Jpx Global Stock Market Value
| JPEX Stock | USD 0.0001 0.00 0.00% |
| Symbol | JPX |
JPX Global '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 JPX Global's pink sheet 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 JPX Global.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in JPX Global on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding JPX Global or generate 0.0% return on investment in JPX Global over 30 days. JPX Global is related to or competes with BQE Water, BluMetric Environmental, and Agilyx AS. JPX Global, Inc., a development stage company, intends to provide waste management services primarily in Mexico More
JPX Global 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 JPX Global's pink sheet 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 JPX Global upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1414 | |||
| Maximum Drawdown | 335.71 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 100.0 |
JPX Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPX Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPX Global's standard deviation. In reality, there are many statistical measures that can use JPX Global historical prices to predict the future JPX Global's volatility.| Risk Adjusted Performance | 0.1201 | |||
| Jensen Alpha | 6.72 | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (3.78) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JPX Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
JPX Global Backtested Returns
JPX Global is out of control given 3 months investment horizon. JPX Global holds Efficiency (Sharpe) Ratio of 0.15, which attests that the entity had a 0.15% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for eighteen different technical indicators, which can help you to evaluate if expected returns of 6.84% are justified by taking the suggested risk. Use JPX Global market risk adjusted performance of (3.77), and Risk Adjusted Performance of 0.1201 to evaluate company specific risk that cannot be diversified away. JPX Global holds a performance score of 11 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.72, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning JPX Global are expected to decrease by larger amounts. On the other hand, during market turmoil, JPX Global is expected to outperform it. Use JPX Global market risk adjusted performance, jensen alpha, as well as the relationship between the Jensen Alpha and rate of daily change , to analyze future returns on JPX Global.
Auto-correlation | 0.24 |
Weak predictability
JPX Global has weak predictability. Overlapping area represents the amount of predictability between JPX Global time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 JPX Global price movement. The serial correlation of 0.24 indicates that over 24.0% of current JPX Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
JPX Global lagged returns against current returns
Autocorrelation, which is JPX Global pink sheet'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 JPX Global's pink sheet expected returns. We can calculate the autocorrelation of JPX Global returns to help us make a trade decision. For example, suppose you find that JPX Global has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
JPX Global 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 JPX Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPX Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPX Global pink sheet over time.
Current vs Lagged Prices |
| Timeline |
JPX Global Lagged Returns
When evaluating JPX Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPX Global pink sheet have on its future price. JPX Global 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, JPX Global autocorrelation shows the relationship between JPX Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in JPX Global.
Regressed Prices |
| Timeline |
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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 JPX Pink Sheet Analysis
When running JPX Global's price analysis, check to measure JPX Global'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 JPX Global is operating at the current time. Most of JPX Global's value examination focuses on studying past and present price action to predict the probability of JPX Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JPX Global's price. Additionally, you may evaluate how the addition of JPX Global to your portfolios can decrease your overall portfolio volatility.