Jernimo Martins (Germany) Market Value
| JEM Stock | EUR 18.05 0.24 1.35% |
| Symbol | Jernimo |
Jernimo Martins '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 Jernimo Martins' 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 Jernimo Martins.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Jernimo Martins on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Jernimo Martins SGPS or generate 0.0% return on investment in Jernimo Martins over 720 days. Jernimo Martins is related to or competes with Sysco, JERONIMO MARTINS, Performance Food, US Foods, Axfood AB, and Metro AG. Jernimo Martins, SGPS, S.A. operates in the food distribution and specialized retail sectors in Portugal, Poland, and Co... More
Jernimo Martins 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 Jernimo Martins' 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 Jernimo Martins SGPS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | 0.0539 | |||
| Maximum Drawdown | 11.35 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 2.54 |
Jernimo Martins Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jernimo Martins' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jernimo Martins' standard deviation. In reality, there are many statistical measures that can use Jernimo Martins historical prices to predict the future Jernimo Martins' volatility.| Risk Adjusted Performance | 0.0618 | |||
| Jensen Alpha | 0.1325 | |||
| Total Risk Alpha | 0.072 | |||
| Sortino Ratio | 0.0618 | |||
| Treynor Ratio | (0.43) |
Jernimo Martins SGPS Backtested Returns
At this point, Jernimo Martins is not too volatile. Jernimo Martins SGPS holds Efficiency (Sharpe) Ratio of 0.0779, which attests that the entity had a 0.0779% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Jernimo Martins SGPS, which you can use to evaluate the volatility of the firm. Please check out Jernimo Martins' Market Risk Adjusted Performance of (0.42), risk adjusted performance of 0.0618, and Downside Deviation of 1.68 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. Jernimo Martins has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Jernimo Martins are expected to decrease at a much lower rate. During the bear market, Jernimo Martins is likely to outperform the market. Jernimo Martins SGPS right now retains a risk of 1.92%. Please check out Jernimo Martins potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if Jernimo Martins will be following its current trending patterns.
Auto-correlation | -0.26 |
Weak reverse predictability
Jernimo Martins SGPS has weak reverse predictability. Overlapping area represents the amount of predictability between Jernimo Martins time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 Jernimo Martins SGPS price movement. The serial correlation of -0.26 indicates that nearly 26.0% of current Jernimo Martins price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.26 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 2.78 |
Jernimo Martins SGPS lagged returns against current returns
Autocorrelation, which is Jernimo Martins 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 Jernimo Martins' stock expected returns. We can calculate the autocorrelation of Jernimo Martins returns to help us make a trade decision. For example, suppose you find that Jernimo Martins 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 |
Jernimo Martins 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 Jernimo Martins stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jernimo Martins stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jernimo Martins stock over time.
Current vs Lagged Prices |
| Timeline |
Jernimo Martins Lagged Returns
When evaluating Jernimo Martins' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jernimo Martins stock have on its future price. Jernimo Martins 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, Jernimo Martins autocorrelation shows the relationship between Jernimo Martins stock current value and its past values and can show if there is a momentum factor associated with investing in Jernimo Martins SGPS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Jernimo Stock
Jernimo Martins financial ratios help investors to determine whether Jernimo 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 Jernimo with respect to the benefits of owning Jernimo Martins security.