Johnson Outdoors Stock Performance

JOUT Stock  USD 46.11  0.34  0.74%   
The company retains a Market Volatility (i.e., Beta) of 2.02, 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, Johnson Outdoors will likely underperform. Johnson Outdoors has an expected return of -0.2%. Please make sure to check out Johnson Outdoors coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Johnson Outdoors performance from the past will be repeated at some point in the near future.

Risk-Adjusted Performance

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Over the last 90 days Johnson Outdoors has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fragile performance in the last few months, the Stock's basic indicators remain comparatively stable which may send shares a bit higher in April 2024. The newest uproar may also be a sign of mid-term up-swing for the firm private investors. ...more
 
Johnson Outdoors dividend paid on 25th of January 2024
01/25/2024
Begin Period Cash Flow129.8 M
  

Johnson Outdoors Relative Risk vs. Return Landscape

If you would invest  5,306  in Johnson Outdoors on December 29, 2023 and sell it today you would lose (695.00) from holding Johnson Outdoors or give up 13.1% of portfolio value over 90 days. Johnson Outdoors is currently does not generate positive expected returns and assumes 2.1244% risk (volatility on return distribution) over the 90 days horizon. In different words, 18% of stocks are less volatile than Johnson, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
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Given the investment horizon of 90 days Johnson Outdoors is expected to under-perform the market. In addition to that, the company is 3.73 times more volatile than its market benchmark. It trades about -0.1 of its total potential returns per unit of risk. The NYSE Composite is currently generating roughly 0.24 per unit of volatility.

Johnson Outdoors Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Johnson Outdoors' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Johnson Outdoors, and traders can use it to determine the average amount a Johnson Outdoors' 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 = -0.0959

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Negative ReturnsJOUT

Estimated Market Risk

 2.12
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82% of assets are more volatile

Expected Return

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Most of other assets have higher returns

Risk-Adjusted Return

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Most of other assets perform better
Based on monthly moving average Johnson Outdoors 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 Johnson Outdoors by adding Johnson Outdoors to a well-diversified portfolio.

Johnson Outdoors Fundamentals Growth

Johnson Stock prices reflect investors' perceptions of the future prospects and financial health of Johnson Outdoors, and Johnson Outdoors 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 Johnson Stock performance.

About Johnson Outdoors Performance

To evaluate Johnson Outdoors Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Johnson Outdoors generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Johnson Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Johnson Outdoors market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Johnson's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Johnson Outdoors Inc. designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. The company was founded in 1970 and is headquartered in Racine, Wisconsin. Johnson Outdoors operates under Leisure classification in the United States and is traded on NASDAQ Exchange. It employs 1400 people.

Things to note about Johnson Outdoors performance evaluation

Checking the ongoing alerts about Johnson Outdoors for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Johnson Outdoors help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Johnson Outdoors generated a negative expected return over the last 90 days
Over 76.0% of the company shares are owned by institutional investors
Evaluating Johnson Outdoors' performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Johnson Outdoors' stock performance include:
  • Analyzing Johnson Outdoors' 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 Johnson Outdoors' stock is overvalued or undervalued compared to its peers.
  • Examining Johnson Outdoors' 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 Johnson Outdoors' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Johnson Outdoors' management team can help you assess the Company's leadership.
  • Pay attention to analyst opinions and ratings of Johnson Outdoors' stock. These opinions can provide insight into Johnson Outdoors' potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Johnson Outdoors' stock performance is not an exact science, and many factors can impact Johnson Outdoors' stock market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.
When determining whether Johnson Outdoors is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Johnson Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Johnson Outdoors Stock. Highlighted below are key reports to facilitate an investment decision about Johnson Outdoors Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Johnson Outdoors. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
For more information on how to buy Johnson Stock please use our How to Invest in Johnson Outdoors guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Johnson Outdoors' price analysis, check to measure Johnson Outdoors' 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 Johnson Outdoors is operating at the current time. Most of Johnson Outdoors' value examination focuses on studying past and present price action to predict the probability of Johnson Outdoors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Outdoors' price. Additionally, you may evaluate how the addition of Johnson Outdoors to your portfolios can decrease your overall portfolio volatility.
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Is Johnson Outdoors' 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 Johnson Outdoors. If investors know Johnson 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 Johnson Outdoors 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 Johnson Outdoors is measured differently than its book value, which is the value of Johnson that is recorded on the company's balance sheet. Investors also form their own opinion of Johnson Outdoors' value that differs from its market value or its book value, called intrinsic value, which is Johnson Outdoors' 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 Johnson Outdoors' market value can be influenced by many factors that don't directly affect Johnson Outdoors' 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 Johnson Outdoors' value and its price as these two are different measures arrived at by different means. Investors typically determine if Johnson Outdoors is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Johnson Outdoors' 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.