Johnson Electric (Germany) Market Value
| JOHB Stock | EUR 1.35 0.01 0.75% |
| Symbol | Johnson |
Johnson Electric '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 Johnson Electric'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 Johnson Electric.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in Johnson Electric on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Johnson Electric Holdings or generate 0.0% return on investment in Johnson Electric over 60 days. Johnson Electric is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
Johnson Electric 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 Johnson Electric'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 Johnson Electric Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.94 | |||
| Information Ratio | 0.1518 | |||
| Maximum Drawdown | 15.53 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 3.91 |
Johnson Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Johnson Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Johnson Electric's standard deviation. In reality, there are many statistical measures that can use Johnson Electric historical prices to predict the future Johnson Electric's volatility.| Risk Adjusted Performance | 0.1369 | |||
| Jensen Alpha | 0.4239 | |||
| Total Risk Alpha | 0.3795 | |||
| Sortino Ratio | 0.2103 | |||
| Treynor Ratio | (1.47) |
Johnson Electric Holdings Backtested Returns
Johnson Electric appears to be very risky, given 3 months investment horizon. Johnson Electric Holdings holds Efficiency (Sharpe) Ratio of 0.1, which attests that the entity had a 0.1% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Johnson Electric Holdings, which you can use to evaluate the volatility of the firm. Please utilize Johnson Electric's Market Risk Adjusted Performance of (1.46), downside deviation of 1.94, and Risk Adjusted Performance of 0.1369 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Johnson Electric holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of -0.29, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Johnson Electric are expected to decrease at a much lower rate. During the bear market, Johnson Electric is likely to outperform the market. Please check Johnson Electric's downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Johnson Electric's current trending patterns will revert.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Johnson Electric Holdings has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Johnson Electric time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th of January 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 Johnson Electric Holdings price movement. The serial correlation of -0.75 indicates that around 75.0% of current Johnson Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Johnson Electric Holdings lagged returns against current returns
Autocorrelation, which is Johnson Electric 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 Johnson Electric's stock expected returns. We can calculate the autocorrelation of Johnson Electric returns to help us make a trade decision. For example, suppose you find that Johnson Electric 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 |
Johnson Electric 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 Johnson Electric stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Johnson Electric stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Johnson Electric stock over time.
Current vs Lagged Prices |
| Timeline |
Johnson Electric Lagged Returns
When evaluating Johnson Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Johnson Electric stock have on its future price. Johnson Electric 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, Johnson Electric autocorrelation shows the relationship between Johnson Electric stock current value and its past values and can show if there is a momentum factor associated with investing in Johnson Electric Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Johnson Stock
Johnson Electric financial ratios help investors to determine whether Johnson 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 Johnson with respect to the benefits of owning Johnson Electric security.