Jay Mart (Thailand) Market Value
| JMART Stock | THB 14.10 0.20 1.44% |
| Symbol | Jay |
Jay Mart '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 Jay Mart'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 Jay Mart.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Jay Mart on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Jay Mart Public or generate 0.0% return on investment in Jay Mart over 540 days. Jay Mart is related to or competes with AP Public, Jasmine International, Asia Plus, Bangchak Public, and Bangkok Aviation. Jay Mart Public Company Limited, through its subsidiaries, engages in the wholesale and retail of mobile phones and rela... More
Jay Mart 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 Jay Mart'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 Jay Mart Public upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 11.71 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 3.75 |
Jay Mart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jay Mart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jay Mart's standard deviation. In reality, there are many statistical measures that can use Jay Mart historical prices to predict the future Jay Mart's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 0.2634 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jay Mart'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.
Jay Mart Public Backtested Returns
Jay Mart Public holds Efficiency (Sharpe) Ratio of -0.0563, which attests that the entity had a -0.0563% return per unit of risk over the last 3 months. Jay Mart Public exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jay Mart's Market Risk Adjusted Performance of 0.2734, standard deviation of 2.56, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.74, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jay Mart are expected to decrease at a much lower rate. During the bear market, Jay Mart is likely to outperform the market. At this point, Jay Mart Public has a negative expected return of -0.14%. Please make sure to check out Jay Mart's potential upside and day median price , to decide if Jay Mart Public performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.32 |
Poor reverse predictability
Jay Mart Public has poor reverse predictability. Overlapping area represents the amount of predictability between Jay Mart time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Jay Mart Public price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Jay Mart price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 2.1 |
Jay Mart Public lagged returns against current returns
Autocorrelation, which is Jay Mart 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 Jay Mart's stock expected returns. We can calculate the autocorrelation of Jay Mart returns to help us make a trade decision. For example, suppose you find that Jay Mart 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 |
Jay Mart 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 Jay Mart stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jay Mart stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jay Mart stock over time.
Current vs Lagged Prices |
| Timeline |
Jay Mart Lagged Returns
When evaluating Jay Mart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jay Mart stock have on its future price. Jay Mart 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, Jay Mart autocorrelation shows the relationship between Jay Mart stock current value and its past values and can show if there is a momentum factor associated with investing in Jay Mart Public.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Jay Stock
Jay Mart financial ratios help investors to determine whether Jay 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 Jay with respect to the benefits of owning Jay Mart security.