Jiangxi OTC Pink Sheet Market Value

JIAXF
 Stock
  

USD 1.14  0.00  0.00%   

Jiangxi Copper's market value is the price at which a share of Jiangxi Copper stock trades on a public exchange. It measures the collective expectations of Jiangxi Copper investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Jiangxi Copper and determine expected loss or profit from investing in Jiangxi Copper over a given investment horizon. Please see Jiangxi Copper Correlation, Jiangxi Copper Volatility and Jiangxi Copper Alpha and Beta module to complement your research on Jiangxi Copper.
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Please note, there is a significant difference between Jiangxi Copper's value and its price as these two are different measures arrived at by different means. Investors typically determine Jiangxi Copper value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jiangxi Copper'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.

Jiangxi Copper '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 Jiangxi Copper's otc 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 Jiangxi Copper.
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11/04/2022
No Change 0.00  0.0 
In 30 days
12/04/2022
0.00
If you would invest  0.00  in Jiangxi Copper on November 4, 2022 and sell it all today you would earn a total of 0.00 from holding Jiangxi Copper or generate 0.0% return on investment in Jiangxi Copper over 30 days. Jiangxi Copper is related to or competes with Alcoa Corp, Synalloy, Agnico Eagle, Alamos Gold, Albemarle Corp, Alto Ingredients, and Air Products. Jiangxi Copper Company Limited engages in exploring, mining, smelting, and refining copper in Mainland China, Hong Kong,... More

Jiangxi Copper 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 Jiangxi Copper's otc 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 Jiangxi Copper upside and downside potential and time the market with a certain degree of confidence.

Jiangxi Copper Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jiangxi Copper's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jiangxi Copper's standard deviation. In reality, there are many statistical measures that can use Jiangxi Copper historical prices to predict the future Jiangxi Copper's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Jiangxi Copper'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. Please use the tools below to analyze the current value of Jiangxi Copper in the context of predictive analytics.
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LowReal ValueHigh
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jiangxi Copper. Your research has to be compared to or analyzed against Jiangxi Copper's peers to derive any actionable benefits. When done correctly, Jiangxi Copper's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Jiangxi Copper.

Jiangxi Copper Backtested Returns

We consider Jiangxi Copper very steady. Jiangxi Copper holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had 0.13% of return per unit of risk over the last 3 months. Our standpoint towards determining the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Jiangxi Copper, which you can use to evaluate the future volatility of the firm. Please check out Jiangxi Copper risk adjusted performance of 0.0562, and Market Risk Adjusted Performance of (0.62) to validate if the risk estimate we provide is consistent with the expected return of 0.0138%.
Jiangxi Copper has a performance score of 9 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0054, which attests to not very significant fluctuations relative to the market. Let's try to break down what Jiangxi's beta means in this case. As returns on the market increase, returns on owning Jiangxi Copper are expected to decrease at a much lower rate. During the bear market, Jiangxi Copper is likely to outperform the market. Although it is important to respect Jiangxi Copper current price history, it is better to be realistic regarding the information on the equity's current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By evaluating Jiangxi Copper technical indicators, you can presently evaluate if the expected return of 0.0138% will be sustainable into the future. Jiangxi Copper right now retains a risk of 0.11%. Please check out Jiangxi Copper potential upside, skewness, as well as the relationship between the jensen alpha and coefficient of variation to decide if Jiangxi Copper will be following its current trending patterns.

Auto-correlation

    
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No correlation between past and present

Jiangxi Copper has no correlation between past and present. Overlapping area represents the amount of predictability between Jiangxi Copper time series from 4th of November 2022 to 19th of November 2022 and 19th of November 2022 to 4th of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Jiangxi Copper price movement. The serial correlation of 0.0 indicates that just 0.0% of current Jiangxi Copper price fluctuation can be explain by its past prices.
Correlation Coefficient0.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Jiangxi Copper lagged returns against current returns

Autocorrelation, which is Jiangxi Copper otc 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 Jiangxi Copper's otc pink sheet expected returns. We can calculate the autocorrelation of Jiangxi Copper returns to help us make a trade decision. For example, suppose you find that Jiangxi Copper otc pink sheet 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

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

Jiangxi Copper Lagged Returns

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

Be your own money manager

Our tools can tell you how much better you can do entering a position in Jiangxi Copper without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Jiangxi Copper using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please see Jiangxi Copper Correlation, Jiangxi Copper Volatility and Jiangxi Copper Alpha and Beta module to complement your research on Jiangxi Copper. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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