JSE (South Africa) Price on October 21, 2024
| JSE Stock | 11,800 89.00 0.75% |
If you're considering investing in JSE Stock, it is important to understand the factors that can impact its price. As of today, the current price of JSE stands at 11,800, as last reported on the 28th of November, with the highest price reaching 11,893 and the lowest price hitting 11,694 during the day. At this point, JSE is very steady. JSE Limited holds Efficiency (Sharpe) Ratio of 0.0167, which attests that the entity had a 0.0167% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for JSE Limited, which you can use to evaluate the volatility of the firm. Please check out JSE's Semi Deviation of 1.32, risk adjusted performance of 0.0081, and Market Risk Adjusted Performance of 0.0268 to validate if the risk estimate we provide is consistent with the expected return of 0.0211%.
JSE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JSE |
Sharpe Ratio = 0.0167
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | JSE |
Estimated Market Risk
| 1.26 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average JSE is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of JSE by adding it to a well-diversified portfolio.
JSE Valuation on October 21, 2024
It is possible to determine the worth of JSE on a given historical date. On October 21, 2024 JSE was worth 12386.0 at the beginning of the trading date compared to the closed value of 12516.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JSE stock. Still, in general, we apply an absolute valuation method to find JSE's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of JSE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JSE's related companies.
| Open | High | Low | Close | Volume | |
| 12,592 | 12,623 | 12,415 | 12,514 | 48,016 | |
10/21/2024 | 12,386 | 12,577 | 12,360 | 12,516 | 42,600 |
| 12,598 | 12,648 | 12,305 | 12,449 | 100,578 |
| Backtest JSE | | | JSE History | Previous | Next |
JSE Trading Date Momentum on October 21, 2024
| On October 22 2024 JSE Limited was traded for 12,449 at the closing time. The highest price during the trading period was 12,648 and the lowest recorded bid was listed for 12,305 . The volume for the day was 100.6 K. This history from October 22, 2024 contributed to the next trading day price decline. The trading delta at closing time to the next closing price was 0.54% . The trading delta at closing time to the current price is 0.21% . |
Price Boundaries
JSE Period Price Range
Low | November 28, 2024
| High |
0.00 | 0.00 |
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JSE November 28, 2024 Market Strength
Market strength indicators help investors to evaluate how JSE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JSE shares will generate the highest return on investment. By undertsting and applying JSE stock market strength indicators, traders can identify JSE Limited entry and exit signals to maximize returns
JSE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JSE's price direction in advance. Along with the technical and fundamental analysis of JSE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JSE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0081 | |||
| Jensen Alpha | 0.0187 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0168 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for JSE Stock analysis
When running JSE's price analysis, check to measure JSE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy JSE is operating at the current time. Most of JSE's value examination focuses on studying past and present price action to predict the probability of JSE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JSE's price. Additionally, you may evaluate how the addition of JSE to your portfolios can decrease your overall portfolio volatility.
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