Jungfraubahn Holding (Switzerland) Market Value
| JFN Stock | CHF 168.40 1.20 0.71% |
| Symbol | Jungfraubahn |
Jungfraubahn Holding '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 Jungfraubahn Holding'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 Jungfraubahn Holding.
| 01/07/2024 |
| 12/02/2024 |
If you would invest 0.00 in Jungfraubahn Holding on January 7, 2024 and sell it all today you would earn a total of 0.00 from holding Jungfraubahn Holding AG or generate 0.0% return on investment in Jungfraubahn Holding over 330 days. Jungfraubahn Holding is related to or competes with Emmi AG, Flughafen Zurich, Bergbahnen Engelberg, EMS CHEMIE, and Bucher Industries. Jungfraubahn Holding AG, together with its subsidiaries, operates excursion railways and winter sports facilities in Jun... More
Jungfraubahn Holding 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 Jungfraubahn Holding'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 Jungfraubahn Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 5.57 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 1.67 |
Jungfraubahn Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jungfraubahn Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jungfraubahn Holding's standard deviation. In reality, there are many statistical measures that can use Jungfraubahn Holding historical prices to predict the future Jungfraubahn Holding's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (3.13) |
Jungfraubahn Holding Backtested Returns
Jungfraubahn Holding holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Jungfraubahn Holding exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jungfraubahn Holding's Risk Adjusted Performance of (0.09), standard deviation of 1.25, and Market Risk Adjusted Performance of (3.12) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0506, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jungfraubahn Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jungfraubahn Holding is expected to be smaller as well. At this point, Jungfraubahn Holding has a negative expected return of -0.15%. Please make sure to check out Jungfraubahn Holding's value at risk, rate of daily change, relative strength index, as well as the relationship between the kurtosis and market facilitation index , to decide if Jungfraubahn Holding performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.89 |
Excellent reverse predictability
Jungfraubahn Holding AG has excellent reverse predictability. Overlapping area represents the amount of predictability between Jungfraubahn Holding time series from 7th of January 2024 to 20th of June 2024 and 20th of June 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 Jungfraubahn Holding price movement. The serial correlation of -0.89 indicates that approximately 89.0% of current Jungfraubahn Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.89 | |
| Spearman Rank Test | -0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 174.49 |
Jungfraubahn Holding lagged returns against current returns
Autocorrelation, which is Jungfraubahn Holding 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 Jungfraubahn Holding's stock expected returns. We can calculate the autocorrelation of Jungfraubahn Holding returns to help us make a trade decision. For example, suppose you find that Jungfraubahn Holding 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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Jungfraubahn Holding 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 Jungfraubahn Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jungfraubahn Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jungfraubahn Holding stock over time.
Current vs Lagged Prices |
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Jungfraubahn Holding Lagged Returns
When evaluating Jungfraubahn Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jungfraubahn Holding stock have on its future price. Jungfraubahn Holding 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, Jungfraubahn Holding autocorrelation shows the relationship between Jungfraubahn Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Jungfraubahn Holding AG.
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 Jungfraubahn Stock Analysis
When running Jungfraubahn Holding's price analysis, check to measure Jungfraubahn Holding'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 Jungfraubahn Holding is operating at the current time. Most of Jungfraubahn Holding's value examination focuses on studying past and present price action to predict the probability of Jungfraubahn Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jungfraubahn Holding's price. Additionally, you may evaluate how the addition of Jungfraubahn Holding to your portfolios can decrease your overall portfolio volatility.