Jeld Wen Holding Stock Market Value
| JELD Stock | USD 10.21 0.05 0.49% |
| Symbol | Jeld |
Jeld Wen Holding Price To Book Ratio
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jeld Wen. If investors know Jeld will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jeld Wen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.15) | Earnings Share (1.67) | Revenue Per Share 45.815 | Quarterly Revenue Growth (0.13) | Return On Assets 0.0118 |
The market value of Jeld Wen Holding is measured differently than its book value, which is the value of Jeld that is recorded on the company's balance sheet. Investors also form their own opinion of Jeld Wen's value that differs from its market value or its book value, called intrinsic value, which is Jeld Wen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jeld Wen's market value can be influenced by many factors that don't directly affect Jeld Wen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jeld Wen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jeld Wen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jeld Wen'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.
Jeld Wen '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 Jeld Wen'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 Jeld Wen.
| 05/25/2024 |
| 11/21/2024 |
If you would invest 0.00 in Jeld Wen on May 25, 2024 and sell it all today you would earn a total of 0.00 from holding Jeld Wen Holding or generate 0.0% return on investment in Jeld Wen over 180 days. Jeld Wen is related to or competes with Gibraltar Industries, Quanex Building, Perma Pipe, Interface, Janus International, Apogee Enterprises, and Armstrong World. JELD-WEN Holding, Inc. designs, manufactures, and sells doors and windows primarily in North America, Europe, and Austra... More
Jeld Wen 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 Jeld Wen'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 Jeld Wen Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 37.15 | |||
| Value At Risk | (5.43) | |||
| Potential Upside | 3.93 |
Jeld Wen Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jeld Wen's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jeld Wen's standard deviation. In reality, there are many statistical measures that can use Jeld Wen historical prices to predict the future Jeld Wen's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.22) |
Jeld Wen Holding Backtested Returns
Jeld Wen Holding holds Efficiency (Sharpe) Ratio of -0.099, which attests that the entity had a -0.099% return per unit of risk over the last 3 months. Jeld Wen Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jeld Wen's Standard Deviation of 4.61, market risk adjusted performance of (0.21), and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.56, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jeld Wen will likely underperform. At this point, Jeld Wen Holding has a negative expected return of -0.45%. Please make sure to check out Jeld Wen's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Jeld Wen Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Jeld Wen Holding has virtually no predictability. Overlapping area represents the amount of predictability between Jeld Wen time series from 25th of May 2024 to 23rd of August 2024 and 23rd of August 2024 to 21st 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 Jeld Wen Holding price movement. The serial correlation of 0.02 indicates that only 2.0% of current Jeld Wen price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 3.52 |
Jeld Wen Holding lagged returns against current returns
Autocorrelation, which is Jeld Wen 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 Jeld Wen's stock expected returns. We can calculate the autocorrelation of Jeld Wen returns to help us make a trade decision. For example, suppose you find that Jeld Wen 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 |
Jeld Wen 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 Jeld Wen stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jeld Wen stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jeld Wen stock over time.
Current vs Lagged Prices |
| Timeline |
Jeld Wen Lagged Returns
When evaluating Jeld Wen's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jeld Wen stock have on its future price. Jeld Wen 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, Jeld Wen autocorrelation shows the relationship between Jeld Wen stock current value and its past values and can show if there is a momentum factor associated with investing in Jeld Wen Holding.
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.When determining whether Jeld Wen Holding is a strong investment it is important to analyze Jeld Wen's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Jeld Wen's future performance. For an informed investment choice regarding Jeld Stock, refer to the following important reports:Check out Jeld Wen Correlation, Jeld Wen Volatility and Jeld Wen Alpha and Beta module to complement your research on Jeld Wen. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Jeld Wen technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.