Joby Aviation Stock Performance
| JOBY Stock | USD 5.38 0.16 3.07% |
The company retains a Market Volatility (i.e., Beta) of 2.2, 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, Joby Aviation will likely underperform. Joby Aviation right now retains a risk of 3.04%. Please check out Joby Aviation treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Joby Aviation will be following its current trending patterns.
Risk-Adjusted Performance
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Over the last 90 days Joby Aviation has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly strong fundamental drivers, Joby Aviation is not utilizing all of its potentials. The latest stock price disturbance, may contribute to short-term losses for the investors. ...more
Actual Historical Performance (%)
Five Day Return 5.7 | Year To Date Return (12.94) | Ten Year Return (48.76) | All Time Return (48.76) |
1 | Joby Aviation, Inc. Ascends While Market Falls Some Facts to Note | 03/08/2024 |
2 | NetXD Launches Cloud-based Solution for the RTP Network as a Third-Party Service Provider | 03/21/2024 |
3 | Acquisition by Didier Papadopoulos of 7454 shares of Joby Aviation subject to Rule 16b-3 | 03/25/2024 |
4 | Joby Aviation, Inc.s institutional investors lost 9.0 percent over the past week but have profited from longer-term gains | 04/04/2024 |
5 | Acquisition by Kate DeHoff of 1979 shares of Joby Aviation subject to Rule 16b-3 | 04/05/2024 |
6 | 3 Flying Car Stocks to Buy Before They Double This Year | 04/10/2024 |
7 | Joby Aviation executive sells 27,354 in company stock | 04/16/2024 |
8 | Joby Aviation CEO sells over 25k in company stock | 04/18/2024 |
9 | ACHR Stock Alert Archer Aviation Preps for Expansion in India | 04/19/2024 |
10 | Joby Aviation to Report First Quarter 2024 Financial Results | 04/23/2024 |
11 | Joby Aviation to establish air taxi services in Abu Dhabi | 04/25/2024 |
12 | Joby Aviation announces expansion of California manufacturing facility | 04/29/2024 |
13 | Joby Aviation completes key pre-production flight tests | 05/02/2024 |
| Begin Period Cash Flow | 149.3 M |
Joby |
Joby Aviation Relative Risk vs. Return Landscape
If you would invest 552.00 in Joby Aviation on February 4, 2024 and sell it today you would lose (14.00) from holding Joby Aviation or give up 2.54% of portfolio value over 90 days. Joby Aviation is currently generating 0.0053% in daily expected returns and assumes 3.0437% risk (volatility on return distribution) over the 90 days horizon. In different words, 26% of stocks are less volatile than Joby, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Joby Aviation Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Joby Aviation's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Joby Aviation, and traders can use it to determine the average amount a Joby Aviation's 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 = 0.0017
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JOBY |
Estimated Market Risk
| 3.04 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.01 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 Joby Aviation 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 Joby Aviation by adding Joby Aviation to a well-diversified portfolio.
Joby Aviation Fundamentals Growth
Joby Stock prices reflect investors' perceptions of the future prospects and financial health of Joby Aviation, and Joby Aviation 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 Joby Stock performance.
| Return On Equity | -0.47 | ||||
| Return On Asset | -0.23 | ||||
| Operating Margin | (124.27) % | ||||
| Current Valuation | 2.79 B | ||||
| Shares Outstanding | 706.66 M | ||||
| Price To Book | 3.14 X | ||||
| Price To Sales | 3,147 X | ||||
| Revenue | 1.03 M | ||||
| EBITDA | (355.22 M) | ||||
| Net Income | (513.05 M) | ||||
| Cash And Equivalents | 1.15 B | ||||
| Cash Per Share | 1.89 X | ||||
| Total Debt | 30.66 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 39.24 X | ||||
| Book Value Per Share | 1.48 X | ||||
| Cash Flow From Operations | (313.83 M) | ||||
| Earnings Per Share | (0.79) X | ||||
| Market Capitalization | 3.8 B | ||||
| Total Asset | 1.27 B | ||||
| Retained Earnings | (1.25 B) | ||||
| Working Capital | 1.01 B | ||||
About Joby Aviation Performance
To evaluate Joby Aviation 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 Joby Aviation 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 Joby 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 Joby Aviation market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Joby'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 304.28 | 229.77 | |
| Return On Tangible Assets | (0.41) | (0.43) | |
| Return On Capital Employed | (0.39) | (0.40) | |
| Return On Assets | (0.40) | (0.42) | |
| Return On Equity | (0.50) | (0.47) |
Things to note about Joby Aviation performance evaluation
Checking the ongoing alerts about Joby Aviation for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Joby Aviation help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Joby Aviation had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 1.03 M. Net Loss for the year was (513.05 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Joby Aviation currently holds about 1.15 B in cash with (313.83 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89. | |
| Joby Aviation has a frail financial position based on the latest SEC disclosures | |
| Roughly 37.0% of the company shares are held by company insiders | |
| Latest headline from investing.com: Joby Aviation completes key pre-production flight tests |
- Analyzing Joby Aviation's 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 Joby Aviation's stock is overvalued or undervalued compared to its peers.
- Examining Joby Aviation's 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 Joby Aviation's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Joby Aviation's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Joby Aviation's stock. These opinions can provide insight into Joby Aviation's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joby Aviation. 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 labor statistics. For more information on how to buy Joby Stock please use our How to Invest in Joby Aviation guide.Note that the Joby Aviation information on this page should be used as a complementary analysis to other Joby Aviation'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Joby Stock analysis
When running Joby Aviation's price analysis, check to measure Joby Aviation'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 Joby Aviation is operating at the current time. Most of Joby Aviation's value examination focuses on studying past and present price action to predict the probability of Joby Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joby Aviation's price. Additionally, you may evaluate how the addition of Joby Aviation to your portfolios can decrease your overall portfolio volatility.
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Is Joby Aviation'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 Joby Aviation. If investors know Joby 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 Joby Aviation listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.79) | Revenue Per Share 0.002 | Return On Assets (0.23) | Return On Equity (0.47) |
The market value of Joby Aviation is measured differently than its book value, which is the value of Joby that is recorded on the company's balance sheet. Investors also form their own opinion of Joby Aviation's value that differs from its market value or its book value, called intrinsic value, which is Joby Aviation'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 Joby Aviation's market value can be influenced by many factors that don't directly affect Joby Aviation'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 Joby Aviation's value and its price as these two are different measures arrived at by different means. Investors typically determine if Joby Aviation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Joby Aviation'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.