Joby Aviation Stock Performance
| JOBY Stock | USD 8.95 0.95 11.87% |
Joby Aviation holds a performance score of 13 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 2.15, 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, Joby Aviation will likely underperform. Use Joby Aviation potential upside, and the relationship between the jensen alpha and accumulation distribution , to analyze future returns on Joby Aviation.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Joby Aviation are ranked lower than 13 (%) of all global equities and portfolios over the last 90 days. In spite of fairly weak fundamental drivers, Joby Aviation showed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 11.88 | Five Day Return 22.1 | Year To Date Return 44.82 | Ten Year Return (14.76) | All Time Return (14.76) |
1 | Disposition of 5699 shares by Bonny Simi of Joby Aviation subject to Rule 16b-3 | 09/13/2024 |
2 | Disposition of 6025 shares by Didier Papadopoulos of Joby Aviation at 5.33 subject to Rule 16b-3 | 09/16/2024 |
3 | Acquisition by Ogawa Tetsuo of 2268 shares of Joby Aviation subject to Rule 16b-3 | 10/04/2024 |
4 | Disposition of 16065 shares by Kate DeHoff of Joby Aviation subject to Rule 16b-3 | 10/11/2024 |
5 | Disposition of 6900 shares by Kate DeHoff of Joby Aviation at 5.56 subject to Rule 16b-3 | 10/14/2024 |
6 | Joby Aviation Stock Price Down 2.7 percent After Insider Selling | 10/17/2024 |
7 | Joby Aviation Trading Up 1.1 percent Should You Buy | 10/25/2024 |
8 | Joby Aviation Inc Q3 2024 Earnings Call Highlights Strategic Investments and Regulatory ... | 11/07/2024 |
9 | Cathie Wood Goes Bargain Hunting 3 Stocks She Just Bought | 11/15/2024 |
10 | Flying Taxis in Dubai Joby Aviation Targets Cheaper Than Car Fares | 11/18/2024 |
11 | Fly the Joby Aircraft in the New Release of Microsoft Flight Simulator | 11/19/2024 |
12 | Nvidia, Microstrategy, Apollo Global Management, Joby Aviation, And Tesla Why These 5 Stocks Are On Investors Radars Today | 11/20/2024 |
13 | Air Taxi Stocks Soar Joby and Archer Surge Over 10 percent After Buy Ratings from Needham | 11/21/2024 |
14 | Disposition of 3408 shares by Greg Bowles of Joby Aviation at 7.08 subject to Rule 16b-3 | 11/22/2024 |
15 | Disposition of 298481 shares by JoeBen Bevirt of Joby Aviation subject to Rule 16b-3 | 11/26/2024 |
16 | Joby Aviation Reaches New 1-Year High Still a Buy | 11/29/2024 |
| Begin Period Cash Flow | 150.1 M |
Joby |
Joby Aviation Relative Risk vs. Return Landscape
If you would invest 492.00 in Joby Aviation on September 2, 2024 and sell it today you would earn a total of 403.00 from holding Joby Aviation or generate 81.91% return on investment over 90 days. Joby Aviation is currently generating 1.1274% in daily expected returns and assumes 6.4056% risk (volatility on return distribution) over the 90 days horizon. In different words, 57% of stocks are less volatile than Joby, and 78% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Joby Aviation Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Joby Aviation's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Joby Aviation, and traders can use it to determine the average amount a Joby Aviation's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.176
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
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| Small Returns | JOBY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 6.41 actual daily | 57 57% of assets are less volatile |
Expected Return
| 1.13 actual daily | 22 78% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 13 87% of assets perform better |
Based on monthly moving average Joby Aviation is performing at about 13% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Joby Aviation by adding it to a well-diversified portfolio.
Joby Aviation Fundamentals Growth
Joby Stock prices reflect investors' perceptions of the future prospects and financial health of Joby Aviation, and Joby Aviation fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Joby Stock performance.
| Return On Equity | -0.5 | ||||
| Return On Asset | -0.31 | ||||
| Current Valuation | 6.17 B | ||||
| Shares Outstanding | 765.09 M | ||||
| Price To Book | 8.77 X | ||||
| Price To Sales | 6,152 X | ||||
| Revenue | 1.03 M | ||||
| EBITDA | (441.6 M) | ||||
| Net Income | (513.05 M) | ||||
| Cash And Equivalents | 1.15 B | ||||
| Cash Per Share | 1.89 X | ||||
| Total Debt | 30.66 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 39.24 X | ||||
| Book Value Per Share | 1.09 X | ||||
| Cash Flow From Operations | (313.83 M) | ||||
| Earnings Per Share | (0.70) X | ||||
| Market Capitalization | 6.85 B | ||||
| Total Asset | 1.27 B | ||||
| Retained Earnings | (1.25 B) | ||||
| Working Capital | 1.01 B | ||||
About Joby Aviation Performance
Evaluating Joby Aviation's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Joby Aviation has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Joby Aviation has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 304.28 | 229.77 | |
| Return On Tangible Assets | (0.41) | (0.43) | |
| Return On Capital Employed | (0.39) | (0.40) | |
| Return On Assets | (0.40) | (0.42) | |
| Return On Equity | (0.50) | (0.47) |
Things to note about Joby Aviation performance evaluation
Checking the ongoing alerts about Joby Aviation for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Joby Aviation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Joby Aviation is way too risky over 90 days horizon | |
| Joby Aviation appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 1.03 M. Net Loss for the year was (513.05 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Joby Aviation currently holds about 1.15 B in cash with (313.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89. | |
| Joby Aviation has a frail financial position based on the latest SEC disclosures | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from thelincolnianonline.com: Joby Aviation Reaches New 1-Year High Still a Buy |
- Analyzing Joby Aviation's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Joby Aviation's stock is overvalued or undervalued compared to its peers.
- Examining Joby Aviation's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Joby Aviation's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Joby Aviation's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Joby Aviation's stock. These opinions can provide insight into Joby Aviation's potential for growth and whether the stock is currently undervalued or overvalued.
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.