Jpx Global Stock Market Value
| JPEX Stock | USD 0.0005 0.0001 16.67% |
| Symbol | JPX |
JPX Global '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 JPX Global'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 JPX Global.
| 02/19/2024 |
| 04/19/2024 |
If you would invest 0.00 in JPX Global on February 19, 2024 and sell it all today you would earn a total of 0.00 from holding JPX Global or generate 0.0% return on investment in JPX Global over 60 days. JPX Global is related to or competes with V2X, National Presto, Kaman, Woodward, Hexcel, Ducommun Incorporated, and Mercury Systems. JPX Global, Inc., a development stage company, intends to provide waste management services primarily in Mexico More
JPX Global 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 JPX Global'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 JPX Global upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 15.59 | |||
| Information Ratio | 0.0526 | |||
| Maximum Drawdown | 41.67 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 20.0 |
JPX Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JPX Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JPX Global's standard deviation. In reality, there are many statistical measures that can use JPX Global historical prices to predict the future JPX Global's volatility.| Risk Adjusted Performance | 0.0455 | |||
| Jensen Alpha | 0.6443 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0404 | |||
| Treynor Ratio | 0.9215 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JPX Global'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.
JPX Global Backtested Returns
JPX Global appears to be out of control, given 3 months investment horizon. JPX Global holds Efficiency (Sharpe) Ratio of 0.0373, which attests that the entity had a 0.0373% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for JPX Global, which you can use to evaluate the volatility of the firm. Please utilize JPX Global's market risk adjusted performance of 0.9315, and Risk Adjusted Performance of 0.0455 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, JPX Global holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of 0.75, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, JPX Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding JPX Global is expected to be smaller as well. Please check JPX Global's sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to make a quick decision on whether JPX Global's current trending patterns will revert.
Auto-correlation | 0.04 |
Virtually no predictability
JPX Global has virtually no predictability. Overlapping area represents the amount of predictability between JPX Global time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th 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 JPX Global price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current JPX Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
JPX Global lagged returns against current returns
Autocorrelation, which is JPX Global 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 JPX Global's pink sheet expected returns. We can calculate the autocorrelation of JPX Global returns to help us make a trade decision. For example, suppose you find that JPX Global 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 |
JPX Global 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 JPX Global pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JPX Global pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JPX Global pink sheet over time.
Current vs Lagged Prices |
| Timeline |
JPX Global Lagged Returns
When evaluating JPX Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JPX Global pink sheet have on its future price. JPX Global 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, JPX Global autocorrelation shows the relationship between JPX Global pink sheet current value and its past values and can show if there is a momentum factor associated with investing in JPX Global.
Regressed Prices |
| Timeline |
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Complementary Tools for JPX Pink Sheet analysis
When running JPX Global's price analysis, check to measure JPX Global'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 JPX Global is operating at the current time. Most of JPX Global's value examination focuses on studying past and present price action to predict the probability of JPX Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JPX Global's price. Additionally, you may evaluate how the addition of JPX Global to your portfolios can decrease your overall portfolio volatility.
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JPX Global 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.