Jiuzi Holdings Stock Market Value
| JZXN Stock | USD 1.59 0.19 13.57% |
| Symbol | Jiuzi |
Jiuzi Holdings Price To Book Ratio
Is Automotive 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 Jiuzi Holdings. If investors know Jiuzi 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 Jiuzi Holdings 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 0.872 | Earnings Share 10.09 | Revenue Per Share | Quarterly Revenue Growth 2.71 | Return On Assets |
The market value of Jiuzi Holdings is measured differently than its book value, which is the value of Jiuzi that is recorded on the company's balance sheet. Investors also form their own opinion of Jiuzi Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jiuzi Holdings' 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 Jiuzi Holdings' market value can be influenced by many factors that don't directly affect Jiuzi Holdings' 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 Jiuzi Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jiuzi Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jiuzi Holdings' 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.
Jiuzi Holdings '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 Jiuzi Holdings' 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 Jiuzi Holdings.
| 12/11/2024 |
| 01/10/2025 |
If you would invest 0.00 in Jiuzi Holdings on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Jiuzi Holdings or generate 0.0% return on investment in Jiuzi Holdings over 30 days. Jiuzi Holdings is related to or competes with SunCar Technology, Carvana, Uxin, Kingsway Financial, KAR Auction, Cango, and U Power. Jiuzi Holdings, Inc., through its variable interest entity in Zhejiang Jiuzi New Energy Vehicles Co., Ltd., franchises a... More
Jiuzi Holdings 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 Jiuzi Holdings' 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 Jiuzi Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.16 | |||
| Information Ratio | 0.0524 | |||
| Maximum Drawdown | 77.82 | |||
| Value At Risk | (7.01) | |||
| Potential Upside | 12.77 |
Jiuzi Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiuzi Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiuzi Holdings' standard deviation. In reality, there are many statistical measures that can use Jiuzi Holdings historical prices to predict the future Jiuzi Holdings' volatility.| Risk Adjusted Performance | 0.0531 | |||
| Jensen Alpha | 0.5341 | |||
| Total Risk Alpha | 0.3156 | |||
| Sortino Ratio | 0.0834 | |||
| Treynor Ratio | (3.19) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jiuzi Holdings' 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.
Jiuzi Holdings Backtested Returns
Jiuzi Holdings appears to be abnormally volatile, given 3 months investment horizon. Jiuzi Holdings holds Efficiency (Sharpe) Ratio of 0.0603, which attests that the entity had a 0.0603% return per unit of risk over the last 3 months. By evaluating Jiuzi Holdings' technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Jiuzi Holdings' Downside Deviation of 6.16, market risk adjusted performance of (3.18), and Risk Adjusted Performance of 0.0531 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jiuzi Holdings holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jiuzi Holdings are expected to decrease at a much lower rate. During the bear market, Jiuzi Holdings is likely to outperform the market. Please check Jiuzi Holdings' downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to make a quick decision on whether Jiuzi Holdings' current trending patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
Jiuzi Holdings has modest predictability. Overlapping area represents the amount of predictability between Jiuzi Holdings time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 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 Jiuzi Holdings price movement. The serial correlation of 0.5 indicates that about 50.0% of current Jiuzi Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Jiuzi Holdings lagged returns against current returns
Autocorrelation, which is Jiuzi Holdings 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 Jiuzi Holdings' stock expected returns. We can calculate the autocorrelation of Jiuzi Holdings returns to help us make a trade decision. For example, suppose you find that Jiuzi Holdings 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 |
Jiuzi Holdings 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 Jiuzi Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiuzi Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiuzi Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Jiuzi Holdings Lagged Returns
When evaluating Jiuzi Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiuzi Holdings stock have on its future price. Jiuzi Holdings 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, Jiuzi Holdings autocorrelation shows the relationship between Jiuzi Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Jiuzi Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Jiuzi Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Jiuzi Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Jiuzi Holdings will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Jiuzi Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jiuzi Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jiuzi Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jiuzi Holdings to buy it.
The correlation of Jiuzi Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jiuzi Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jiuzi Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Jiuzi Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Jiuzi Holdings Correlation, Jiuzi Holdings Volatility and Jiuzi Holdings Alpha and Beta module to complement your research on Jiuzi Holdings. To learn how to invest in Jiuzi Stock, please use our How to Invest in Jiuzi Holdings guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Jiuzi Holdings 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.