Jadestone Energy (UK) Market Value
| JSE Stock | 25.00 0.50 2.04% |
| Symbol | Jadestone |
Jadestone Energy '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 Jadestone Energy'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 Jadestone Energy.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Jadestone Energy on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Jadestone Energy or generate 0.0% return on investment in Jadestone Energy over 180 days. Jadestone Energy is related to or competes with Ally Financial, Hochschild Mining, Sydbank, Metals Exploration, Sparebank, Discover Financial, and Ameriprise Financial. Jadestone Energy is entity of United Kingdom More
Jadestone Energy 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 Jadestone Energy'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 Jadestone Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 13.95 | |||
| Value At Risk | (4.21) | |||
| Potential Upside | 3.85 |
Jadestone Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jadestone Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jadestone Energy's standard deviation. In reality, there are many statistical measures that can use Jadestone Energy historical prices to predict the future Jadestone Energy's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.65) | |||
| Treynor Ratio | 0.3154 |
Jadestone Energy Backtested Returns
Jadestone Energy holds Efficiency (Sharpe) Ratio of -0.11, which attests that the entity had a -0.11% return per unit of risk over the last 3 months. Jadestone Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jadestone Energy's Market Risk Adjusted Performance of 0.3254, standard deviation of 2.37, and Risk Adjusted Performance of (0.07) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Jadestone Energy are expected to decrease at a much lower rate. During the bear market, Jadestone Energy is likely to outperform the market. At this point, Jadestone Energy has a negative expected return of -0.25%. Please make sure to check out Jadestone Energy's standard deviation, maximum drawdown, kurtosis, as well as the relationship between the total risk alpha and potential upside , to decide if Jadestone Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Jadestone Energy has good predictability. Overlapping area represents the amount of predictability between Jadestone Energy time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Jadestone Energy price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Jadestone Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 5.65 |
Jadestone Energy lagged returns against current returns
Autocorrelation, which is Jadestone Energy 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 Jadestone Energy's stock expected returns. We can calculate the autocorrelation of Jadestone Energy returns to help us make a trade decision. For example, suppose you find that Jadestone Energy 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 |
Jadestone Energy 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 Jadestone Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jadestone Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jadestone Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Jadestone Energy Lagged Returns
When evaluating Jadestone Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jadestone Energy stock have on its future price. Jadestone Energy 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, Jadestone Energy autocorrelation shows the relationship between Jadestone Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Jadestone Energy.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Jadestone Stock
Jadestone Energy financial ratios help investors to determine whether Jadestone Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jadestone with respect to the benefits of owning Jadestone Energy security.