JHS Svendgaard (India) Market Value
| JHS Stock | 21.90 0.09 0.41% |
| Symbol | JHS |
JHS Svendgaard '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 JHS Svendgaard'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 JHS Svendgaard.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in JHS Svendgaard on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding JHS Svendgaard Laboratories or generate 0.0% return on investment in JHS Svendgaard over 30 days. JHS Svendgaard is related to or competes with Kilitch Drugs, Akums Drugs, Network18 Media, Electronics Mart, Pilani Investment, UTI Asset, and Par Drugs. JHS Svendgaard is entity of India. It is traded as Stock on NSE exchange. More
JHS Svendgaard 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 JHS Svendgaard'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 JHS Svendgaard Laboratories upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 13.92 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 4.77 |
JHS Svendgaard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JHS Svendgaard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JHS Svendgaard's standard deviation. In reality, there are many statistical measures that can use JHS Svendgaard historical prices to predict the future JHS Svendgaard's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (1.04) |
JHS Svendgaard Labor Backtested Returns
JHS Svendgaard Labor holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of volatility over the last 3 months. JHS Svendgaard Labor exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JHS Svendgaard's risk adjusted performance of (0.1), and Market Risk Adjusted Performance of (1.03) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, JHS Svendgaard's returns are expected to increase less than the market. However, during the bear market, the loss of holding JHS Svendgaard is expected to be smaller as well. At this point, JHS Svendgaard Labor has a negative expected return of -0.38%. Please make sure to check out JHS Svendgaard's accumulation distribution, and the relationship between the potential upside and day median price , to decide if JHS Svendgaard Labor performance from the past will be repeated at future time.
Auto-correlation | -0.38 |
Poor reverse predictability
JHS Svendgaard Laboratories has poor reverse predictability. Overlapping area represents the amount of predictability between JHS Svendgaard time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 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 JHS Svendgaard Labor price movement. The serial correlation of -0.38 indicates that just about 38.0% of current JHS Svendgaard price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
JHS Svendgaard Labor lagged returns against current returns
Autocorrelation, which is JHS Svendgaard 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 JHS Svendgaard's stock expected returns. We can calculate the autocorrelation of JHS Svendgaard returns to help us make a trade decision. For example, suppose you find that JHS Svendgaard 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 |
JHS Svendgaard 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 JHS Svendgaard stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JHS Svendgaard stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JHS Svendgaard stock over time.
Current vs Lagged Prices |
| Timeline |
JHS Svendgaard Lagged Returns
When evaluating JHS Svendgaard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JHS Svendgaard stock have on its future price. JHS Svendgaard 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, JHS Svendgaard autocorrelation shows the relationship between JHS Svendgaard stock current value and its past values and can show if there is a momentum factor associated with investing in JHS Svendgaard Laboratories.
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.Other Information on Investing in JHS Stock
JHS Svendgaard financial ratios help investors to determine whether JHS 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 JHS with respect to the benefits of owning JHS Svendgaard security.