Jost Werke (UK) Market Value
| 0RTR Stock | 41.78 0.28 0.67% |
| Symbol | Jost |
Jost Werke 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Jost Werke's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Jost Werke.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Jost Werke on February 4, 2023 and sell it all today you would earn a total of 0.00 from holding Jost Werke AG or generate 0.0% return on investment in Jost Werke over 660 days. Jost Werke is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, SoftBank Group, and Hon Hai. Jost Werke is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Jost Werke Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Jost Werke's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Jost Werke AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.85 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.64 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 3.12 |
Jost Werke Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jost Werke's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jost Werke's standard deviation. In reality, there are many statistical measures that can use Jost Werke historical prices to predict the future Jost Werke's volatility.| Risk Adjusted Performance | 0.0242 | |||
| Jensen Alpha | 0.0254 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.5095 |
Jost Werke AG Backtested Returns
Currently, Jost Werke AG is very steady. Jost Werke AG holds Efficiency (Sharpe) Ratio of 0.0518, which attests that the entity had a 0.0518% return per unit of risk over the last 3 months. We have found thirty technical indicators for Jost Werke AG, which you can use to evaluate the volatility of the firm. Please check out Jost Werke's Market Risk Adjusted Performance of 0.5195, risk adjusted performance of 0.0242, and Downside Deviation of 1.85 to validate if the risk estimate we provide is consistent with the expected return of 0.0894%. Jost Werke has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0653, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jost Werke's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jost Werke is expected to be smaller as well. Jost Werke AG right now retains a risk of 1.73%. Please check out Jost Werke coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Jost Werke will be following its current trending patterns.
Auto-correlation | 0.14 |
Insignificant predictability
Jost Werke AG has insignificant predictability. Overlapping area represents the amount of predictability between Jost Werke time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Jost Werke AG price movement. The serial correlation of 0.14 indicates that less than 14.0% of current Jost Werke price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 4.56 |
Jost Werke AG lagged returns against current returns
Autocorrelation, which is Jost Werke stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Jost Werke's stock expected returns. We can calculate the autocorrelation of Jost Werke returns to help us make a trade decision. For example, suppose you find that Jost Werke has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Jost Werke regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Jost Werke stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jost Werke stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jost Werke stock over time.
Current vs Lagged Prices |
| Timeline |
Jost Werke Lagged Returns
When evaluating Jost Werke's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jost Werke stock have on its future price. Jost Werke autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Jost Werke autocorrelation shows the relationship between Jost Werke stock current value and its past values and can show if there is a momentum factor associated with investing in Jost Werke AG.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Jost Stock Analysis
When running Jost Werke's price analysis, check to measure Jost Werke'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 Jost Werke is operating at the current time. Most of Jost Werke's value examination focuses on studying past and present price action to predict the probability of Jost Werke's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jost Werke's price. Additionally, you may evaluate how the addition of Jost Werke to your portfolios can decrease your overall portfolio volatility.