Jowell Global Stock Market Value
| JWEL Stock | USD 3.13 0.27 7.94% |
| Symbol | Jowell |
Jowell Global Price To Book Ratio
Is Other Specialty Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jowell Global. If investors know Jowell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jowell Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.877 | Earnings Share (5.38) | Revenue Per Share 74.741 | Quarterly Revenue Growth (0.31) | Return On Assets (0.13) |
The market value of Jowell Global is measured differently than its book value, which is the value of Jowell that is recorded on the company's balance sheet. Investors also form their own opinion of Jowell Global's value that differs from its market value or its book value, called intrinsic value, which is Jowell Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jowell Global's market value can be influenced by many factors that don't directly affect Jowell Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jowell Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jowell Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jowell Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Jowell Global '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 Jowell Global'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 Jowell Global.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Jowell Global on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Jowell Global or generate 0.0% return on investment in Jowell Global over 30 days. Jowell Global is related to or competes with Oriental Culture, Hour Loop, Qurate Retail, Jeffs Brands, Kidpik Corp, MOGU, and Jd. Jowell Global Ltd. engages in the online retail of cosmetics, health and nutritional supplements, and household products... More
Jowell Global 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 Jowell Global'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 Jowell Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.07 | |||
| Information Ratio | 0.1605 | |||
| Maximum Drawdown | 66.01 | |||
| Value At Risk | (11.22) | |||
| Potential Upside | 29.63 |
Jowell Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jowell Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jowell Global's standard deviation. In reality, there are many statistical measures that can use Jowell Global historical prices to predict the future Jowell Global's volatility.| Risk Adjusted Performance | 0.1409 | |||
| Jensen Alpha | 2.27 | |||
| Total Risk Alpha | 0.0511 | |||
| Sortino Ratio | 0.2356 | |||
| Treynor Ratio | (1.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jowell Global'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.
Jowell Global Backtested Returns
Jowell Global is extremely dangerous given 3 months investment horizon. Jowell Global holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.95% are justified by taking the suggested risk. Use Jowell Global Risk Adjusted Performance of 0.1409, market risk adjusted performance of (1.06), and Downside Deviation of 8.07 to evaluate company specific risk that cannot be diversified away. Jowell Global holds a performance score of 12 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.9, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Jowell Global are expected to decrease by larger amounts. On the other hand, during market turmoil, Jowell Global is expected to outperform it. Use Jowell Global downside variance, as well as the relationship between the accumulation distribution and price action indicator , to analyze future returns on Jowell Global.
Auto-correlation | 0.66 |
Good predictability
Jowell Global has good predictability. Overlapping area represents the amount of predictability between Jowell Global time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Jowell Global price movement. The serial correlation of 0.66 indicates that around 66.0% of current Jowell Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Jowell Global lagged returns against current returns
Autocorrelation, which is Jowell Global 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 Jowell Global's stock expected returns. We can calculate the autocorrelation of Jowell Global returns to help us make a trade decision. For example, suppose you find that Jowell Global 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 |
Jowell Global 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 Jowell Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jowell Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jowell Global stock over time.
Current vs Lagged Prices |
| Timeline |
Jowell Global Lagged Returns
When evaluating Jowell Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jowell Global stock have on its future price. Jowell Global 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, Jowell Global autocorrelation shows the relationship between Jowell Global stock current value and its past values and can show if there is a momentum factor associated with investing in Jowell Global.
Regressed Prices |
| Timeline |
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Jowell Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.