JPWR-UN Stock Market Value

JPWR-UN
  

CAD 3.25  0.02  0.61%   

Jade Power's market value is the price at which a share of Jade Power stock trades on a public exchange. It measures the collective expectations of Jade Power Trust investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Jade Power Trust and determine expected loss or profit from investing in Jade Power over a given investment horizon. Please see Jade Power Correlation, Jade Power Volatility and Jade Power Alpha and Beta module to complement your research on Jade Power.
Symbol

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

Jade Power '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 Jade Power's 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 Jade Power.
0.00
12/16/2020
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/06/2022
0.00
If you would invest  0.00  in Jade Power on December 16, 2020 and sell it all today you would earn a total of 0.00 from holding Jade Power Trust or generate 0.0% return on investment in Jade Power over 720 days. Jade Power is related to or competes with Westport Fuel, Diamond Estates, PivotreeInc, NanoXplore, Methanex, Linamar, and Quisitive Technology. Jade Power Trust engages in renewable energy business in Romania, other countries in Europe, and internationally More

Jade Power 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 Jade Power's 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 Jade Power Trust upside and downside potential and time the market with a certain degree of confidence.

Jade Power Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Jade Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Jade Power's standard deviation. In reality, there are many statistical measures that can use Jade Power historical prices to predict the future Jade Power's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Jade Power'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 Jade Power in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.213.254.29
Details
Intrinsic
Valuation
LowReal ValueHigh
1.802.843.88
Details
Naive
Forecast
LowNext ValueHigh
2.303.344.38
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.943.113.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Jade Power. Your research has to be compared to or analyzed against Jade Power's peers to derive any actionable benefits. When done correctly, Jade Power'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 Jade Power Trust.

Jade Power Trust Backtested Returns

Jade Power appears to be somewhat reliable, given 3 months investment horizon. Jade Power Trust holds Efficiency (Sharpe) Ratio of 0.19, which attests that the entity had 0.19% 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 Jade Power Trust, which you can use to evaluate the future volatility of the firm. Please utilize Jade Power's Market Risk Adjusted Performance of (5.65), risk adjusted performance of 0.2774, and Downside Deviation of 1.29 to validate if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Jade Power holds a performance score of 14. The company retains a Market Volatility (i.e., Beta) of -0.0573, which attests to not very significant fluctuations relative to the market. Let's try to break down what JPWR-UN's beta means in this case. As returns on the market increase, returns on owning Jade Power are expected to decrease at a much lower rate. During the bear market, Jade Power is likely to outperform the market. Although it is important to respect Jade Power Trust 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 Jade Power Trust technical indicators, you can presently evaluate if the expected return of 0.2% will be sustainable into the future. Please utilizes Jade Power coefficient of variation, variance, and the relationship between the downside deviation and standard deviation to make a quick decision on whether Jade Power Trust current trending patterns will revert.

Auto-correlation

    
  -0.03  

Very weak reverse predictability

Jade Power Trust has very weak reverse predictability. Overlapping area represents the amount of predictability between Jade Power time series from 16th of December 2020 to 11th of December 2021 and 11th of December 2021 to 6th 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 Jade Power Trust price movement. The serial correlation of -0.03 indicates that only 3.0% of current Jade Power price fluctuation can be explain by its past prices.
Correlation Coefficient-0.03
Spearman Rank Test0.36
Residual Average0.0
Price Variance0.21

Jade Power Trust lagged returns against current returns

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

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

Jade Power Lagged Returns

When evaluating Jade Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Jade Power stock have on its future price. Jade Power 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, Jade Power autocorrelation shows the relationship between Jade Power stock current value and its past values and can show if there is a momentum factor associated with investing in Jade Power Trust.
   Regressed Prices   
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       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 Jade Power 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, Jade Power's short interest history, or implied volatility extrapolated from Jade Power options trading.

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Please see Jade Power Correlation, Jade Power Volatility and Jade Power Alpha and Beta module to complement your research on Jade Power. You can also try Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

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