Jadeart Group Stock Market Value
| JADA Stock | USD 0 0.0005 12.50% |
| Symbol | Jadeart |
Jadeart '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 Jadeart's pink sheet 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 Jadeart.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Jadeart on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Jadeart Group or generate 0.0% return on investment in Jadeart over 60 days. Jadeart is related to or competes with FitLife Brands,, HUMANA, SCOR PK, Barloworld, Morningstar Unconstrained, High-yield Municipal, and Thrivent High. Jade Art Group Inc., through its subsidiary, JiangXi SheTai Jade Industrial Company Limited, engages in the sale and dis... More
Jadeart 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 Jadeart's pink sheet 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 Jadeart Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 27.22 | |||
| Information Ratio | 0.0906 | |||
| Maximum Drawdown | 134.17 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 51.61 |
Jadeart Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jadeart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jadeart's standard deviation. In reality, there are many statistical measures that can use Jadeart historical prices to predict the future Jadeart's volatility.| Risk Adjusted Performance | 0.0836 | |||
| Jensen Alpha | 2.2 | |||
| Total Risk Alpha | (1.39) | |||
| Sortino Ratio | 0.0752 | |||
| Treynor Ratio | (7.79) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jadeart's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jadeart Group Backtested Returns
Jadeart is out of control given 3 months investment horizon. Jadeart Group holds Efficiency (Sharpe) Ratio of 0.0723, which attests that the entity had a 0.0723% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.61% are justified by taking the suggested risk. Use Jadeart Group Risk Adjusted Performance of 0.0836, downside deviation of 27.22, and Market Risk Adjusted Performance of (7.78) to evaluate company specific risk that cannot be diversified away. Jadeart holds a performance score of 5 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jadeart are expected to decrease at a much lower rate. During the bear market, Jadeart is likely to outperform the market. Use Jadeart Group downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to analyze future returns on Jadeart Group.
Auto-correlation | 0.24 |
Weak predictability
Jadeart Group has weak predictability. Overlapping area represents the amount of predictability between Jadeart time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th 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 Jadeart Group price movement. The serial correlation of 0.24 indicates that over 24.0% of current Jadeart price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jadeart Group lagged returns against current returns
Autocorrelation, which is Jadeart pink sheet'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 Jadeart's pink sheet expected returns. We can calculate the autocorrelation of Jadeart returns to help us make a trade decision. For example, suppose you find that Jadeart has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Jadeart 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 Jadeart pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jadeart pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jadeart pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Jadeart Lagged Returns
When evaluating Jadeart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jadeart pink sheet have on its future price. Jadeart 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, Jadeart autocorrelation shows the relationship between Jadeart pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Jadeart Group.
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 Jadeart Pink Sheet
Jadeart financial ratios help investors to determine whether Jadeart Pink Sheet 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 Jadeart with respect to the benefits of owning Jadeart security.