Jumia Technologies Stock Forecast - Accumulation Distribution
| JMIA Stock | USD 3.90 0.08 2.01% |
Jumia Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Jumia Technologies stock prices and determine the direction of Jumia Technologies AG's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Jumia Technologies' historical fundamentals, such as revenue growth or operating cash flow patterns.
Jumia |
| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 256770.0 | 57504.08 |
| Check Jumia Technologies Volatility | Backtest Jumia Technologies | Trend Details |
Jumia Technologies Trading Date Momentum
| On October 15 2024 Jumia Technologies AG was traded for 5.06 at the closing time. The top price for the day was 5.27 and the lowest listed price was 4.94 . The trading volume for the day was 2.3 M. The trading history from October 15, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.98% . The trading delta at closing time against the current closing price is 8.73% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Jumia Technologies to competition |
Other Forecasting Options for Jumia Technologies
For every potential investor in Jumia, whether a beginner or expert, Jumia Technologies' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Jumia Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Jumia. Basic forecasting techniques help filter out the noise by identifying Jumia Technologies' price trends.Jumia Technologies Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Jumia Technologies stock to make a market-neutral strategy. Peer analysis of Jumia Technologies could also be used in its relative valuation, which is a method of valuing Jumia Technologies by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Jumia Technologies Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Jumia Technologies' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Jumia Technologies' current price.| Cycle Indicators | ||
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Jumia Technologies Market Strength Events
Market strength indicators help investors to evaluate how Jumia Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jumia Technologies shares will generate the highest return on investment. By undertsting and applying Jumia Technologies stock market strength indicators, traders can identify Jumia Technologies AG entry and exit signals to maximize returns.
| Accumulation Distribution | 56872.24 | |||
| Daily Balance Of Power | (0.53) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 3.97 | |||
| Day Typical Price | 3.94 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | (0.08) | |||
| Relative Strength Index | 25.66 |
Jumia Technologies Risk Indicators
The analysis of Jumia Technologies' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Jumia Technologies' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting jumia stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.21 | |||
| Standard Deviation | 4.39 | |||
| Variance | 19.3 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Jumia Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jumia Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jumia Technologies Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jumia Technologies Ag Stock:Check out Historical Fundamental Analysis of Jumia Technologies to cross-verify your projections. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Broadline Retail space 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 Jumia Technologies. If investors know Jumia 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 Jumia Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.81) | Revenue Per Share 1.847 | Quarterly Revenue Growth (0.13) | Return On Assets (0.15) | Return On Equity (1.02) |
The market value of Jumia Technologies is measured differently than its book value, which is the value of Jumia that is recorded on the company's balance sheet. Investors also form their own opinion of Jumia Technologies' value that differs from its market value or its book value, called intrinsic value, which is Jumia Technologies' 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 Jumia Technologies' market value can be influenced by many factors that don't directly affect Jumia Technologies' 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 Jumia Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jumia Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jumia Technologies' 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.