Jeudan (Denmark) Market Value
| JDAN Stock | DKK 211.00 2.00 0.96% |
| Symbol | Jeudan |
Jeudan '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 Jeudan'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 Jeudan.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Jeudan on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Jeudan or generate 0.0% return on investment in Jeudan over 690 days. Jeudan is related to or competes with Schouw, Alm Brand, and DFDS AS. The company invests in and operates office, residential, and retail properties More
Jeudan 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 Jeudan'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 Jeudan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.96 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 9.53 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 2.07 |
Jeudan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jeudan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jeudan's standard deviation. In reality, there are many statistical measures that can use Jeudan historical prices to predict the future Jeudan's volatility.| Risk Adjusted Performance | 0.0217 | |||
| Jensen Alpha | 0.0179 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.5035 |
Jeudan Backtested Returns
As of now, Jeudan Stock is very steady. Jeudan holds Efficiency (Sharpe) Ratio of 0.032, which attests that the entity had a 0.032% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Jeudan, which you can use to evaluate the volatility of the firm. Please check out Jeudan's Market Risk Adjusted Performance of 0.5135, risk adjusted performance of 0.0217, and Downside Deviation of 1.96 to validate if the risk estimate we provide is consistent with the expected return of 0.0493%. Jeudan has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0462, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jeudan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jeudan is expected to be smaller as well. Jeudan right now retains a risk of 1.54%. Please check out Jeudan maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Jeudan will be following its current trending patterns.
Auto-correlation | -0.35 |
Poor reverse predictability
Jeudan has poor reverse predictability. Overlapping area represents the amount of predictability between Jeudan time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 Jeudan price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Jeudan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 138.19 |
Jeudan lagged returns against current returns
Autocorrelation, which is Jeudan 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 Jeudan's stock expected returns. We can calculate the autocorrelation of Jeudan returns to help us make a trade decision. For example, suppose you find that Jeudan 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 |
Jeudan 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 Jeudan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jeudan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jeudan stock over time.
Current vs Lagged Prices |
| Timeline |
Jeudan Lagged Returns
When evaluating Jeudan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jeudan stock have on its future price. Jeudan 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, Jeudan autocorrelation shows the relationship between Jeudan stock current value and its past values and can show if there is a momentum factor associated with investing in Jeudan.
Regressed Prices |
| Timeline |
Other Information on Investing in Jeudan Stock
Jeudan financial ratios help investors to determine whether Jeudan 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 Jeudan with respect to the benefits of owning Jeudan security.