Joby Aviation Stock Technical Analysis
| JOBY Stock | USD 7.09 0.29 4.26% |
As of the 25th of November, Joby Aviation retains the Market Risk Adjusted Performance of 0.3831, downside deviation of 3.98, and Risk Adjusted Performance of 0.099. Joby Aviation technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.
Joby Aviation Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Joby, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to JobyJoby |
Joby Aviation Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 8.8 | Buy | 8 | Odds |
Most Joby analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Joby stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Joby Aviation, talking to its executives and customers, or listening to Joby conference calls.
Joby Aviation 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.
Joby Aviation Technical Analysis
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Joby Aviation volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Joby Aviation Trend Analysis
Use this graph to draw trend lines for Joby Aviation. You can use it to identify possible trend reversals for Joby Aviation as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Joby Aviation price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Joby Aviation Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Joby Aviation applied against its price change over selected period. The best fit line has a slop of 0.02 , which means Joby Aviation will continue generating value for investors. It has 122 observation points and a regression sum of squares at 12.18, which is the sum of squared deviations for the predicted Joby Aviation price change compared to its average price change.About Joby Aviation Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Joby Aviation on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Joby Aviation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Joby Aviation price pattern first instead of the macroeconomic environment surrounding Joby Aviation. By analyzing Joby Aviation's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Joby Aviation's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Joby Aviation specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 4.38 | 3.11 | 0.0665 | 0.0632 | Days Of Inventory On Hand | 384.16 | 338.09 | 304.28 | 229.77 |
Joby Aviation November 25, 2024 Technical Indicators
Most technical analysis of Joby help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Joby from various momentum indicators to cycle indicators. When you analyze Joby charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.099 | |||
| Market Risk Adjusted Performance | 0.3831 | |||
| Mean Deviation | 3.64 | |||
| Semi Deviation | 3.57 | |||
| Downside Deviation | 3.98 | |||
| Coefficient Of Variation | 849.43 | |||
| Standard Deviation | 5.93 | |||
| Variance | 35.14 | |||
| Information Ratio | 0.0957 | |||
| Jensen Alpha | 0.4652 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.1423 | |||
| Treynor Ratio | 0.3731 | |||
| Maximum Drawdown | 42.49 | |||
| Value At Risk | (5.18) | |||
| Potential Upside | 12.57 | |||
| Downside Variance | 15.87 | |||
| Semi Variance | 12.75 | |||
| Expected Short fall | (4.54) | |||
| Skewness | 2.01 | |||
| Kurtosis | 8.03 |
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.