JERONIMO MARTINS (Germany) Market Value
| JEM0 Stock | EUR 35.60 0.40 1.14% |
| Symbol | JERONIMO |
JERONIMO 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 JERONIMO MARTINS'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 JERONIMO MARTINS.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in JERONIMO MARTINS on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding JERONIMO MARTINS UNADR2 or generate 0.0% return on investment in JERONIMO MARTINS over 720 days. JERONIMO MARTINS is related to or competes with Sysco, Jernimo 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
JERONIMO 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 JERONIMO MARTINS'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 JERONIMO MARTINS UNADR2 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.62 | |||
| Information Ratio | 0.0653 | |||
| Maximum Drawdown | 9.46 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.86 |
JERONIMO MARTINS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JERONIMO MARTINS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JERONIMO MARTINS's standard deviation. In reality, there are many statistical measures that can use JERONIMO MARTINS historical prices to predict the future JERONIMO MARTINS's volatility.| Risk Adjusted Performance | 0.0715 | |||
| Jensen Alpha | 0.1419 | |||
| Total Risk Alpha | 0.089 | |||
| Sortino Ratio | 0.0723 | |||
| Treynor Ratio | (1.11) |
JERONIMO MARTINS UNADR2 Backtested Returns
At this point, JERONIMO MARTINS is very steady. JERONIMO MARTINS UNADR2 holds Efficiency (Sharpe) Ratio of 0.0833, which attests that the entity had a 0.0833% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for JERONIMO MARTINS UNADR2, which you can use to evaluate the volatility of the firm. Please check out JERONIMO MARTINS's market risk adjusted performance of (1.10), and Risk Adjusted Performance of 0.0715 to validate if the risk estimate we provide is consistent with the expected return of 0.15%. JERONIMO MARTINS has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.13, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JERONIMO MARTINS are expected to decrease at a much lower rate. During the bear market, JERONIMO MARTINS is likely to outperform the market. JERONIMO MARTINS UNADR2 currently retains a risk of 1.79%. Please check out JERONIMO MARTINS total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if JERONIMO MARTINS will be following its current trending patterns.
Auto-correlation | -0.21 |
Weak reverse predictability
JERONIMO MARTINS UNADR2 has weak reverse predictability. Overlapping area represents the amount of predictability between JERONIMO 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 JERONIMO MARTINS UNADR2 price movement. The serial correlation of -0.21 indicates that over 21.0% of current JERONIMO MARTINS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 8.64 |
JERONIMO MARTINS UNADR2 lagged returns against current returns
Autocorrelation, which is JERONIMO 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 JERONIMO MARTINS's stock expected returns. We can calculate the autocorrelation of JERONIMO MARTINS returns to help us make a trade decision. For example, suppose you find that JERONIMO 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 |
JERONIMO 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 JERONIMO MARTINS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JERONIMO MARTINS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JERONIMO MARTINS stock over time.
Current vs Lagged Prices |
| Timeline |
JERONIMO MARTINS Lagged Returns
When evaluating JERONIMO MARTINS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JERONIMO MARTINS stock have on its future price. JERONIMO 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, JERONIMO MARTINS autocorrelation shows the relationship between JERONIMO MARTINS stock current value and its past values and can show if there is a momentum factor associated with investing in JERONIMO MARTINS UNADR2.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in JERONIMO Stock
JERONIMO MARTINS financial ratios help investors to determine whether JERONIMO 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 JERONIMO with respect to the benefits of owning JERONIMO MARTINS security.