JD (Germany) Market Value
| 013A Stock | EUR 34.80 0.80 2.35% |
| Symbol | JD |
JD '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 JD's 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 JD.
| 10/26/2024 |
| 12/25/2024 |
JD 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 JD's 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 JD Inc Adr upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.1077 | |||
| Maximum Drawdown | 21.77 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 7.2 |
JD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JD's standard deviation. In reality, there are many statistical measures that can use JD historical prices to predict the future JD's volatility.| Risk Adjusted Performance | 0.1027 | |||
| Jensen Alpha | 0.4784 | |||
| Total Risk Alpha | 0.3033 | |||
| Sortino Ratio | 0.1307 | |||
| Treynor Ratio | 2.56 |
JD Inc Adr Backtested Returns
At this point, JD is very steady. JD Inc Adr retains Efficiency (Sharpe Ratio) of 0.0329, which attests that the entity had a 0.0329% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for JD, which you can use to evaluate the volatility of the firm. Please check out JD's Semi Deviation of 3.07, standard deviation of 4.18, and Market Risk Adjusted Performance of 2.57 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. JD has a performance score of 2 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JD's returns are expected to increase less than the market. However, during the bear market, the loss of holding JD is expected to be smaller as well. JD Inc Adr today owns a risk of 3.61%. Please check out JD Inc Adr market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if JD Inc Adr will be following its current price history.
Auto-correlation | -0.18 |
Insignificant reverse predictability
JD Inc Adr has insignificant reverse predictability. Overlapping area represents the amount of predictability between JD time series from 26th of October 2024 to 25th of November 2024 and 25th of November 2024 to 25th of December 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 JD Inc Adr price movement. The serial correlation of -0.18 indicates that over 18.0% of current JD price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 1.78 |
JD Inc Adr lagged returns against current returns
Autocorrelation, which is JD 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 JD's stock expected returns. We can calculate the autocorrelation of JD returns to help us make a trade decision. For example, suppose you find that JD 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 |
JD 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 JD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JD stock over time.
Current vs Lagged Prices |
| Timeline |
JD Lagged Returns
When evaluating JD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JD stock have on its future price. JD 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, JD autocorrelation shows the relationship between JD stock current value and its past values and can show if there is a momentum factor associated with investing in JD Inc Adr.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in JD Stock
When determining whether JD Inc Adr is a strong investment it is important to analyze JD's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact JD's future performance. For an informed investment choice regarding JD Stock, refer to the following important reports:Check out JD Correlation, JD Volatility and JD Alpha and Beta module to complement your research on JD. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
JD technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.