Jack Henry Associates Stock Market Value
| JKHY Stock | USD 165.20 1.28 0.77% |
| Symbol | Jack |
Jack Henry Associates Price To Book Ratio
Is Jack Henry's industry 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 0.145 | Dividend Share 2.08 | Earnings Share 5.11 | Revenue Per Share 29.641 | Quarterly Revenue Growth 0.08 |
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.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Jack Henry on March 26, 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 | 1.11 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 1.53 |
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 | 0.0112 | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.002 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jack Henry's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jack Henry Associates Backtested Returns
Jack Henry Associates holds Efficiency (Sharpe) Ratio of -0.0258, which attests that the entity had a -0.0258% return per unit of risk over the last 3 months. Jack Henry Associates exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jack Henry's Downside Deviation of 1.11, market risk adjusted performance of 0.012, and Risk Adjusted Performance of 0.0112 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.13, which attests to a somewhat significant risk relative to the market. Jack Henry returns are very sensitive to returns on the market. As the market goes up or down, Jack Henry is expected to follow. Jack Henry Associates has an expected return of -0.0303%. Please make sure to check out Jack Henry potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Jack Henry Associates performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Jack Henry Associates has very weak reverse predictability. Overlapping area represents the amount of predictability between Jack Henry time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 -0.08 indicates that barely 8.0% of current Jack Henry price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 4.53 |
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 |
Jack Henry Investors Sentiment
The influence of Jack Henry's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Jack. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Jack Henry's public news can be used to forecast risks associated with an investment in Jack. The trend in average sentiment can be used to explain how an investor holding Jack can time the market purely based on public headlines and social activities around Jack Henry Associates. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Jack Henry's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Jack Henry's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Jack Henry's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Jack Henry.
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 Jack Henry 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, Jack Henry's short interest history, or implied volatility extrapolated from Jack Henry options trading.
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Try AI Portfolio ArchitectCheck out Jack Henry Correlation, Jack Henry Volatility and Jack Henry Alpha and Beta module to complement your research on Jack Henry. Note that the Jack Henry Associates information on this page should be used as a complementary analysis to other Jack Henry's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary 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.
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Jack Henry 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.