JSW Energy (India) Market Value
| JSWENERGY | 654.65 8.15 1.23% |
| Symbol | JSW |
JSW 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 JSW 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 JSW Energy.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in JSW Energy on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding JSW Energy Limited or generate 0.0% return on investment in JSW Energy over 540 days. JSW Energy is related to or competes with Aban Offshore, VIP Clothing, Datamatics Global, Shaily Engineering, Elgi Rubber, Zodiac Clothing, and Iris Clothings. JSW Energy is entity of India. It is traded as Stock on NSE exchange. More
JSW 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 JSW 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 JSW Energy Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 11.06 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 4.72 |
JSW Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JSW Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JSW Energy's standard deviation. In reality, there are many statistical measures that can use JSW Energy historical prices to predict the future JSW Energy's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.68) |
JSW Energy Limited Backtested Returns
JSW Energy Limited holds Efficiency (Sharpe) Ratio of -0.0371, which attests that the entity had a -0.0371% return per unit of standard deviation over the last 3 months. JSW Energy Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JSW Energy's market risk adjusted performance of (0.67), and Risk Adjusted Performance of (0.04) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JSW Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding JSW Energy is expected to be smaller as well. At this point, JSW Energy Limited has a negative expected return of -0.0893%. Please make sure to check out JSW Energy's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if JSW Energy Limited performance from the past will be repeated at some future point.
Auto-correlation | 0.75 |
Good predictability
JSW Energy Limited has good predictability. Overlapping area represents the amount of predictability between JSW Energy time series from 9th of June 2023 to 5th of March 2024 and 5th of March 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 JSW Energy Limited price movement. The serial correlation of 0.75 indicates that around 75.0% of current JSW Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 5570.45 |
JSW Energy Limited lagged returns against current returns
Autocorrelation, which is JSW 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 JSW Energy's stock expected returns. We can calculate the autocorrelation of JSW Energy returns to help us make a trade decision. For example, suppose you find that JSW 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 |
JSW 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 JSW Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JSW Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JSW Energy stock over time.
Current vs Lagged Prices |
| Timeline |
JSW Energy Lagged Returns
When evaluating JSW Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JSW Energy stock have on its future price. JSW 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, JSW Energy autocorrelation shows the relationship between JSW Energy stock current value and its past values and can show if there is a momentum factor associated with investing in JSW Energy Limited.
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 JSW Stock Analysis
When running JSW Energy's price analysis, check to measure JSW Energy'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 JSW Energy is operating at the current time. Most of JSW Energy's value examination focuses on studying past and present price action to predict the probability of JSW Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JSW Energy's price. Additionally, you may evaluate how the addition of JSW Energy to your portfolios can decrease your overall portfolio volatility.