Jourdan Resources Stock Market Value
| JORFF Stock | USD 0.01 0 35.00% |
| Symbol | Jourdan |
Jourdan Resources '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 Jourdan Resources' 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 Jourdan Resources.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Jourdan Resources on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Jourdan Resources or generate 0.0% return on investment in Jourdan Resources over 90 days. Jourdan Resources is related to or competes with Pilbara Minerals, Patriot Battery, and Talga Group. Jourdan Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of lithiu... More
Jourdan Resources 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 Jourdan Resources' 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 Jourdan Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.0003) | |||
| Maximum Drawdown | 66.83 | |||
| Value At Risk | (19.12) | |||
| Potential Upside | 27.94 |
Jourdan Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jourdan Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jourdan Resources' standard deviation. In reality, there are many statistical measures that can use Jourdan Resources historical prices to predict the future Jourdan Resources' volatility.| Risk Adjusted Performance | 0.0015 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 1.32 | |||
| Treynor Ratio | (0.20) |
Jourdan Resources Backtested Returns
At this point, Jourdan Resources is out of control. Jourdan Resources holds Efficiency (Sharpe) Ratio of close to zero, which attests that the entity had a close to zero % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Jourdan Resources, which you can use to evaluate the volatility of the firm. Please check out Jourdan Resources' Market Risk Adjusted Performance of (0.19), risk adjusted performance of 0.0015, and Standard Deviation of 11.44 to validate if the risk estimate we provide is consistent with the expected return of 0.0875%. The company retains a Market Volatility (i.e., Beta) of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jourdan Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Jourdan Resources is expected to be smaller as well. Jourdan Resources right now retains a risk of 11.57%. Please check out Jourdan Resources kurtosis, as well as the relationship between the day median price and period momentum indicator , to decide if Jourdan Resources will be following its current trending patterns.
Auto-correlation | -0.03 |
Very weak reverse predictability
Jourdan Resources has very weak reverse predictability. Overlapping area represents the amount of predictability between Jourdan Resources time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Jourdan Resources price movement. The serial correlation of -0.03 indicates that only 3.0% of current Jourdan Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.03 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jourdan Resources lagged returns against current returns
Autocorrelation, which is Jourdan Resources 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 Jourdan Resources' otc stock expected returns. We can calculate the autocorrelation of Jourdan Resources returns to help us make a trade decision. For example, suppose you find that Jourdan Resources 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 |
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Jourdan Resources 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 Jourdan Resources otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jourdan Resources otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jourdan Resources otc stock over time.
Current vs Lagged Prices |
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Jourdan Resources Lagged Returns
When evaluating Jourdan Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jourdan Resources otc stock have on its future price. Jourdan Resources 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, Jourdan Resources autocorrelation shows the relationship between Jourdan Resources otc stock current value and its past values and can show if there is a momentum factor associated with investing in Jourdan Resources.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jourdan OTC Stock
Jourdan Resources financial ratios help investors to determine whether Jourdan 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 Jourdan with respect to the benefits of owning Jourdan Resources security.