Jacquet Metal (France) Market Value
| JCQ Stock | EUR 15.54 0.36 2.26% |
| Symbol | Jacquet |
Jacquet Metal '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 Jacquet Metal'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 Jacquet Metal.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Jacquet Metal on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Jacquet Metal Service or generate 0.0% return on investment in Jacquet Metal over 90 days. Jacquet Metal is related to or competes with Prodways Group, Claranova, DBV Technologies, Manitou BF, Ossiam Minimum, Ekinops SA, and Orapi SA. Jacquet Metals SA engages in the distribution of specialty steels More
Jacquet Metal 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 Jacquet Metal'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 Jacquet Metal Service upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 8.94 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 3.08 |
Jacquet Metal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jacquet Metal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jacquet Metal's standard deviation. In reality, there are many statistical measures that can use Jacquet Metal historical prices to predict the future Jacquet Metal's volatility.| Risk Adjusted Performance | 0.0368 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0845 |
Jacquet Metal Service Backtested Returns
At this point, Jacquet Metal is very steady. Jacquet Metal Service holds Efficiency (Sharpe) Ratio of 0.0478, which attests that the entity had a 0.0478% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Jacquet Metal Service, which you can use to evaluate the volatility of the firm. Please check out Jacquet Metal's Market Risk Adjusted Performance of 0.0945, downside deviation of 1.77, and Risk Adjusted Performance of 0.0368 to validate if the risk estimate we provide is consistent with the expected return of 0.0785%. Jacquet Metal has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Jacquet Metal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jacquet Metal is expected to be smaller as well. Jacquet Metal Service right now retains a risk of 1.64%. Please check out Jacquet Metal treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Jacquet Metal will be following its current trending patterns.
Auto-correlation | -0.82 |
Excellent reverse predictability
Jacquet Metal Service has excellent reverse predictability. Overlapping area represents the amount of predictability between Jacquet Metal time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Jacquet Metal Service price movement. The serial correlation of -0.82 indicates that around 82.0% of current Jacquet Metal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Jacquet Metal Service lagged returns against current returns
Autocorrelation, which is Jacquet Metal 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 Jacquet Metal's stock expected returns. We can calculate the autocorrelation of Jacquet Metal returns to help us make a trade decision. For example, suppose you find that Jacquet Metal 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 |
Jacquet Metal 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 Jacquet Metal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jacquet Metal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jacquet Metal stock over time.
Current vs Lagged Prices |
| Timeline |
Jacquet Metal Lagged Returns
When evaluating Jacquet Metal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jacquet Metal stock have on its future price. Jacquet Metal 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, Jacquet Metal autocorrelation shows the relationship between Jacquet Metal stock current value and its past values and can show if there is a momentum factor associated with investing in Jacquet Metal Service.
Regressed Prices |
| Timeline |
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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 Jacquet Stock
Jacquet Metal financial ratios help investors to determine whether Jacquet 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 Jacquet with respect to the benefits of owning Jacquet Metal security.