DJI

Joann Fundamentals Vs Peers

Comparing Joann's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Joann's direct or indirect competition across all of the common fundamentals between Joann and the related equities. This way, we can detect undervalued stocks with similar characteristics as Joann or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Joann's fundamental indicators could also be used in its relative valuation, which is a method of valuing Joann by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Joann to competition
FundamentalsJoannPeer Average
Profit Margin8.85 %(1.27) %
Operating Margin9.22 %(5.51) %
Current Valuation2.34 B16.62 B
Shares Outstanding42.16 M571.82 M
Shares Owned by Insiders3.71 %10.09 %
Shares Owned by Institutions96.49 %39.21 %
Number of Shares Shorted598.31 K4.71 M

Joann Opportunities

Joann Return and Market Media

The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
      Timeline 
1
Financial Statements07/08/2021
2
Dividend Detectives New Income Buys - Yahoo Finance07/13/2021
3
JOANN falls 3.74 percent to Close at 15.43 on August 4 - Equ...08/04/2021
4
JOANN gains 0.26 percent for August 12 - Equities.com08/12/2021
5
JOANN falls 5.93 percent on Strong Volume August 17 - Equiti...08/17/2021
6
Financial Statements08/23/2021
7
JOANN gains 0.49 percent to Close at 14.44 on August 26 - Eq...08/26/2021
8
Financial Statements09/02/2021
9
Wall Street Treads Water Pre-Bell as US Jobs Growth Slows in...09/03/2021
10
JOANN Announces Stock Repurchase Authorization - StreetInsid...09/13/2021
11
Joann exotic insider transaction detected09/14/2021
12
Purchase by Aber Ann of 1000 shares of Joann09/16/2021
13
Purchase by Duliga Janet of 1700 shares of Joann09/21/2021

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.

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 September 2021
Next Fiscal Quarter End31st of July 2021
Last Quarter Report30th of April 2021
Last Earning Announcement31st of July 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 Risk vs Return Analysis. 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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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...