JINS HOLDINGS (Germany) Market Value
| 5F3 Stock | EUR 39.20 0.40 1.03% |
| Symbol | JINS |
JINS HOLDINGS '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 JINS HOLDINGS'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 JINS HOLDINGS.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in JINS HOLDINGS on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding JINS HOLDINGS INC or generate 0.0% return on investment in JINS HOLDINGS over 30 days. JINS HOLDINGS is related to or competes with SK TELECOM, Western Copper, CITIC Telecom, China Communications, CHINA TELECOM, Zijin Mining, and Bank of America. JINS HOLDINGS Inc., through its subsidiaries, engages in the planning, production, distribution, and sale of eyewear and... More
JINS HOLDINGS 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 JINS HOLDINGS'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 JINS HOLDINGS INC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.21 | |||
| Information Ratio | 0.0674 | |||
| Maximum Drawdown | 24.95 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 4.86 |
JINS HOLDINGS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JINS HOLDINGS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JINS HOLDINGS's standard deviation. In reality, there are many statistical measures that can use JINS HOLDINGS historical prices to predict the future JINS HOLDINGS's volatility.| Risk Adjusted Performance | 0.0835 | |||
| Jensen Alpha | 0.3862 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.1017 | |||
| Treynor Ratio | (0.84) |
JINS HOLDINGS INC Backtested Returns
JINS HOLDINGS appears to be not too volatile, given 3 months investment horizon. JINS HOLDINGS INC holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of volatility over the last 3 months. We have found thirty technical indicators for JINS HOLDINGS INC, which you can use to evaluate the volatility of the firm. Please utilize JINS HOLDINGS's risk adjusted performance of 0.0835, and Market Risk Adjusted Performance of (0.83) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, JINS HOLDINGS holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.41, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning JINS HOLDINGS are expected to decrease at a much lower rate. During the bear market, JINS HOLDINGS is likely to outperform the market. Please check JINS HOLDINGS's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether JINS HOLDINGS's current trending patterns will revert.
Auto-correlation | 0.02 |
Virtually no predictability
JINS HOLDINGS INC has virtually no predictability. Overlapping area represents the amount of predictability between JINS HOLDINGS time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of JINS HOLDINGS INC price movement. The serial correlation of 0.02 indicates that only 2.0% of current JINS HOLDINGS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
JINS HOLDINGS INC lagged returns against current returns
Autocorrelation, which is JINS HOLDINGS 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 JINS HOLDINGS's stock expected returns. We can calculate the autocorrelation of JINS HOLDINGS returns to help us make a trade decision. For example, suppose you find that JINS HOLDINGS 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 |
JINS HOLDINGS 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 JINS HOLDINGS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JINS HOLDINGS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JINS HOLDINGS stock over time.
Current vs Lagged Prices |
| Timeline |
JINS HOLDINGS Lagged Returns
When evaluating JINS HOLDINGS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JINS HOLDINGS stock have on its future price. JINS HOLDINGS 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, JINS HOLDINGS autocorrelation shows the relationship between JINS HOLDINGS stock current value and its past values and can show if there is a momentum factor associated with investing in JINS HOLDINGS INC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in JINS Stock
JINS HOLDINGS financial ratios help investors to determine whether JINS 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 JINS with respect to the benefits of owning JINS HOLDINGS security.