JP RL (Germany) Market Value
| JUA Stock | 650.00 2.00 0.31% |
| Symbol | JUA |
JP RL '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 JP RL'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 JP RL.
| 01/09/2023 |
| 12/29/2024 |
If you would invest 0.00 in JP RL on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding JP RL EST or generate 0.0% return on investment in JP RL over 720 days.
JP RL 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 JP RL'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 JP RL EST upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 6.05 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 1.23 |
JP RL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JP RL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JP RL's standard deviation. In reality, there are many statistical measures that can use JP RL historical prices to predict the future JP RL's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (9.65) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JP RL's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
JP RL EST Backtested Returns
JP RL EST retains Efficiency (Sharpe Ratio) of -0.12, which attests that the entity had a -0.12% return per unit of price deviation over the last 3 months. JP RL exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JP RL's Market Risk Adjusted Performance of (9.64), information ratio of (0.17), and Coefficient Of Variation of (719.01) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0165, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JP RL's returns are expected to increase less than the market. However, during the bear market, the loss of holding JP RL is expected to be smaller as well. At this point, JP RL EST has a negative expected return of -0.13%. Please make sure to check out JP RL's standard deviation, potential upside, day typical price, as well as the relationship between the jensen alpha and daily balance of power , to decide if JP RL EST performance from the past will be repeated sooner or later.
Auto-correlation | 0.49 |
Average predictability
JP RL EST has average predictability. Overlapping area represents the amount of predictability between JP RL time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th 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 JP RL EST price movement. The serial correlation of 0.49 indicates that about 49.0% of current JP RL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1931.73 |
JP RL EST lagged returns against current returns
Autocorrelation, which is JP RL 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 JP RL's stock expected returns. We can calculate the autocorrelation of JP RL returns to help us make a trade decision. For example, suppose you find that JP RL 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 |
JP RL 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 JP RL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JP RL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JP RL stock over time.
Current vs Lagged Prices |
| Timeline |
JP RL Lagged Returns
When evaluating JP RL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JP RL stock have on its future price. JP RL 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, JP RL autocorrelation shows the relationship between JP RL stock current value and its past values and can show if there is a momentum factor associated with investing in JP RL EST.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for JUA Stock Analysis
When running JP RL's price analysis, check to measure JP RL's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JP RL is operating at the current time. Most of JP RL's value examination focuses on studying past and present price action to predict the probability of JP RL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JP RL's price. Additionally, you may evaluate how the addition of JP RL to your portfolios can decrease your overall portfolio volatility.