Just Eat (Netherlands) Market Value
| TKWY Stock | EUR 15.72 0.61 4.04% |
| Symbol | Just |
Just Eat '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 Just Eat'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 Just Eat.
| 01/12/2023 |
| 12/02/2024 |
If you would invest 0.00 in Just Eat on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding Just Eat Takeaway or generate 0.0% return on investment in Just Eat over 690 days. Just Eat is related to or competes with Alfen Beheer, Kinepolis Group, Galapagos, and PostNL NV. Takeaway.com N.V. operates an online food delivery marketplace that connects consumers and restaurants through its Websi... More
Just Eat 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 Just Eat'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 Just Eat Takeaway upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.83 | |||
| Information Ratio | 0.0351 | |||
| Maximum Drawdown | 18.37 | |||
| Value At Risk | (3.04) | |||
| Potential Upside | 5.87 |
Just Eat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Just Eat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Just Eat's standard deviation. In reality, there are many statistical measures that can use Just Eat historical prices to predict the future Just Eat's volatility.| Risk Adjusted Performance | 0.0663 | |||
| Jensen Alpha | 0.1984 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.041 | |||
| Treynor Ratio | 0.6863 |
Just Eat Takeaway Backtested Returns
Just Eat appears to be somewhat reliable, given 3 months investment horizon. Just Eat Takeaway holds Efficiency (Sharpe) Ratio of 0.0851, which attests that the entity had a 0.0851% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Just Eat Takeaway, which you can use to evaluate the volatility of the firm. Please utilize Just Eat's Downside Deviation of 2.83, market risk adjusted performance of 0.6963, and Risk Adjusted Performance of 0.0663 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Just Eat holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 0.36, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Just Eat's returns are expected to increase less than the market. However, during the bear market, the loss of holding Just Eat is expected to be smaller as well. Please check Just Eat's semi variance, accumulation distribution, and the relationship between the potential upside and skewness , to make a quick decision on whether Just Eat's current trending patterns will revert.
Auto-correlation | 0.46 |
Average predictability
Just Eat Takeaway has average predictability. Overlapping area represents the amount of predictability between Just Eat time series from 12th of January 2023 to 23rd of December 2023 and 23rd of December 2023 to 2nd 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 Just Eat Takeaway price movement. The serial correlation of 0.46 indicates that about 46.0% of current Just Eat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 1.67 |
Just Eat Takeaway lagged returns against current returns
Autocorrelation, which is Just Eat 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 Just Eat's stock expected returns. We can calculate the autocorrelation of Just Eat returns to help us make a trade decision. For example, suppose you find that Just Eat 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 |
Just Eat 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 Just Eat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Just Eat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Just Eat stock over time.
Current vs Lagged Prices |
| Timeline |
Just Eat Lagged Returns
When evaluating Just Eat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Just Eat stock have on its future price. Just Eat 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, Just Eat autocorrelation shows the relationship between Just Eat stock current value and its past values and can show if there is a momentum factor associated with investing in Just Eat Takeaway.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Just Stock Analysis
When running Just Eat's price analysis, check to measure Just Eat's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Just Eat is operating at the current time. Most of Just Eat's value examination focuses on studying past and present price action to predict the probability of Just Eat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Just Eat's price. Additionally, you may evaluate how the addition of Just Eat to your portfolios can decrease your overall portfolio volatility.