Jb Hunt Transport Stock Market Value
| JBHT Stock | USD 188.35 5.95 3.26% |
| Symbol | JBHT |
JB Hunt Transport Price To Book Ratio
Is Cargo Ground Transportation 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 JB Hunt. If investors know JBHT 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 JB Hunt 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 (0.17) | Dividend Share 1.71 | Earnings Share 5.51 | Revenue Per Share 119.426 | Quarterly Revenue Growth (0.03) |
The market value of JB Hunt Transport is measured differently than its book value, which is the value of JBHT that is recorded on the company's balance sheet. Investors also form their own opinion of JB Hunt's value that differs from its market value or its book value, called intrinsic value, which is JB Hunt'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 JB Hunt's market value can be influenced by many factors that don't directly affect JB Hunt'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 JB Hunt's value and its price as these two are different measures arrived at by different means. Investors typically determine if JB Hunt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JB Hunt'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.
JB Hunt 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to JB Hunt's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of JB Hunt.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in JB Hunt on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding JB Hunt Transport or generate 0.0% return on investment in JB Hunt over 30 days. JB Hunt is related to or competes with Forward Air, Hub, CH Robinson, Expeditors International, and Landstar System. Hunt Transport Services, Inc. provides surface transportation, delivery, and logistic services in North America More
JB Hunt Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure JB Hunt's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess JB Hunt Transport upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.47 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 6.94 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.89 |
JB Hunt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JB Hunt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JB Hunt's standard deviation. In reality, there are many statistical measures that can use JB Hunt historical prices to predict the future JB Hunt's volatility.| Risk Adjusted Performance | 0.0492 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0757 |
JB Hunt Transport Backtested Returns
Currently, JB Hunt Transport is very steady. JB Hunt Transport retains Efficiency (Sharpe Ratio) of 0.0664, which attests that the company had a 0.0664% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for JB Hunt, which you can use to evaluate the volatility of the entity. Please check out JB Hunt's Semi Deviation of 1.42, market risk adjusted performance of 0.0857, and Standard Deviation of 1.63 to validate if the risk estimate we provide is consistent with the expected return of 0.11%. JB Hunt has a performance score of 5 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 1.1, which attests to a somewhat significant risk relative to the market. JB Hunt returns are very sensitive to returns on the market. As the market goes up or down, JB Hunt is expected to follow. JB Hunt Transport today owns a risk of 1.61%. Please check out JB Hunt Transport standard deviation, expected short fall, relative strength index, as well as the relationship between the maximum drawdown and rate of daily change , to decide if JB Hunt Transport will be following its current price history.
Auto-correlation | -0.4 |
Poor reverse predictability
JB Hunt Transport has poor reverse predictability. Overlapping area represents the amount of predictability between JB Hunt time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of JB Hunt Transport price movement. The serial correlation of -0.4 indicates that just about 40.0% of current JB Hunt price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 26.26 |
JB Hunt Transport lagged returns against current returns
Autocorrelation, which is JB Hunt stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting JB Hunt's stock expected returns. We can calculate the autocorrelation of JB Hunt returns to help us make a trade decision. For example, suppose you find that JB Hunt has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
JB Hunt regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If JB Hunt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JB Hunt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JB Hunt stock over time.
Current vs Lagged Prices |
| Timeline |
JB Hunt Lagged Returns
When evaluating JB Hunt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JB Hunt stock have on its future price. JB Hunt autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, JB Hunt autocorrelation shows the relationship between JB Hunt stock current value and its past values and can show if there is a momentum factor associated with investing in JB Hunt Transport.
Regressed Prices |
| Timeline |
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Additional Tools for JBHT Stock Analysis
When running JB Hunt's price analysis, check to measure JB Hunt'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 JB Hunt is operating at the current time. Most of JB Hunt's value examination focuses on studying past and present price action to predict the probability of JB Hunt's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JB Hunt's price. Additionally, you may evaluate how the addition of JB Hunt to your portfolios can decrease your overall portfolio volatility.