Jack Nathan Medical Stock Market Value
| JNHMF Stock | USD 0.03 0.00 0.00% |
| 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 otc 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.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Jack Nathan on October 30, 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 30 days. Jack Nathan is related to or competes with Pennant, Encompass Health, Enhabit, Concord Medical, National HealthCare, Ensign, and InnovAge Holding. Jack Nathan Medical Corp., together with its subsidiaries, operates primary care medical clinics in Walmart Supercentres... 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 otc 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.
| Information Ratio | 0.1133 | |||
| Maximum Drawdown | 131.85 |
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 | 0.1029 | |||
| Jensen Alpha | 1.41 | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.5751 |
Jack Nathan Medical Backtested Returns
Jack Nathan is out of control given 3 months investment horizon. Jack Nathan Medical holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have collected data for sixteen different technical indicators, which can help you to evaluate if expected returns of 1.86% are justified by taking the suggested risk. Use Jack Nathan Medical Risk Adjusted Performance of 0.1029, standard deviation of 14.54, and Market Risk Adjusted Performance of 0.5851 to evaluate company specific risk that cannot be diversified away. Jack Nathan holds a performance score of 9 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of 3.06, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jack Nathan will likely underperform. Use Jack Nathan Medical variance, as well as the relationship between the skewness and day typical price , to analyze future returns on Jack Nathan Medical.
Auto-correlation | 0.00 |
No correlation between past and present
Jack Nathan Medical has no correlation between past and present. Overlapping area represents the amount of predictability between Jack Nathan time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Jack Nathan Medical price movement. The serial correlation of 0.0 indicates that just 0.0% of current Jack Nathan price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jack Nathan Medical lagged returns against current returns
Autocorrelation, which is Jack Nathan otc 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 otc 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 otc 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 |
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 otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jack Nathan otc 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 otc stock over time.
Current vs Lagged Prices |
| Timeline |
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 otc 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 otc 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 |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jack OTC Stock
Jack Nathan financial ratios help investors to determine whether Jack OTC 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 Jack with respect to the benefits of owning Jack Nathan security.