Jumia Technologies Ag Stock Alpha and Beta Analysis
| JMIA Stock | USD 4.11 0.31 8.16% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Jumia Technologies AG. It also helps investors analyze the systematic and unsystematic risks associated with investing in Jumia Technologies over a specified time horizon. Remember, high Jumia Technologies' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Jumia Technologies' market risk premium analysis include:
Beta 2.14 | Alpha (0.64) | Risk 4.34 | Sharpe Ratio (0.07) | Expected Return (0.30) |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Jumia |
Jumia Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Jumia Technologies market risk premium is the additional return an investor will receive from holding Jumia Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Jumia Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Jumia Technologies' performance over market.| α | -0.64 | β | 2.14 |
Jumia Technologies expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Jumia Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Jumia Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Jumia Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Jumia Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Jumia Technologies shares will generate the highest return on investment. By understating and applying Jumia Technologies stock market price indicators, traders can identify Jumia Technologies position entry and exit signals to maximize returns.
Jumia Technologies Return and Market Media
The median price of Jumia Technologies for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 4.72 with a coefficient of variation of 11.44. The daily time series for the period is distributed with a sample standard deviation of 0.54, arithmetic mean of 4.7, and mean deviation of 0.41. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Jumia Technologies AG Q2 2024 Earnings Call Highlights Navigating Currency Challenges ... | 10/09/2024 |
2 | Jumia Technologies Increases Despite Market Slip Heres What You Need to Know | 10/10/2024 |
3 | Jumia Technologies Stock Falls Amid Market Uptick What Investors Need to Know | 10/16/2024 |
4 | Jumia Technologies Gains As Market Dips What You Should Know | 10/25/2024 |
5 | Jumia Technologies Ag Q3 2024 Earnings Call Transcript | 11/07/2024 |
6 | Jumia Expands Its Logistics Network With New Warehouse To Strengthen E-Commerce In Ghana | 11/11/2024 |
7 | This Nutanix Analyst Begins Coverage On A Bullish Note Here Are Top 5 Initiations For Wednesday | 11/13/2024 |
8 | Jumia Egypt Partners with Premium Card to Support E-commerce Growth in Egypt | 11/18/2024 |
About Jumia Technologies Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Jumia or other stocks. Alpha measures the amount that position in Jumia Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 45.26 | 31.49 | 35.33 | 45.53 | PTB Ratio | 2.67 | 1.84 | 5.14 | 4.89 |
Jumia Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Jumia Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Jumia Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Jumia Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Jumia Technologies. Please utilize our Beneish M Score to check the likelihood of Jumia Technologies' management manipulating its earnings.
| 15th of February 2024 Upcoming Quarterly Report | View | |
| 28th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 15th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Jumia Technologies
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Jumia Technologies Backtesting, Jumia Technologies Valuation, Jumia Technologies Correlation, Jumia Technologies Hype Analysis, Jumia Technologies Volatility, Jumia Technologies History and analyze Jumia Technologies Performance. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Jumia Technologies 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.