Johnson Stock Alpha and Beta Analysis

JOUT -  USA Stock  

USD 84.39  3.02  3.46%

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Johnson Outdoors. It also helps investors analyze the systematic and unsystematic risks associated with investing in Johnson Outdoors over a specified time horizon. Remember, high Johnson Outdoors' 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 Johnson Outdoors Backtesting, Johnson Outdoors Valuation, Johnson Outdoors Correlation, Johnson Outdoors Hype Analysis, Johnson Outdoors Volatility, Johnson Outdoors History and analyze Johnson Outdoors Performance.

Johnson Beta 

Please note that although Johnson Outdoors 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, Johnson Outdoors did 0.28  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 Johnson Outdoors stock's relative risk over its benchmark. Johnson Outdoors has a beta of 1.04  . Let's try to break down what Johnson's beta means in this case. Johnson Outdoors returns are very sensitive to returns on the market. As the market goes up or down, Johnson Outdoors is expected to follow.
Book Value per Share is likely to gain to 26.22 in 2022. Enterprise Value over EBIT is likely to gain to 12.16 in 2022.
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.

Johnson Outdoors Quarterly Book Value per Share


Johnson Outdoors Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Johnson Outdoors market risk premium is the additional return an investor will receive from holding Johnson Outdoors 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 Johnson Outdoors. 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 Johnson Outdoors' performance over market.
α-0.28   β1.04
90 days against DJI

Johnson Outdoors 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 Johnson Outdoors' Buy-and-hold return. Our buy-and-hold chart shows how Johnson Outdoors performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Johnson Outdoors Market Price Analysis

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

Johnson Outdoors Return and Market Media

The median price of Johnson Outdoors for the period between Thu, Oct 28, 2021 and Wed, Jan 26, 2022 is 99.83 with a coefficient of variation of 8.75. The daily time series for the period is distributed with a sample standard deviation of 8.81, arithmetic mean of 100.69, and mean deviation of 7.74. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
Johnson Outdoors gains 0.44 percent on Moderate Volume Octob...10/29/2021
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About Johnson Outdoors 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 Johnson Outdoors 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.
 2015 2021 2022 (projected)
Long Term Debt to Equity0.03380.03880.0521
Interest Coverage103.3831.928.63

Johnson Outdoors Upcoming Company Events

As portrayed in its financial statements, the presentation of Johnson Outdoors' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Johnson Outdoors' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Johnson Outdoors' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Johnson Outdoors. Please utilize our Beneish M Score to check the likelihood of Johnson Outdoors' management manipulating its earnings.
Upcoming Quarterly Report4th of February 2022
Next Fiscal Quarter End31st of December 2021

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Please see Johnson Outdoors Backtesting, Johnson Outdoors Valuation, Johnson Outdoors Correlation, Johnson Outdoors Hype Analysis, Johnson Outdoors Volatility, Johnson Outdoors History and analyze Johnson Outdoors Performance. Note that the Johnson Outdoors information on this page should be used as a complementary analysis to other Johnson Outdoors' 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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

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When running Johnson Outdoors price analysis, check to measure Johnson Outdoors' 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 Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.
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Johnson Outdoors 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 Johnson Outdoors technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Johnson Outdoors 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...