Groupe JAJ (France) Market Value
| GJAJ Stock | EUR 0.98 0.13 15.29% |
| Symbol | Groupe |
Groupe JAJ '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 Groupe JAJ'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 Groupe JAJ.
| 12/26/2022 |
| 12/15/2024 |
If you would invest 0.00 in Groupe JAJ on December 26, 2022 and sell it all today you would earn a total of 0.00 from holding Groupe JAJ or generate 0.0% return on investment in Groupe JAJ over 720 days. Groupe JAJ is related to or competes with Centrale DAchat, Les Htels, Barbara Bui, and EPC Groupe. Groupe JAJ engages in the distribution of clothing, shoes, and accessories More
Groupe JAJ 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 Groupe JAJ'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 Groupe JAJ upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.25 | |||
| Information Ratio | 0.019 | |||
| Maximum Drawdown | 63.93 | |||
| Value At Risk | (14.81) | |||
| Potential Upside | 18.09 |
Groupe JAJ Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Groupe JAJ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Groupe JAJ's standard deviation. In reality, there are many statistical measures that can use Groupe JAJ historical prices to predict the future Groupe JAJ's volatility.| Risk Adjusted Performance | 0.0303 | |||
| Jensen Alpha | 0.2904 | |||
| Total Risk Alpha | (0.97) | |||
| Sortino Ratio | 0.009 | |||
| Treynor Ratio | (2.54) |
Groupe JAJ Backtested Returns
Groupe JAJ appears to be out of control, given 3 months investment horizon. Groupe JAJ holds Efficiency (Sharpe) Ratio of 0.0289, which attests that the entity had a 0.0289% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Groupe JAJ, which you can use to evaluate the volatility of the firm. Please utilize Groupe JAJ's Risk Adjusted Performance of 0.0303, market risk adjusted performance of (2.53), and Downside Deviation of 21.25 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Groupe JAJ holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of -0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Groupe JAJ are expected to decrease at a much lower rate. During the bear market, Groupe JAJ is likely to outperform the market. Please check Groupe JAJ's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Groupe JAJ's current trending patterns will revert.
Auto-correlation | 0.53 |
Modest predictability
Groupe JAJ has modest predictability. Overlapping area represents the amount of predictability between Groupe JAJ time series from 26th of December 2022 to 21st of December 2023 and 21st of December 2023 to 15th 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 Groupe JAJ price movement. The serial correlation of 0.53 indicates that about 53.0% of current Groupe JAJ price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Groupe JAJ lagged returns against current returns
Autocorrelation, which is Groupe JAJ 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 Groupe JAJ's stock expected returns. We can calculate the autocorrelation of Groupe JAJ returns to help us make a trade decision. For example, suppose you find that Groupe JAJ 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 |
Groupe JAJ 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 Groupe JAJ stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Groupe JAJ stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Groupe JAJ stock over time.
Current vs Lagged Prices |
| Timeline |
Groupe JAJ Lagged Returns
When evaluating Groupe JAJ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Groupe JAJ stock have on its future price. Groupe JAJ 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, Groupe JAJ autocorrelation shows the relationship between Groupe JAJ stock current value and its past values and can show if there is a momentum factor associated with investing in Groupe JAJ.
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 Groupe Stock
Groupe JAJ financial ratios help investors to determine whether Groupe 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 Groupe with respect to the benefits of owning Groupe JAJ security.