Jetblue Airways Corp Stock Price on April 27, 2024
| JBLU Stock | USD 5.77 0.02 0.35% |
Below is the normalized historical share price chart for JetBlue Airways Corp extending back to April 12, 2002. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of JetBlue Airways stands at 5.77, as last reported on the 11th of May 2024, with the highest price reaching 5.81 and the lowest price hitting 5.65 during the day.
If you're considering investing in JetBlue Stock, it is important to understand the factors that can impact its price. We consider JetBlue Airways relatively risky. JetBlue Airways Corp holds Efficiency (Sharpe) Ratio of 0.0044, which attests that the entity had a 0.0044% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for JetBlue Airways Corp, which you can use to evaluate the volatility of the firm. Please check out JetBlue Airways' Downside Deviation of 4.42, market risk adjusted performance of 0.0386, and Risk Adjusted Performance of 0.0137 to validate if the risk estimate we provide is consistent with the expected return of 0.02%.
Total Stockholder Equity is likely to drop to about 2.4 B in 2024. Common Stock Shares Outstanding is likely to drop to about 275.4 M in 2024. At this time, JetBlue Airways' Price Book Value Ratio is comparatively stable compared to the past year. Price To Operating Cash Flows Ratio is likely to gain to 4.85 in 2024, whereas Price Earnings To Growth Ratio is likely to drop 0.33 in 2024. JetBlue Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of April 2002 | 200 Day MA 5.685 | 50 Day MA 6.6894 | Beta 1.89 |
JetBlue |
Sharpe Ratio = 0.0044
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| Negative Returns | JBLU |
Estimated Market Risk
| 4.53 actual daily | 40 60% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.0 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JetBlue Airways 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 JetBlue Airways by adding JetBlue Airways to a well-diversified portfolio.
Price Book 0.688 | Enterprise Value Ebitda 12.2916 | Price Sales 0.2388 | Shares Float 320.6 M | Wall Street Target Price 6.06 |
JetBlue Airways Main Headline on 26th of April 2024
JetBlue Airways First Quarter 2024 Earnings EPS Misses Expec... by simplywall.st
JetBlue Airways First Quarter 2024 Results Key Financial Results Revenue US2.21b down 5.1 percent from 1Q...
JetBlue Airways Valuation on April 27, 2024
It is possible to determine the worth of JetBlue Airways on a given historical date. On April 27, 2024 JetBlue was worth 5.67 at the beginning of the trading date compared to the closed value of 5.78. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JetBlue Airways stock. Still, in general, we apply an absolute valuation method to find JetBlue Airways' 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 JetBlue Airways where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JetBlue Airways' related companies.
| Open | High | Low | Close | Volume | |
| 5.75 | 5.81 | 5.57 | 5.72 | 19,679,101 | |
04/26/2024 | 5.67 | 5.80 | 5.64 | 5.78 | 13,399,236 |
| 5.77 | 5.91 | 5.73 | 5.90 | 10,772,234 |
| Backtest JetBlue Airways | | | JetBlue Airways History | | | JetBlue Airways Valuation | Previous | Next |
JetBlue Airways Trading Date Momentum on April 27, 2024
| On April 29 2024 JetBlue Airways Corp was traded for 5.90 at the closing time. The top price for the day was 5.91 and the lowest listed price was 5.73 . The trading volume for the day was 10.8 M. The trading history from April 29, 2024 was a factor to the next trading day price appreciation. The trading delta at closing time against the next closing price was 2.08% . The trading delta at closing time against the current closing price is 0.35% . |
JetBlue Airways Corp Fundamentals Correlations and Trends
By evaluating JetBlue Airways' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among JetBlue Airways' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JetBlue financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JetBlue Airways Stock history
JetBlue Airways 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 JetBlue is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JetBlue Airways Corp 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 JetBlue Airways stock prices may prove useful in developing a viable investing in JetBlue Airways
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 332.9 M | 275.4 M | |
| Net Loss | -325.8 M | -309.5 M |
JetBlue Airways Stock Technical Analysis
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.
Price Boundaries
JetBlue Airways Period Price Range
Low | April 26, 2024
| High |
5.67 | 5.78 |
JetBlue Airways May 11, 2024 Market Strength
Market strength indicators help investors to evaluate how JetBlue Airways stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JetBlue Airways shares will generate the highest return on investment. By undertsting and applying JetBlue Airways stock market strength indicators, traders can identify JetBlue Airways Corp entry and exit signals to maximize returns
| Accumulation Distribution | 369634.0 | |||
| Daily Balance Of Power | 0.6875 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 5.72 | |||
| Day Typical Price | 5.74 | |||
| Price Action Indicator | 0.12 | |||
| Period Momentum Indicator | (0.01) |
JetBlue Airways Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JetBlue Airways' price direction in advance. Along with the technical and fundamental analysis of JetBlue Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JetBlue 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 | 0.0137 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.51) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0286 |
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| Volume Indicators |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JetBlue Airways Corp. 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 ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for JetBlue Stock analysis
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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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 (2.46) | Revenue Per Share 28.268 | Quarterly Revenue Growth (0.05) | 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.