J Sainsbury Plc Stock Market Value
| JSAIY Stock | USD 12.96 0.05 0.39% |
| Symbol | JSAIY |
J Sainsbury '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 J Sainsbury's otc 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 J Sainsbury.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in J Sainsbury on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding J Sainsbury PLC or generate 0.0% return on investment in J Sainsbury over 690 days. J Sainsbury is related to or competes with Natural Grocers, Grocery Outlet, Village Super, Ingles Markets, and Albertsons Companies. J Sainsbury plc, together with its subsidiaries, engages in the food, general merchandise and clothing retailing, and fi... More
J Sainsbury 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 J Sainsbury's otc 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 J Sainsbury PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 7.68 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 1.78 |
J Sainsbury Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for J Sainsbury's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as J Sainsbury's standard deviation. In reality, there are many statistical measures that can use J Sainsbury historical prices to predict the future J Sainsbury's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (1.62) |
J Sainsbury PLC Backtested Returns
J Sainsbury PLC holds Efficiency (Sharpe) Ratio of -0.17, which attests that the company had a -0.17% return per unit of volatility over the last 3 months. J Sainsbury PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out J Sainsbury's coefficient of variation of (729.79), and Market Risk Adjusted Performance of (1.61) to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, J Sainsbury's returns are expected to increase less than the market. However, during the bear market, the loss of holding J Sainsbury is expected to be smaller as well. At this point, J Sainsbury PLC has a negative expected return of -0.24%. Please make sure to check out J Sainsbury's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if J Sainsbury PLC performance from the past will be repeated sooner or later.
Auto-correlation | -0.28 |
Weak reverse predictability
J Sainsbury PLC has weak reverse predictability. Overlapping area represents the amount of predictability between J Sainsbury time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 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 J Sainsbury PLC price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current J Sainsbury price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 1.08 |
J Sainsbury PLC lagged returns against current returns
Autocorrelation, which is J Sainsbury otc 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 J Sainsbury's otc stock expected returns. We can calculate the autocorrelation of J Sainsbury returns to help us make a trade decision. For example, suppose you find that J Sainsbury has exhibited high autocorrelation historically, and you observe that the otc 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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J Sainsbury 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 J Sainsbury otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if J Sainsbury otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in J Sainsbury otc stock over time.
Current vs Lagged Prices |
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J Sainsbury Lagged Returns
When evaluating J Sainsbury's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of J Sainsbury otc stock have on its future price. J Sainsbury 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, J Sainsbury autocorrelation shows the relationship between J Sainsbury otc stock current value and its past values and can show if there is a momentum factor associated with investing in J Sainsbury PLC.
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 JSAIY OTC Stock Analysis
When running J Sainsbury's price analysis, check to measure J Sainsbury'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 J Sainsbury is operating at the current time. Most of J Sainsbury's value examination focuses on studying past and present price action to predict the probability of J Sainsbury's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move J Sainsbury's price. Additionally, you may evaluate how the addition of J Sainsbury to your portfolios can decrease your overall portfolio volatility.