Japan Petroleum (Germany) Market Value
| JP9 Stock | EUR 6.70 0.20 2.90% |
| Symbol | Japan |
Japan Petroleum '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 Japan Petroleum'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 Japan Petroleum.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Japan Petroleum on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Japan Petroleum Exploration or generate 0.0% return on investment in Japan Petroleum over 30 days. Japan Petroleum is related to or competes with Alibaba Group, ConocoPhillips, Superior Plus, Origin Agritech, INTUITIVE SURGICAL, Intel, and Reliance Steel. Japan Petroleum Exploration Co., Ltd. engages in the exploration, development, production, transportation, and sale of o... More
Japan Petroleum 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 Japan Petroleum'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 Japan Petroleum Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.11 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 10.0 | |||
| Value At Risk | (2.90) | |||
| Potential Upside | 2.31 |
Japan Petroleum Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Japan Petroleum's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Japan Petroleum's standard deviation. In reality, there are many statistical measures that can use Japan Petroleum historical prices to predict the future Japan Petroleum's volatility.| Risk Adjusted Performance | 0.0252 | |||
| Jensen Alpha | 0.0597 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.11) |
Japan Petroleum Expl Backtested Returns
At this point, Japan Petroleum is somewhat reliable. Japan Petroleum Expl holds Efficiency (Sharpe) Ratio of 0.0218, which attests that the entity had a 0.0218% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Japan Petroleum Expl, which you can use to evaluate the volatility of the firm. Please check out Japan Petroleum's Downside Deviation of 2.11, market risk adjusted performance of (0.1), and Risk Adjusted Performance of 0.0252 to validate if the risk estimate we provide is consistent with the expected return of 0.0403%. Japan Petroleum has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Japan Petroleum are expected to decrease at a much lower rate. During the bear market, Japan Petroleum is likely to outperform the market. Japan Petroleum Expl right now retains a risk of 1.85%. Please check out Japan Petroleum sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Japan Petroleum will be following its current trending patterns.
Auto-correlation | -0.34 |
Poor reverse predictability
Japan Petroleum Exploration has poor reverse predictability. Overlapping area represents the amount of predictability between Japan Petroleum time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th of December 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 Japan Petroleum Expl price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Japan Petroleum price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Japan Petroleum Expl lagged returns against current returns
Autocorrelation, which is Japan Petroleum 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 Japan Petroleum's stock expected returns. We can calculate the autocorrelation of Japan Petroleum returns to help us make a trade decision. For example, suppose you find that Japan Petroleum 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 |
Japan Petroleum 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 Japan Petroleum stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Japan Petroleum stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Japan Petroleum stock over time.
Current vs Lagged Prices |
| Timeline |
Japan Petroleum Lagged Returns
When evaluating Japan Petroleum's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Japan Petroleum stock have on its future price. Japan Petroleum 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, Japan Petroleum autocorrelation shows the relationship between Japan Petroleum stock current value and its past values and can show if there is a momentum factor associated with investing in Japan Petroleum Exploration.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Japan Stock
Japan Petroleum financial ratios help investors to determine whether Japan 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 Japan with respect to the benefits of owning Japan Petroleum security.