Jet.AI Inc. Announces Reverse Stock Split
| JTAI Stock | 6.74 0.86 14.63% |
Under 57% of all JetAI's traders are looking to take a long position. The analysis of overall sentiment of trading JetAI Inc stock suggests that some investors are interested at this time. JetAI's investing sentiment shows overall attitude of investors towards JetAI Inc.
JetAI |
LAS VEGAS, NV, Nov. 08, 2024 -- Jet.AI Inc. , today announced that the Company has determined to effect a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-225. The reverse stock split is expected to take effect before markets open on Tuesday, November 12, 2024. The Companys common stock will continue to be traded on the Nasdaq Capital Market under the symbol JTAI and will begin trading on a split-adjusted basis when
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JetAI Fundamental Analysis
We analyze JetAI's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JetAI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JetAI based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
JetAI is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
JetAI Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with JetAI stock to make a market-neutral strategy. Peer analysis of JetAI could also be used in its relative valuation, which is a method of valuing JetAI by comparing valuation metrics with similar companies.
Peers
JetAI Related Equities
| ECL | Ecolab | 0.29 | ||||
| AXTA | Axalta Coating | 0.14 | ||||
| DEO | Diageo PLC | 0.34 | ||||
| HDSN | Hudson Technologies | 0.34 | ||||
| BCPC | Balchem | 0.52 | ||||
| WVVIP | Willamette Valley | 4.24 |
Complementary Tools for JetAI Stock analysis
When running JetAI's price analysis, check to measure JetAI'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 JetAI is operating at the current time. Most of JetAI's value examination focuses on studying past and present price action to predict the probability of JetAI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JetAI's price. Additionally, you may evaluate how the addition of JetAI to your portfolios can decrease your overall portfolio volatility.
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