Jadeart Group Stock Market Value

JADA Stock  USD 0.01  0  8.33%   
Jadeart's market value is the price at which a share of Jadeart trades on a public exchange. It measures the collective expectations of Jadeart Group investors about its performance. Jadeart is trading at 0.011 as of the 28th of March 2024, a -8.33% down since the beginning of the trading day. The stock's open price was 0.012.
With this module, you can estimate the performance of a buy and hold strategy of Jadeart Group and determine expected loss or profit from investing in Jadeart over a given investment horizon. Check out Jadeart Correlation, Jadeart Volatility and Jadeart Alpha and Beta module to complement your research on Jadeart.
Symbol

Please note, there is a significant difference between Jadeart's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jadeart is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jadeart's 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.

Jadeart '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 Jadeart'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 Jadeart.
0.00
06/07/2022
No Change 0.00  0.0 
In 1 year 9 months and 23 days
03/28/2024
0.00
If you would invest  0.00  in Jadeart on June 7, 2022 and sell it all today you would earn a total of 0.00 from holding Jadeart Group or generate 0.0% return on investment in Jadeart over 660 days. Jadeart is related to or competes with KB Financial, Shinhan Financial, Korea Electric, Ecopetrol, Woori Financial, Hyundai, and VinFast Auto. Jade Art Group Inc., through its subsidiary, JiangXi SheTai Jade Industrial Company Limited, engages in the sale and dis... More

Jadeart 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 Jadeart'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 Jadeart Group upside and downside potential and time the market with a certain degree of confidence.

Jadeart Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jadeart's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jadeart's standard deviation. In reality, there are many statistical measures that can use Jadeart historical prices to predict the future Jadeart's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Jadeart'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.
Hype
Prediction
LowEstimatedHigh
0.000.0123.77
Details
Intrinsic
Valuation
LowRealHigh
0.000.0123.77
Details
Naive
Forecast
LowNextHigh
0.00020.0123.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.010.010.01
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jadeart. Your research has to be compared to or analyzed against Jadeart's peers to derive any actionable benefits. When done correctly, Jadeart's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Jadeart Group.

Jadeart Group Backtested Returns

Jadeart is out of control given 3 months investment horizon. Jadeart Group holds Efficiency (Sharpe) Ratio of 0.0888, which attests that the entity had a 0.0888% return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.11% are justified by taking the suggested risk. Use Jadeart Group Risk Adjusted Performance of 0.0634, downside deviation of 22.96, and Market Risk Adjusted Performance of (1.86) to evaluate company specific risk that cannot be diversified away. Jadeart holds a performance score of 6 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.24, which attests to a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Jadeart are expected to decrease by larger amounts. On the other hand, during market turmoil, Jadeart is expected to outperform it. Use Jadeart Group downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to analyze future returns on Jadeart Group.

Auto-correlation

    
  0.10  

Insignificant predictability

Jadeart Group has insignificant predictability. Overlapping area represents the amount of predictability between Jadeart time series from 7th of June 2022 to 3rd of May 2023 and 3rd of May 2023 to 28th of March 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 Jadeart Group price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Jadeart price fluctuation can be explain by its past prices.
Correlation Coefficient0.1
Spearman Rank Test-0.32
Residual Average0.0
Price Variance0.0

Jadeart Group lagged returns against current returns

Autocorrelation, which is Jadeart 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 Jadeart's pink sheet expected returns. We can calculate the autocorrelation of Jadeart returns to help us make a trade decision. For example, suppose you find that Jadeart 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  

Jadeart 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 Jadeart pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Jadeart pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Jadeart pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Jadeart Lagged Returns

When evaluating Jadeart's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jadeart pink sheet have on its future price. Jadeart 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, Jadeart autocorrelation shows the relationship between Jadeart pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Jadeart Group.
   Regressed Prices   
       Timeline  

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Check out Jadeart Correlation, Jadeart Volatility and Jadeart Alpha and Beta module to complement your research on Jadeart.
Note that the Jadeart Group information on this page should be used as a complementary analysis to other Jadeart'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Jadeart's price analysis, check to measure Jadeart'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 Jadeart is operating at the current time. Most of Jadeart's value examination focuses on studying past and present price action to predict the probability of Jadeart's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jadeart's price. Additionally, you may evaluate how the addition of Jadeart to your portfolios can decrease your overall portfolio volatility.
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Jadeart 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.
A focus of Jadeart technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jadeart 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...