Johnson Johnson Cdr Stock Market Value
| JNJ Stock | 21.56 0.11 0.51% |
| Symbol | Johnson |
Johnson Johnson '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 Johnson Johnson'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 Johnson Johnson.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Johnson Johnson on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Johnson Johnson CDR or generate 0.0% return on investment in Johnson Johnson over 90 days. Johnson Johnson is related to or competes with High Liner, Thunderbird Entertainment, Salesforce, Guru Organic, Magna Mining, Pace Metals, and Chemtrade Logistics. Johnson Johnson is entity of Canada. It is traded as Stock on NEO exchange. More
Johnson Johnson 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 Johnson Johnson'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 Johnson Johnson CDR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.53 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 2.15 |
Johnson Johnson Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Johnson Johnson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Johnson Johnson's standard deviation. In reality, there are many statistical measures that can use Johnson Johnson historical prices to predict the future Johnson Johnson's volatility.| Risk Adjusted Performance | 0.0847 | |||
| Jensen Alpha | 0.1347 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.41) |
Johnson Johnson CDR Backtested Returns
As of now, Johnson Stock is very steady. Johnson Johnson CDR holds Efficiency (Sharpe) Ratio of 0.0833, which attests that the entity had a 0.0833 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Johnson Johnson CDR, which you can use to evaluate the volatility of the firm. Please check out Johnson Johnson's Market Risk Adjusted Performance of (0.40), risk adjusted performance of 0.0847, and Downside Deviation of 1.06 to validate if the risk estimate we provide is consistent with the expected return of 0.1%. Johnson Johnson has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.25, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Johnson Johnson are expected to decrease at a much lower rate. During the bear market, Johnson Johnson is likely to outperform the market. Johnson Johnson CDR right now retains a risk of 1.25%. Please check out Johnson Johnson standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Johnson Johnson will be following its current trending patterns.
Auto-correlation | 0.22 |
Weak predictability
Johnson Johnson CDR has weak predictability. Overlapping area represents the amount of predictability between Johnson Johnson time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Johnson Johnson CDR price movement. The serial correlation of 0.22 indicates that over 22.0% of current Johnson Johnson price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Johnson Johnson CDR lagged returns against current returns
Autocorrelation, which is Johnson Johnson 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 Johnson Johnson's stock expected returns. We can calculate the autocorrelation of Johnson Johnson returns to help us make a trade decision. For example, suppose you find that Johnson Johnson 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 |
Johnson Johnson 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 Johnson Johnson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Johnson Johnson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Johnson Johnson stock over time.
Current vs Lagged Prices |
| Timeline |
Johnson Johnson Lagged Returns
When evaluating Johnson Johnson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Johnson Johnson stock have on its future price. Johnson Johnson 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, Johnson Johnson autocorrelation shows the relationship between Johnson Johnson stock current value and its past values and can show if there is a momentum factor associated with investing in Johnson Johnson CDR.
Regressed Prices |
| Timeline |
Pair Trading with Johnson Johnson
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Johnson Johnson position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Johnson Johnson will appreciate offsetting losses from the drop in the long position's value.Moving against Johnson Stock
The ability to find closely correlated positions to Johnson Johnson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Johnson Johnson 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 Johnson Johnson - 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 Johnson Johnson CDR to buy it.
The correlation of Johnson Johnson 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 Johnson Johnson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Johnson Johnson CDR 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.
Correlation analysis and pair trading evaluation for Johnson Johnson can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Johnson Stock
Johnson Johnson financial ratios help investors to determine whether Johnson 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 Johnson with respect to the benefits of owning Johnson Johnson security.