Jianpu Technology Stock Alpha and Beta Analysis

JT Stock  USD 0.78  0.03  4.00%   
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Jianpu Technology. It also helps investors analyze the systematic and unsystematic risks associated with investing in Jianpu Technology over a specified time horizon. Remember, high Jianpu Technology's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Jianpu Technology's market risk premium analysis include:
Beta
1.02
Alpha
(0.28)
Risk
9.92
Sharpe Ratio
0.0352
Expected Return
0.35
Please note that although Jianpu Technology alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., NYSE Composite index.) So in this particular case, Jianpu Technology did 0.28  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Jianpu Technology stock's relative risk over its benchmark. Jianpu Technology has a beta of 1.02  . Jianpu Technology returns are very sensitive to returns on the market. As the market goes up or down, Jianpu Technology is expected to follow. At this time, Jianpu Technology's Price Book Value Ratio is comparatively stable compared to the past year. Price Fair Value is likely to gain to 0.51 in 2024, whereas Enterprise Value Multiple is likely to drop (1.12) in 2024.

Jianpu Technology Quarterly Cash And Equivalents

346.54 Million

Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

Jianpu Technology Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Jianpu Technology market risk premium is the additional return an investor will receive from holding Jianpu Technology long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Jianpu Technology. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Jianpu Technology's performance over market.
α-0.28   β1.02

Jianpu Technology Fundamentals Vs Peers

Comparing Jianpu Technology's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Jianpu Technology's direct or indirect competition across all of the common fundamentals between Jianpu Technology and the related equities. This way, we can detect undervalued stocks with similar characteristics as Jianpu Technology or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Jianpu Technology's fundamental indicators could also be used in its relative valuation, which is a method of valuing Jianpu Technology by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Jianpu Technology to competition
FundamentalsJianpu TechnologyPeer Average
Return On Equity-0.11-0.31
Return On Asset-0.0463-0.14
Profit Margin(0.04) %(1.27) %
Operating Margin(0.03) %(5.51) %
Current Valuation224.72 M16.62 B
Shares Outstanding21.22 M571.82 M
Shares Owned By Insiders1.21 %10.09 %

Jianpu Technology Opportunities

Jianpu Technology Return and Market Media

The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Jianpu Technology Inc - ADR Stock Gains 4.95 percent This Week Should You Buy - InvestorsObserver
11/28/2023
2
3G switch-off in Channel Islands planned by JT
12/28/2023
3
Pure Hockey Expands Footprint with Acquisition of JTs Slap Shot
01/22/2024
4
Jianpu Technology authorize 3 million share buyback
01/31/2024
5
Emptying the Notebook JT Toppin passes Lobo legend Kenny Thomas and Lobos leave Laramie in first place
02/07/2024

About Jianpu Technology Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Jianpu or other stocks. Alpha measures the amount that position in Jianpu Technology has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2023 2024 (projected)
Dividend Yield0.0012720.002275
Price To Sales Ratio0.270.26

Jianpu Technology Upcoming Company Events

As portrayed in its financial statements, the presentation of Jianpu Technology's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Jianpu Technology's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Jianpu Technology's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Jianpu Technology. Please utilize our Beneish M Score to check the likelihood of Jianpu Technology's management manipulating its earnings.
19th of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Build Portfolio with Jianpu Technology

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

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When determining whether Jianpu Technology is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Jianpu Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Jianpu Technology Stock. Highlighted below are key reports to facilitate an investment decision about Jianpu Technology Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

Complementary Tools for Jianpu Stock analysis

When running Jianpu Technology's price analysis, check to measure Jianpu Technology'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 Jianpu Technology is operating at the current time. Most of Jianpu Technology's value examination focuses on studying past and present price action to predict the probability of Jianpu Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jianpu Technology's price. Additionally, you may evaluate how the addition of Jianpu Technology to your portfolios can decrease your overall portfolio volatility.
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Jianpu Technology technical 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, stock market cycles, or different charting patterns.
A focus of Jianpu Technology technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jianpu Technology trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...