Jantsa Jant (Turkey) Market Value
| JANTS Stock | TRY 26.42 0.04 0.15% |
| Symbol | Jantsa |
Jantsa Jant '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 Jantsa Jant'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 Jantsa Jant.
| 11/06/2024 |
| 01/05/2025 |
If you would invest 0.00 in Jantsa Jant on November 6, 2024 and sell it all today you would earn a total of 0.00 from holding Jantsa Jant Sanayi or generate 0.0% return on investment in Jantsa Jant over 60 days. Jantsa Jant is related to or competes with Akcansa Cimento, Mackolik Internet, Galatasaray Sportif, Gentas Genel, ICBC Turkey, and Politeknik Metal. Jantsa Jant Sanayi ve Ticaret A.S. manufactures and sells vehicle wheels primarily in Turkey More
Jantsa Jant 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 Jantsa Jant'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 Jantsa Jant Sanayi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 14.82 | |||
| Value At Risk | (2.93) | |||
| Potential Upside | 2.25 |
Jantsa Jant Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jantsa Jant's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jantsa Jant's standard deviation. In reality, there are many statistical measures that can use Jantsa Jant historical prices to predict the future Jantsa Jant's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (1.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jantsa Jant's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jantsa Jant Sanayi Backtested Returns
Jantsa Jant Sanayi holds Efficiency (Sharpe) Ratio of -0.0529, which attests that the entity had a -0.0529% return per unit of risk over the last 3 months. Jantsa Jant Sanayi exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jantsa Jant's Market Risk Adjusted Performance of (1.22), standard deviation of 2.03, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0953, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jantsa Jant's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jantsa Jant is expected to be smaller as well. At this point, Jantsa Jant Sanayi has a negative expected return of -0.11%. Please make sure to check out Jantsa Jant's jensen alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Jantsa Jant Sanayi performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Jantsa Jant Sanayi has virtually no predictability. Overlapping area represents the amount of predictability between Jantsa Jant time series from 6th of November 2024 to 6th of December 2024 and 6th of December 2024 to 5th of January 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 Jantsa Jant Sanayi price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Jantsa Jant price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Jantsa Jant Sanayi lagged returns against current returns
Autocorrelation, which is Jantsa Jant 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 Jantsa Jant's stock expected returns. We can calculate the autocorrelation of Jantsa Jant returns to help us make a trade decision. For example, suppose you find that Jantsa Jant 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 |
Jantsa Jant 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 Jantsa Jant stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jantsa Jant stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jantsa Jant stock over time.
Current vs Lagged Prices |
| Timeline |
Jantsa Jant Lagged Returns
When evaluating Jantsa Jant's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jantsa Jant stock have on its future price. Jantsa Jant 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, Jantsa Jant autocorrelation shows the relationship between Jantsa Jant stock current value and its past values and can show if there is a momentum factor associated with investing in Jantsa Jant Sanayi.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Jantsa Stock
Jantsa Jant financial ratios help investors to determine whether Jantsa 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 Jantsa with respect to the benefits of owning Jantsa Jant security.