Jadroplov (Croatia) Market Value
| JDPL Stock | 7.85 0.35 4.27% |
| Symbol | Jadroplov |
Please note, there is a significant difference between Jadroplov's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jadroplov is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jadroplov's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Jadroplov '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 Jadroplov'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 Jadroplov.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Jadroplov on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Jadroplov dd or generate 0.0% return on investment in Jadroplov over 30 days. Jadroplov is related to or competes with Dalekovod, Zagrebacka Banka, Podravka Prehrambena, and Atlantic Grupa. More
Jadroplov 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 Jadroplov'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 Jadroplov dd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 17.86 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 4.07 |
Jadroplov Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jadroplov's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jadroplov's standard deviation. In reality, there are many statistical measures that can use Jadroplov historical prices to predict the future Jadroplov's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.60) | |||
| Treynor Ratio | 0.4129 |
Jadroplov dd Backtested Returns
Jadroplov dd holds Efficiency (Sharpe) Ratio of -0.0742, which attests that the entity had a -0.0742% return per unit of risk over the last 3 months. Jadroplov dd exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jadroplov's Risk Adjusted Performance of (0.03), market risk adjusted performance of 0.4229, and Standard Deviation of 2.89 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jadroplov are expected to decrease at a much lower rate. During the bear market, Jadroplov is likely to outperform the market. At this point, Jadroplov dd has a negative expected return of -0.17%. Please make sure to check out Jadroplov's coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Jadroplov dd performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.53 |
Modest predictability
Jadroplov dd has modest predictability. Overlapping area represents the amount of predictability between Jadroplov time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Jadroplov dd price movement. The serial correlation of 0.53 indicates that about 53.0% of current Jadroplov price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Jadroplov dd lagged returns against current returns
Autocorrelation, which is Jadroplov 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 Jadroplov's stock expected returns. We can calculate the autocorrelation of Jadroplov returns to help us make a trade decision. For example, suppose you find that Jadroplov 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 |
Jadroplov 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 Jadroplov stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jadroplov stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jadroplov stock over time.
Current vs Lagged Prices |
| Timeline |
Jadroplov Lagged Returns
When evaluating Jadroplov's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jadroplov stock have on its future price. Jadroplov 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, Jadroplov autocorrelation shows the relationship between Jadroplov stock current value and its past values and can show if there is a momentum factor associated with investing in Jadroplov dd.
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.Additional Tools for Jadroplov Stock Analysis
When running Jadroplov's price analysis, check to measure Jadroplov's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Jadroplov is operating at the current time. Most of Jadroplov's value examination focuses on studying past and present price action to predict the probability of Jadroplov's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jadroplov's price. Additionally, you may evaluate how the addition of Jadroplov to your portfolios can decrease your overall portfolio volatility.