St Joe (Germany) Market Value
| JOE Stock | EUR 48.60 0.80 1.67% |
| Symbol | JOE |
St Joe '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 St Joe'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 St Joe.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in St Joe on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding St Joe Company or generate 0.0% return on investment in St Joe over 90 days. St Joe is related to or competes with NH HOTEL, Park Hotels, HYATT HOTELS-A, Wyndham Hotels, MINCO SILVER, and Pebblebrook Hotel. Joe Company, together with its subsidiaries, operates as a real estate development, asset management, and operating comp... More
St Joe 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 St Joe'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 St Joe Company upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 8.25 | |||
| Value At Risk | (2.44) | |||
| Potential Upside | 1.93 |
St Joe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for St Joe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as St Joe's standard deviation. In reality, there are many statistical measures that can use St Joe historical prices to predict the future St Joe's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.20) |
St Joe Company Backtested Returns
St Joe Company retains Efficiency (Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of price deviation over the last 3 months. St Joe exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate St Joe's Standard Deviation of 1.5, mean deviation of 0.9735, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, St Joe's returns are expected to increase less than the market. However, during the bear market, the loss of holding St Joe is expected to be smaller as well. At this point, St Joe Company has a negative expected return of -0.16%. Please make sure to validate St Joe's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if St Joe Company performance from the past will be repeated at future time.
Auto-correlation | -0.1 |
Very weak reverse predictability
St Joe Company has very weak reverse predictability. Overlapping area represents the amount of predictability between St Joe time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 St Joe Company price movement. The serial correlation of -0.1 indicates that less than 10.0% of current St Joe price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 7.28 |
St Joe Company lagged returns against current returns
Autocorrelation, which is St Joe 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 St Joe's stock expected returns. We can calculate the autocorrelation of St Joe returns to help us make a trade decision. For example, suppose you find that St Joe 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 |
St Joe 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 St Joe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if St Joe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in St Joe stock over time.
Current vs Lagged Prices |
| Timeline |
St Joe Lagged Returns
When evaluating St Joe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of St Joe stock have on its future price. St Joe 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, St Joe autocorrelation shows the relationship between St Joe stock current value and its past values and can show if there is a momentum factor associated with investing in St Joe Company.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in JOE Stock
When determining whether St Joe Company is a strong investment it is important to analyze St Joe's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact St Joe's future performance. For an informed investment choice regarding JOE Stock, refer to the following important reports:Check out St Joe Correlation, St Joe Volatility and St Joe Alpha and Beta module to complement your research on St Joe. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
St Joe 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.