Jeronimo Martins Sgps Stock Market Value
| JRONY Stock | USD 39.11 0.47 1.22% |
| 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' 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 Jeronimo Martins.
| 01/07/2024 |
| 12/02/2024 |
If you would invest 0.00 in Jeronimo Martins on January 7, 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 330 days. Jeronimo Martins is related to or competes with Chefs Warehouse, Mission Produce, United Natural, Andersons, Performance Food, US Foods, and SpartanNash. 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' 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 Jeronimo Martins SGPS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.76 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.06 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 3.32 |
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 | 0.0419 | |||
| Jensen Alpha | 0.0467 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.3282 |
Jeronimo Martins SGPS Backtested Returns
At this stage we consider Jeronimo Pink Sheet to be out of control. Jeronimo Martins SGPS holds Efficiency (Sharpe) Ratio of 0.0471, which attests that the entity had a 0.0471% 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' Downside Deviation of 1.76, risk adjusted performance of 0.0419, and Market Risk Adjusted Performance of 0.3382 to validate if the risk estimate we provide is consistent with the expected return of 0.0865%. Jeronimo Martins has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.23, 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 1.84%. Please check out Jeronimo Martins potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Jeronimo Martins will be following its current trending patterns.
Auto-correlation | 0.17 |
Very weak predictability
Jeronimo Martins SGPS has very weak predictability. Overlapping area represents the amount of predictability between Jeronimo Martins time series from 7th of January 2024 to 20th of June 2024 and 20th of June 2024 to 2nd of December 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 0.17 indicates that over 17.0% of current Jeronimo Martins price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 5.41 |
Jeronimo Martins SGPS lagged returns against current returns
Autocorrelation, which is Jeronimo Martins 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 Jeronimo Martins' pink sheet 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 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 |
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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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jeronimo Martins pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jeronimo Martins pink sheet 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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Jeronimo Martins SGPS.
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 Jeronimo Pink Sheet 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.