Jumia Technologies Ag Stock Technical Analysis

JMIA Stock  USD 4.16  0.22  5.58%   
As of the 22nd of April, Jumia Technologies retains the Market Risk Adjusted Performance of 0.133, downside deviation of 4.9, and Risk Adjusted Performance of 0.0628. Jumia Technologies technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to collect and analyze data for nineteen technical drivers for Jumia Technologies, which can be compared to its competitors. Please check out Jumia Technologies maximum drawdown, and the relationship between the information ratio and downside variance to decide if Jumia Technologies is priced fairly, providing market reflects its last-minute price of 4.16 per share. Given that Jumia Technologies AG has jensen alpha of 0.2473, we strongly advise you to confirm Jumia Technologies's regular market performance to make sure the company can sustain itself at a future point.

Jumia Technologies Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jumia, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Jumia
  
Jumia Technologies' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Jumia Technologies Analyst Consensus

Target PriceAdvice# of Analysts
4.0Hold2Odds
Jumia Technologies AG current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Jumia analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Jumia stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Jumia Technologies, talking to its executives and customers, or listening to Jumia conference calls.
Jumia Analyst Advice Details
Jumia Technologies 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 Jumia Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jumia Technologies 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...

Jumia Technologies Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Jumia Technologies volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Jumia Technologies Trend Analysis

Use this graph to draw trend lines for Jumia Technologies AG. You can use it to identify possible trend reversals for Jumia Technologies as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Jumia Technologies price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Jumia Technologies Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Jumia Technologies AG applied against its price change over selected period. The best fit line has a slop of   0.03  , which means Jumia Technologies AG will continue generating value for investors. It has 122 observation points and a regression sum of squares at 36.23, which is the sum of squared deviations for the predicted Jumia Technologies price change compared to its average price change.

About Jumia Technologies Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Jumia Technologies AG on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Jumia Technologies AG based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Jumia Technologies price pattern first instead of the macroeconomic environment surrounding Jumia Technologies. By analyzing Jumia Technologies's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Jumia Technologies's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Jumia Technologies specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding47.663.057.3762.07
PTB Ratio2.671.845.144.89

Jumia Technologies April 22, 2024 Technical Indicators

Most technical analysis of Jumia help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Jumia from various momentum indicators to cycle indicators. When you analyze Jumia charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Jumia Technologies April 22, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Jumia stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
When determining whether Jumia Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jumia Technologies' 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 Jumia Technologies Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jumia Technologies Ag Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jumia Technologies AG. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
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 Jumia Technologies' price analysis, check to measure Jumia Technologies' 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 Jumia Technologies is operating at the current time. Most of Jumia Technologies' value examination focuses on studying past and present price action to predict the probability of Jumia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jumia Technologies' price. Additionally, you may evaluate how the addition of Jumia Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Jumia Technologies' 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 Jumia Technologies. If investors know Jumia 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 Jumia Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Revenue Per Share
1.847
Quarterly Revenue Growth
(0.11)
Return On Assets
(0.18)
Return On Equity
(0.82)
The market value of Jumia Technologies is measured differently than its book value, which is the value of Jumia that is recorded on the company's balance sheet. Investors also form their own opinion of Jumia Technologies' value that differs from its market value or its book value, called intrinsic value, which is Jumia Technologies' 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 Jumia Technologies' market value can be influenced by many factors that don't directly affect Jumia Technologies' 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 Jumia Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jumia Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jumia Technologies' 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.