Jaypee Infratech (India) Market Value
| JPINFRATEC | 1.25 0.00 0.00% |
| Symbol | Jaypee |
Jaypee Infratech '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 Jaypee Infratech'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 Jaypee Infratech.
| 06/02/2024 |
| 11/29/2024 |
If you would invest 0.00 in Jaypee Infratech on June 2, 2024 and sell it all today you would earn a total of 0.00 from holding Jaypee Infratech Limited or generate 0.0% return on investment in Jaypee Infratech over 180 days. Jaypee Infratech is related to or competes with Kingfa Science, GTL, Indo Amines, Exide Industries, Delta Manufacturing, EID Parry, and Lakshmi Precision. Jaypee Infratech is entity of India. It is traded as Stock on NSE exchange. More
Jaypee Infratech 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 Jaypee Infratech'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 Jaypee Infratech Limited upside and downside potential and time the market with a certain degree of confidence.
Jaypee Infratech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jaypee Infratech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jaypee Infratech's standard deviation. In reality, there are many statistical measures that can use Jaypee Infratech historical prices to predict the future Jaypee Infratech's volatility.Jaypee Infratech Backtested Returns
We have found three technical indicators for Jaypee Infratech, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and Jaypee Infratech are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Jaypee Infratech Limited has no correlation between past and present. Overlapping area represents the amount of predictability between Jaypee Infratech time series from 2nd of June 2024 to 31st of August 2024 and 31st of August 2024 to 29th 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 Jaypee Infratech price movement. The serial correlation of 0.0 indicates that just 0.0% of current Jaypee Infratech price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Jaypee Infratech lagged returns against current returns
Autocorrelation, which is Jaypee Infratech 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 Jaypee Infratech's stock expected returns. We can calculate the autocorrelation of Jaypee Infratech returns to help us make a trade decision. For example, suppose you find that Jaypee Infratech 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 |
Jaypee Infratech 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 Jaypee Infratech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jaypee Infratech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jaypee Infratech stock over time.
Current vs Lagged Prices |
| Timeline |
Jaypee Infratech Lagged Returns
When evaluating Jaypee Infratech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jaypee Infratech stock have on its future price. Jaypee Infratech 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, Jaypee Infratech autocorrelation shows the relationship between Jaypee Infratech stock current value and its past values and can show if there is a momentum factor associated with investing in Jaypee Infratech Limited.
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 Jaypee Stock
Jaypee Infratech financial ratios help investors to determine whether Jaypee 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 Jaypee with respect to the benefits of owning Jaypee Infratech security.