Jiangsu Expressway Stock Market Value
| JEXYF Stock | USD 0.98 0.00 0.00% |
| Symbol | Jiangsu |
Jiangsu Expressway '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 Jiangsu Expressway's pink sheet 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 Jiangsu Expressway.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Jiangsu Expressway on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Jiangsu Expressway or generate 0.0% return on investment in Jiangsu Expressway over 720 days. Jiangsu Expressway is related to or competes with Verra Mobility, HUMANA, Barloworld, Morningstar Unconstrained, Thrivent High, High-yield Municipal, and Via Renewables. Jiangsu Expressway Company Limited invests in, constructs, operates, and manages toll roads and bridges in the Peoples R... More
Jiangsu Expressway 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 Jiangsu Expressway's pink sheet 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 Jiangsu Expressway upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 28.49 | |||
| Value At Risk | (3.12) |
Jiangsu Expressway Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangsu Expressway's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangsu Expressway's standard deviation. In reality, there are many statistical measures that can use Jiangsu Expressway historical prices to predict the future Jiangsu Expressway's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 0.4968 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jiangsu Expressway's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Jiangsu Expressway Backtested Returns
At this point, Jiangsu Expressway is dangerous. Jiangsu Expressway holds Efficiency (Sharpe) Ratio of 0.0012, which attests that the entity had a 0.0012% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Jiangsu Expressway, which you can use to evaluate the volatility of the firm. Please check out Jiangsu Expressway's Standard Deviation of 2.77, market risk adjusted performance of 0.5068, and Risk Adjusted Performance of (0.02) to validate if the risk estimate we provide is consistent with the expected return of 0.0032%. The company retains a Market Volatility (i.e., Beta) of -0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jiangsu Expressway are expected to decrease at a much lower rate. During the bear market, Jiangsu Expressway is likely to outperform the market. Jiangsu Expressway right now retains a risk of 2.74%. Please check out Jiangsu Expressway market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis , to decide if Jiangsu Expressway will be following its current trending patterns.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Jiangsu Expressway has insignificant reverse predictability. Overlapping area represents the amount of predictability between Jiangsu Expressway time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Jiangsu Expressway price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Jiangsu Expressway price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jiangsu Expressway lagged returns against current returns
Autocorrelation, which is Jiangsu Expressway pink sheet'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 Jiangsu Expressway's pink sheet expected returns. We can calculate the autocorrelation of Jiangsu Expressway returns to help us make a trade decision. For example, suppose you find that Jiangsu Expressway has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Jiangsu Expressway 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 Jiangsu Expressway pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jiangsu Expressway pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jiangsu Expressway pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Jiangsu Expressway Lagged Returns
When evaluating Jiangsu Expressway's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jiangsu Expressway pink sheet have on its future price. Jiangsu Expressway 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, Jiangsu Expressway autocorrelation shows the relationship between Jiangsu Expressway pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Jiangsu Expressway.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jiangsu Pink Sheet
Jiangsu Expressway financial ratios help investors to determine whether Jiangsu Pink Sheet 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 Jiangsu with respect to the benefits of owning Jiangsu Expressway security.