Janison Education (Australia) Market Value
| JAN Stock | 0.22 0.01 4.76% |
| Symbol | Janison |
Janison Education '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 Janison Education'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 Janison Education.
| 10/29/2023 |
| 11/22/2024 |
If you would invest 0.00 in Janison Education on October 29, 2023 and sell it all today you would earn a total of 0.00 from holding Janison Education Group or generate 0.0% return on investment in Janison Education over 390 days. Janison Education is related to or competes with CSL, Champion Iron, Perpetual Credit, Talisman Mining, Tombador Iron, and Kinatico. Janison Education is entity of Australia More
Janison Education 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 Janison Education'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 Janison Education Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.37 | |||
| Information Ratio | (0.0001) | |||
| Maximum Drawdown | 36.47 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 5.26 |
Janison Education Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Janison Education's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Janison Education's standard deviation. In reality, there are many statistical measures that can use Janison Education historical prices to predict the future Janison Education's volatility.| Risk Adjusted Performance | 0.0255 | |||
| Jensen Alpha | 0.0609 | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | (0.000082) | |||
| Treynor Ratio | 0.2585 |
Janison Education Backtested Returns
Janison Education appears to be out of control, given 3 months investment horizon. Janison Education holds Efficiency (Sharpe) Ratio of 0.0525, which attests that the entity had a 0.0525% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Janison Education, which you can use to evaluate the volatility of the firm. Please utilize Janison Education's Downside Deviation of 6.37, risk adjusted performance of 0.0255, and Market Risk Adjusted Performance of 0.2685 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Janison Education holds a performance score of 4. The company retains a Market Volatility (i.e., Beta) of 0.38, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Janison Education's returns are expected to increase less than the market. However, during the bear market, the loss of holding Janison Education is expected to be smaller as well. Please check Janison Education's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Janison Education's current trending patterns will revert.
Auto-correlation | -0.49 |
Modest reverse predictability
Janison Education Group has modest reverse predictability. Overlapping area represents the amount of predictability between Janison Education time series from 29th of October 2023 to 11th of May 2024 and 11th of May 2024 to 22nd 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 Janison Education price movement. The serial correlation of -0.49 indicates that about 49.0% of current Janison Education price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.49 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Janison Education lagged returns against current returns
Autocorrelation, which is Janison Education 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 Janison Education's stock expected returns. We can calculate the autocorrelation of Janison Education returns to help us make a trade decision. For example, suppose you find that Janison Education 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 |
Janison Education 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 Janison Education stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Janison Education stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Janison Education stock over time.
Current vs Lagged Prices |
| Timeline |
Janison Education Lagged Returns
When evaluating Janison Education's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Janison Education stock have on its future price. Janison Education 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, Janison Education autocorrelation shows the relationship between Janison Education stock current value and its past values and can show if there is a momentum factor associated with investing in Janison Education Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Janison Stock Analysis
When running Janison Education's price analysis, check to measure Janison Education'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 Janison Education is operating at the current time. Most of Janison Education's value examination focuses on studying past and present price action to predict the probability of Janison Education's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Janison Education's price. Additionally, you may evaluate how the addition of Janison Education to your portfolios can decrease your overall portfolio volatility.