Jumia Technologies Ag Stock Market Value
| JMIA Stock | USD 3.80 0.16 4.40% |
| Symbol | Jumia |
Jumia Technologies Price To Book Ratio
Is Broadline Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jumia Technologies. If investors know Jumia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jumia Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.81) | Revenue Per Share 1.847 | Quarterly Revenue Growth (0.13) | Return On Assets (0.15) | Return On Equity (1.02) |
The market value of Jumia Technologies is measured differently than its book value, which is the value of Jumia that is recorded on the company's balance sheet. Investors also form their own opinion of Jumia Technologies' value that differs from its market value or its book value, called intrinsic value, which is Jumia Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jumia Technologies' market value can be influenced by many factors that don't directly affect Jumia Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jumia Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jumia Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jumia Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Jumia Technologies '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 Jumia Technologies' 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 Jumia Technologies.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Jumia Technologies on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Jumia Technologies AG or generate 0.0% return on investment in Jumia Technologies over 30 days. Jumia Technologies is related to or competes with Sea, Wayfair, Chewy, and Vipshop Holdings. Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the U... More
Jumia Technologies 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 Jumia Technologies' 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 Jumia Technologies AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 28.82 | |||
| Value At Risk | (6.04) | |||
| Potential Upside | 5.64 |
Jumia Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jumia Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jumia Technologies' standard deviation. In reality, there are many statistical measures that can use Jumia Technologies historical prices to predict the future Jumia Technologies' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.64) | |||
| Total Risk Alpha | (1.07) | |||
| Treynor Ratio | (0.18) |
Jumia Technologies Backtested Returns
Jumia Technologies holds Efficiency (Sharpe) Ratio of -0.0695, which attests that the entity had a -0.0695% return per unit of risk over the last 3 months. Jumia Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jumia Technologies' Market Risk Adjusted Performance of (0.17), standard deviation of 4.38, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 2.14, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jumia Technologies will likely underperform. At this point, Jumia Technologies has a negative expected return of -0.3%. Please make sure to check out Jumia Technologies' maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Jumia Technologies performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Jumia Technologies AG has good predictability. Overlapping area represents the amount of predictability between Jumia Technologies time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Jumia Technologies price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Jumia Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Jumia Technologies lagged returns against current returns
Autocorrelation, which is Jumia Technologies 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 Jumia Technologies' stock expected returns. We can calculate the autocorrelation of Jumia Technologies returns to help us make a trade decision. For example, suppose you find that Jumia Technologies 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 |
Jumia Technologies 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 Jumia Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jumia Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jumia Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Jumia Technologies Lagged Returns
When evaluating Jumia Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jumia Technologies stock have on its future price. Jumia Technologies 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, Jumia Technologies autocorrelation shows the relationship between Jumia Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Jumia Technologies AG.
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.When determining whether Jumia Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jumia Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jumia Technologies Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jumia Technologies Ag Stock:Check out Jumia Technologies Correlation, Jumia Technologies Volatility and Jumia Technologies Alpha and Beta module to complement your research on Jumia Technologies. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Jumia Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.