JGCHEMICALS (India) Market Value
| JGCHEM Stock | 500.90 8.70 1.71% |
| Symbol | JGCHEMICALS |
JGCHEMICALS '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 JGCHEMICALS'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 JGCHEMICALS.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in JGCHEMICALS on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding JGCHEMICALS LIMITED or generate 0.0% return on investment in JGCHEMICALS over 90 days. JGCHEMICALS is related to or competes with Osia Hyper, Shaily Engineering, Alkali Metals, Industrial Investment, Lakshmi Finance, Agarwal Industrial, and Modi Rubber. JGCHEMICALS is entity of India. It is traded as Stock on NSE exchange. More
JGCHEMICALS 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 JGCHEMICALS'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 JGCHEMICALS LIMITED upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.34 | |||
| Information Ratio | 0.1188 | |||
| Maximum Drawdown | 17.02 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 5.85 |
JGCHEMICALS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JGCHEMICALS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JGCHEMICALS's standard deviation. In reality, there are many statistical measures that can use JGCHEMICALS historical prices to predict the future JGCHEMICALS's volatility.| Risk Adjusted Performance | 0.1626 | |||
| Jensen Alpha | 0.5557 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.17 | |||
| Treynor Ratio | 9.94 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of JGCHEMICALS'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.
JGCHEMICALS LIMITED Backtested Returns
JGCHEMICALS appears to be very steady, given 3 months investment horizon. JGCHEMICALS LIMITED retains Efficiency (Sharpe Ratio) of 0.17, which attests that the entity had a 0.17 % return per unit of return volatility over the last 3 months. By examining JGCHEMICALS's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize JGCHEMICALS's Market Risk Adjusted Performance of 9.95, semi deviation of 1.93, and Downside Deviation of 2.34 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, JGCHEMICALS holds a performance score of 13. The company owns a Beta (Systematic Risk) of 0.0569, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JGCHEMICALS's returns are expected to increase less than the market. However, during the bear market, the loss of holding JGCHEMICALS is expected to be smaller as well. Please check JGCHEMICALS's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether JGCHEMICALS's current price history will revert.
Auto-correlation | 0.71 |
Good predictability
JGCHEMICALS LIMITED has good predictability. Overlapping area represents the amount of predictability between JGCHEMICALS time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of JGCHEMICALS LIMITED price movement. The serial correlation of 0.71 indicates that around 71.0% of current JGCHEMICALS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 3050.87 |
JGCHEMICALS LIMITED lagged returns against current returns
Autocorrelation, which is JGCHEMICALS 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 JGCHEMICALS's stock expected returns. We can calculate the autocorrelation of JGCHEMICALS returns to help us make a trade decision. For example, suppose you find that JGCHEMICALS 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
JGCHEMICALS 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 JGCHEMICALS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JGCHEMICALS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JGCHEMICALS stock over time.
Current vs Lagged Prices |
| Timeline |
JGCHEMICALS Lagged Returns
When evaluating JGCHEMICALS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JGCHEMICALS stock have on its future price. JGCHEMICALS 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, JGCHEMICALS autocorrelation shows the relationship between JGCHEMICALS stock current value and its past values and can show if there is a momentum factor associated with investing in JGCHEMICALS LIMITED.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in JGCHEMICALS Stock
JGCHEMICALS financial ratios help investors to determine whether JGCHEMICALS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in JGCHEMICALS with respect to the benefits of owning JGCHEMICALS security.