Jafron Biomedical (China) Market Value
| 300529 Stock | 25.74 0.67 2.67% |
| Symbol | Jafron |
Jafron Biomedical '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 Jafron Biomedical'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 Jafron Biomedical.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Jafron Biomedical on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Jafron Biomedical Co or generate 0.0% return on investment in Jafron Biomedical over 90 days. Jafron Biomedical is related to or competes with Shaanxi Broadcast, Sichuan Fulin, Guizhou BroadcastingTV, Sharetronic Data, Chengdu Xinzhu, HUAQIN TECHNOLOGY, and Hubei Xingfa. Jafron Biomedical is entity of China. It is traded as Stock on SHE exchange. More
Jafron Biomedical 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 Jafron Biomedical'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 Jafron Biomedical Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.86 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 2.67 |
Jafron Biomedical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jafron Biomedical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jafron Biomedical's standard deviation. In reality, there are many statistical measures that can use Jafron Biomedical historical prices to predict the future Jafron Biomedical's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 5.29 |
Jafron Biomedical Backtested Returns
Jafron Biomedical holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14 % return per unit of risk over the last 3 months. Jafron Biomedical exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jafron Biomedical's Market Risk Adjusted Performance of 5.3, standard deviation of 1.73, and Risk Adjusted Performance of (0.10) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0415, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jafron Biomedical are expected to decrease at a much lower rate. During the bear market, Jafron Biomedical is likely to outperform the market. At this point, Jafron Biomedical has a negative expected return of -0.24%. Please make sure to check out Jafron Biomedical's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Jafron Biomedical performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.49 |
Average predictability
Jafron Biomedical Co has average predictability. Overlapping area represents the amount of predictability between Jafron Biomedical time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Jafron Biomedical price movement. The serial correlation of 0.49 indicates that about 49.0% of current Jafron Biomedical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Jafron Biomedical lagged returns against current returns
Autocorrelation, which is Jafron Biomedical 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 Jafron Biomedical's stock expected returns. We can calculate the autocorrelation of Jafron Biomedical returns to help us make a trade decision. For example, suppose you find that Jafron Biomedical 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 |
Jafron Biomedical 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 Jafron Biomedical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jafron Biomedical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jafron Biomedical stock over time.
Current vs Lagged Prices |
| Timeline |
Jafron Biomedical Lagged Returns
When evaluating Jafron Biomedical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jafron Biomedical stock have on its future price. Jafron Biomedical 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, Jafron Biomedical autocorrelation shows the relationship between Jafron Biomedical stock current value and its past values and can show if there is a momentum factor associated with investing in Jafron Biomedical Co.
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.Other Information on Investing in Jafron Stock
Jafron Biomedical financial ratios help investors to determine whether Jafron Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jafron with respect to the benefits of owning Jafron Biomedical security.