Jse Limited Stock Price on June 10, 2024
JSEJF Stock | USD 6.65 0.00 0.00% |
If you're considering investing in JSE Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of JSE stands at 6.65, as last reported on the 26th of December, with the highest price reaching 6.65 and the lowest price hitting 6.65 during the day. JSE appears to be somewhat reliable, given 3 months investment horizon. JSE Limited holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of return volatility over the last 3 months. We have found sixteen technical indicators for JSE Limited, which you can use to evaluate the volatility of the firm. Please utilize JSE's Risk Adjusted Performance of 0.0965, market risk adjusted performance of 0.7231, and Coefficient Of Variation of 895.34 to validate if our risk estimates are consistent with your expectations.
JSE Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
JSE |
Sharpe Ratio = 0.1143
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | JSEJF | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
2.97 actual daily | 26 74% of assets are more volatile |
Expected Return
0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
0.11 actual daily | 9 91% of assets perform better |
Based on monthly moving average JSE is performing at about 9% of its full potential. 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 JSE by adding it to a well-diversified portfolio.
JSE Valuation on June 10, 2024
It is possible to determine the worth of JSE on a given historical date. On June 10, 2024 JSE was worth 5.2 at the beginning of the trading date compared to the closed value of 5.2. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JSE pink sheet. Still, in general, we apply an absolute valuation method to find JSE'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 JSE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JSE's related companies.
Open | High | Low | Close | Volume | |
5.20 | 5.20 | 5.20 | 5.20 | 1.00 | |
06/10/2024 | 5.20 | 5.20 | 5.20 | 5.20 | 1.00 |
5.20 | 5.20 | 5.20 | 5.20 | 1.00 |
Backtest JSE | | | JSE History | | | JSE Valuation | Previous | Next |
JSE Trading Date Momentum on June 10, 2024
On June 11 2024 JSE Limited was traded for 5.20 at the closing time. The highest daily price throughout the period was 5.20 and the lowest price was 5.20 . There was no trading activity during the period 1.0. Lack of trading volume on 06/11/2024 did not cause price change. The trading delta at closing time to current closing price is 0.00% . |
JSE Limited Fundamentals Correlations and Trends
By evaluating JSE'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 JSE's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. JSE financial account trend analysis is a perfect complement when working with valuation or volatility modules.About JSE Pink Sheet history
JSE 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 JSE is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in JSE Limited 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 JSE stock prices may prove useful in developing a viable investing in JSE
JSE Limited operates as a securities exchange in South Africa. JSE Limited was incorporated in 1887 and is based in Johannesburg, South Africa. JSE operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange.
JSE Pink Sheet Technical Analysis
JSE technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
JSE Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
JSE Limited cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
JSE December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how JSE pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JSE shares will generate the highest return on investment. By undertsting and applying JSE pink sheet market strength indicators, traders can identify JSE Limited entry and exit signals to maximize returns
JSE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JSE's price direction in advance. Along with the technical and fundamental analysis of JSE Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of JSE 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 | 0.0965 | |||
Jensen Alpha | 0.2988 | |||
Total Risk Alpha | 0.1881 | |||
Treynor Ratio | 0.7131 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for JSE Pink Sheet analysis
When running JSE's price analysis, check to measure JSE'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 JSE is operating at the current time. Most of JSE's value examination focuses on studying past and present price action to predict the probability of JSE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JSE's price. Additionally, you may evaluate how the addition of JSE to your portfolios can decrease your overall portfolio volatility.
Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing |