Jinli Group (Taiwan) Market Value

8429 Stock  TWD 10.80  0.05  0.47%   
Jinli Group's market value is the price at which a share of Jinli Group trades on a public exchange. It measures the collective expectations of Jinli Group Holdings investors about its performance. Jinli Group is selling for under 10.80 as of the 5th of March 2025; that is 0.47 percent increase since the beginning of the trading day. The stock's lowest day price was 10.45.
With this module, you can estimate the performance of a buy and hold strategy of Jinli Group Holdings and determine expected loss or profit from investing in Jinli Group over a given investment horizon. Check out Jinli Group Correlation, Jinli Group Volatility and Jinli Group Alpha and Beta module to complement your research on Jinli Group.
Symbol

Please note, there is a significant difference between Jinli Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jinli Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jinli Group'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.

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.
0.00
02/03/2025
No Change 0.00  0.0 
In 30 days
03/05/2025
0.00
If you would invest  0.00  in Jinli Group on February 3, 2025 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 30 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.

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.
Hype
Prediction
LowEstimatedHigh
8.4010.8013.20
Details
Intrinsic
Valuation
LowRealHigh
7.139.5311.93
Details
Naive
Forecast
LowNextHigh
8.0510.4512.85
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.9811.3213.65
Details

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 Market Risk Adjusted Performance of 0.2726, risk adjusted performance of (0.02), and Standard Deviation of 2.53 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.43, which attests to possible diversification benefits within a given portfolio. 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 -0.35%. 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

    
  -0.41  

Modest reverse predictability

Jinli Group Holdings has modest reverse predictability. Overlapping area represents the amount of predictability between Jinli Group time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th 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 -0.41 indicates that just about 41.0% of current Jinli Group price fluctuation can be explain by its past prices.
Correlation Coefficient-0.41
Spearman Rank Test-0.28
Residual Average0.0
Price Variance0.01

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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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.