Jerónimo Martins (Germany) Market Value
| JEM Stock | EUR 18.34 0.03 0.16% |
| Symbol | Jerónimo |
Jerónimo Martins '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 Jerónimo Martins' 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 Jerónimo Martins.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Jerónimo Martins on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Jernimo Martins SGPS or generate 0.0% return on investment in Jerónimo Martins over 180 days. Jerónimo Martins is related to or competes with Performance Food, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, Talanx AG, and Identiv. Jernimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Co... More
Jerónimo Martins 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 Jerónimo Martins' 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 Jernimo Martins SGPS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.5 | |||
| Information Ratio | 0.0213 | |||
| Maximum Drawdown | 10.55 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.7 |
Jerónimo Martins Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jerónimo Martins' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jerónimo Martins' standard deviation. In reality, there are many statistical measures that can use Jerónimo Martins historical prices to predict the future Jerónimo Martins' volatility.| Risk Adjusted Performance | 0.0794 | |||
| Jensen Alpha | 0.198 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.026 | |||
| Treynor Ratio | (0.68) |
Jernimo Martins SGPS Backtested Returns
At this point, Jerónimo Martins is not too volatile. Jernimo Martins SGPS holds Efficiency (Sharpe) Ratio of 0.0953, which attests that the entity had a 0.0953% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jernimo Martins SGPS, which you can use to evaluate the volatility of the firm. Please check out Jerónimo Martins' Market Risk Adjusted Performance of (0.67), risk adjusted performance of 0.0794, and Downside Deviation of 1.5 to validate if the risk estimate we provide is consistent with the expected return of 0.18%. Jerónimo Martins has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jerónimo Martins are expected to decrease at a much lower rate. During the bear market, Jerónimo Martins is likely to outperform the market. Jernimo Martins SGPS right now retains a risk of 1.84%. Please check out Jerónimo Martins potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if Jerónimo Martins will be following its current trending patterns.
Auto-correlation | -0.59 |
Good reverse predictability
Jernimo Martins SGPS has good reverse predictability. Overlapping area represents the amount of predictability between Jerónimo Martins time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Jernimo Martins SGPS price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Jerónimo Martins price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.51 |
Jernimo Martins SGPS lagged returns against current returns
Autocorrelation, which is Jerónimo Martins 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 Jerónimo Martins' stock expected returns. We can calculate the autocorrelation of Jerónimo Martins returns to help us make a trade decision. For example, suppose you find that Jerónimo Martins 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 |
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Jerónimo Martins 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 Jerónimo Martins stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jerónimo Martins stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jerónimo Martins stock over time.
Current vs Lagged Prices |
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Jerónimo Martins Lagged Returns
When evaluating Jerónimo Martins' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jerónimo Martins stock have on its future price. Jerónimo Martins 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, Jerónimo Martins autocorrelation shows the relationship between Jerónimo Martins stock current value and its past values and can show if there is a momentum factor associated with investing in Jernimo Martins SGPS.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Jerónimo Stock
Jerónimo Martins financial ratios help investors to determine whether Jerónimo 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 Jerónimo with respect to the benefits of owning Jerónimo Martins security.