J J Snack Stock Market Value
| JJSF Stock | USD 171.16 3.55 2.12% |
| Symbol | JJSF |
J J Snack Price To Book Ratio
Is Packaged Foods & Meats 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 J J. If investors know JJSF 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 J J 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 (0.03) | Earnings Share 4.45 | Revenue Per Share 81.219 | Quarterly Revenue Growth (0.04) | Return On Assets 0.0556 |
The market value of J J Snack is measured differently than its book value, which is the value of JJSF that is recorded on the company's balance sheet. Investors also form their own opinion of J J's value that differs from its market value or its book value, called intrinsic value, which is J J'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 J J's market value can be influenced by many factors that don't directly affect J J'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 J J's value and its price as these two are different measures arrived at by different means. Investors typically determine if J J is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, J J'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.
J J '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 J J'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 J J.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in J J on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding J J Snack or generate 0.0% return on investment in J J over 30 days. J J is related to or competes with John B, Treehouse Foods, Nomad Foods, Central Garden, Bellring Brands, Post Holdings, and Seneca Foods. JJ Snack Foods Corp. manufactures, markets, and distributes nutritional snack foods and beverages to the food service an... More
J J 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 J J'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 J J Snack upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.61 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.12 |
J J Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for J J's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as J J's standard deviation. In reality, there are many statistical measures that can use J J historical prices to predict the future J J's volatility.| Risk Adjusted Performance | 0.0171 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | 0.0118 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of J J's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
J J Snack Backtested Returns
At this point, J J is very steady. J J Snack holds Efficiency (Sharpe) Ratio of 0.019, which attests that the company had a 0.019% return per unit of risk over the last 3 months. We have found thirty technical indicators for J J Snack, which you can use to evaluate the volatility of the entity. Please check out J J's semi deviation of 1.26, and Downside Deviation of 1.3 to validate if the risk estimate we provide is consistent with the expected return of 0.026%. J J has a performance score of 1 on a scale of 0 to 100. The firm retains a Market Volatility (i.e., Beta) of 1.08, which attests to a somewhat significant risk relative to the market. J J returns are very sensitive to returns on the market. As the market goes up or down, J J is expected to follow. J J Snack today retains a risk of 1.37%. Please check out J J total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if J J will be following its current trending patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
J J Snack has very weak reverse predictability. Overlapping area represents the amount of predictability between J J 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 J J Snack price movement. The serial correlation of -0.1 indicates that less than 10.0% of current J J price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 20.62 |
J J Snack lagged returns against current returns
Autocorrelation, which is J J 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 J J's stock expected returns. We can calculate the autocorrelation of J J returns to help us make a trade decision. For example, suppose you find that J J 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 |
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J J 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 J J stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if J J stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in J J stock over time.
Current vs Lagged Prices |
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J J Lagged Returns
When evaluating J J's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of J J stock have on its future price. J J 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, J J autocorrelation shows the relationship between J J stock current value and its past values and can show if there is a momentum factor associated with investing in J J Snack.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether J J Snack is a strong investment it is important to analyze J J's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact J J's future performance. For an informed investment choice regarding JJSF Stock, refer to the following important reports:Check out J J Correlation, J J Volatility and J J Alpha and Beta module to complement your research on J J. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
J J 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.