Job Solution (Sweden) Market Value
| JOBS Stock | 22.40 1.00 4.27% |
| Symbol | Job |
Job Solution '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 Job Solution'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 Job Solution.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Job Solution on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Job Solution Sweden or generate 0.0% return on investment in Job Solution over 270 days. Job Solution is related to or competes with LL Lucky, DevPort AB, Waystream Holding, Inwido AB, and Arctic Paper. More
Job Solution 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 Job Solution'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 Job Solution Sweden upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 19.54 | |||
| Value At Risk | (5.65) | |||
| Potential Upside | 4.39 |
Job Solution Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Job Solution's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Job Solution's standard deviation. In reality, there are many statistical measures that can use Job Solution historical prices to predict the future Job Solution's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.53) |
Job Solution Sweden Backtested Returns
Job Solution Sweden holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Job Solution Sweden exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Job Solution's Market Risk Adjusted Performance of (0.52), standard deviation of 3.1, and Risk Adjusted Performance of (0.06) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.57, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Job Solution's returns are expected to increase less than the market. However, during the bear market, the loss of holding Job Solution is expected to be smaller as well. At this point, Job Solution Sweden has a negative expected return of -0.36%. Please make sure to check out Job Solution's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Job Solution Sweden performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.45 |
Modest reverse predictability
Job Solution Sweden has modest reverse predictability. Overlapping area represents the amount of predictability between Job Solution time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 Job Solution Sweden price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Job Solution price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 5.48 |
Job Solution Sweden lagged returns against current returns
Autocorrelation, which is Job Solution 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 Job Solution's stock expected returns. We can calculate the autocorrelation of Job Solution returns to help us make a trade decision. For example, suppose you find that Job Solution 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 |
Job Solution 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 Job Solution stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Job Solution stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Job Solution stock over time.
Current vs Lagged Prices |
| Timeline |
Job Solution Lagged Returns
When evaluating Job Solution's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Job Solution stock have on its future price. Job Solution 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, Job Solution autocorrelation shows the relationship between Job Solution stock current value and its past values and can show if there is a momentum factor associated with investing in Job Solution Sweden.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Job Stock Analysis
When running Job Solution's price analysis, check to measure Job Solution'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 Job Solution is operating at the current time. Most of Job Solution's value examination focuses on studying past and present price action to predict the probability of Job Solution's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Job Solution's price. Additionally, you may evaluate how the addition of Job Solution to your portfolios can decrease your overall portfolio volatility.