Jack Henry Associates Stock Price on June 30, 2023
| JKHY Stock | USD 165.65 0.69 0.42% |
If you're considering investing in Jack Stock, it is important to understand the factors that can impact its price. As of today, the current price of Jack Henry stands at 165.65, as last reported on the 8th of May, with the highest price reaching 167.32 and the lowest price hitting 164.60 during the day. Jack Henry Associates holds Efficiency (Sharpe) Ratio of -0.0669, which attests that the entity had a -0.0669% return per unit of risk over the last 3 months. Jack Henry Associates exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jack Henry's Risk Adjusted Performance of (0.04), market risk adjusted performance of (0.82), and Standard Deviation of 1.02 to validate the risk estimate we provide.
At this time, Jack Henry's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 85.5 M in 2024, despite the fact that Other Stockholder Equity is likely to grow to (1.1 B). . At this time, Jack Henry's Price Earnings To Growth Ratio is fairly stable compared to the past year. Price To Free Cash Flows Ratio is likely to rise to 66.05 in 2024, whereas Price To Sales Ratio is likely to drop 3.22 in 2024. Jack Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Jack |
Sharpe Ratio = -0.0669
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Estimated Market Risk
| 1.02 actual daily | 9 91% of assets are more volatile |
Expected Return
| -0.07 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Jack Henry is not performing at its full potential. However, 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 Jack Henry by adding Jack Henry to a well-diversified portfolio.
Jack Henry Valuation on June 30, 2023
It is possible to determine the worth of Jack Henry on a given historical date. On June 30, 2023 Jack was worth 166.88 at the beginning of the trading date compared to the closed value of 165.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Jack Henry stock. Still, in general, we apply an absolute valuation method to find Jack Henry's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Jack Henry where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Jack Henry's related companies.
| Open | High | Low | Close | Volume | |
| 164.55 | 167.11 | 163.80 | 164.84 | 370,668 | |
06/30/2023 | 166.88 | 168.19 | 165.68 | 165.68 | 439,115 |
| 167.32 | 169.38 | 166.58 | 166.58 | 237,152 |
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Jack Henry Trading Date Momentum on June 30, 2023
| On July 03 2023 Jack Henry Associates was traded for 166.58 at the closing time. The top price for the day was 169.38 and the lowest listed price was 166.58 . The trading volume for the day was 237.2 K. The trading history from July 3, 2023 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.54% . The trading delta at closing time against the current closing price is 1.70% . |
Jack Henry Associates Fundamentals Correlations and Trends
By evaluating Jack Henry's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Jack Henry's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Jack financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Jack Henry Stock history
Jack Henry investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Jack is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Jack Henry Associates will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Jack Henry stock prices may prove useful in developing a viable investing in Jack Henry
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 84.1 M | 85.5 M | |
| Net Income Applicable To Common Shares | 421.6 M | 442.7 M |
Jack Henry Stock Technical Analysis
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.
Price Boundaries
Jack Henry Period Price Range
Low | June 30, 2023
| High |
166.88 | 165.68 |
Jack Henry May 8, 2024 Market Strength
Market strength indicators help investors to evaluate how Jack Henry stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jack Henry shares will generate the highest return on investment. By undertsting and applying Jack Henry stock market strength indicators, traders can identify Jack Henry Associates entry and exit signals to maximize returns
| Accumulation Distribution | 6553.18 | |||
| Daily Balance Of Power | (0.48) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 166.94 | |||
| Day Typical Price | 166.52 | |||
| Price Action Indicator | (1.85) | |||
| Period Momentum Indicator | (0.03) | |||
| Relative Strength Index | 45.38 |
Jack Henry Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Jack Henry's price direction in advance. Along with the technical and fundamental analysis of Jack Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Jack to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.83) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jack Henry Associates. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as various price indices. 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 AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
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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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.
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.