Jacquet Metal (France) Market Value
| JCQ Stock | EUR 17.72 0.26 1.45% |
| Symbol | Jacquet |
Jacquet Metal '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 Jacquet Metal'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 Jacquet Metal.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Jacquet Metal on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Jacquet Metal Service or generate 0.0% return on investment in Jacquet Metal over 30 days. Jacquet Metal is related to or competes with Trigano SA, and Chargeurs. Jacquet Metals SA engages in the distribution of specialty steels More
Jacquet Metal 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 Jacquet Metal'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 Jacquet Metal Service upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 1.61 |
Jacquet Metal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jacquet Metal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jacquet Metal's standard deviation. In reality, there are many statistical measures that can use Jacquet Metal historical prices to predict the future Jacquet Metal's volatility.| Risk Adjusted Performance | 0.0125 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0211 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jacquet Metal'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.
Jacquet Metal Service Backtested Returns
Jacquet Metal Service holds Efficiency (Sharpe) Ratio of -0.0093, which attests that the entity had a -0.0093% return per unit of risk over the last 3 months. Jacquet Metal Service exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Jacquet Metal's Market Risk Adjusted Performance of 0.0311, downside deviation of 1.15, and Risk Adjusted Performance of 0.0125 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Jacquet Metal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Jacquet Metal is expected to be smaller as well. Jacquet Metal Service has an expected return of -0.0103%. Please make sure to check out Jacquet Metal treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Jacquet Metal Service performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.57 |
Good reverse predictability
Jacquet Metal Service has good reverse predictability. Overlapping area represents the amount of predictability between Jacquet Metal time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 Jacquet Metal Service price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Jacquet Metal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Jacquet Metal Service lagged returns against current returns
Autocorrelation, which is Jacquet Metal 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 Jacquet Metal's stock expected returns. We can calculate the autocorrelation of Jacquet Metal returns to help us make a trade decision. For example, suppose you find that Jacquet Metal 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 |
Jacquet Metal 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 Jacquet Metal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jacquet Metal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jacquet Metal stock over time.
Current vs Lagged Prices |
| Timeline |
Jacquet Metal Lagged Returns
When evaluating Jacquet Metal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jacquet Metal stock have on its future price. Jacquet Metal 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, Jacquet Metal autocorrelation shows the relationship between Jacquet Metal stock current value and its past values and can show if there is a momentum factor associated with investing in Jacquet Metal Service.
Regressed Prices |
| Timeline |
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Complementary Tools for Jacquet Stock analysis
When running Jacquet Metal's price analysis, check to measure Jacquet Metal'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 Jacquet Metal is operating at the current time. Most of Jacquet Metal's value examination focuses on studying past and present price action to predict the probability of Jacquet Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jacquet Metal's price. Additionally, you may evaluate how the addition of Jacquet Metal to your portfolios can decrease your overall portfolio volatility.
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Jacquet Metal 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.