Jackson Price To Sales Ratio from 2010 to 2024
JXN Stock | USD 103.21 1.33 1.31% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 1.40687313 | Current Value 1.48 | Quarterly Volatility 0.37350303 |
Check Jackson Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Jackson Financial's main balance sheet or income statement drivers, such as Interest Income of 83.2 M, Interest Expense of 250.1 M or Selling General Administrative of 1.3 B, as well as many indicators such as Price To Sales Ratio of 1.48, Dividend Yield of 0.0504 or PTB Ratio of 0.42. Jackson financial statements analysis is a perfect complement when working with Jackson Financial Valuation or Volatility modules.
Jackson | Price To Sales Ratio |
Latest Jackson Financial's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Jackson Financial over the last few years. Price to Sales Ratio is figured by comparing Jackson Financial stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Jackson Financial sales, a figure that is much harder to manipulate than other Jackson Financial multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Jackson Financial's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Jackson Financial's overall financial position and show how it may be relating to other accounts over time.
View | Last Reported 1.88 X | 10 Years Trend |
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Price To Sales Ratio |
Timeline |
Jackson Price To Sales Ratio Regression Statistics
Arithmetic Mean | 0.59 | |
Geometric Mean | 0.51 | |
Coefficient Of Variation | 63.48 | |
Mean Deviation | 0.26 | |
Median | 0.48 | |
Standard Deviation | 0.37 | |
Sample Variance | 0.14 | |
Range | 1.263 | |
R-Value | 0.49 | |
Mean Square Error | 0.11 | |
R-Squared | 0.24 | |
Significance | 0.06 | |
Slope | 0.04 | |
Total Sum of Squares | 1.95 |
Jackson Price To Sales Ratio History
About Jackson Financial Financial Statements
Jackson Financial investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Jackson Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Price To Sales Ratio | 1.41 | 1.48 |
Pair Trading with Jackson Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jackson Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jackson Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Jackson Stock
0.63 | V | Visa Class A | PairCorr |
0.72 | DIST | Distoken Acquisition | PairCorr |
0.82 | AB | AllianceBernstein | PairCorr |
0.84 | AC | Associated Capital | PairCorr |
Moving against Jackson Stock
0.71 | RC | Ready Capital Corp Sell-off Trend | PairCorr |
0.7 | PT | Pintec Technology | PairCorr |
0.55 | RM | Regional Management Corp | PairCorr |
The ability to find closely correlated positions to Jackson Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jackson Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jackson Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jackson Financial to buy it.
The correlation of Jackson Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jackson Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jackson Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jackson Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Jackson Financial Correlation against competitors. To learn how to invest in Jackson Stock, please use our How to Invest in Jackson Financial guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Diversified Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jackson Financial. If investors know Jackson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jackson Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.76) | Dividend Share 2.72 | Earnings Share (11.55) | Revenue Per Share 51.678 | Quarterly Revenue Growth (0.18) |
The market value of Jackson Financial is measured differently than its book value, which is the value of Jackson that is recorded on the company's balance sheet. Investors also form their own opinion of Jackson Financial's value that differs from its market value or its book value, called intrinsic value, which is Jackson Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jackson Financial's market value can be influenced by many factors that don't directly affect Jackson Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jackson Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jackson Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jackson Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.