Jumbo Sa Adr Stock Market Value
| JUMSY Stock | USD 27.00 0.50 1.89% |
| Symbol | Jumbo |
Jumbo 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 Jumbo SA's pink sheet 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 Jumbo SA.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Jumbo SA on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Jumbo SA ADR or generate 0.0% return on investment in Jumbo SA over 90 days. Jumbo SA is related to or competes with Ulta Beauty, Best Buy, Dicks Sporting, and RH. Jumbo S.A. engages in the retail sale of toys, baby products, gift articles, household products, stationery, seasonal an... More
Jumbo 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 Jumbo SA's pink sheet 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 Jumbo SA ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 27.07 |
Jumbo SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jumbo SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jumbo SA's standard deviation. In reality, there are many statistical measures that can use Jumbo SA historical prices to predict the future Jumbo SA's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (1.02) | |||
| Treynor Ratio | 1.72 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jumbo SA'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.
Jumbo SA ADR Backtested Returns
At this stage we consider Jumbo Pink Sheet to be not too volatile. Jumbo SA ADR holds Efficiency (Sharpe) Ratio of 0.0114, which attests that the entity had a 0.0114% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Jumbo SA ADR, which you can use to evaluate the volatility of the firm. Please check out Jumbo SA's Market Risk Adjusted Performance of 1.73, risk adjusted performance of (0.07), and Standard Deviation of 4.02 to validate if the risk estimate we provide is consistent with the expected return of 0.0263%. The company retains a Market Volatility (i.e., Beta) of -0.23, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jumbo SA are expected to decrease at a much lower rate. During the bear market, Jumbo SA is likely to outperform the market. Jumbo SA ADR right now retains a risk of 2.3%. Please check out Jumbo SA variance and daily balance of power , to decide if Jumbo SA will be following its current trending patterns.
Auto-correlation | 0.46 |
Average predictability
Jumbo SA ADR has average predictability. Overlapping area represents the amount of predictability between Jumbo SA time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Jumbo SA ADR price movement. The serial correlation of 0.46 indicates that about 46.0% of current Jumbo SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 1.46 |
Jumbo SA ADR lagged returns against current returns
Autocorrelation, which is Jumbo SA pink sheet'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 Jumbo SA's pink sheet expected returns. We can calculate the autocorrelation of Jumbo SA returns to help us make a trade decision. For example, suppose you find that Jumbo SA has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Jumbo 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 Jumbo SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jumbo SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jumbo SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Jumbo SA Lagged Returns
When evaluating Jumbo SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jumbo SA pink sheet have on its future price. Jumbo 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, Jumbo SA autocorrelation shows the relationship between Jumbo SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Jumbo SA ADR.
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.Additional Tools for Jumbo Pink Sheet Analysis
When running Jumbo SA's price analysis, check to measure Jumbo 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 Jumbo SA is operating at the current time. Most of Jumbo SA's value examination focuses on studying past and present price action to predict the probability of Jumbo 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 Jumbo SA's price. Additionally, you may evaluate how the addition of Jumbo SA to your portfolios can decrease your overall portfolio volatility.