Jumia Technologies Gains As Market Dips What You Should Know
JMIA Stock | USD 3.98 0.02 0.51% |
About 55% of Jumia Technologies' investor base is interested to short. The analysis of current outlook of investing in Jumia Technologies AG suggests that many traders are impartial regarding Jumia Technologies' prospects. The current market sentiment, together with Jumia Technologies' historical and current headlines, can help investors time the market. In addition, many technical investors use Jumia Technologies stock news signals to limit their universe of possible portfolio assets.
Jumia |
In the most recent trading session, Jumia Technologies closed at 4.76, indicating a 1.06 percent shift from the previous trading day.
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Jumia Technologies Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Jumia Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Jumia Technologies Fundamental Analysis
We analyze Jumia Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jumia Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Jumia Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Short Ratio
Short Ratio Comparative Analysis
Jumia Technologies is currently under evaluation in short ratio category among its peers. Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Jumia Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Jumia Technologies stock to make a market-neutral strategy. Peer analysis of Jumia Technologies could also be used in its relative valuation, which is a method of valuing Jumia Technologies by comparing valuation metrics with similar companies.
Peers
Jumia Technologies Related Equities
JD | JD | 5.26 | ||||
BZUN | Baozun | 4.25 | ||||
VIPS | Vipshop Holdings | 3.27 | ||||
BABA | Alibaba Group | 1.66 | ||||
SE | Sea | 1.56 | ||||
GLBE | Global E | 0.39 | ||||
MELI | MercadoLibre | 0.00 | ||||
PDD | PDD Holdings | 0.51 |
Complementary Tools for Jumia Stock analysis
When running Jumia Technologies' price analysis, check to measure Jumia Technologies' 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 Jumia Technologies is operating at the current time. Most of Jumia Technologies' value examination focuses on studying past and present price action to predict the probability of Jumia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jumia Technologies' price. Additionally, you may evaluate how the addition of Jumia Technologies to your portfolios can decrease your overall portfolio volatility.
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