Johnson Electric Holdings Stock Market Value
| JELCF Stock | USD 1.40 0.00 0.00% |
| Symbol | Johnson |
Johnson Electric '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 Johnson Electric'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 Johnson Electric.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Johnson Electric on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Johnson Electric Holdings or generate 0.0% return on investment in Johnson Electric over 30 days. Johnson Electric is related to or competes with Allison Transmission, Luminar Technologies, Lear, BorgWarner, Autoliv, Fox Factory, and LKQ. Johnson Electric Holdings Limited, an investment holding company sells motion products, control systems, and flexible in... More
Johnson Electric 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 Johnson Electric'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 Johnson Electric Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 13.04 |
Johnson Electric Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Johnson Electric's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Johnson Electric's standard deviation. In reality, there are many statistical measures that can use Johnson Electric historical prices to predict the future Johnson Electric's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 0.8432 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Johnson Electric'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.
Johnson Electric Holdings Backtested Returns
Johnson Electric Holdings holds Efficiency (Sharpe) Ratio of -0.12, which attests that the entity had a -0.12% return per unit of risk over the last 3 months. Johnson Electric Holdings exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Johnson Electric's Risk Adjusted Performance of (0.07), market risk adjusted performance of 0.8532, and Standard Deviation of 1.67 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Johnson Electric are expected to decrease at a much lower rate. During the bear market, Johnson Electric is likely to outperform the market. Johnson Electric Holdings has an expected return of -0.21%. Please make sure to check out Johnson Electric information ratio, as well as the relationship between the skewness and day median price , to decide if Johnson Electric Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Johnson Electric Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Johnson Electric time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th 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 Johnson Electric Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Johnson Electric price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Johnson Electric Holdings lagged returns against current returns
Autocorrelation, which is Johnson Electric 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 Johnson Electric's pink sheet expected returns. We can calculate the autocorrelation of Johnson Electric returns to help us make a trade decision. For example, suppose you find that Johnson Electric 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 |
Johnson Electric 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 Johnson Electric pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Johnson Electric pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Johnson Electric pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Johnson Electric Lagged Returns
When evaluating Johnson Electric's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Johnson Electric pink sheet have on its future price. Johnson Electric 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, Johnson Electric autocorrelation shows the relationship between Johnson Electric pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Johnson Electric Holdings.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Johnson Electric in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Johnson Electric's short interest history, or implied volatility extrapolated from Johnson Electric options trading.
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Try AI Portfolio ArchitectCheck out Johnson Electric Correlation, Johnson Electric Volatility and Johnson Electric Alpha and Beta module to complement your research on Johnson Electric. Note that the Johnson Electric Holdings information on this page should be used as a complementary analysis to other Johnson Electric'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 Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Johnson Pink Sheet analysis
When running Johnson Electric's price analysis, check to measure Johnson Electric'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 Johnson Electric is operating at the current time. Most of Johnson Electric's value examination focuses on studying past and present price action to predict the probability of Johnson Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Johnson Electric's price. Additionally, you may evaluate how the addition of Johnson Electric to your portfolios can decrease your overall portfolio volatility.
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Johnson Electric technical pink sheet 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, pink sheet market cycles, or different charting patterns.