Jupiter Life (India) Market Value
| JLHL Stock | 1,521 21.15 1.37% |
| Symbol | Jupiter |
Jupiter Life '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 Jupiter Life'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 Jupiter Life.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Jupiter Life on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Jupiter Life Line or generate 0.0% return on investment in Jupiter Life over 60 days. Jupiter Life is related to or competes with Indian Railway, Cholamandalam Financial, Reliance Industries, Tata Consultancy, and Piramal Enterprises. Jupiter Life is entity of India. It is traded as Stock on NSE exchange. More
Jupiter Life 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 Jupiter Life'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 Jupiter Life Line upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.0414 | |||
| Maximum Drawdown | 8.54 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 3.48 |
Jupiter Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jupiter Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jupiter Life's standard deviation. In reality, there are many statistical measures that can use Jupiter Life historical prices to predict the future Jupiter Life's volatility.| Risk Adjusted Performance | 0.1027 | |||
| Jensen Alpha | 0.2053 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0464 | |||
| Treynor Ratio | (1.03) |
Jupiter Life Line Backtested Returns
Jupiter Life appears to be very steady, given 3 months investment horizon. Jupiter Life Line holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Jupiter Life Line, which you can use to evaluate the volatility of the firm. Please utilize Jupiter Life's Market Risk Adjusted Performance of (1.02), risk adjusted performance of 0.1027, and Downside Deviation of 1.36 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jupiter Life holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.18, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jupiter Life are expected to decrease at a much lower rate. During the bear market, Jupiter Life is likely to outperform the market. Please check Jupiter Life's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Jupiter Life's current trending patterns will revert.
Auto-correlation | -0.81 |
Excellent reverse predictability
Jupiter Life Line has excellent reverse predictability. Overlapping area represents the amount of predictability between Jupiter Life time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th 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 Jupiter Life Line price movement. The serial correlation of -0.81 indicates that around 81.0% of current Jupiter Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 5010.34 |
Jupiter Life Line lagged returns against current returns
Autocorrelation, which is Jupiter Life 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 Jupiter Life's stock expected returns. We can calculate the autocorrelation of Jupiter Life returns to help us make a trade decision. For example, suppose you find that Jupiter Life 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 |
Jupiter Life 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 Jupiter Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jupiter Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jupiter Life stock over time.
Current vs Lagged Prices |
| Timeline |
Jupiter Life Lagged Returns
When evaluating Jupiter Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jupiter Life stock have on its future price. Jupiter Life 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, Jupiter Life autocorrelation shows the relationship between Jupiter Life stock current value and its past values and can show if there is a momentum factor associated with investing in Jupiter Life Line.
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.Additional Tools for Jupiter Stock Analysis
When running Jupiter Life's price analysis, check to measure Jupiter Life'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 Jupiter Life is operating at the current time. Most of Jupiter Life's value examination focuses on studying past and present price action to predict the probability of Jupiter Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jupiter Life's price. Additionally, you may evaluate how the addition of Jupiter Life to your portfolios can decrease your overall portfolio volatility.