JM Financial (India) Market Value
| JMFINANCIL | 136.49 0.41 0.30% |
| Symbol | JMFINANCIL |
JM Financial '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 JM Financial'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 JM Financial.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in JM Financial on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding JM Financial Limited or generate 0.0% return on investment in JM Financial over 30 days. JM Financial is related to or competes with Nalwa Sons, Kalyani Investment, Pilani Investment, Vardhman Holdings, and Summit Securities. JM Financial is entity of India. It is traded as Stock on NSE exchange. More
JM Financial 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 JM Financial'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 JM Financial Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.38 | |||
| Information Ratio | 0.1072 | |||
| Maximum Drawdown | 19.66 | |||
| Value At Risk | (4.83) | |||
| Potential Upside | 5.42 |
JM Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JM Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JM Financial's standard deviation. In reality, there are many statistical measures that can use JM Financial historical prices to predict the future JM Financial's volatility.| Risk Adjusted Performance | 0.1208 | |||
| Jensen Alpha | 0.4505 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1071 | |||
| Treynor Ratio | 1.57 |
JM Financial Limited Backtested Returns
JM Financial appears to be very steady, given 3 months investment horizon. JM Financial Limited retains Efficiency (Sharpe Ratio) of 0.12, which attests that the entity had a 0.12% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for JM Financial, which you can use to evaluate the volatility of the firm. Please utilize JM Financial's Semi Deviation of 3.12, standard deviation of 3.38, and Market Risk Adjusted Performance of 1.58 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, JM Financial holds a performance score of 9. The company owns a Beta (Systematic Risk) of 0.31, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, JM Financial's returns are expected to increase less than the market. However, during the bear market, the loss of holding JM Financial is expected to be smaller as well. Please check JM Financial's standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether JM Financial's current price history will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
JM Financial Limited has almost perfect reverse predictability. Overlapping area represents the amount of predictability between JM Financial time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 JM Financial Limited price movement. The serial correlation of -0.74 indicates that around 74.0% of current JM Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 4.61 |
JM Financial Limited lagged returns against current returns
Autocorrelation, which is JM Financial 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 JM Financial's stock expected returns. We can calculate the autocorrelation of JM Financial returns to help us make a trade decision. For example, suppose you find that JM Financial 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 |
JM Financial 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 JM Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JM Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JM Financial stock over time.
Current vs Lagged Prices |
| Timeline |
JM Financial Lagged Returns
When evaluating JM Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JM Financial stock have on its future price. JM Financial 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, JM Financial autocorrelation shows the relationship between JM Financial stock current value and its past values and can show if there is a momentum factor associated with investing in JM Financial Limited.
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 JMFINANCIL Stock
JM Financial financial ratios help investors to determine whether JMFINANCIL 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 JMFINANCIL with respect to the benefits of owning JM Financial security.