Jaguar Animal Correlations
| JAGX Stock | USD 0.32 0.03 10.34% |
The correlation of Jaguar Animal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Jaguar Animal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Jaguar Animal Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Good diversification
The correlation between Jaguar Animal Health and NYA is -0.15 (i.e., Good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Jaguar Animal Health and NYA in the same portfolio, assuming nothing else is changed.
Jaguar |
The ability to find closely correlated positions to Jaguar Animal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Jaguar Animal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Jaguar Animal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Jaguar Animal Health to buy it.
Moving together with Jaguar Stock
| 0.7 | PAHC | Phibro Animal Health Fiscal Year End 4th of September 2024 | PairCorr |
Moving against Jaguar Stock
| 0.76 | BMY | Bristol Myers Squibb Sell-off Trend | PairCorr |
| 0.75 | GILD | Gilead Sciences | PairCorr |
| 0.71 | ABBV | AbbVie Inc | PairCorr |
| 0.71 | TKNO | Alpha Teknova Financial Report 8th of May 2024 | PairCorr |
| 0.68 | JNJ | Johnson Johnson Aggressive Push | PairCorr |
| 0.64 | EGRX | Eagle Pharmaceuticals | PairCorr |
| 0.53 | PROCW | Procaps Group SA | PairCorr |
| 0.42 | PROC | Procaps Group SA Report 10th of May 2024 | PairCorr |
Related Correlations Analysis
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Correlation Matchups
Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Jaguar Stock performing well and Jaguar Animal Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Jaguar Animal's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SHPH | 2.32 | 0.11 | 0.00 | (0.16) | 2.41 | 5.26 | 13.10 | |||
| LFCR | 3.19 | 0.22 | 0.02 | (0.51) | 5.67 | 9.04 | 46.34 | |||
| DERM | 5.26 | (0.07) | 0.00 | 0.23 | 0.00 | 10.81 | 43.08 | |||
| LSDI | 5.52 | (1.52) | 0.00 | (0.85) | 0.00 | 11.11 | 35.52 | |||
| ORGO | 3.41 | (0.58) | 0.00 | (0.17) | 0.00 | 6.13 | 32.98 | |||
| CYTH | 3.05 | (0.33) | 0.00 | (0.20) | 0.00 | 7.44 | 17.95 | |||
| MMNFF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| HCANF | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| SXTC | 4.89 | (0.83) | 0.00 | (0.33) | 0.00 | 8.42 | 65.62 |
Be your own money manager
Our tools can tell you how much better you can do entering a position in Jaguar Animal 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.Did you try this?
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Jaguar Animal Corporate Management
Elected by the shareholders, the Jaguar Animal's board of directors comprises two types of representatives: Jaguar Animal inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Jaguar. The board's role is to monitor Jaguar Animal's management team and ensure that shareholders' interests are well served. Jaguar Animal's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Jaguar Animal's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Steven King | Executive VP of Sustainable Supply, Ethnobotanical Research and Intellectual Property and Secretary | Profile | |
| Peter Hodge | Business Relations | Profile | |
| Carol MBA | Chief Officer | Profile | |
| DVM MS | VP Studies | Profile | |
| Karen Brunke | Executive Development | Profile | |
| Ian MBA | Chief Officer | Profile |
Already Invested in Jaguar Animal Health?
The danger of trading Jaguar Animal Health is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Jaguar Animal is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Jaguar Animal. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Jaguar Animal Health is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Jaguar Animal Health offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jaguar Animal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Jaguar Animal Health Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jaguar Animal Health Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jaguar Animal Health. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Jaguar Animal Health information on this page should be used as a complementary analysis to other Jaguar Animal'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 Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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When running Jaguar Animal's price analysis, check to measure Jaguar Animal'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 Jaguar Animal is operating at the current time. Most of Jaguar Animal's value examination focuses on studying past and present price action to predict the probability of Jaguar Animal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jaguar Animal's price. Additionally, you may evaluate how the addition of Jaguar Animal to your portfolios can decrease your overall portfolio volatility.
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Is Jaguar Animal's 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 Jaguar Animal. If investors know Jaguar 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 Jaguar Animal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.79) | Revenue Per Share 0.423 | Quarterly Revenue Growth (0.29) | Return On Assets (0.43) | Return On Equity (23.67) |
The market value of Jaguar Animal Health is measured differently than its book value, which is the value of Jaguar that is recorded on the company's balance sheet. Investors also form their own opinion of Jaguar Animal's value that differs from its market value or its book value, called intrinsic value, which is Jaguar Animal's 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 Jaguar Animal's market value can be influenced by many factors that don't directly affect Jaguar Animal's 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 Jaguar Animal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Jaguar Animal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jaguar Animal'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.