Jumia Technologies Ag Stock Market Value
| JMIA Stock | USD 4.63 0.47 11.30% |
| Symbol | Jumia |
Jumia Technologies Price To Book Ratio
Is Jumia Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Jumia Technologies. If investors know Jumia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Jumia Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.98) | Revenue Per Share 1.847 | Quarterly Revenue Growth (0.11) | Return On Assets (0.18) | Return On Equity (0.82) |
The market value of Jumia Technologies is measured differently than its book value, which is the value of Jumia that is recorded on the company's balance sheet. Investors also form their own opinion of Jumia Technologies' value that differs from its market value or its book value, called intrinsic value, which is Jumia Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Jumia Technologies' market value can be influenced by many factors that don't directly affect Jumia Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Jumia Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jumia Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jumia Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Jumia Technologies '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 Jumia Technologies' 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 Jumia Technologies.
| 05/05/2022 |
| 04/24/2024 |
If you would invest 0.00 in Jumia Technologies on May 5, 2022 and sell it all today you would earn a total of 0.00 from holding Jumia Technologies AG or generate 0.0% return on investment in Jumia Technologies over 720 days. Jumia Technologies is related to or competes with Appian Corp, Okta, MongoDB, Twilio, and Trade Desk. Jumia Technologies AG operates an e-commerce platform in West Africa, North Africa, East and South Africa, Europe, the U... More
Jumia Technologies 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 Jumia Technologies' 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 Jumia Technologies AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.9 | |||
| Information Ratio | 0.086 | |||
| Maximum Drawdown | 53.18 | |||
| Value At Risk | (7.61) | |||
| Potential Upside | 8.36 |
Jumia Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Jumia Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jumia Technologies' standard deviation. In reality, there are many statistical measures that can use Jumia Technologies historical prices to predict the future Jumia Technologies' volatility.| Risk Adjusted Performance | 0.0695 | |||
| Jensen Alpha | 0.2998 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.1304 | |||
| Treynor Ratio | 0.136 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jumia Technologies' 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.
Jumia Technologies Backtested Returns
Jumia Technologies appears to be very risky, given 3 months investment horizon. Jumia Technologies holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. By evaluating Jumia Technologies' technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please utilize Jumia Technologies' Market Risk Adjusted Performance of 0.146, downside deviation of 4.9, and Risk Adjusted Performance of 0.0695 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Jumia Technologies holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 5.28, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Jumia Technologies will likely underperform. Please check Jumia Technologies' downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Jumia Technologies' current trending patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Jumia Technologies AG has modest reverse predictability. Overlapping area represents the amount of predictability between Jumia Technologies time series from 5th of May 2022 to 30th of April 2023 and 30th of April 2023 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 Jumia Technologies price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Jumia Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 |
Jumia Technologies lagged returns against current returns
Autocorrelation, which is Jumia Technologies 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 Jumia Technologies' stock expected returns. We can calculate the autocorrelation of Jumia Technologies returns to help us make a trade decision. For example, suppose you find that Jumia Technologies 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 |
Jumia Technologies 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 Jumia Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jumia Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jumia Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Jumia Technologies Lagged Returns
When evaluating Jumia Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jumia Technologies stock have on its future price. Jumia Technologies 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, Jumia Technologies autocorrelation shows the relationship between Jumia Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Jumia Technologies AG.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Jumia Technologies Correlation, Jumia Technologies Volatility and Jumia Technologies Alpha and Beta module to complement your research on Jumia Technologies. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Jumia Stock analysis
When running Jumia Technologies' price analysis, check to measure Jumia Technologies' 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 Jumia Technologies is operating at the current time. Most of Jumia Technologies' value examination focuses on studying past and present price action to predict the probability of Jumia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jumia Technologies' price. Additionally, you may evaluate how the addition of Jumia Technologies to your portfolios can decrease your overall portfolio volatility.
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios |
Jumia Technologies 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.