Joby Aviation Stock Alpha and Beta Analysis
| JOBY-WT Stock | 1.47 0.15 11.36% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Joby Aviation. It also helps investors analyze the systematic and unsystematic risks associated with investing in Joby Aviation over a specified time horizon. Remember, high Joby Aviation'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. Key technical indicators related to Joby Aviation's market risk premium analysis include:
Beta 4.03 | Alpha 1.26 | Risk 12.37 | Sharpe Ratio 0.16 | Expected Return 1.95 |
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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.
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Joby Aviation Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Joby Aviation market risk premium is the additional return an investor will receive from holding Joby Aviation 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 Joby Aviation. 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 Joby Aviation's performance over market.| α | 1.26 | β | 4.03 |
Joby Aviation 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 Joby Aviation's Buy-and-hold return. Our buy-and-hold chart shows how Joby Aviation performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Joby Aviation Market Price Analysis
Market price analysis indicators help investors to evaluate how Joby Aviation stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Joby Aviation shares will generate the highest return on investment. By understating and applying Joby Aviation stock market price indicators, traders can identify Joby Aviation position entry and exit signals to maximize returns.
Joby Aviation Return and Market Media
The median price of Joby Aviation for the period between Sat, Aug 24, 2024 and Fri, Nov 22, 2024 is 0.74 with a coefficient of variation of 23.7. The daily time series for the period is distributed with a sample standard deviation of 0.18, arithmetic mean of 0.76, and mean deviation of 0.14. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Joby Aviation receives Buy rating from H.C. Wainwright - Investing.com | 09/03/2024 |
2 | Joby Aviation executive sells over 137k in company stock - Investing.com | 09/24/2024 |
3 | Joby Aviation Trading Down 1.7 percent - MarketBeat | 09/30/2024 |
4 | Joby Aviation Stock Price Down 3.7 percent on Insider Selling - MarketBeat | 10/08/2024 |
5 | Disposition of 968 shares by Field Matthew of Joby Aviation subject to Rule 16b-3 | 10/11/2024 |
6 | Disposition of 958 shares by Bowles Gregory of Joby Aviation at 5.59 subject to Rule 16b-3 | 10/28/2024 |
7 | Needham Company LLC Begins Coverage on Joby Aviation - MarketBeat | 11/19/2024 |
About Joby Aviation 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 financial instruments including Joby or other stocks. Alpha measures the amount that position in Joby Aviation 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.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.38 | 3.11 | 0.0665 | 0.0632 | Days Of Inventory On Hand | 384.16 | 338.09 | 304.28 | 229.77 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Joby Aviation in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Joby Aviation's short interest history, or implied volatility extrapolated from Joby Aviation options trading.
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Additional Tools for Joby Stock Analysis
When running Joby Aviation's price analysis, check to measure Joby Aviation'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 Joby Aviation is operating at the current time. Most of Joby Aviation's value examination focuses on studying past and present price action to predict the probability of Joby Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joby Aviation's price. Additionally, you may evaluate how the addition of Joby Aviation to your portfolios can decrease your overall portfolio volatility.