Jade Leader Corp Stock Market Value
| JADE Stock | CAD 0.02 0.00 0.00% |
| Symbol | Jade |
Jade Leader '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 Jade Leader'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 Jade Leader.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Jade Leader on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Jade Leader Corp or generate 0.0% return on investment in Jade Leader over 180 days. Jade Leader is related to or competes with First Majestic, Ivanhoe Energy, Orezone Gold, and Faraday Copper. Jade Leader Corp. engages in the exploration and development of mineral properties in Canada and the United States More
Jade Leader 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 Jade Leader'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 Jade Leader Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 83.33 |
Jade Leader Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jade Leader's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jade Leader's standard deviation. In reality, there are many statistical measures that can use Jade Leader historical prices to predict the future Jade Leader's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (1.58) | |||
| Treynor Ratio | (2.32) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jade Leader'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.
Jade Leader Corp Backtested Returns
Jade Leader Corp holds Efficiency (Sharpe) Ratio of -0.0306, which attests that the entity had a -0.0306% return per unit of risk over the last 3 months. Jade Leader Corp exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jade Leader's Market Risk Adjusted Performance of (2.31), risk adjusted performance of (0.01), and Standard Deviation of 8.52 to validate the risk estimate we provide. 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, Jade Leader's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jade Leader is expected to be smaller as well. At this point, Jade Leader Corp has a negative expected return of -0.27%. Please make sure to check out Jade Leader's coefficient of variation, variance, treynor ratio, as well as the relationship between the standard deviation and information ratio , to decide if Jade Leader Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Jade Leader Corp has modest predictability. Overlapping area represents the amount of predictability between Jade Leader time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Jade Leader Corp price movement. The serial correlation of 0.52 indicates that about 52.0% of current Jade Leader price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jade Leader Corp lagged returns against current returns
Autocorrelation, which is Jade Leader 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 Jade Leader's stock expected returns. We can calculate the autocorrelation of Jade Leader returns to help us make a trade decision. For example, suppose you find that Jade Leader 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 |
Jade Leader 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 Jade Leader stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jade Leader stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jade Leader stock over time.
Current vs Lagged Prices |
| Timeline |
Jade Leader Lagged Returns
When evaluating Jade Leader's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jade Leader stock have on its future price. Jade Leader 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, Jade Leader autocorrelation shows the relationship between Jade Leader stock current value and its past values and can show if there is a momentum factor associated with investing in Jade Leader Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Jade Stock Analysis
When running Jade Leader's price analysis, check to measure Jade Leader'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 Jade Leader is operating at the current time. Most of Jade Leader's value examination focuses on studying past and present price action to predict the probability of Jade Leader's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jade Leader's price. Additionally, you may evaluate how the addition of Jade Leader to your portfolios can decrease your overall portfolio volatility.