Jackson Financial Stock Market Value
| JXN Stock | USD 98.89 0.35 0.36% |
| Symbol | Jackson |
Jackson Financial Price To Book Ratio
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.
Jackson Financial '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 Jackson Financial'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 Jackson Financial.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Jackson Financial on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Jackson Financial or generate 0.0% return on investment in Jackson Financial over 30 days. Jackson Financial is related to or competes with Manulife Financial, Brighthouse Financial, FG Annuities, and Jackson Financial. Jackson Financial Inc., through its subsidiaries, primarily provides a suite of annuities to retail investors in the Uni... More
Jackson Financial 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 Jackson Financial'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 Jackson Financial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.42 | |||
| Information Ratio | 0.0726 | |||
| Maximum Drawdown | 20.4 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 4.62 |
Jackson Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jackson Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jackson Financial's standard deviation. In reality, there are many statistical measures that can use Jackson Financial historical prices to predict the future Jackson Financial's volatility.| Risk Adjusted Performance | 0.0934 | |||
| Jensen Alpha | 0.0421 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0813 | |||
| Treynor Ratio | 0.116 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jackson Financial'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.
Jackson Financial Backtested Returns
Jackson Financial appears to be very steady, given 3 months investment horizon. Jackson Financial holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jackson Financial, which you can use to evaluate the volatility of the firm. Please utilize Jackson Financial's Risk Adjusted Performance of 0.0934, market risk adjusted performance of 0.126, and Downside Deviation of 2.42 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jackson Financial holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 2.55, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jackson Financial will likely underperform. Please check Jackson Financial's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Jackson Financial's current trending patterns will revert.
Auto-correlation | -0.45 |
Modest reverse predictability
Jackson Financial has modest reverse predictability. Overlapping area represents the amount of predictability between Jackson Financial time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Jackson Financial price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Jackson Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 28.59 |
Jackson Financial lagged returns against current returns
Autocorrelation, which is Jackson Financial 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 Jackson Financial's stock expected returns. We can calculate the autocorrelation of Jackson Financial returns to help us make a trade decision. For example, suppose you find that Jackson Financial 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 |
Jackson Financial 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 Jackson Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jackson Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jackson Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Jackson Financial Lagged Returns
When evaluating Jackson Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jackson Financial stock have on its future price. Jackson Financial 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, Jackson Financial autocorrelation shows the relationship between Jackson Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Jackson Financial.
Regressed Prices |
| Timeline |
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
| 0.71 | DIST | Distoken Acquisition | PairCorr |
| 0.82 | AB | AllianceBernstein | PairCorr |
| 0.84 | AC | Associated Capital | PairCorr |
Moving against Jackson Stock
| 0.73 | RC | Ready Capital Corp | PairCorr |
| 0.72 | PT | Pintec Technology | PairCorr |
| 0.56 | 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 Jackson Financial Correlation, Jackson Financial Volatility and Jackson Financial Alpha and Beta module to complement your research on Jackson Financial. To learn how to invest in Jackson Stock, please use our How to Invest in Jackson Financial guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Jackson Financial 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.