JonDeTech Sensors (Sweden) Market Value

JDT Stock   2.70  0.10  3.57%   
JonDeTech Sensors' market value is the price at which a share of JonDeTech Sensors trades on a public exchange. It measures the collective expectations of JonDeTech Sensors investors about its performance. JonDeTech Sensors is selling for under 2.70 as of the 4th of December 2024; that is 3.57 percent down since the beginning of the trading day. The stock's last reported lowest price was 2.64.
With this module, you can estimate the performance of a buy and hold strategy of JonDeTech Sensors and determine expected loss or profit from investing in JonDeTech Sensors over a given investment horizon. Check out JonDeTech Sensors Correlation, JonDeTech Sensors Volatility and JonDeTech Sensors Alpha and Beta module to complement your research on JonDeTech Sensors.
Symbol

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

JonDeTech Sensors '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 JonDeTech Sensors' 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 JonDeTech Sensors.
0.00
06/07/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/04/2024
0.00
If you would invest  0.00  in JonDeTech Sensors on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding JonDeTech Sensors or generate 0.0% return on investment in JonDeTech Sensors over 180 days. JonDeTech Sensors is related to or competes with Ranplan, Divio Technologies, KABE Group, IAR Systems, Mekonomen, Embellence Group, and Norva24 Group. More

JonDeTech Sensors 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 JonDeTech Sensors' 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 JonDeTech Sensors upside and downside potential and time the market with a certain degree of confidence.

JonDeTech Sensors Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for JonDeTech Sensors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JonDeTech Sensors' standard deviation. In reality, there are many statistical measures that can use JonDeTech Sensors historical prices to predict the future JonDeTech Sensors' volatility.
Hype
Prediction
LowEstimatedHigh
0.142.709.18
Details
Intrinsic
Valuation
LowRealHigh
0.132.599.07
Details
Naive
Forecast
LowNextHigh
0.062.809.27
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.412.793.17
Details

JonDeTech Sensors Backtested Returns

JonDeTech Sensors holds Efficiency (Sharpe) Ratio of -0.0503, which attests that the entity had a -0.0503% return per unit of risk over the last 3 months. JonDeTech Sensors exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JonDeTech Sensors' Risk Adjusted Performance of (0.02), market risk adjusted performance of (0.26), and Standard Deviation of 6.52 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.86, which attests to possible diversification benefits within a given portfolio. JonDeTech Sensors returns are very sensitive to returns on the market. As the market goes up or down, JonDeTech Sensors is expected to follow. At this point, JonDeTech Sensors has a negative expected return of -0.33%. Please make sure to check out JonDeTech Sensors' potential upside, as well as the relationship between the daily balance of power and price action indicator , to decide if JonDeTech Sensors performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.68  

Very good reverse predictability

JonDeTech Sensors has very good reverse predictability. Overlapping area represents the amount of predictability between JonDeTech Sensors time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 JonDeTech Sensors price movement. The serial correlation of -0.68 indicates that around 68.0% of current JonDeTech Sensors price fluctuation can be explain by its past prices.
Correlation Coefficient-0.68
Spearman Rank Test-0.61
Residual Average0.0
Price Variance0.72

JonDeTech Sensors lagged returns against current returns

Autocorrelation, which is JonDeTech Sensors 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 JonDeTech Sensors' stock expected returns. We can calculate the autocorrelation of JonDeTech Sensors returns to help us make a trade decision. For example, suppose you find that JonDeTech Sensors 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  

JonDeTech Sensors 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 JonDeTech Sensors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JonDeTech Sensors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JonDeTech Sensors stock over time.
   Current vs Lagged Prices   
       Timeline  

JonDeTech Sensors Lagged Returns

When evaluating JonDeTech Sensors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JonDeTech Sensors stock have on its future price. JonDeTech Sensors 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, JonDeTech Sensors autocorrelation shows the relationship between JonDeTech Sensors stock current value and its past values and can show if there is a momentum factor associated with investing in JonDeTech Sensors.
   Regressed Prices   
       Timeline  

Thematic Opportunities

Explore Investment Opportunities

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Additional Tools for JonDeTech Stock Analysis

When running JonDeTech Sensors' price analysis, check to measure JonDeTech Sensors' 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 JonDeTech Sensors is operating at the current time. Most of JonDeTech Sensors' value examination focuses on studying past and present price action to predict the probability of JonDeTech Sensors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JonDeTech Sensors' price. Additionally, you may evaluate how the addition of JonDeTech Sensors to your portfolios can decrease your overall portfolio volatility.