Jardine Cycle Carriage Stock Market Value
| JCYCF Stock | USD 21.25 0.00 0.00% |
| Symbol | Jardine |
Jardine Cycle '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 Jardine Cycle's pink sheet 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 Jardine Cycle.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Jardine Cycle on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Jardine Cycle Carriage or generate 0.0% return on investment in Jardine Cycle over 90 days. Jardine Cycle is related to or competes with CK Hutchison, CK Hutchison, 3M, Honeywell International, MDU Resources, Compass Diversified, and Valmont Industries. Jardine Cycle Carriage Limited, an investment holding company, engages in the automotive, financial services, heavy equi... More
Jardine Cycle 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 Jardine Cycle's pink sheet 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 Jardine Cycle Carriage upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2465 | |||
| Maximum Drawdown | 7.69 |
Jardine Cycle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jardine Cycle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jardine Cycle's standard deviation. In reality, there are many statistical measures that can use Jardine Cycle historical prices to predict the future Jardine Cycle's volatility.| Risk Adjusted Performance | 0.1299 | |||
| Jensen Alpha | 0.1358 | |||
| Total Risk Alpha | 0.2636 | |||
| Treynor Ratio | (6.61) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jardine Cycle'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.
Jardine Cycle Carriage Backtested Returns
At this point, Jardine Cycle is very steady. Jardine Cycle Carriage 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 sixteen technical indicators for Jardine Cycle Carriage, which you can use to evaluate the volatility of the firm. Please check out Jardine Cycle's Risk Adjusted Performance of 0.1299, market risk adjusted performance of (6.60), and Standard Deviation of 1.0 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Jardine Cycle has a performance score of 11 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0209, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jardine Cycle are expected to decrease at a much lower rate. During the bear market, Jardine Cycle is likely to outperform the market. Jardine Cycle Carriage right now retains a risk of 1.0%. Please check out Jardine Cycle treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Jardine Cycle will be following its current trending patterns.
Auto-correlation | 0.13 |
Insignificant predictability
Jardine Cycle Carriage has insignificant predictability. Overlapping area represents the amount of predictability between Jardine Cycle 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 Jardine Cycle Carriage price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Jardine Cycle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jardine Cycle Carriage lagged returns against current returns
Autocorrelation, which is Jardine Cycle pink sheet'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 Jardine Cycle's pink sheet expected returns. We can calculate the autocorrelation of Jardine Cycle returns to help us make a trade decision. For example, suppose you find that Jardine Cycle has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Jardine Cycle 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 Jardine Cycle pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jardine Cycle pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jardine Cycle pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Jardine Cycle Lagged Returns
When evaluating Jardine Cycle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jardine Cycle pink sheet have on its future price. Jardine Cycle 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, Jardine Cycle autocorrelation shows the relationship between Jardine Cycle pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Jardine Cycle Carriage.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jardine Pink Sheet
Jardine Cycle financial ratios help investors to determine whether Jardine Pink Sheet 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 Jardine with respect to the benefits of owning Jardine Cycle security.