JT ARCH (Czech Republic) Market Value
| JTINA Stock | 1.70 0.01 0.59% |
| Symbol | JTINA |
JT ARCH '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 JT ARCH'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 JT ARCH.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in JT ARCH on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding JT ARCH INVESTMENTS or generate 0.0% return on investment in JT ARCH over 30 days.
JT ARCH 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 JT ARCH'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 JT ARCH INVESTMENTS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.43) | |||
| Maximum Drawdown | 1.2 | |||
| Potential Upside | 0.5988 |
JT ARCH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JT ARCH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JT ARCH's standard deviation. In reality, there are many statistical measures that can use JT ARCH historical prices to predict the future JT ARCH's volatility.| Risk Adjusted Performance | 0.1074 | |||
| Jensen Alpha | 0.0274 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (2.74) |
JT ARCH INVESTMENTS Backtested Returns
Currently, JT ARCH INVESTMENTS is not too volatile. JT ARCH INVESTMENTS retains Efficiency (Sharpe Ratio) of 0.18, which attests that the entity had a 0.18% return per unit of price deviation over the last 3 months. We have found twenty technical indicators for JT ARCH, which you can use to evaluate the volatility of the firm. Please check out JT ARCH's Information Ratio of (0.43), market risk adjusted performance of (2.73), and Coefficient Of Variation of 570.01 to validate if the risk estimate we provide is consistent with the expected return of 0.038%. JT ARCH has a performance score of 14 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0096, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JT ARCH are expected to decrease at a much lower rate. During the bear market, JT ARCH is likely to outperform the market. JT ARCH INVESTMENTS today owns a risk of 0.21%. Please check out JT ARCH INVESTMENTS standard deviation, skewness, price action indicator, as well as the relationship between the jensen alpha and rate of daily change , to decide if JT ARCH INVESTMENTS will be following its current price history.
Auto-correlation | 0.00 |
No correlation between past and present
JT ARCH INVESTMENTS has no correlation between past and present. Overlapping area represents the amount of predictability between JT ARCH time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 JT ARCH INVESTMENTS price movement. The serial correlation of 0.0 indicates that just 0.0% of current JT ARCH price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
JT ARCH INVESTMENTS lagged returns against current returns
Autocorrelation, which is JT ARCH 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 JT ARCH's stock expected returns. We can calculate the autocorrelation of JT ARCH returns to help us make a trade decision. For example, suppose you find that JT ARCH 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 |
JT ARCH 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 JT ARCH stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JT ARCH stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JT ARCH stock over time.
Current vs Lagged Prices |
| Timeline |
JT ARCH Lagged Returns
When evaluating JT ARCH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JT ARCH stock have on its future price. JT ARCH 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, JT ARCH autocorrelation shows the relationship between JT ARCH stock current value and its past values and can show if there is a momentum factor associated with investing in JT ARCH INVESTMENTS.
Regressed Prices |
| Timeline |
Pair Trading with JT ARCH
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if JT ARCH position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in JT ARCH will appreciate offsetting losses from the drop in the long position's value.Moving together with JTINA Stock
Moving against JTINA Stock
The ability to find closely correlated positions to JT ARCH could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace JT ARCH when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back JT ARCH - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling JT ARCH INVESTMENTS to buy it.
The correlation of JT ARCH is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as JT ARCH moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if JT ARCH INVESTMENTS moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for JT ARCH can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for JTINA Stock Analysis
When running JT ARCH's price analysis, check to measure JT ARCH'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 JT ARCH is operating at the current time. Most of JT ARCH's value examination focuses on studying past and present price action to predict the probability of JT ARCH's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JT ARCH's price. Additionally, you may evaluate how the addition of JT ARCH to your portfolios can decrease your overall portfolio volatility.