JAIZ BANK's market value is the price at which a share of JAIZ BANK trades on a public exchange. It measures the collective expectations of JAIZ BANK PLC investors about its performance. JAIZ BANK is selling at 2.40 as of the 1st of December 2024; that is 1.27 percent increase since the beginning of the trading day. The stock's open price was 2.37. With this module, you can estimate the performance of a buy and hold strategy of JAIZ BANK PLC and determine expected loss or profit from investing in JAIZ BANK over a given investment horizon. Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Symbol
JAIZ
JAIZ BANK '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 JAIZ BANK'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 JAIZ BANK.
0.00
11/01/2024
No Change 0.00
0.0
In 31 days
12/01/2024
0.00
If you would invest 0.00 in JAIZ BANK on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding JAIZ BANK PLC or generate 0.0% return on investment in JAIZ BANK over 30 days.
JAIZ BANK 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 JAIZ BANK'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 JAIZ BANK PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for JAIZ BANK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JAIZ BANK's standard deviation. In reality, there are many statistical measures that can use JAIZ BANK historical prices to predict the future JAIZ BANK's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as JAIZ BANK. Your research has to be compared to or analyzed against JAIZ BANK's peers to derive any actionable benefits. When done correctly, JAIZ BANK's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in JAIZ BANK PLC.
JAIZ BANK PLC Backtested Returns
As of now, JAIZ Stock is very risky. JAIZ BANK PLC holds Efficiency (Sharpe) Ratio of 0.0501, which attests that the company had a 0.0501% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for JAIZ BANK PLC, which you can use to evaluate the volatility of the entity. Please check out JAIZ BANK's semi deviation of 3.2, and Downside Deviation of 3.53 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. JAIZ BANK has a performance score of 3 on a scale of 0 to 100. The firm retains a Market Volatility (i.e., Beta) of -0.12, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JAIZ BANK are expected to decrease at a much lower rate. During the bear market, JAIZ BANK is likely to outperform the market. JAIZ BANK PLC at this time retains a risk of 3.5%. Please check out JAIZ BANK total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if JAIZ BANK will be following its current trending patterns.
Auto-correlation
0.19
Very weak predictability
JAIZ BANK PLC has very weak predictability. Overlapping area represents the amount of predictability between JAIZ BANK time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 JAIZ BANK PLC price movement. The serial correlation of 0.19 indicates that over 19.0% of current JAIZ BANK price fluctuation can be explain by its past prices.
Correlation Coefficient
0.19
Spearman Rank Test
0.34
Residual Average
0.0
Price Variance
0.0
JAIZ BANK PLC lagged returns against current returns
Autocorrelation, which is JAIZ BANK 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 JAIZ BANK's stock expected returns. We can calculate the autocorrelation of JAIZ BANK returns to help us make a trade decision. For example, suppose you find that JAIZ BANK 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
JAIZ BANK 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 JAIZ BANK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JAIZ BANK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JAIZ BANK stock over time.
Current vs Lagged Prices
Timeline
JAIZ BANK Lagged Returns
When evaluating JAIZ BANK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JAIZ BANK stock have on its future price. JAIZ BANK 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, JAIZ BANK autocorrelation shows the relationship between JAIZ BANK stock current value and its past values and can show if there is a momentum factor associated with investing in JAIZ BANK PLC.
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.