Joby Aviation Stock Alpha and Beta Analysis

JOBY-WT Stock   1.40  0.09  6.04%   
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
2.67
Alpha
0.97
Risk
8.78
Sharpe Ratio
(0.02)
Expected Return
(0.14)
Please note that although Joby Aviation alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., Dow Jones Industrial index.) So in this particular case, Joby Aviation did 0.97  better than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Joby Aviation stock's relative risk over its benchmark. Joby Aviation has a beta of 2.67  . As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Joby Aviation will likely underperform. At this time, Joby Aviation's Book Value Per Share is comparatively stable compared to the past year. Tangible Book Value Per Share is likely to gain to 1.48 in 2025, whereas Enterprise Value is likely to drop slightly above 3.9 B in 2025.

Enterprise Value

3.87 Billion

1.2B1.8B4.1B4.8B3.9B54%124%15%-19%100%
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.
  
Check out Joby Aviation Backtesting, Joby Aviation Valuation, Joby Aviation Correlation, Joby Aviation Hype Analysis, Joby Aviation Volatility, Joby Aviation History and analyze Joby Aviation Performance.
For more information on how to buy Joby Stock please use our How to Invest in Joby Aviation guide.

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.
α0.97   β2.67
0.080.981.030.110.361086%5%-89%228%100%

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.
100%

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 Wed, Nov 27, 2024 and Tue, Feb 25, 2025 is 1.9 with a coefficient of variation of 18.4. The daily time series for the period is distributed with a sample standard deviation of 0.35, arithmetic mean of 1.9, and mean deviation of 0.26. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
JavaScript chart by amCharts 3.21.15123456Dec2025Feb 050100150
JavaScript chart by amCharts 3.21.15Joby Aviation Joby Aviation Dividend Benchmark Dow Jones Industrial
       Timeline  
1
Disposition of 3010 shares by Dehoff Kate of Joby Aviation subject to Rule 16b-3
12/05/2024
2
Joby Aviation A Risky Bet With Promising Rewards In The Air Taxi Sector - Seeking Alpha
01/07/2025
3
Needham lifts Joby Aviation stock target, holds Buy on market presence - Investing.com
01/14/2025
4
Think Its Too Late to Buy Joby Aviation Heres the Biggest Reason Why Theres Still Time. - The Motley Fool
01/17/2025
5
Joby Aviation Trading 1.5 percent Higher - Should You Buy - MarketBeat
02/04/2025
6
Joeben Bevirt Sells 10,785 Shares of Joby Aviation, Inc. Stock - MarketBeat
02/14/2025

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.
 2022 2024 2025 (projected)
Payables Turnover3.110.07650.0727
Days Of Inventory On Hand338.09304.28229.77
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.

Build Portfolio with Joby Aviation

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations

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.

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