Jbs Sa Stock Market Value
| JBSAY Stock | USD 8.58 0.14 1.66% |
| Symbol | JBS |
JBS SA '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 JBS SA's otc 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 JBS SA.
| 07/28/2023 |
| 04/23/2024 |
If you would invest 0.00 in JBS SA on July 28, 2023 and sell it all today you would earn a total of 0.00 from holding JBS SA or generate 0.0% return on investment in JBS SA over 270 days. JBS SA is related to or competes with Kellanova, Lancaster Colony, A2 Milk, Artisan Consumer, General Mills, and Campbell Soup. JBS S.A., a food company, processes and trades in animal protein worldwide More
JBS SA 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 JBS SA's otc 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 JBS SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 9.93 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 4.36 |
JBS SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JBS SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JBS SA's standard deviation. In reality, there are many statistical measures that can use JBS SA historical prices to predict the future JBS SA's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.8683 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JBS SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
JBS SA Backtested Returns
JBS SA holds Efficiency (Sharpe) Ratio of -0.0904, which attests that the company had a -0.0904% return per unit of volatility over the last 3 months. JBS SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JBS SA's coefficient of variation of (1,174), and Market Risk Adjusted Performance of 0.8783 to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of -0.22, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning JBS SA are expected to decrease at a much lower rate. During the bear market, JBS SA is likely to outperform the market. JBS SA has an expected return of -0.18%. Please make sure to check out JBS SA treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if JBS SA performance from the past will be repeated in the future.
Auto-correlation | -0.39 |
Poor reverse predictability
JBS SA has poor reverse predictability. Overlapping area represents the amount of predictability between JBS SA time series from 28th of July 2023 to 10th of December 2023 and 10th of December 2023 to 23rd of April 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 JBS SA price movement. The serial correlation of -0.39 indicates that just about 39.0% of current JBS SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
JBS SA lagged returns against current returns
Autocorrelation, which is JBS SA otc 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 JBS SA's otc stock expected returns. We can calculate the autocorrelation of JBS SA returns to help us make a trade decision. For example, suppose you find that JBS SA has exhibited high autocorrelation historically, and you observe that the otc 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 |
JBS SA 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 JBS SA otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JBS SA otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JBS SA otc stock over time.
Current vs Lagged Prices |
| Timeline |
JBS SA Lagged Returns
When evaluating JBS SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JBS SA otc stock have on its future price. JBS SA 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, JBS SA autocorrelation shows the relationship between JBS SA otc stock current value and its past values and can show if there is a momentum factor associated with investing in JBS SA.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out JBS SA Correlation, JBS SA Volatility and JBS SA Alpha and Beta module to complement your research on JBS SA. Note that the JBS SA information on this page should be used as a complementary analysis to other JBS SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for JBS OTC Stock analysis
When running JBS SA's price analysis, check to measure JBS SA'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 JBS SA is operating at the current time. Most of JBS SA's value examination focuses on studying past and present price action to predict the probability of JBS SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JBS SA's price. Additionally, you may evaluate how the addition of JBS SA to your portfolios can decrease your overall portfolio volatility.
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JBS SA technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.