Jubilant Foodworks (India) Market Value
| JUBLFOOD | 637.65 27.45 4.50% |
| Symbol | Jubilant |
Jubilant Foodworks '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 Jubilant Foodworks' 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 Jubilant Foodworks.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Jubilant Foodworks on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Jubilant Foodworks Limited or generate 0.0% return on investment in Jubilant Foodworks over 390 days. Jubilant Foodworks is related to or competes with Reliance Industries, Oil Natural, ICICI Bank, and Bharti Airtel. Jubilant Foodworks is entity of India. It is traded as Stock on NSE exchange. More
Jubilant Foodworks 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 Jubilant Foodworks' 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 Jubilant Foodworks Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.52 | |||
| Value At Risk | (2.59) | |||
| Potential Upside | 3.65 |
Jubilant Foodworks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jubilant Foodworks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jubilant Foodworks' standard deviation. In reality, there are many statistical measures that can use Jubilant Foodworks historical prices to predict the future Jubilant Foodworks' volatility.| Risk Adjusted Performance | 0.0251 | |||
| Jensen Alpha | 0.025 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.3928 |
Jubilant Foodworks Backtested Returns
Jubilant Foodworks holds Efficiency (Sharpe) Ratio of -0.0173, which attests that the entity had a -0.0173% return per unit of risk over the last 3 months. Jubilant Foodworks exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jubilant Foodworks' Risk Adjusted Performance of 0.0251, downside deviation of 1.52, and Market Risk Adjusted Performance of 0.4028 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0918, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jubilant Foodworks' returns are expected to increase less than the market. However, during the bear market, the loss of holding Jubilant Foodworks is expected to be smaller as well. At this point, Jubilant Foodworks has a negative expected return of -0.0313%. Please make sure to check out Jubilant Foodworks' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to decide if Jubilant Foodworks performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.57 |
Good reverse predictability
Jubilant Foodworks Limited has good reverse predictability. Overlapping area represents the amount of predictability between Jubilant Foodworks time series from 30th of October 2023 to 12th of May 2024 and 12th of May 2024 to 23rd 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 Jubilant Foodworks price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Jubilant Foodworks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 3719.11 |
Jubilant Foodworks lagged returns against current returns
Autocorrelation, which is Jubilant Foodworks 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 Jubilant Foodworks' stock expected returns. We can calculate the autocorrelation of Jubilant Foodworks returns to help us make a trade decision. For example, suppose you find that Jubilant Foodworks 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 |
Jubilant Foodworks 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 Jubilant Foodworks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jubilant Foodworks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jubilant Foodworks stock over time.
Current vs Lagged Prices |
| Timeline |
Jubilant Foodworks Lagged Returns
When evaluating Jubilant Foodworks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jubilant Foodworks stock have on its future price. Jubilant Foodworks 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, Jubilant Foodworks autocorrelation shows the relationship between Jubilant Foodworks stock current value and its past values and can show if there is a momentum factor associated with investing in Jubilant Foodworks Limited.
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 Jubilant Stock
Jubilant Foodworks financial ratios help investors to determine whether Jubilant 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 Jubilant with respect to the benefits of owning Jubilant Foodworks security.