JOSAPAR Joaquim's market value is the price at which a share of JOSAPAR Joaquim trades on a public exchange. It measures the collective expectations of JOSAPAR Joaquim Oliveira investors about its performance. JOSAPAR Joaquim is selling for under 21.00 as of the 13th of January 2025; that is No Change since the beginning of the trading day. The stock's lowest day price was 21.0. With this module, you can estimate the performance of a buy and hold strategy of JOSAPAR Joaquim Oliveira and determine expected loss or profit from investing in JOSAPAR Joaquim over a given investment horizon. Check out JOSAPAR Joaquim Correlation, JOSAPAR Joaquim Volatility and JOSAPAR Joaquim Alpha and Beta module to complement your research on JOSAPAR Joaquim.
Please note, there is a significant difference between JOSAPAR Joaquim's value and its price as these two are different measures arrived at by different means. Investors typically determine if JOSAPAR Joaquim is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JOSAPAR Joaquim's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
JOSAPAR Joaquim '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 JOSAPAR Joaquim'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 JOSAPAR Joaquim.
0.00
10/15/2024
No Change 0.00
0.0
In 3 months and 1 day
01/13/2025
0.00
If you would invest 0.00 in JOSAPAR Joaquim on October 15, 2024 and sell it all today you would earn a total of 0.00 from holding JOSAPAR Joaquim Oliveira or generate 0.0% return on investment in JOSAPAR Joaquim over 90 days. JOSAPAR Joaquim is related to or competes with Minupar Participaes, Grazziotin, Excelsior Alimentos, and Bahema Educao. Participaes operates as a food products company in Brazil More
JOSAPAR Joaquim 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 JOSAPAR Joaquim'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 JOSAPAR Joaquim Oliveira upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for JOSAPAR Joaquim's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JOSAPAR Joaquim's standard deviation. In reality, there are many statistical measures that can use JOSAPAR Joaquim historical prices to predict the future JOSAPAR Joaquim's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as JOSAPAR Joaquim. Your research has to be compared to or analyzed against JOSAPAR Joaquim's peers to derive any actionable benefits. When done correctly, JOSAPAR Joaquim's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in JOSAPAR Joaquim Oliveira.
JOSAPAR Joaquim Oliveira Backtested Returns
Currently, JOSAPAR Joaquim Oliveira is very steady. JOSAPAR Joaquim Oliveira holds Efficiency (Sharpe) Ratio of 4.0E-4, which attests that the entity had a 4.0E-4% return per unit of volatility over the last 3 months. We have found sixteen technical indicators for JOSAPAR Joaquim Oliveira, which you can use to evaluate the volatility of the firm. Please check out JOSAPAR Joaquim's risk adjusted performance of (0.09), and Market Risk Adjusted Performance of 1.39 to validate if the risk estimate we provide is consistent with the expected return of 0.0%. The company retains a Market Volatility (i.e., Beta) of -0.0072, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JOSAPAR Joaquim are expected to decrease at a much lower rate. During the bear market, JOSAPAR Joaquim is likely to outperform the market. JOSAPAR Joaquim Oliveira currently retains a risk of 0.0842%. Please check out JOSAPAR Joaquim kurtosis, day median price, and the relationship between the skewness and rate of daily change , to decide if JOSAPAR Joaquim will be following its current trending patterns.
Auto-correlation
-92,233,720,368,547,760
Near perfect reversele predictability
JOSAPAR Joaquim Oliveira has near perfect reversele predictability. Overlapping area represents the amount of predictability between JOSAPAR Joaquim time series from 15th of October 2024 to 29th of November 2024 and 29th of November 2024 to 13th 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 JOSAPAR Joaquim Oliveira price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current JOSAPAR Joaquim price fluctuation can be explain by its past prices.
Correlation Coefficient
-92233.7 T
Spearman Rank Test
0.38
Residual Average
0.0
Price Variance
0.0
JOSAPAR Joaquim Oliveira lagged returns against current returns
Autocorrelation, which is JOSAPAR Joaquim 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 JOSAPAR Joaquim's stock expected returns. We can calculate the autocorrelation of JOSAPAR Joaquim returns to help us make a trade decision. For example, suppose you find that JOSAPAR Joaquim 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
JOSAPAR Joaquim 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 JOSAPAR Joaquim stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JOSAPAR Joaquim stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JOSAPAR Joaquim stock over time.
Current vs Lagged Prices
Timeline
JOSAPAR Joaquim Lagged Returns
When evaluating JOSAPAR Joaquim's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JOSAPAR Joaquim stock have on its future price. JOSAPAR Joaquim 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, JOSAPAR Joaquim autocorrelation shows the relationship between JOSAPAR Joaquim stock current value and its past values and can show if there is a momentum factor associated with investing in JOSAPAR Joaquim Oliveira.
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.
When running JOSAPAR Joaquim's price analysis, check to measure JOSAPAR Joaquim'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 JOSAPAR Joaquim is operating at the current time. Most of JOSAPAR Joaquim's value examination focuses on studying past and present price action to predict the probability of JOSAPAR Joaquim's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JOSAPAR Joaquim's price. Additionally, you may evaluate how the addition of JOSAPAR Joaquim to your portfolios can decrease your overall portfolio volatility.