Jetblue Airways Corp Stock Market Value
| JBLU Stock | USD 6.19 0.22 3.69% |
| Symbol | JetBlue |
JetBlue Airways Corp Price To Book Ratio
Is Passenger Airlines 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 JetBlue Airways. If investors know JetBlue 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 JetBlue Airways 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 (0.83) | Earnings Share (2.48) | Revenue Per Share 27.22 | Quarterly Revenue Growth 0.005 | Return On Assets (0.01) |
The market value of JetBlue Airways Corp is measured differently than its book value, which is the value of JetBlue that is recorded on the company's balance sheet. Investors also form their own opinion of JetBlue Airways' value that differs from its market value or its book value, called intrinsic value, which is JetBlue Airways' 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 JetBlue Airways' market value can be influenced by many factors that don't directly affect JetBlue Airways' 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 JetBlue Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if JetBlue Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetBlue Airways' 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.
JetBlue Airways '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 JetBlue Airways' 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 JetBlue Airways.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in JetBlue Airways on November 3, 2024 and sell it all today you would earn a total of 0.00 from holding JetBlue Airways Corp or generate 0.0% return on investment in JetBlue Airways over 30 days. JetBlue Airways is related to or competes with Delta Air, United Airlines, and Frontier Group. JetBlue Airways Corporation provides air passenger transportation services More
JetBlue Airways 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 JetBlue Airways' 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 JetBlue Airways Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.55 | |||
| Information Ratio | 0.0676 | |||
| Maximum Drawdown | 31.32 | |||
| Value At Risk | (6.73) | |||
| Potential Upside | 7.53 |
JetBlue Airways Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JetBlue Airways' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JetBlue Airways' standard deviation. In reality, there are many statistical measures that can use JetBlue Airways historical prices to predict the future JetBlue Airways' volatility.| Risk Adjusted Performance | 0.0811 | |||
| Jensen Alpha | 0.2149 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0666 | |||
| Treynor Ratio | 0.2354 |
JetBlue Airways Corp Backtested Returns
JetBlue Airways appears to be relatively risky, given 3 months investment horizon. JetBlue Airways Corp holds Efficiency (Sharpe) Ratio of 0.0941, which attests that the entity had a 0.0941% return per unit of risk over the last 3 months. We have found thirty technical indicators for JetBlue Airways Corp, which you can use to evaluate the volatility of the firm. Please utilize JetBlue Airways' Market Risk Adjusted Performance of 0.2454, downside deviation of 4.55, and Risk Adjusted Performance of 0.0811 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, JetBlue Airways holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 1.77, 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, JetBlue Airways will likely underperform. Please check JetBlue Airways' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether JetBlue Airways' current trending patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
JetBlue Airways Corp has poor reverse predictability. Overlapping area represents the amount of predictability between JetBlue Airways time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd of December 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 JetBlue Airways Corp price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current JetBlue Airways price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
JetBlue Airways Corp lagged returns against current returns
Autocorrelation, which is JetBlue Airways 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 JetBlue Airways' stock expected returns. We can calculate the autocorrelation of JetBlue Airways returns to help us make a trade decision. For example, suppose you find that JetBlue Airways 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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JetBlue Airways 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 JetBlue Airways stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JetBlue Airways stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JetBlue Airways stock over time.
Current vs Lagged Prices |
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JetBlue Airways Lagged Returns
When evaluating JetBlue Airways' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JetBlue Airways stock have on its future price. JetBlue Airways 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, JetBlue Airways autocorrelation shows the relationship between JetBlue Airways stock current value and its past values and can show if there is a momentum factor associated with investing in JetBlue Airways Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for JetBlue Stock Analysis
When running JetBlue Airways' price analysis, check to measure JetBlue Airways' 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 JetBlue Airways is operating at the current time. Most of JetBlue Airways' value examination focuses on studying past and present price action to predict the probability of JetBlue Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JetBlue Airways' price. Additionally, you may evaluate how the addition of JetBlue Airways to your portfolios can decrease your overall portfolio volatility.