Jayant Agro (India) Market Value
| JAYAGROGN | 287.30 5.60 1.99% |
| Symbol | Jayant |
Jayant Agro '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 Jayant Agro'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 Jayant Agro.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Jayant Agro on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Jayant Agro Organics or generate 0.0% return on investment in Jayant Agro over 30 days. Jayant Agro is related to or competes with NMDC, Steel Authority, Embassy Office, Gujarat Narmada, Gujarat Alkalies, Indian Metals, and JTL Industries. Jayant Agro is entity of India. It is traded as Stock on NSE exchange. More
Jayant Agro 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 Jayant Agro'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 Jayant Agro Organics upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 11.82 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 2.67 |
Jayant Agro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jayant Agro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jayant Agro's standard deviation. In reality, there are many statistical measures that can use Jayant Agro historical prices to predict the future Jayant Agro's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (0.24) |
Jayant Agro Organics Backtested Returns
Jayant Agro Organics holds Efficiency (Sharpe) Ratio of -0.025, which attests that the entity had a -0.025% return per unit of risk over the last 3 months. Jayant Agro Organics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jayant Agro's Risk Adjusted Performance of (0.03), market risk adjusted performance of (0.23), and Standard Deviation of 2.06 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.5, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jayant Agro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jayant Agro is expected to be smaller as well. At this point, Jayant Agro Organics has a negative expected return of -0.0518%. Please make sure to check out Jayant Agro's accumulation distribution, as well as the relationship between the day median price and price action indicator , to decide if Jayant Agro Organics performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Jayant Agro Organics has poor predictability. Overlapping area represents the amount of predictability between Jayant Agro time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Jayant Agro Organics price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Jayant Agro price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 11.24 |
Jayant Agro Organics lagged returns against current returns
Autocorrelation, which is Jayant Agro 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 Jayant Agro's stock expected returns. We can calculate the autocorrelation of Jayant Agro returns to help us make a trade decision. For example, suppose you find that Jayant Agro 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 |
Jayant Agro 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 Jayant Agro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jayant Agro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jayant Agro stock over time.
Current vs Lagged Prices |
| Timeline |
Jayant Agro Lagged Returns
When evaluating Jayant Agro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jayant Agro stock have on its future price. Jayant Agro 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, Jayant Agro autocorrelation shows the relationship between Jayant Agro stock current value and its past values and can show if there is a momentum factor associated with investing in Jayant Agro Organics.
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 Jayant Stock
Jayant Agro financial ratios help investors to determine whether Jayant 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 Jayant with respect to the benefits of owning Jayant Agro security.