JJill Correlations
JILL Stock | USD 26.01 0.64 2.52% |
The correlation of JJill is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JJill moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JJill Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Very weak diversification
The correlation between JJill Inc and NYA is 0.44 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding JJill Inc and NYA in the same portfolio, assuming nothing else is changed.
JJill |
The ability to find closely correlated positions to JJill could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JJill when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JJill - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JJill Inc to buy it.
Moving together with JJill Stock
0.81 | ABG | Asbury Automotive | PairCorr |
0.79 | AEO | American Eagle Outfitters Buyout Trend | PairCorr |
0.71 | DDS | Dillards Financial Report 9th of May 2024 | PairCorr |
0.84 | GPS | Gap Inc Financial Report 23rd of May 2024 | PairCorr |
0.74 | F | Ford Motor Aggressive Push | PairCorr |
0.61 | UEIC | Universal Electronics Financial Report 2nd of May 2024 | PairCorr |
Moving against JJill Stock
0.59 | UCAR | U Power Limited | PairCorr |
0.5 | LULU | Lululemon Athletica Financial Report 6th of June 2024 | PairCorr |
0.49 | PLCE | Childrens Place Financial Report 22nd of May 2024 | PairCorr |
0.47 | MCD | McDonalds Financial Report 25th of July 2024 | PairCorr |
0.45 | ACN | Accenture plc Sell-off Trend | PairCorr |
0.41 | SONY | Sony Group Corp Earnings Call Today | PairCorr |
Related Correlations Analysis
0.82 | 0.48 | -0.16 | -0.55 | 0.73 | AEO | ||
0.82 | 0.67 | 0.04 | -0.22 | 0.46 | ANF | ||
0.48 | 0.67 | 0.52 | 0.28 | 0.23 | URBN | ||
-0.16 | 0.04 | 0.52 | 0.74 | -0.46 | FL | ||
-0.55 | -0.22 | 0.28 | 0.74 | -0.53 | PLCE | ||
0.73 | 0.46 | 0.23 | -0.46 | -0.53 | GPS | ||
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
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Risk-Adjusted Indicators
There is a big difference between JJill Stock performing well and JJill Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze JJill's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
---|---|---|---|---|---|---|---|---|---|---|
AEO | 1.68 | 0.18 | 0.12 | 0.19 | 1.75 | 3.95 | 8.73 | |||
ANF | 2.42 | 0.18 | 0.06 | 0.19 | 3.39 | 4.51 | 14.82 | |||
URBN | 1.78 | (0.03) | 0.00 | 0.06 | 2.90 | 3.36 | 16.62 | |||
FL | 2.68 | (0.41) | 0.00 | (0.17) | 0.00 | 5.65 | 35.53 | |||
PLCE | 6.94 | (1.62) | 0.00 | (0.14) | 0.00 | 16.46 | 99.19 | |||
GPS | 2.12 | 0.09 | 0.06 | 0.14 | 2.32 | 5.52 | 12.81 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in JJill without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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JJill Corporate Directors
JJill corporate directors refer to members of a JJill board of directors. The board of directors generally takes responsibility for the JJill's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of JJill's board members must vote for the resolution. The JJill board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Michael Recht | Director | Profile | |
Andrew Rolfe | Director | Profile | |
Michael Eck | Independent Director | Profile | |
Shelley Milano | Independent Director | Profile |
Already Invested in JJill Inc?
The danger of trading JJill Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of JJill is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than JJill. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile JJill Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether JJill Inc is a strong investment it is important to analyze JJill's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JJill's future performance. For an informed investment choice regarding JJill Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JJill Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for JJill Stock analysis
When running JJill's price analysis, check to measure JJill'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 JJill is operating at the current time. Most of JJill's value examination focuses on studying past and present price action to predict the probability of JJill's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JJill's price. Additionally, you may evaluate how the addition of JJill to your portfolios can decrease your overall portfolio volatility.
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Is JJill'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 JJill. If investors know JJill 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 JJill 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 3.713 | Earnings Share 2.51 | Revenue Per Share 42.753 | Quarterly Revenue Growth 0.012 | Return On Assets 0.1223 |
The market value of JJill Inc is measured differently than its book value, which is the value of JJill that is recorded on the company's balance sheet. Investors also form their own opinion of JJill's value that differs from its market value or its book value, called intrinsic value, which is JJill'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 JJill's market value can be influenced by many factors that don't directly affect JJill'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 JJill's value and its price as these two are different measures arrived at by different means. Investors typically determine if JJill is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JJill'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.