Jinli Group (Taiwan) Market Value
| 8429 Stock | TWD 10.75 0.65 6.44% |
| Symbol | Jinli |
Jinli Group '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 Jinli Group'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 Jinli Group.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Jinli Group on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Jinli Group Holdings or generate 0.0% return on investment in Jinli Group over 90 days. Jinli Group is related to or competes with Shui Mu, Les Enphants, Victory New, Shinih Enterprise, and Kingcan Holdings. Jinli Group Holdings Limited designs, produces, and sells casual and sports footwear in China More
Jinli Group 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 Jinli Group'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 Jinli Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 12.0 | |||
| Value At Risk | (4.96) | |||
| Potential Upside | 3.36 |
Jinli Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jinli Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jinli Group's standard deviation. In reality, there are many statistical measures that can use Jinli Group historical prices to predict the future Jinli Group's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | 0.0458 | |||
| Treynor Ratio | 2.07 |
Jinli Group Holdings Backtested Returns
Jinli Group Holdings holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15 % return per unit of risk over the last 3 months. Jinli Group Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jinli Group's Standard Deviation of 2.36, market risk adjusted performance of 2.08, and Risk Adjusted Performance of (0.12) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jinli Group are expected to decrease at a much lower rate. During the bear market, Jinli Group is likely to outperform the market. At this point, Jinli Group Holdings has a negative expected return of -0.33%. Please make sure to check out Jinli Group's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Jinli Group Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.31 |
Poor reverse predictability
Jinli Group Holdings has poor reverse predictability. Overlapping area represents the amount of predictability between Jinli Group time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Jinli Group Holdings price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Jinli Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Jinli Group Holdings lagged returns against current returns
Autocorrelation, which is Jinli Group 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 Jinli Group's stock expected returns. We can calculate the autocorrelation of Jinli Group returns to help us make a trade decision. For example, suppose you find that Jinli Group 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 |
Jinli Group 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 Jinli Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jinli Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jinli Group stock over time.
Current vs Lagged Prices |
| Timeline |
Jinli Group Lagged Returns
When evaluating Jinli Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jinli Group stock have on its future price. Jinli Group 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, Jinli Group autocorrelation shows the relationship between Jinli Group stock current value and its past values and can show if there is a momentum factor associated with investing in Jinli Group Holdings.
Regressed Prices |
| Timeline |
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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.Additional Tools for Jinli Stock Analysis
When running Jinli Group's price analysis, check to measure Jinli Group'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 Jinli Group is operating at the current time. Most of Jinli Group's value examination focuses on studying past and present price action to predict the probability of Jinli Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jinli Group's price. Additionally, you may evaluate how the addition of Jinli Group to your portfolios can decrease your overall portfolio volatility.