Jetblue Airways Corp Stock Market Value

JBLU Stock  USD 7.41  0.08  1.09%   
JetBlue Airways' market value is the price at which a share of JetBlue Airways trades on a public exchange. It measures the collective expectations of JetBlue Airways Corp investors about its performance. JetBlue Airways is selling for under 7.41 as of the 28th of March 2024; that is 1.09 percent up since the beginning of the trading day. The stock's last reported lowest price was 7.24.
With this module, you can estimate the performance of a buy and hold strategy of JetBlue Airways Corp and determine expected loss or profit from investing in JetBlue Airways over a given investment horizon. Check out JetBlue Airways Correlation, JetBlue Airways Volatility and JetBlue Airways Alpha and Beta module to complement your research on JetBlue Airways.
Symbol

JetBlue Airways Corp Price To Book Ratio

Is JetBlue Airways' 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 JetBlue Airways. If investors know JetBlue 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 JetBlue Airways 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
(0.56)
Earnings Share
(0.93)
Revenue Per Share
28.883
Quarterly Revenue Growth
(0.04)
Return On Assets
(0)
The market value of JetBlue Airways Corp is measured differently than its book value, which is the value of JetBlue that is recorded on the company's balance sheet. Investors also form their own opinion of JetBlue Airways' value that differs from its market value or its book value, called intrinsic value, which is JetBlue Airways' 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 JetBlue Airways' market value can be influenced by many factors that don't directly affect JetBlue Airways' 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 JetBlue Airways' value and its price as these two are different measures arrived at by different means. Investors typically determine if JetBlue Airways is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JetBlue Airways' 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.

JetBlue Airways '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 JetBlue Airways' 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 JetBlue Airways.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in JetBlue Airways on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding JetBlue Airways Corp or generate 0.0% return on investment in JetBlue Airways over 30 days. JetBlue Airways is related to or competes with Canadian Pacific, Daseke, Marten Transport, Werner Enterprises, and Old Dominion. JetBlue Airways Corporation provides air passenger transportation services More

JetBlue Airways 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 JetBlue Airways' 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 JetBlue Airways Corp upside and downside potential and time the market with a certain degree of confidence.

JetBlue Airways Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for JetBlue Airways' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JetBlue Airways' standard deviation. In reality, there are many statistical measures that can use JetBlue Airways historical prices to predict the future JetBlue Airways' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JetBlue Airways' 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.
Hype
Prediction
LowEstimatedHigh
2.977.7412.51
Details
Intrinsic
Valuation
LowRealHigh
0.775.5410.31
Details
Naive
Forecast
LowNextHigh
2.977.7412.51
Details
14 Analysts
Consensus
LowTargetHigh
4.885.365.95
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as JetBlue Airways. Your research has to be compared to or analyzed against JetBlue Airways' peers to derive any actionable benefits. When done correctly, JetBlue Airways' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in JetBlue Airways Corp.

JetBlue Airways Corp Backtested Returns

JetBlue Airways appears to be relatively risky, given 3 months investment horizon. JetBlue Airways Corp holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. By evaluating JetBlue Airways' technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize JetBlue Airways' Market Risk Adjusted Performance of 3.2, downside deviation of 3.8, and Risk Adjusted Performance of 0.0679 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, JetBlue Airways holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 0.15, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JetBlue Airways' returns are expected to increase less than the market. However, during the bear market, the loss of holding JetBlue Airways is expected to be smaller as well. Please check JetBlue Airways' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether JetBlue Airways' current trending patterns will revert.

Auto-correlation

    
  0.47  

Average predictability

JetBlue Airways Corp has average predictability. Overlapping area represents the amount of predictability between JetBlue Airways time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 JetBlue Airways Corp price movement. The serial correlation of 0.47 indicates that about 47.0% of current JetBlue Airways price fluctuation can be explain by its past prices.
Correlation Coefficient0.47
Spearman Rank Test0.41
Residual Average0.0
Price Variance0.04

JetBlue Airways Corp lagged returns against current returns

Autocorrelation, which is JetBlue Airways 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 JetBlue Airways' stock expected returns. We can calculate the autocorrelation of JetBlue Airways returns to help us make a trade decision. For example, suppose you find that JetBlue Airways 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  

JetBlue Airways 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 JetBlue Airways stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JetBlue Airways stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JetBlue Airways stock over time.
   Current vs Lagged Prices   
       Timeline  

JetBlue Airways Lagged Returns

When evaluating JetBlue Airways' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JetBlue Airways stock have on its future price. JetBlue Airways 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, JetBlue Airways autocorrelation shows the relationship between JetBlue Airways stock current value and its past values and can show if there is a momentum factor associated with investing in JetBlue Airways Corp.
   Regressed Prices   
       Timeline  

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When determining whether JetBlue Airways Corp 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 JetBlue 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 Jetblue Airways Corp Stock. Highlighted below are key reports to facilitate an investment decision about Jetblue Airways Corp Stock:
Check out JetBlue Airways Correlation, JetBlue Airways Volatility and JetBlue Airways Alpha and Beta module to complement your research on JetBlue Airways.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running JetBlue Airways' price analysis, check to measure JetBlue Airways' 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 JetBlue Airways is operating at the current time. Most of JetBlue Airways' value examination focuses on studying past and present price action to predict the probability of JetBlue Airways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JetBlue Airways' price. Additionally, you may evaluate how the addition of JetBlue Airways to your portfolios can decrease your overall portfolio volatility.
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JetBlue Airways 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.
A focus of JetBlue Airways technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of JetBlue Airways trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...