JSE (South Africa) Price on October 10, 2024
| JSE Stock | 11,820 20.00 0.17% |
If you're considering investing in JSE Stock, it is important to understand the factors that can impact its price. As of today, the current price of JSE stands at 11,820, as last reported on the 2nd of December, with the highest price reaching 11,877 and the lowest price hitting 11,687 during the day. At this point, JSE is very steady. JSE Limited holds Efficiency (Sharpe) Ratio of 0.0698, which attests that the entity had a 0.0698% return per unit of return volatility over the last 3 months. We have found twenty-three technical indicators for JSE Limited, which you can use to evaluate the volatility of the firm. Please check out JSE's Coefficient Of Variation of (6,695), market risk adjusted performance of 0.1928, and Risk Adjusted Performance of (0.01) to validate if the risk estimate we provide is consistent with the expected return of 0.0844%.
JSE Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
JSE |
Sharpe Ratio = 0.0698
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| Cash | JSE | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average JSE is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of JSE by adding it to a well-diversified portfolio.
JSE Valuation on October 10, 2024
It is possible to determine the worth of JSE on a given historical date. On October 10, 2024 JSE was worth 12200.0 at the beginning of the trading date compared to the closed value of 12256.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of JSE stock. Still, in general, we apply an absolute valuation method to find JSE's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of JSE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against JSE's related companies.
| Open | High | Low | Close | Volume | |
| 12,300 | 12,455 | 12,271 | 12,396 | 25,388 | |
10/10/2024 | 12,200 | 12,488 | 12,200 | 12,256 | 122,642 |
| 12,256 | 12,663 | 12,217 | 12,574 | 56,987 |
| Backtest JSE | | | JSE History | Previous | Next |
JSE Trading Date Momentum on October 10, 2024
| On October 11 2024 JSE Limited was traded for 12,574 at the closing time. The highest price during the trading period was 12,663 and the lowest recorded bid was listed for 12,217 . The volume for the day was 57 K. This history from October 11, 2024 contributed to the next trading day price growth. The trading delta at closing time to the next closing price was 2.59% . The trading delta at closing time to the current price is 1.06% . |
Price Boundaries
JSE Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
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JSE December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how JSE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading JSE shares will generate the highest return on investment. By undertsting and applying JSE stock market strength indicators, traders can identify JSE Limited entry and exit signals to maximize returns
JSE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for JSE's price direction in advance. Along with the technical and fundamental analysis of JSE Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of JSE to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.1828 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for JSE Stock analysis
When running JSE's price analysis, check to measure JSE'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 JSE is operating at the current time. Most of JSE's value examination focuses on studying past and present price action to predict the probability of JSE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JSE's price. Additionally, you may evaluate how the addition of JSE to your portfolios can decrease your overall portfolio volatility.
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