Jeronimo Martins (Portugal) Market Value
| JMT Stock | EUR 18.44 0.06 0.33% |
| Symbol | Jeronimo |
Jeronimo Martins '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 Jeronimo Martins' 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 Jeronimo Martins.
| 03/05/2024 |
| 11/30/2024 |
If you would invest 0.00 in Jeronimo Martins on March 5, 2024 and sell it all today you would earn a total of 0.00 from holding Jeronimo Martins SGPS or generate 0.0% return on investment in Jeronimo Martins over 270 days. Jeronimo Martins is related to or competes with Sonae SGPS, Galp Energia, EDP Energias, Altri SGPS, and Mota Engil. Jernimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Co... More
Jeronimo Martins 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 Jeronimo Martins' 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 Jeronimo Martins SGPS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0139 | |||
| Maximum Drawdown | 10.65 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.69 |
Jeronimo Martins Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jeronimo Martins' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jeronimo Martins' standard deviation. In reality, there are many statistical measures that can use Jeronimo Martins historical prices to predict the future Jeronimo Martins' volatility.| Risk Adjusted Performance | 0.0727 | |||
| Jensen Alpha | 0.1329 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0171 | |||
| Treynor Ratio | 0.9422 |
Jeronimo Martins SGPS Backtested Returns
Currently, Jeronimo Martins SGPS is very steady. Jeronimo Martins SGPS holds Efficiency (Sharpe) Ratio of 0.0913, which attests that the entity had a 0.0913% return per unit of risk over the last 3 months. We have found thirty technical indicators for Jeronimo Martins SGPS, which you can use to evaluate the volatility of the firm. Please check out Jeronimo Martins' Market Risk Adjusted Performance of 0.9522, risk adjusted performance of 0.0727, and Downside Deviation of 1.52 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Jeronimo Martins has a performance score of 7 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.16, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jeronimo Martins' returns are expected to increase less than the market. However, during the bear market, the loss of holding Jeronimo Martins is expected to be smaller as well. Jeronimo Martins SGPS right now retains a risk of 1.87%. Please check out Jeronimo Martins expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Jeronimo Martins will be following its current trending patterns.
Auto-correlation | 0.44 |
Average predictability
Jeronimo Martins SGPS has average predictability. Overlapping area represents the amount of predictability between Jeronimo Martins time series from 5th of March 2024 to 18th of July 2024 and 18th of July 2024 to 30th 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 Jeronimo Martins SGPS price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Jeronimo Martins price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.91 |
Jeronimo Martins SGPS lagged returns against current returns
Autocorrelation, which is Jeronimo Martins 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 Jeronimo Martins' stock expected returns. We can calculate the autocorrelation of Jeronimo Martins returns to help us make a trade decision. For example, suppose you find that Jeronimo Martins 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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Jeronimo Martins 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 Jeronimo Martins stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jeronimo Martins stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jeronimo Martins stock over time.
Current vs Lagged Prices |
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Jeronimo Martins Lagged Returns
When evaluating Jeronimo Martins' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jeronimo Martins stock have on its future price. Jeronimo Martins 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, Jeronimo Martins autocorrelation shows the relationship between Jeronimo Martins stock current value and its past values and can show if there is a momentum factor associated with investing in Jeronimo Martins SGPS.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Jeronimo Stock Analysis
When running Jeronimo Martins' price analysis, check to measure Jeronimo Martins' 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 Jeronimo Martins is operating at the current time. Most of Jeronimo Martins' value examination focuses on studying past and present price action to predict the probability of Jeronimo Martins' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jeronimo Martins' price. Additionally, you may evaluate how the addition of Jeronimo Martins to your portfolios can decrease your overall portfolio volatility.