JPETNC Financials
JPETNC Etf | 2,976 21.00 0.71% |
JPETNC |
The data published in JPETNC's official financial statements typically reflect JPETNC's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving JPETNC's quantitative information. For example, before you start analyzing numbers published by JPETNC accountants, it's essential to understand JPETNC's liquidity, profitability, and earnings quality within the context of the JPETNC space in which it operates.
Please note, the presentation of JPETNC's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, JPETNC's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of JPETNC's management manipulating its earnings.
Instrument | South Africa Etf |
Exchange | Johannesburg Exchange |
Region | Others |
Investment Issuer | Others |
Benchmark | Dow Jones Industrial |
JPETNC Systematic Risk
JPETNC's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. JPETNC volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on JPETNC correlated with the market. If Beta is less than 0 JPETNC generally moves in the opposite direction as compared to the market. If JPETNC Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one JPETNC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of JPETNC is generally in the same direction as the market. If Beta > 1 JPETNC moves generally in the same direction as, but more than the movement of the benchmark.
JPETNC November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of JPETNC help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of JPETNC. We use our internally-developed statistical techniques to arrive at the intrinsic value of JPETNC based on widely used predictive technical indicators. In general, we focus on analyzing JPETNC Etf price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build JPETNC's daily price indicators and compare them against related drivers.
Downside Deviation | 1.72 | |||
Information Ratio | 0.0611 | |||
Maximum Drawdown | 14.28 | |||
Value At Risk | (2.85) | |||
Potential Upside | 3.32 |
Other Information on Investing in JPETNC Etf
JPETNC financial ratios help investors to determine whether JPETNC Etf 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 JPETNC with respect to the benefits of owning JPETNC security.