Juva Life Stock Market Value
| JUVAF Stock | USD 0.0001 0.00 0.00% |
| Symbol | Juva |
Juva Life '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 Juva Life's otc 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 Juva Life.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Juva Life on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Juva Life or generate 0.0% return on investment in Juva Life over 30 days. Juva Life Inc. acquire, owns, and operate in cannabis business in medical and recreational cannabis sectors More
Juva Life 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 Juva Life's otc 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 Juva Life upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1547 | |||
| Maximum Drawdown | 2996.67 | |||
| Potential Upside | 33.33 |
Juva Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Juva Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Juva Life's standard deviation. In reality, there are many statistical measures that can use Juva Life historical prices to predict the future Juva Life's volatility.| Risk Adjusted Performance | 0.1285 | |||
| Jensen Alpha | 62.32 | |||
| Total Risk Alpha | (0.98) | |||
| Treynor Ratio | (2.74) |
Juva Life Backtested Returns
Juva Life is out of control given 3 months investment horizon. Juva Life holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We were able to analyze eighteen different technical indicators, which can help you to evaluate if expected returns of 43.5% are justified by taking the suggested risk. Use Juva Life Risk Adjusted Performance of 0.1285, market risk adjusted performance of (2.73), and Standard Deviation of 385.2 to evaluate company specific risk that cannot be diversified away. Juva Life holds a performance score of 15 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -21.8, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Juva Life are expected to decrease by larger amounts. On the other hand, during market turmoil, Juva Life is expected to outperform it. Use Juva Life standard deviation and the relationship between the jensen alpha and day median price , to analyze future returns on Juva Life.
Auto-correlation | 0.00 |
No correlation between past and present
Juva Life has no correlation between past and present. Overlapping area represents the amount of predictability between Juva Life time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Juva Life price movement. The serial correlation of 0.0 indicates that just 0.0% of current Juva Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Juva Life lagged returns against current returns
Autocorrelation, which is Juva Life otc 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 Juva Life's otc stock expected returns. We can calculate the autocorrelation of Juva Life returns to help us make a trade decision. For example, suppose you find that Juva Life has exhibited high autocorrelation historically, and you observe that the otc 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 |
Juva Life 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 Juva Life otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Juva Life otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Juva Life otc stock over time.
Current vs Lagged Prices |
| Timeline |
Juva Life Lagged Returns
When evaluating Juva Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Juva Life otc stock have on its future price. Juva Life 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, Juva Life autocorrelation shows the relationship between Juva Life otc stock current value and its past values and can show if there is a momentum factor associated with investing in Juva Life.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Juva OTC Stock
Juva Life financial ratios help investors to determine whether Juva OTC 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 Juva with respect to the benefits of owning Juva Life security.