Jack Henry Associates Stock Market Value
| JKHY Stock | USD 173.96 0.86 0.50% |
| Symbol | Jack |
Jack Henry Associates Price To Book Ratio
Is Transaction & Payment Processing 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 Jack Henry. If investors know Jack 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 Jack Henry 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 0.173 | Dividend Share 2.17 | Earnings Share 5.47 | Revenue Per Share 30.808 | Quarterly Revenue Growth 0.052 |
The market value of Jack Henry Associates is measured differently than its book value, which is the value of Jack that is recorded on the company's balance sheet. Investors also form their own opinion of Jack Henry's value that differs from its market value or its book value, called intrinsic value, which is Jack Henry'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 Jack Henry's market value can be influenced by many factors that don't directly affect Jack Henry'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 Jack Henry's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jack Henry is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jack Henry'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.
Jack Henry '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 Jack Henry'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 Jack Henry.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Jack Henry on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Jack Henry Associates or generate 0.0% return on investment in Jack Henry over 30 days. Jack Henry is related to or competes with CACI International, CDW Corp, Broadridge Financial, ExlService Holdings, Gartner, Cognizant Technology, and Fidelity National. Jack Henry Associates, Inc. provides technology solutions and payment processing services primarily for financial servic... More
Jack Henry 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 Jack Henry'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 Jack Henry Associates upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.03 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.79 |
Jack Henry Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jack Henry's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jack Henry's standard deviation. In reality, there are many statistical measures that can use Jack Henry historical prices to predict the future Jack Henry's volatility.| Risk Adjusted Performance | 0.0386 | |||
| Jensen Alpha | 0.0405 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (1.57) |
Jack Henry Associates Backtested Returns
At this stage we consider Jack Stock to be very steady. Jack Henry Associates holds Efficiency (Sharpe) Ratio of 0.0186, which attests that the entity had a 0.0186% return per unit of risk over the last 3 months. We have found thirty technical indicators for Jack Henry Associates, which you can use to evaluate the volatility of the firm. Please check out Jack Henry's Market Risk Adjusted Performance of (1.56), downside deviation of 1.06, and Risk Adjusted Performance of 0.0386 to validate if the risk estimate we provide is consistent with the expected return of 0.0183%. Jack Henry has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.024, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jack Henry are expected to decrease at a much lower rate. During the bear market, Jack Henry is likely to outperform the market. Jack Henry Associates right now retains a risk of 0.98%. Please check out Jack Henry potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Jack Henry will be following its current trending patterns.
Auto-correlation | -0.56 |
Good reverse predictability
Jack Henry Associates has good reverse predictability. Overlapping area represents the amount of predictability between Jack Henry time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Jack Henry Associates price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Jack Henry price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 1.06 |
Jack Henry Associates lagged returns against current returns
Autocorrelation, which is Jack Henry 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 Jack Henry's stock expected returns. We can calculate the autocorrelation of Jack Henry returns to help us make a trade decision. For example, suppose you find that Jack Henry 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 |
Jack Henry 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 Jack Henry stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jack Henry stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jack Henry stock over time.
Current vs Lagged Prices |
| Timeline |
Jack Henry Lagged Returns
When evaluating Jack Henry's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jack Henry stock have on its future price. Jack Henry 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, Jack Henry autocorrelation shows the relationship between Jack Henry stock current value and its past values and can show if there is a momentum factor associated with investing in Jack Henry Associates.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Jack Stock Analysis
When running Jack Henry's price analysis, check to measure Jack Henry'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 Jack Henry is operating at the current time. Most of Jack Henry's value examination focuses on studying past and present price action to predict the probability of Jack Henry's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jack Henry's price. Additionally, you may evaluate how the addition of Jack Henry to your portfolios can decrease your overall portfolio volatility.