Japan Asia (Germany) Market Value
| JAN Stock | EUR 1.34 0.04 3.08% |
| Symbol | Japan |
Japan Asia '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 Japan Asia'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 Japan Asia.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Japan Asia on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Japan Asia Investment or generate 0.0% return on investment in Japan Asia over 30 days. Japan Asia is related to or competes with Ameriprise Financial, Ares Management, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, and NorAm Drilling. Japan Asia Investment Co., Ltd. is a private equity and venture capital company specializing in unlisted growth-oriented... More
Japan Asia 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 Japan Asia'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 Japan Asia Investment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 13.86 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.31 |
Japan Asia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Japan Asia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Japan Asia's standard deviation. In reality, there are many statistical measures that can use Japan Asia historical prices to predict the future Japan Asia's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.09) |
Japan Asia Investment Backtested Returns
Japan Asia Investment holds Efficiency (Sharpe) Ratio of -0.0021, which attests that the entity had a -0.0021% return per unit of risk over the last 3 months. Japan Asia Investment exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Japan Asia's Market Risk Adjusted Performance of (0.08), risk adjusted performance of (0.01), and Standard Deviation of 1.95 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Japan Asia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Japan Asia is expected to be smaller as well. At this point, Japan Asia Investment has a negative expected return of -0.0041%. Please make sure to check out Japan Asia's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Japan Asia Investment performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.81 |
Very good predictability
Japan Asia Investment has very good predictability. Overlapping area represents the amount of predictability between Japan Asia time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Japan Asia Investment price movement. The serial correlation of 0.81 indicates that around 81.0% of current Japan Asia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Japan Asia Investment lagged returns against current returns
Autocorrelation, which is Japan Asia 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 Japan Asia's stock expected returns. We can calculate the autocorrelation of Japan Asia returns to help us make a trade decision. For example, suppose you find that Japan Asia 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 |
Japan Asia 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 Japan Asia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Japan Asia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Japan Asia stock over time.
Current vs Lagged Prices |
| Timeline |
Japan Asia Lagged Returns
When evaluating Japan Asia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Japan Asia stock have on its future price. Japan Asia 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, Japan Asia autocorrelation shows the relationship between Japan Asia stock current value and its past values and can show if there is a momentum factor associated with investing in Japan Asia Investment.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Japan Stock
Japan Asia financial ratios help investors to determine whether Japan 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 Japan with respect to the benefits of owning Japan Asia security.