Jalles Machado (Brazil) Market Value
| JALL3 Stock | BRL 5.02 0.23 4.38% |
| Symbol | Jalles |
Jalles Machado '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 Jalles Machado'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 Jalles Machado.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Jalles Machado on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Jalles Machado SA or generate 0.0% return on investment in Jalles Machado over 30 days. Jalles Machado is related to or competes with JBS SA, M Dias, Marfrig Global, Camil Alimentos, and Excelsior Alimentos. Jalles Machado SA produces, markets, and exports sugar, ethanol, and other by-products from sugarcane More
Jalles Machado 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 Jalles Machado'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 Jalles Machado SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 10.6 | |||
| Value At Risk | (3.93) | |||
| Potential Upside | 2.38 |
Jalles Machado Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jalles Machado's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jalles Machado's standard deviation. In reality, there are many statistical measures that can use Jalles Machado historical prices to predict the future Jalles Machado's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.48) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (2.43) |
Jalles Machado SA Backtested Returns
Jalles Machado SA holds Efficiency (Sharpe) Ratio of -0.22, which attests that the entity had a -0.22% return per unit of risk over the last 3 months. Jalles Machado SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jalles Machado's Standard Deviation of 1.86, market risk adjusted performance of (2.42), and Risk Adjusted Performance of (0.18) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jalles Machado's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jalles Machado is expected to be smaller as well. At this point, Jalles Machado SA has a negative expected return of -0.42%. Please make sure to check out Jalles Machado's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Jalles Machado SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Jalles Machado SA has below average predictability. Overlapping area represents the amount of predictability between Jalles Machado time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Jalles Machado SA price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Jalles Machado price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Jalles Machado SA lagged returns against current returns
Autocorrelation, which is Jalles Machado 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 Jalles Machado's stock expected returns. We can calculate the autocorrelation of Jalles Machado returns to help us make a trade decision. For example, suppose you find that Jalles Machado 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 |
Jalles Machado 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 Jalles Machado stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jalles Machado stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jalles Machado stock over time.
Current vs Lagged Prices |
| Timeline |
Jalles Machado Lagged Returns
When evaluating Jalles Machado's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jalles Machado stock have on its future price. Jalles Machado 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, Jalles Machado autocorrelation shows the relationship between Jalles Machado stock current value and its past values and can show if there is a momentum factor associated with investing in Jalles Machado SA.
Regressed Prices |
| Timeline |
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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 Jalles Stock Analysis
When running Jalles Machado's price analysis, check to measure Jalles Machado'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 Jalles Machado is operating at the current time. Most of Jalles Machado's value examination focuses on studying past and present price action to predict the probability of Jalles Machado's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jalles Machado's price. Additionally, you may evaluate how the addition of Jalles Machado to your portfolios can decrease your overall portfolio volatility.