Jardine Matheson (UK) Market Value
| JAR Stock | 62.50 0.00 0.00% |
| Symbol | Jardine |
Jardine Matheson '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 Jardine Matheson'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 Jardine Matheson.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Jardine Matheson on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Jardine Matheson Holdings or generate 0.0% return on investment in Jardine Matheson over 30 days. Jardine Matheson is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, SoftBank Group, and Hon Hai. Jardine Matheson is entity of United Kingdom More
Jardine Matheson 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 Jardine Matheson'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 Jardine Matheson Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.97) | |||
| Maximum Drawdown | 0.9693 |
Jardine Matheson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jardine Matheson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jardine Matheson's standard deviation. In reality, there are many statistical measures that can use Jardine Matheson historical prices to predict the future Jardine Matheson's volatility.| Risk Adjusted Performance | 0.0401 | |||
| Jensen Alpha | 0.0016 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 0.1838 |
Jardine Matheson Holdings Backtested Returns
We have found sixteen technical indicators for Jardine Matheson Holdings, which you can use to evaluate the volatility of the firm. Please check out Jardine Matheson's Market Risk Adjusted Performance of 0.1938, risk adjusted performance of 0.0401, and Standard Deviation of 0.1193 to validate if the risk estimate we provide is consistent with the expected return of 0.0%. The company retains a Market Volatility (i.e., Beta) of 0.0255, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jardine Matheson's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jardine Matheson is expected to be smaller as well. Jardine Matheson Holdings right now retains a risk of 0.0%. Please check out Jardine Matheson skewness, as well as the relationship between the rate of daily change and day typical price , to decide if Jardine Matheson will be following its current trending patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Jardine Matheson Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Jardine Matheson time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 Jardine Matheson Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Jardine Matheson price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jardine Matheson Holdings lagged returns against current returns
Autocorrelation, which is Jardine Matheson 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 Jardine Matheson's stock expected returns. We can calculate the autocorrelation of Jardine Matheson returns to help us make a trade decision. For example, suppose you find that Jardine Matheson 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 |
Jardine Matheson 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 Jardine Matheson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jardine Matheson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jardine Matheson stock over time.
Current vs Lagged Prices |
| Timeline |
Jardine Matheson Lagged Returns
When evaluating Jardine Matheson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jardine Matheson stock have on its future price. Jardine Matheson 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, Jardine Matheson autocorrelation shows the relationship between Jardine Matheson stock current value and its past values and can show if there is a momentum factor associated with investing in Jardine Matheson Holdings.
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.Other Information on Investing in Jardine Stock
Jardine Matheson financial ratios help investors to determine whether Jardine Stock 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 Jardine with respect to the benefits of owning Jardine Matheson security.