Jse Limited Stock Market Value

JSEJF Stock  USD 6.65  0.00  0.00%   
JSE's market value is the price at which a share of JSE trades on a public exchange. It measures the collective expectations of JSE Limited investors about its performance. JSE is trading at 6.65 as of the 24th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 6.65.
With this module, you can estimate the performance of a buy and hold strategy of JSE Limited and determine expected loss or profit from investing in JSE over a given investment horizon. Check out JSE Correlation, JSE Volatility and JSE Alpha and Beta module to complement your research on JSE.
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Please note, there is a significant difference between JSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if JSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JSE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

JSE '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 JSE's pink sheet 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 JSE.
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11/24/2024
No Change 0.00  0.0 
In 31 days
12/24/2024
0.00
If you would invest  0.00  in JSE on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding JSE Limited or generate 0.0% return on investment in JSE over 30 days. JSE is related to or competes with Anadolu Efes, AP Moeller, China Overseas, and SoftBank Corp. JSE Limited operates as a securities exchange in South Africa More

JSE 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 JSE's pink sheet 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 JSE Limited upside and downside potential and time the market with a certain degree of confidence.

JSE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for JSE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JSE's standard deviation. In reality, there are many statistical measures that can use JSE historical prices to predict the future JSE's volatility.
Hype
Prediction
LowEstimatedHigh
3.686.659.62
Details
Intrinsic
Valuation
LowRealHigh
4.587.5510.52
Details

JSE Limited Backtested Returns

JSE appears to be somewhat reliable, given 3 months investment horizon. JSE Limited holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of return volatility over the last 3 months. We have found sixteen technical indicators for JSE Limited, which you can use to evaluate the volatility of the firm. Please utilize JSE's Coefficient Of Variation of 895.34, risk adjusted performance of 0.0965, and Market Risk Adjusted Performance of 1.59 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, JSE holds a performance score of 8. The company retains a Market Volatility (i.e., Beta) of 0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JSE's returns are expected to increase less than the market. However, during the bear market, the loss of holding JSE is expected to be smaller as well. Please check JSE's variance, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether JSE's current trending patterns will revert.

Auto-correlation

    
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Perfect predictability

JSE Limited has perfect predictability. Overlapping area represents the amount of predictability between JSE time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 JSE Limited price movement. The serial correlation of 1.0 indicates that 100.0% of current JSE price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

JSE Limited lagged returns against current returns

Autocorrelation, which is JSE pink sheet'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 JSE's pink sheet expected returns. We can calculate the autocorrelation of JSE returns to help us make a trade decision. For example, suppose you find that JSE has exhibited high autocorrelation historically, and you observe that the pink sheet 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  

JSE 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 JSE pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JSE pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JSE pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

JSE Lagged Returns

When evaluating JSE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JSE pink sheet have on its future price. JSE 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, JSE autocorrelation shows the relationship between JSE pink sheet current value and its past values and can show if there is a momentum factor associated with investing in JSE Limited.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in JSE Pink Sheet

JSE financial ratios help investors to determine whether JSE Pink Sheet 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 JSE with respect to the benefits of owning JSE security.