J Sainsbury Plc Stock Market Value
| JSNSF Stock | USD 3.55 0.52 17.16% |
| Symbol | JSNSF |
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.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in J Sainsbury on October 27, 2024 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 30 days. J Sainsbury is related to or competes with Kesko Oyj, Carrefour, Carrefour, J Sainsbury, Tesco PLC, Tesco PLC, and Ocado Group. 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 | (0.13) | |||
| Maximum Drawdown | 24.99 | |||
| Value At Risk | (8.20) | |||
| Potential Upside | 1.8 |
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 | (0.06) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | 6.49 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of J Sainsbury'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.
J Sainsbury plc Backtested Returns
J Sainsbury plc holds Efficiency (Sharpe) Ratio of -0.0135, which attests that the company had a -0.0135% return per unit of volatility over the last 3 months. J Sainsbury plc exposes twenty-one 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 (1,119), and Market Risk Adjusted Performance of 6.5 to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of -0.05, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning J Sainsbury are expected to decrease at a much lower rate. During the bear market, J Sainsbury is likely to outperform the market. At this point, J Sainsbury plc has a negative expected return of -0.0571%. Please make sure to check out J Sainsbury's jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to decide if J Sainsbury plc performance from the past will be repeated sooner or later.
Auto-correlation | 0.14 |
Insignificant predictability
J Sainsbury plc has insignificant predictability. Overlapping area represents the amount of predictability between J Sainsbury 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 J Sainsbury plc price movement. The serial correlation of 0.14 indicates that less than 14.0% of current J Sainsbury price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
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 |
| Timeline |
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 |
| Timeline |
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 |
Currently Active Assets on Macroaxis
Other Information on Investing in JSNSF OTC Stock
J Sainsbury financial ratios help investors to determine whether JSNSF OTC 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 JSNSF with respect to the benefits of owning J Sainsbury security.