Jse Limited Stock Market Value
| JSEJF Stock | USD 6.65 0.00 0.00% |
| Symbol | JSE |
JSE '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 JSE's pink sheet 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 JSE.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in JSE on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding JSE Limited or generate 0.0% return on investment in JSE over 30 days. JSE is related to or competes with Anadolu Efes, AP Moeller, China Overseas, and SoftBank Corp. JSE Limited operates as a securities exchange in South Africa More
JSE 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 JSE's pink sheet 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 JSE Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1003 | |||
| Maximum Drawdown | 25.52 |
JSE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JSE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JSE's standard deviation. In reality, there are many statistical measures that can use JSE historical prices to predict the future JSE's volatility.| Risk Adjusted Performance | 0.0958 | |||
| Jensen Alpha | 0.3093 | |||
| Total Risk Alpha | 0.2293 | |||
| Treynor Ratio | 1.5 |
JSE Limited Backtested Returns
JSE appears to be somewhat reliable, given 3 months investment horizon. JSE Limited holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of return volatility over the last 3 months. We have found sixteen technical indicators for JSE Limited, which you can use to evaluate the volatility of the firm. Please utilize JSE's Risk Adjusted Performance of 0.0958, coefficient of variation of 895.34, and Market Risk Adjusted Performance of 1.51 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, JSE holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JSE's returns are expected to increase less than the market. However, during the bear market, the loss of holding JSE is expected to be smaller as well. Please check JSE's variance, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether JSE's current trending patterns will revert.
Auto-correlation | 1.00 |
Perfect predictability
JSE Limited has perfect predictability. Overlapping area represents the amount of predictability between JSE time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 JSE Limited price movement. The serial correlation of 1.0 indicates that 100.0% of current JSE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
JSE Limited lagged returns against current returns
Autocorrelation, which is JSE pink sheet'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 JSE's pink sheet expected returns. We can calculate the autocorrelation of JSE returns to help us make a trade decision. For example, suppose you find that JSE has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
JSE 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 JSE pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JSE pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JSE pink sheet over time.
Current vs Lagged Prices |
| Timeline |
JSE Lagged Returns
When evaluating JSE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JSE pink sheet have on its future price. JSE 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, JSE autocorrelation shows the relationship between JSE pink sheet current value and its past values and can show if there is a momentum factor associated with investing in JSE Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in JSE Pink Sheet
JSE financial ratios help investors to determine whether JSE Pink Sheet 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 JSE with respect to the benefits of owning JSE security.