Juniper Hotels (India) Market Value
| JUNIPER Stock | 311.40 1.95 0.62% |
| Symbol | Juniper |
Juniper Hotels '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 Juniper Hotels' 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 Juniper Hotels.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Juniper Hotels on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Juniper Hotels or generate 0.0% return on investment in Juniper Hotels over 30 days. Juniper Hotels is related to or competes with Shyam Metalics, Sintex Plastics, Transport, Alkali Metals, Hilton Metal, Modi Rubber, and Sonata Software. Juniper Hotels is entity of India. It is traded as Stock on NSE exchange. More
Juniper Hotels 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 Juniper Hotels' 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 Juniper Hotels upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 9.07 | |||
| Value At Risk | (3.58) | |||
| Potential Upside | 3.69 |
Juniper Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Juniper Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Juniper Hotels' standard deviation. In reality, there are many statistical measures that can use Juniper Hotels historical prices to predict the future Juniper Hotels' volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.88) |
Juniper Hotels Backtested Returns
Juniper Hotels holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Juniper Hotels exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Juniper Hotels' Standard Deviation of 2.04, risk adjusted performance of (0.10), and Market Risk Adjusted Performance of (0.87) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.33, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Juniper Hotels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Juniper Hotels is expected to be smaller as well. At this point, Juniper Hotels has a negative expected return of -0.31%. Please make sure to check out Juniper Hotels' total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if Juniper Hotels performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Juniper Hotels has insignificant predictability. Overlapping area represents the amount of predictability between Juniper Hotels time series from 24th of October 2024 to 8th of November 2024 and 8th of November 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 Juniper Hotels price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Juniper Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 113.42 |
Juniper Hotels lagged returns against current returns
Autocorrelation, which is Juniper Hotels 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 Juniper Hotels' stock expected returns. We can calculate the autocorrelation of Juniper Hotels returns to help us make a trade decision. For example, suppose you find that Juniper Hotels 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 |
Juniper Hotels 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 Juniper Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Juniper Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Juniper Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Juniper Hotels Lagged Returns
When evaluating Juniper Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Juniper Hotels stock have on its future price. Juniper Hotels 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, Juniper Hotels autocorrelation shows the relationship between Juniper Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Juniper Hotels.
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 Juniper Stock Analysis
When running Juniper Hotels' price analysis, check to measure Juniper Hotels' 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 Juniper Hotels is operating at the current time. Most of Juniper Hotels' value examination focuses on studying past and present price action to predict the probability of Juniper Hotels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Juniper Hotels' price. Additionally, you may evaluate how the addition of Juniper Hotels to your portfolios can decrease your overall portfolio volatility.