Japan Real (Germany) Market Value
| JUA Stock | EUR 3,420 20.00 0.59% |
| Symbol | Japan |
Japan Real '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 Real'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 Real.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in Japan Real on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding Japan Real Estate or generate 0.0% return on investment in Japan Real over 360 days. Japan Real is related to or competes with Norwegian Air, Enter Air, Carsales, Wizz Air, GRUPO CARSO-A1, INTER CARS, and HF SINCLAIR. JRE shall invest in specified assets, primarily consisting of real estate assets and asset related securities which main... More
Japan Real 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 Real'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 Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.8 |
Japan Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Japan Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Japan Real's standard deviation. In reality, there are many statistical measures that can use Japan Real historical prices to predict the future Japan Real's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.8405 |
Japan Real Estate Backtested Returns
Japan Real Estate holds Efficiency (Sharpe) Ratio of -0.0209, which attests that the entity had a -0.0209% return per unit of risk over the last 3 months. Japan Real Estate exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Japan Real's Market Risk Adjusted Performance of 0.8505, standard deviation of 1.05, and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.0777, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Japan Real are expected to decrease at a much lower rate. During the bear market, Japan Real is likely to outperform the market. At this point, Japan Real Estate has a negative expected return of -0.0213%. Please make sure to check out Japan Real's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Japan Real Estate performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Japan Real Estate has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Japan Real time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Real Estate price movement. The serial correlation of -0.73 indicates that around 73.0% of current Japan Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 57.4 K |
Japan Real Estate lagged returns against current returns
Autocorrelation, which is Japan Real 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 Real's stock expected returns. We can calculate the autocorrelation of Japan Real returns to help us make a trade decision. For example, suppose you find that Japan Real 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 Real 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 Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Japan Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Japan Real stock over time.
Current vs Lagged Prices |
| Timeline |
Japan Real Lagged Returns
When evaluating Japan Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Japan Real stock have on its future price. Japan Real 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 Real autocorrelation shows the relationship between Japan Real stock current value and its past values and can show if there is a momentum factor associated with investing in Japan Real Estate.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Japan Stock
Japan Real 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 Real security.