JSL SA (Brazil) Market Value
| JSLG3 Stock | BRL 7.60 0.32 4.40% |
| Symbol | JSL |
JSL SA '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 JSL SA'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 JSL SA.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in JSL SA on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding JSL SA or generate 0.0% return on investment in JSL SA over 30 days. JSL SA is related to or competes with METISA Metalrgica, Lupatech, Recrusul, Fras Le, BTG Pactual, Telefonaktiebolaget, and Cable One. JSL S.A., together with its subsidiaries, provides logistics services in Brazil and internationally More
JSL SA 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 JSL SA'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 JSL SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 15.79 | |||
| Value At Risk | (4.94) | |||
| Potential Upside | 3.96 |
JSL SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JSL SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JSL SA's standard deviation. In reality, there are many statistical measures that can use JSL SA historical prices to predict the future JSL SA's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | (0.41) |
JSL SA Backtested Returns
JSL SA holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of volatility over the last 3 months. JSL SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JSL SA's risk adjusted performance of (0.10), and Market Risk Adjusted Performance of (0.40) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.0, which attests to possible diversification benefits within a given portfolio. JSL SA returns are very sensitive to returns on the market. As the market goes up or down, JSL SA is expected to follow. At this point, JSL SA has a negative expected return of -0.39%. Please make sure to check out JSL SA's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if JSL SA performance from the past will be repeated at future time.
Auto-correlation | -0.11 |
Insignificant reverse predictability
JSL SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between JSL SA 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 JSL SA price movement. The serial correlation of -0.11 indicates that less than 11.0% of current JSL SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
JSL SA lagged returns against current returns
Autocorrelation, which is JSL SA 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 JSL SA's stock expected returns. We can calculate the autocorrelation of JSL SA returns to help us make a trade decision. For example, suppose you find that JSL SA 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 |
JSL SA 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 JSL SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JSL SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JSL SA stock over time.
Current vs Lagged Prices |
| Timeline |
JSL SA Lagged Returns
When evaluating JSL SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JSL SA stock have on its future price. JSL SA 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, JSL SA autocorrelation shows the relationship between JSL SA stock current value and its past values and can show if there is a momentum factor associated with investing in JSL SA.
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 JSL Stock Analysis
When running JSL SA's price analysis, check to measure JSL SA'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 JSL SA is operating at the current time. Most of JSL SA's value examination focuses on studying past and present price action to predict the probability of JSL SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JSL SA's price. Additionally, you may evaluate how the addition of JSL SA to your portfolios can decrease your overall portfolio volatility.