Jahen Household (China) Market Value
| 300955 Stock | 16.01 0.06 0.38% |
| Symbol | Jahen |
Jahen Household '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 Jahen Household'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 Jahen Household.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Jahen Household on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Jahen Household Products or generate 0.0% return on investment in Jahen Household over 90 days. Jahen Household is related to or competes with Zijin Mining, Wanhua Chemical, Baoshan Iron, Shandong Gold, Rongsheng Petrochemical, Inner Mongolia, and Jiangxi Ganfeng. Jahen Household is entity of China. It is traded as Stock on SHE exchange. More
Jahen Household 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 Jahen Household'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 Jahen Household Products upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.7 | |||
| Information Ratio | 0.0962 | |||
| Maximum Drawdown | 25.95 | |||
| Value At Risk | (3.89) | |||
| Potential Upside | 5.15 |
Jahen Household Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jahen Household's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jahen Household's standard deviation. In reality, there are many statistical measures that can use Jahen Household historical prices to predict the future Jahen Household's volatility.| Risk Adjusted Performance | 0.1112 | |||
| Jensen Alpha | 0.466 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0917 | |||
| Treynor Ratio | 84.85 |
Jahen Household Products Backtested Returns
Jahen Household appears to be not too volatile, given 3 months investment horizon. Jahen Household Products 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. By evaluating Jahen Household's technical indicators, you can evaluate if the expected return of 0.55% is justified by implied risk. Please utilize Jahen Household's Downside Deviation of 3.7, risk adjusted performance of 0.1112, and Market Risk Adjusted Performance of 84.86 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jahen Household holds a performance score of 11. The company retains a Market Volatility (i.e., Beta) of 0.0055, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jahen Household's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jahen Household is expected to be smaller as well. Please check Jahen Household's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Jahen Household's current trending patterns will revert.
Auto-correlation | 0.43 |
Average predictability
Jahen Household Products has average predictability. Overlapping area represents the amount of predictability between Jahen Household time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 Jahen Household Products price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Jahen Household price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Jahen Household Products lagged returns against current returns
Autocorrelation, which is Jahen Household 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 Jahen Household's stock expected returns. We can calculate the autocorrelation of Jahen Household returns to help us make a trade decision. For example, suppose you find that Jahen Household 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 |
Jahen Household 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 Jahen Household stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jahen Household stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jahen Household stock over time.
Current vs Lagged Prices |
| Timeline |
Jahen Household Lagged Returns
When evaluating Jahen Household's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jahen Household stock have on its future price. Jahen Household 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, Jahen Household autocorrelation shows the relationship between Jahen Household stock current value and its past values and can show if there is a momentum factor associated with investing in Jahen Household Products.
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.Other Information on Investing in Jahen Stock
Jahen Household financial ratios help investors to determine whether Jahen 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 Jahen with respect to the benefits of owning Jahen Household security.