Jamf Holding Etf Market Value
| JAMF Etf | USD 14.88 0.41 2.83% |
| Symbol | Jamf |
The market value of Jamf Holding is measured differently than its book value, which is the value of Jamf that is recorded on the company's balance sheet. Investors also form their own opinion of Jamf Holding's value that differs from its market value or its book value, called intrinsic value, which is Jamf Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jamf Holding's market value can be influenced by many factors that don't directly affect Jamf Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jamf Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jamf Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jamf Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Jamf Holding '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 Jamf Holding's etf 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 Jamf Holding.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Jamf Holding on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Jamf Holding or generate 0.0% return on investment in Jamf Holding over 180 days. Jamf Holding is related to or competes with SimilarWeb, Expensify, CS Disco, Riskified, PROS Holdings, Meridianlink, and Enfusion. Jamf Holding Corp. offers a cloud software platform for Apple infrastructure and security platform worldwide More
Jamf Holding 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 Jamf Holding's etf 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 Jamf Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 11.26 | |||
| Value At Risk | (4.07) | |||
| Potential Upside | 3.35 |
Jamf Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jamf Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jamf Holding's standard deviation. In reality, there are many statistical measures that can use Jamf Holding historical prices to predict the future Jamf Holding's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | (0.34) |
Jamf Holding Backtested Returns
Jamf Holding 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. Jamf Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jamf Holding's Risk Adjusted Performance of (0.10), market risk adjusted performance of (0.33), and Standard Deviation of 2.18 to validate the risk estimate we provide. The etf retains a Market Volatility (i.e., Beta) of 0.92, which attests to possible diversification benefits within a given portfolio. Jamf Holding returns are very sensitive to returns on the market. As the market goes up or down, Jamf Holding is expected to follow.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Jamf Holding has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Jamf Holding 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 Jamf Holding price movement. The serial correlation of -0.72 indicates that around 72.0% of current Jamf Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 1.18 |
Jamf Holding lagged returns against current returns
Autocorrelation, which is Jamf Holding etf'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 Jamf Holding's etf expected returns. We can calculate the autocorrelation of Jamf Holding returns to help us make a trade decision. For example, suppose you find that Jamf Holding has exhibited high autocorrelation historically, and you observe that the etf 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 |
Jamf Holding 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 Jamf Holding etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jamf Holding etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jamf Holding etf over time.
Current vs Lagged Prices |
| Timeline |
Jamf Holding Lagged Returns
When evaluating Jamf Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jamf Holding etf have on its future price. Jamf Holding 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, Jamf Holding autocorrelation shows the relationship between Jamf Holding etf current value and its past values and can show if there is a momentum factor associated with investing in Jamf Holding.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jamf Etf
Jamf Holding financial ratios help investors to determine whether Jamf Etf 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 Jamf with respect to the benefits of owning Jamf Holding security.