JD Food (Thailand) Market Value
| JDF Stock | 2.04 0.06 2.86% |
| Symbol | JDF |
JD Food '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 JD Food'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 JD Food.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in JD Food on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding JD Food PCL or generate 0.0% return on investment in JD Food over 30 days. JD Food is related to or competes with Carabao Group, Jay Mart, Gulf Energy, KCE Electronics, and Mega Lifesciences. More
JD Food 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 JD Food'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 JD Food PCL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 9.78 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 2.0 |
JD Food Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JD Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JD Food's standard deviation. In reality, there are many statistical measures that can use JD Food historical prices to predict the future JD Food's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (26.33) |
JD Food PCL Backtested Returns
JD Food PCL retains Efficiency (Sharpe Ratio) of -0.082, which attests that the entity had a -0.082% return per unit of price deviation over the last 3 months. JD Food exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JD Food's Information Ratio of (0.15), coefficient of variation of (1,246), and Market Risk Adjusted Performance of (26.32) to validate the risk estimate we provide. The company owns a Beta (Systematic Risk) of 0.0057, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JD Food's returns are expected to increase less than the market. However, during the bear market, the loss of holding JD Food is expected to be smaller as well. At this point, JD Food PCL has a negative expected return of -0.14%. Please make sure to check out JD Food's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if JD Food PCL performance from the past will be repeated sooner or later.
Auto-correlation | -0.91 |
Near perfect reversele predictability
JD Food PCL has near perfect reversele predictability. Overlapping area represents the amount of predictability between JD Food 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 JD Food PCL price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current JD Food price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.91 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
JD Food PCL lagged returns against current returns
Autocorrelation, which is JD Food 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 JD Food's stock expected returns. We can calculate the autocorrelation of JD Food returns to help us make a trade decision. For example, suppose you find that JD Food 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 |
JD Food 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 JD Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JD Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JD Food stock over time.
Current vs Lagged Prices |
| Timeline |
JD Food Lagged Returns
When evaluating JD Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JD Food stock have on its future price. JD Food 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, JD Food autocorrelation shows the relationship between JD Food stock current value and its past values and can show if there is a momentum factor associated with investing in JD Food PCL.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in JDF Stock
JD Food financial ratios help investors to determine whether JDF 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 JDF with respect to the benefits of owning JD Food security.