Jetai Inc Stock Price on October 1, 2024
| JTAI Stock | 5.28 0.32 5.71% |
If you're considering investing in JetAI Stock, it is important to understand the factors that can impact its price. As of today, the current price of JetAI stands at 5.28, as last reported on the 28th of November, with the highest price reaching 5.67 and the lowest price hitting 5.21 during the day. JetAI Inc holds Efficiency (Sharpe) Ratio of -0.24, which attests that the entity had a -0.24% return per unit of risk over the last 3 months. JetAI Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JetAI's Standard Deviation of 9.77, risk adjusted performance of (0.20), and Market Risk Adjusted Performance of (0.98) to validate the risk estimate we provide.
As of now, JetAI's Stock Based Compensation is decreasing as compared to previous years. . The current Price To Sales Ratio is estimated to decrease to 159.43. The current Price Earnings Ratio is estimated to decrease to -170.6. JetAI Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JetAI |
Sharpe Ratio = -0.243
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Estimated Market Risk
| 9.86 actual daily | 87 87% of assets are less volatile |
Expected Return
| -2.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.24 actual daily | 0 Most of other assets perform better |
Based on monthly moving average JetAI 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 JetAI by adding JetAI to a well-diversified portfolio.
Enterprise Value Ebitda (0.73) | Price Sales 0.3062 | Shares Float 68.1 K | Wall Street Target Price 20 | Earnings Share (191.17) |
JetAI Valuation on October 1, 2024
It is possible to determine the worth of JetAI on a given historical date. On October 1, 2024 JetAI was worth 23.63 at the beginning of the trading date compared to the closed value of 20.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JetAI stock. Still, in general, we apply an absolute valuation method to find JetAI's 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 JetAI where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JetAI's related companies.
| Open | High | Low | Close | Volume | |
| 22.50 | 24.75 | 22.50 | 24.30 | 5,932 | |
10/01/2024 | 23.63 | 24.30 | 20.03 | 20.48 | 10,010 |
| 21.15 | 21.15 | 17.77 | 20.93 | 10,257 |
| Backtest JetAI | | | JetAI History | | | JetAI Valuation | Previous | Next |
JetAI Trading Date Momentum on October 1, 2024
| On October 02 2024 JetAI Inc was traded for 20.93 at the closing time. The top price for the day was 21.15 and the lowest listed price was 17.77 . The trading volume for the day was 10.3 K. The trading history from October 2, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 2.20% . The trading delta at closing time against the current closing price is 15.38% . |
JetAI Inc Fundamentals Correlations and Trends
By evaluating JetAI's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among JetAI's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JetAI financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JetAI Stock history
JetAI 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 JetAI is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JetAI Inc 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 JetAI stock prices may prove useful in developing a viable investing in JetAI
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 9.2 M | 9.8 M | |
| Net Loss | -7 M | -7.3 M |
JetAI Stock Technical Analysis
JetAI 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
JetAI Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
JetAI Inc cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
JetAI November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how JetAI stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JetAI shares will generate the highest return on investment. By undertsting and applying JetAI stock market strength indicators, traders can identify JetAI Inc entry and exit signals to maximize returns
JetAI Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JetAI's price direction in advance. Along with the technical and fundamental analysis of JetAI Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JetAI 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 | (0.20) | |||
| Jensen Alpha | (2.96) | |||
| Total Risk Alpha | (4.12) | |||
| Treynor Ratio | (0.99) |
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Complementary Tools for JetAI Stock analysis
When running JetAI's price analysis, check to measure JetAI'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 JetAI is operating at the current time. Most of JetAI's value examination focuses on studying past and present price action to predict the probability of JetAI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JetAI's price. Additionally, you may evaluate how the addition of JetAI to your portfolios can decrease your overall portfolio volatility.
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