Jourdan Resources Stock Market Value
| JORFF Stock | USD 0.01 0.00 0.00% |
| 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.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Jourdan Resources on January 28, 2025 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 30 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 | (0.03) | |||
| Maximum Drawdown | 66.83 | |||
| Value At Risk | (16.04) | |||
| Potential Upside | 20.51 |
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 | (0.01) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 0.226 |
Jourdan Resources Backtested Returns
Jourdan Resources holds Efficiency (Sharpe) Ratio of -0.0469, which attests that the entity had a -0.0469 % return per unit of risk over the last 3 months. Jourdan Resources exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jourdan Resources' Risk Adjusted Performance of (0.01), market risk adjusted performance of 0.236, and Standard Deviation of 11.35 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -1.57, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Jourdan Resources are expected to decrease by larger amounts. On the other hand, during market turmoil, Jourdan Resources is expected to outperform it. At this point, Jourdan Resources has a negative expected return of -0.53%. Please make sure to check out Jourdan Resources' total risk alpha, kurtosis, as well as the relationship between the Kurtosis and relative strength index , to decide if Jourdan Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Jourdan Resources has good reverse predictability. Overlapping area represents the amount of predictability between Jourdan Resources time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 -0.55 indicates that about 55.0% of current Jourdan Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.54 | |
| 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 |
| Timeline |
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 |
| Timeline |
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.