Jenn Feng's market value is the price at which a share of Jenn Feng trades on a public exchange. It measures the collective expectations of Jenn Feng New investors about its performance. Jenn Feng is selling for under 28.00 as of the 5th of January 2025; that is 1.93 percent decrease since the beginning of the trading day. The stock's lowest day price was 27.0. With this module, you can estimate the performance of a buy and hold strategy of Jenn Feng New and determine expected loss or profit from investing in Jenn Feng over a given investment horizon. Check out Jenn Feng Correlation, Jenn Feng Volatility and Jenn Feng Alpha and Beta module to complement your research on Jenn Feng.
Please note, there is a significant difference between Jenn Feng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jenn Feng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jenn Feng'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.
Jenn Feng 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Jenn Feng's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Jenn Feng.
0.00
01/16/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/05/2025
0.00
If you would invest 0.00 in Jenn Feng on January 16, 2023 and sell it all today you would earn a total of 0.00 from holding Jenn Feng New or generate 0.0% return on investment in Jenn Feng over 720 days. Jenn Feng is related to or competes with Basso Industry, Kaulin Mfg, TYC Brother, Chung Hsin, and Kinik. Jenn Feng New Energy Co., Ltd. designs, manufactures, and sells power tools, HID lights, LED lights, solar modules, and ... More
Jenn Feng Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Jenn Feng's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Jenn Feng New upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jenn Feng's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jenn Feng's standard deviation. In reality, there are many statistical measures that can use Jenn Feng historical prices to predict the future Jenn Feng's volatility.
Jenn Feng appears to be somewhat reliable, given 3 months investment horizon. Jenn Feng New holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. By evaluating Jenn Feng's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please utilize Jenn Feng's Downside Deviation of 2.38, risk adjusted performance of 0.0947, and Market Risk Adjusted Performance of (1.98) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jenn Feng holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of -0.45, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jenn Feng are expected to decrease at a much lower rate. During the bear market, Jenn Feng is likely to outperform the market. Please check Jenn Feng's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether Jenn Feng's current trending patterns will revert.
Auto-correlation
0.28
Poor predictability
Jenn Feng New has poor predictability. Overlapping area represents the amount of predictability between Jenn Feng time series from 16th of January 2023 to 11th of January 2024 and 11th of January 2024 to 5th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Jenn Feng New price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current Jenn Feng price fluctuation can be explain by its past prices.
Correlation Coefficient
0.28
Spearman Rank Test
-0.16
Residual Average
0.0
Price Variance
10.09
Jenn Feng New lagged returns against current returns
Autocorrelation, which is Jenn Feng stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Jenn Feng's stock expected returns. We can calculate the autocorrelation of Jenn Feng returns to help us make a trade decision. For example, suppose you find that Jenn Feng has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values
Timeline
Jenn Feng regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Jenn Feng stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jenn Feng stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jenn Feng stock over time.
Current vs Lagged Prices
Timeline
Jenn Feng Lagged Returns
When evaluating Jenn Feng's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jenn Feng stock have on its future price. Jenn Feng autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Jenn Feng autocorrelation shows the relationship between Jenn Feng stock current value and its past values and can show if there is a momentum factor associated with investing in Jenn Feng New.
Regressed Prices
Timeline
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 running Jenn Feng's price analysis, check to measure Jenn Feng'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 Jenn Feng is operating at the current time. Most of Jenn Feng's value examination focuses on studying past and present price action to predict the probability of Jenn Feng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jenn Feng's price. Additionally, you may evaluate how the addition of Jenn Feng to your portfolios can decrease your overall portfolio volatility.