Jacob Finance (Israel) Market Value
| JCFN Stock | 2,050 18.00 0.87% |
| Symbol | Jacob |
Jacob Finance '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 Jacob Finance'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 Jacob Finance.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Jacob Finance on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Jacob Finance And or generate 0.0% return on investment in Jacob Finance over 30 days. Jacob Finance is related to or competes with Hiron Trade, Adgar Investments, Suny Cellular, Oron Group, YD More, Meitav Dash, and Arad Investment. More
Jacob Finance 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 Jacob Finance'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 Jacob Finance And upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | 0.1908 | |||
| Maximum Drawdown | 9.79 | |||
| Value At Risk | (3.48) | |||
| Potential Upside | 3.61 |
Jacob Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jacob Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jacob Finance's standard deviation. In reality, there are many statistical measures that can use Jacob Finance historical prices to predict the future Jacob Finance's volatility.| Risk Adjusted Performance | 0.1989 | |||
| Jensen Alpha | 0.524 | |||
| Total Risk Alpha | 0.1985 | |||
| Sortino Ratio | 0.1622 | |||
| Treynor Ratio | (4.24) |
Jacob Finance And Backtested Returns
Jacob Finance appears to be very steady, given 3 months investment horizon. Jacob Finance And 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. We have found thirty technical indicators for Jacob Finance And, which you can use to evaluate the volatility of the firm. Please utilize Jacob Finance's Downside Deviation of 2.43, market risk adjusted performance of (4.23), and Risk Adjusted Performance of 0.1989 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jacob Finance holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jacob Finance are expected to decrease at a much lower rate. During the bear market, Jacob Finance is likely to outperform the market. Please check Jacob Finance's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Jacob Finance's current trending patterns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
Jacob Finance And has good reverse predictability. Overlapping area represents the amount of predictability between Jacob Finance time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Jacob Finance And price movement. The serial correlation of -0.54 indicates that about 54.0% of current Jacob Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 1525.61 |
Jacob Finance And lagged returns against current returns
Autocorrelation, which is Jacob Finance 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 Jacob Finance's stock expected returns. We can calculate the autocorrelation of Jacob Finance returns to help us make a trade decision. For example, suppose you find that Jacob Finance 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 |
Jacob Finance 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 Jacob Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jacob Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jacob Finance stock over time.
Current vs Lagged Prices |
| Timeline |
Jacob Finance Lagged Returns
When evaluating Jacob Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jacob Finance stock have on its future price. Jacob Finance 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, Jacob Finance autocorrelation shows the relationship between Jacob Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Jacob Finance And.
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 Jacob Stock
Jacob Finance financial ratios help investors to determine whether Jacob 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 Jacob with respect to the benefits of owning Jacob Finance security.