Japan Petroleum (Germany) Price on May 31, 2023
| JP9 Stock | EUR 6.60 0.05 0.75% |
If you're considering investing in Japan Stock, it is important to understand the factors that can impact its price. As of today, the current price of Japan Petroleum stands at 6.60, as last reported on the 23rd of December, with the highest price reaching 6.60 and the lowest price hitting 6.60 during the day. At this point, Japan Petroleum is somewhat reliable. Japan Petroleum Expl holds Efficiency (Sharpe) Ratio of 0.009, which attests that the entity had a 0.009% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Japan Petroleum Expl, which you can use to evaluate the volatility of the firm. Please check out Japan Petroleum's Downside Deviation of 2.05, risk adjusted performance of 0.0088, and Market Risk Adjusted Performance of 0.0181 to validate if the risk estimate we provide is consistent with the expected return of 0.0164%.
Japan Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Japan |
Sharpe Ratio = 0.009
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Japan Petroleum 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 Japan Petroleum by adding Japan Petroleum to a well-diversified portfolio.
Japan Petroleum Valuation on May 31, 2023
It is possible to determine the worth of Japan Petroleum on a given historical date. On May 31, 2023 Japan was worth 5.48 at the beginning of the trading date compared to the closed value of 5.48. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Japan Petroleum stock. Still, in general, we apply an absolute valuation method to find Japan Petroleum'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 Japan Petroleum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Japan Petroleum's related companies.
| Open | High | Low | Close | Volume | |
| 5.68 | 5.68 | 5.68 | 5.68 | 1.00 | |
05/31/2023 | 5.48 | 5.48 | 5.48 | 5.48 | 1.00 |
| 5.60 | 5.60 | 5.60 | 5.60 | 1.00 |
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Japan Petroleum Trading Date Momentum on May 31, 2023
| On June 01 2023 Japan Petroleum Exploration was traded for 5.60 at the closing time. The highest daily price throughout the period was 5.60 and the lowest price was 5.60 . There was no trading activity during the period 1.0. Lack of trading volume on 06/01/2023 added to the next day price rise. The trading delta at closing time to closing price of the next trading day was 2.19% . The trading delta at closing time to current closing price is 4.38% . |
Japan Petroleum Expl Fundamentals Correlations and Trends
By evaluating Japan Petroleum'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 Japan Petroleum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Japan financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Japan Petroleum Stock history
Japan Petroleum 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 Japan is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Japan Petroleum Expl 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 Japan Petroleum stock prices may prove useful in developing a viable investing in Japan Petroleum
Japan Petroleum Exploration Co., Ltd. engages in the exploration, development, production, transportation, and sale of oil, natural gas, and other energy resources in Japan and internationally. The company was founded in 1955 and is headquartered in Tokyo, Japan. JAPAN PETROLEUM operates under Oil Gas EP classification in Germany and is traded on Frankfurt Stock Exchange. It employs 1780 people.
Japan Petroleum Stock Technical Analysis
Japan Petroleum 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
Japan Petroleum Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Japan Petroleum Exploration cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Japan Petroleum December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Japan Petroleum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Japan Petroleum shares will generate the highest return on investment. By undertsting and applying Japan Petroleum stock market strength indicators, traders can identify Japan Petroleum Exploration entry and exit signals to maximize returns
Japan Petroleum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Japan Petroleum's price direction in advance. Along with the technical and fundamental analysis of Japan Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Japan 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 | 0.0088 | |||
| Jensen Alpha | 0.0053 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0081 |
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| Math Transform | ||
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| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Japan Stock analysis
When running Japan Petroleum's price analysis, check to measure Japan Petroleum'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 Japan Petroleum is operating at the current time. Most of Japan Petroleum's value examination focuses on studying past and present price action to predict the probability of Japan Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Japan Petroleum's price. Additionally, you may evaluate how the addition of Japan Petroleum to your portfolios can decrease your overall portfolio volatility.
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