Jardine Matheson Holdings Stock Market Value
| JARLF Stock | USD 40.83 2.65 6.09% |
| 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 pink sheet 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.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Jardine Matheson on October 28, 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 3M, CK Hutchison, Swire Pacific, Teijin, CK Hutchison, Honeywell International, and MDU Resources. Jardine Matheson Holdings Limited, through its subsidiaries, engages in the motor vehicles and related operations, prope... 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 pink sheet 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.
| Downside Deviation | 4.55 | |||
| Information Ratio | 0.0257 | |||
| Maximum Drawdown | 15.21 | |||
| Value At Risk | (4.35) | |||
| Potential Upside | 6.14 |
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 | 0.0648 | |||
| Jensen Alpha | 0.1875 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0148 | |||
| Treynor Ratio | 144.35 |
Jardine Matheson Holdings Backtested Returns
Jardine Matheson appears to be very steady, given 3 months investment horizon. Jardine Matheson Holdings holds Efficiency (Sharpe) Ratio of 0.0889, which attests that the entity had a 0.0889% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jardine Matheson Holdings, which you can use to evaluate the volatility of the firm. Please utilize Jardine Matheson's Risk Adjusted Performance of 0.0648, market risk adjusted performance of 144.36, and Downside Deviation of 4.55 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jardine Matheson holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.0013, 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. Please check Jardine Matheson's semi variance, and the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Jardine Matheson's current trending patterns will revert.
Auto-correlation | 0.77 |
Good predictability
Jardine Matheson Holdings has good predictability. Overlapping area represents the amount of predictability between Jardine Matheson time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 0.77 indicates that around 77.0% of current Jardine Matheson price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1.54 |
Jardine Matheson Holdings lagged returns against current returns
Autocorrelation, which is Jardine Matheson pink sheet'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 pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jardine Matheson pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jardine Matheson pink sheet 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 pink sheet 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 pink sheet 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 |
Currently Active Assets on Macroaxis
Other Information on Investing in Jardine Pink Sheet
Jardine Matheson financial ratios help investors to determine whether Jardine Pink Sheet 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.