Jx Luxventure Limited Stock Market Value
| JXG Stock | 2.35 0.03 1.29% |
| Symbol | JXG |
Is Wholesale 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 JX Luxventure. If investors know JXG 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 JX Luxventure listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of JX Luxventure Limited is measured differently than its book value, which is the value of JXG that is recorded on the company's balance sheet. Investors also form their own opinion of JX Luxventure's value that differs from its market value or its book value, called intrinsic value, which is JX Luxventure'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 JX Luxventure's market value can be influenced by many factors that don't directly affect JX Luxventure'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 JX Luxventure's value and its price as these two are different measures arrived at by different means. Investors typically determine if JX Luxventure is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JX Luxventure'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.
JX Luxventure '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 JX Luxventure'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 JX Luxventure.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in JX Luxventure on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding JX Luxventure Limited or generate 0.0% return on investment in JX Luxventure over 90 days. JX Luxventure is related to or competes with PepsiCo, Crimson Wine, Constellation Brands, Coca Cola, Diamond Estates, Inhibrx, and Centessa Pharmaceuticals. More
JX Luxventure 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 JX Luxventure'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 JX Luxventure Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.82 | |||
| Information Ratio | 0.1263 | |||
| Maximum Drawdown | 248.11 | |||
| Value At Risk | (7.17) | |||
| Potential Upside | 10.85 |
JX Luxventure Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JX Luxventure's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JX Luxventure's standard deviation. In reality, there are many statistical measures that can use JX Luxventure historical prices to predict the future JX Luxventure's volatility.| Risk Adjusted Performance | 0.1114 | |||
| Jensen Alpha | 3.27 | |||
| Total Risk Alpha | 8.06 | |||
| Sortino Ratio | 0.5443 | |||
| Treynor Ratio | (1.45) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JX Luxventure'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.
JX Luxventure Limited Backtested Returns
JX Luxventure is out of control given 3 months investment horizon. JX Luxventure Limited 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. We have analyzed and interpolated twenty-nine different technical indicators, which can help you to evaluate if expected returns of 3.59% are justified by taking the suggested risk. Use JX Luxventure Limited Standard Deviation of 29.38, semi deviation of 4.78, and Market Risk Adjusted Performance of (1.44) to evaluate company specific risk that cannot be diversified away. JX Luxventure holds a performance score of 9 on a scale of zero to a hundred. The company owns a Beta (Systematic Risk) of -2.47, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning JX Luxventure are expected to decrease by larger amounts. On the other hand, during market turmoil, JX Luxventure is expected to outperform it. Use JX Luxventure Limited standard deviation, expected short fall, period momentum indicator, as well as the relationship between the maximum drawdown and rate of daily change , to analyze future returns on JX Luxventure Limited.
Auto-correlation | -0.67 |
Very good reverse predictability
JX Luxventure Limited has very good reverse predictability. Overlapping area represents the amount of predictability between JX Luxventure time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of JX Luxventure Limited price movement. The serial correlation of -0.67 indicates that around 67.0% of current JX Luxventure price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
JX Luxventure Limited lagged returns against current returns
Autocorrelation, which is JX Luxventure 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 JX Luxventure's stock expected returns. We can calculate the autocorrelation of JX Luxventure returns to help us make a trade decision. For example, suppose you find that JX Luxventure 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 |
JX Luxventure 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 JX Luxventure stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JX Luxventure stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JX Luxventure stock over time.
Current vs Lagged Prices |
| Timeline |
JX Luxventure Lagged Returns
When evaluating JX Luxventure's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JX Luxventure stock have on its future price. JX Luxventure 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, JX Luxventure autocorrelation shows the relationship between JX Luxventure stock current value and its past values and can show if there is a momentum factor associated with investing in JX Luxventure Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether JX Luxventure Limited is a strong investment it is important to analyze JX Luxventure's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JX Luxventure's future performance. For an informed investment choice regarding JXG Stock, refer to the following important reports:Check out JX Luxventure Correlation, JX Luxventure Volatility and JX Luxventure Alpha and Beta module to complement your research on JX Luxventure. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
JX Luxventure 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.