Jack Nathan Medical Stock Market Value
| JNH Stock | CAD 0.03 0.01 25.00% |
| Symbol | Jack |
Jack Nathan '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 Jack Nathan'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 Jack Nathan.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in Jack Nathan on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding Jack Nathan Medical or generate 0.0% return on investment in Jack Nathan over 90 days. Jack Nathan Medical Corp., a healthcare company, operates primary care medical clinics in Walmart Supercentres under the... More
Jack Nathan 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 Jack Nathan'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 Jack Nathan Medical upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 21.8 | |||
| Information Ratio | 0.0824 | |||
| Maximum Drawdown | 83.33 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 33.33 |
Jack Nathan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jack Nathan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jack Nathan's standard deviation. In reality, there are many statistical measures that can use Jack Nathan historical prices to predict the future Jack Nathan's volatility.| Risk Adjusted Performance | 0.072 | |||
| Jensen Alpha | 1.16 | |||
| Total Risk Alpha | 3.7 | |||
| Sortino Ratio | 0.0615 | |||
| Treynor Ratio | (2.86) |
Jack Nathan Medical Backtested Returns
Jack Nathan is out of control given 3 months investment horizon. Jack Nathan Medical holds Efficiency (Sharpe) Ratio of 0.0752, which attests that the entity had a 0.0752 % return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Jack Nathan Medical Downside Deviation of 21.8, risk adjusted performance of 0.072, and Market Risk Adjusted Performance of (2.85) to evaluate company specific risk that cannot be diversified away. Jack Nathan holds a performance score of 5 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.42, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jack Nathan are expected to decrease at a much lower rate. During the bear market, Jack Nathan is likely to outperform the market. Use Jack Nathan Medical potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to analyze future returns on Jack Nathan Medical.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Jack Nathan Medical has insignificant reverse predictability. Overlapping area represents the amount of predictability between Jack Nathan time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 Jack Nathan Medical price movement. The serial correlation of -0.16 indicates that over 16.0% of current Jack Nathan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jack Nathan Medical lagged returns against current returns
Autocorrelation, which is Jack Nathan 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 Jack Nathan's stock expected returns. We can calculate the autocorrelation of Jack Nathan returns to help us make a trade decision. For example, suppose you find that Jack Nathan 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 |
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Jack Nathan 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 Jack Nathan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jack Nathan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jack Nathan stock over time.
Current vs Lagged Prices |
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Jack Nathan Lagged Returns
When evaluating Jack Nathan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jack Nathan stock have on its future price. Jack Nathan 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, Jack Nathan autocorrelation shows the relationship between Jack Nathan stock current value and its past values and can show if there is a momentum factor associated with investing in Jack Nathan Medical.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Jack Stock Analysis
When running Jack Nathan's price analysis, check to measure Jack Nathan's 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 Jack Nathan is operating at the current time. Most of Jack Nathan's value examination focuses on studying past and present price action to predict the probability of Jack Nathan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jack Nathan's price. Additionally, you may evaluate how the addition of Jack Nathan to your portfolios can decrease your overall portfolio volatility.