Inversora Juramento (Argentina) Market Value
| INVJ Stock | ARS 493.00 7.50 1.54% |
| Symbol | Inversora |
Inversora Juramento '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 Inversora Juramento'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 Inversora Juramento.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Inversora Juramento on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Inversora Juramento SA or generate 0.0% return on investment in Inversora Juramento over 30 days. Inversora Juramento is related to or competes with Agrometal SAI, Transportadora, United States, Compania, and Harmony Gold. Inversora Juramento S.A., an agricultural-livestock company, engages in the production, industrialization, and commercia... More
Inversora Juramento 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 Inversora Juramento'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 Inversora Juramento SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.0755 | |||
| Maximum Drawdown | 12.09 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 4.55 |
Inversora Juramento Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inversora Juramento's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inversora Juramento's standard deviation. In reality, there are many statistical measures that can use Inversora Juramento historical prices to predict the future Inversora Juramento's volatility.| Risk Adjusted Performance | 0.1129 | |||
| Jensen Alpha | 0.2943 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0902 | |||
| Treynor Ratio | (9.95) |
Inversora Juramento Backtested Returns
Inversora Juramento appears to be out of control, given 3 months investment horizon. Inversora Juramento holds Efficiency (Sharpe) Ratio of 0.14, which attests that the entity had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Inversora Juramento, which you can use to evaluate the volatility of the firm. Please utilize Inversora Juramento's Risk Adjusted Performance of 0.1129, downside deviation of 1.81, and Market Risk Adjusted Performance of (9.94) to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Inversora Juramento holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of -0.0292, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Inversora Juramento are expected to decrease at a much lower rate. During the bear market, Inversora Juramento is likely to outperform the market. Please check Inversora Juramento's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to make a quick decision on whether Inversora Juramento's current trending patterns will revert.
Auto-correlation | 0.70 |
Good predictability
Inversora Juramento SA has good predictability. Overlapping area represents the amount of predictability between Inversora Juramento time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 Inversora Juramento price movement. The serial correlation of 0.7 indicates that around 70.0% of current Inversora Juramento price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 113.8 |
Inversora Juramento lagged returns against current returns
Autocorrelation, which is Inversora Juramento 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 Inversora Juramento's stock expected returns. We can calculate the autocorrelation of Inversora Juramento returns to help us make a trade decision. For example, suppose you find that Inversora Juramento 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 |
Inversora Juramento 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 Inversora Juramento stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inversora Juramento stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inversora Juramento stock over time.
Current vs Lagged Prices |
| Timeline |
Inversora Juramento Lagged Returns
When evaluating Inversora Juramento's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inversora Juramento stock have on its future price. Inversora Juramento 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, Inversora Juramento autocorrelation shows the relationship between Inversora Juramento stock current value and its past values and can show if there is a momentum factor associated with investing in Inversora Juramento SA.
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.Other Information on Investing in Inversora Stock
Inversora Juramento financial ratios help investors to determine whether Inversora Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Inversora with respect to the benefits of owning Inversora Juramento security.