Jerash Holdings Stock Performance
| JRSH Stock | USD 3.31 0.05 1.49% |
On a scale of 0 to 100, Jerash Holdings holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.11, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jerash Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Jerash Holdings is expected to be smaller as well. Please check Jerash Holdings' value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Jerash Holdings' current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Jerash Holdings are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite fairly unsteady basic indicators, Jerash Holdings demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
| Begin Period Cash Flow | 17.8 M |
Jerash |
Jerash Holdings Relative Risk vs. Return Landscape
If you would invest 294.00 in Jerash Holdings on August 28, 2024 and sell it today you would earn a total of 37.00 from holding Jerash Holdings or generate 12.59% return on investment over 90 days. Jerash Holdings is currently generating 0.2035% in daily expected returns and assumes 1.7891% risk (volatility on return distribution) over the 90 days horizon. In different words, 15% of stocks are less volatile than Jerash, and 96% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Jerash Holdings Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jerash Holdings' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Jerash Holdings, and traders can use it to determine the average amount a Jerash Holdings' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1137
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Estimated Market Risk
| 1.79 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Jerash Holdings is performing at about 8% 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 Jerash Holdings by adding it to a well-diversified portfolio.
Jerash Holdings Fundamentals Growth
Jerash Stock prices reflect investors' perceptions of the future prospects and financial health of Jerash Holdings, and Jerash Holdings fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Jerash Stock performance.
| Return On Equity | -0.0595 | ||||
| Return On Asset | -0.0203 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 29.37 M | ||||
| Shares Outstanding | 12.29 M | ||||
| Price To Earning | 18.26 X | ||||
| Price To Book | 0.65 X | ||||
| Price To Sales | 0.33 X | ||||
| Revenue | 117.19 M | ||||
| EBITDA | 3.13 M | ||||
| Cash And Equivalents | 23.26 M | ||||
| Cash Per Share | 1.86 X | ||||
| Total Debt | 989.1 K | ||||
| Debt To Equity | 0.04 % | ||||
| Book Value Per Share | 5.24 X | ||||
| Cash Flow From Operations | 2.48 M | ||||
| Earnings Per Share | (0.29) X | ||||
| Total Asset | 80.25 M | ||||
| Retained Earnings | 41.7 M | ||||
| Current Asset | 37.74 M | ||||
| Current Liabilities | 9.8 M | ||||
About Jerash Holdings Performance
By evaluating Jerash Holdings' fundamental ratios, stakeholders can gain valuable insights into Jerash Holdings' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if Jerash Holdings has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Jerash Holdings has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
Jerash Holdings , Inc., through its subsidiaries, manufactures and exports customized and readymade sport and outerwear. The company was incorporated in 2016 and is headquartered in Fairfield, New Jersey. Jerash Holdings operates under Apparel Manufacturing classification in the United States and is traded on NASDAQ Exchange. It employs 5600 people.Things to note about Jerash Holdings performance evaluation
Checking the ongoing alerts about Jerash Holdings for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Jerash Holdings help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| The company reported the previous year's revenue of 117.19 M. Net Loss for the year was (2.01 M) with profit before overhead, payroll, taxes, and interest of 27.33 M. | |
| Jerash Holdings has a strong financial position based on the latest SEC filings | |
| About 51.0% of the company shares are held by company insiders |
- Analyzing Jerash Holdings' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Jerash Holdings' stock is overvalued or undervalued compared to its peers.
- Examining Jerash Holdings' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Jerash Holdings' management team can have a significant impact on its success or failure. Reviewing the track record and experience of Jerash Holdings' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Jerash Holdings' stock. These opinions can provide insight into Jerash Holdings' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for Jerash Stock analysis
When running Jerash Holdings' price analysis, check to measure Jerash Holdings' 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 Jerash Holdings is operating at the current time. Most of Jerash Holdings' value examination focuses on studying past and present price action to predict the probability of Jerash Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerash Holdings' price. Additionally, you may evaluate how the addition of Jerash Holdings to your portfolios can decrease your overall portfolio volatility.
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