Jupiter Marine International Stock Market Value
| JMIH Stock | USD 0.0001 0.00 0.00% |
| Symbol | Jupiter |
Jupiter Marine '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 Jupiter Marine'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 Jupiter Marine.
| 12/28/2022 |
| 12/17/2024 |
If you would invest 0.00 in Jupiter Marine on December 28, 2022 and sell it all today you would earn a total of 0.00 from holding Jupiter Marine International or generate 0.0% return on investment in Jupiter Marine over 720 days. Jupiter Marine is related to or competes with Ecovyst, Air Products, HNI Corp, Pinterest, Franklin Wireless, and Microbot Medical. Jupiter Marine International Holdings, Inc More
Jupiter Marine 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 Jupiter Marine'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 Jupiter Marine International upside and downside potential and time the market with a certain degree of confidence.
Jupiter Marine Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jupiter Marine's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jupiter Marine's standard deviation. In reality, there are many statistical measures that can use Jupiter Marine historical prices to predict the future Jupiter Marine's volatility.Jupiter Marine Inter Backtested Returns
We have found three technical indicators for Jupiter Marine Inter, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Jupiter Marine are completely uncorrelated.
Auto-correlation | -0.01 |
Very weak reverse predictability
Jupiter Marine International has very weak reverse predictability. Overlapping area represents the amount of predictability between Jupiter Marine time series from 28th of December 2022 to 23rd of December 2023 and 23rd of December 2023 to 17th 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 Jupiter Marine Inter price movement. The serial correlation of -0.01 indicates that just 1.0% of current Jupiter Marine price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.01 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jupiter Marine Inter lagged returns against current returns
Autocorrelation, which is Jupiter Marine 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 Jupiter Marine's pink sheet expected returns. We can calculate the autocorrelation of Jupiter Marine returns to help us make a trade decision. For example, suppose you find that Jupiter Marine 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 |
Jupiter Marine 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 Jupiter Marine pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jupiter Marine pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jupiter Marine pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Jupiter Marine Lagged Returns
When evaluating Jupiter Marine's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jupiter Marine pink sheet have on its future price. Jupiter Marine 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, Jupiter Marine autocorrelation shows the relationship between Jupiter Marine pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Jupiter Marine International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jupiter Pink Sheet
Jupiter Marine financial ratios help investors to determine whether Jupiter 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 Jupiter with respect to the benefits of owning Jupiter Marine security.