JNK India (India) Market Value
| JNKINDIA | 329.35 1.20 0.37% |
| Symbol | JNK |
JNK India '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 JNK India'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 JNK India.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in JNK India on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding JNK India or generate 0.0% return on investment in JNK India over 90 days. JNK India is related to or competes with Indo Rama, Chemcon Speciality, Privi Speciality, Punjab Chemicals, Manali Petrochemicals, and Aban Offshore. JNK India is entity of India. It is traded as Stock on NSE exchange. More
JNK India 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 JNK India'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 JNK India upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 9.99 | |||
| Value At Risk | (4.39) | |||
| Potential Upside | 4.99 |
JNK India Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JNK India's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JNK India's standard deviation. In reality, there are many statistical measures that can use JNK India historical prices to predict the future JNK India's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.1577 |
JNK India Backtested Returns
JNK India holds Efficiency (Sharpe) Ratio of -0.0814, which attests that the entity had a -0.0814 % return per unit of risk over the last 3 months. JNK India exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JNK India's Coefficient Of Variation of (6,327), risk adjusted performance of (0.01), and Market Risk Adjusted Performance of 0.1677 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning JNK India are expected to decrease at a much lower rate. During the bear market, JNK India is likely to outperform the market. At this point, JNK India has a negative expected return of -0.19%. Please make sure to check out JNK India's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if JNK India performance from the past will be repeated at future time.
Auto-correlation | 0.16 |
Very weak predictability
JNK India has very weak predictability. Overlapping area represents the amount of predictability between JNK India time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 JNK India price movement. The serial correlation of 0.16 indicates that over 16.0% of current JNK India price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 350.4 |
JNK India lagged returns against current returns
Autocorrelation, which is JNK India 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 JNK India's stock expected returns. We can calculate the autocorrelation of JNK India returns to help us make a trade decision. For example, suppose you find that JNK India 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 |
JNK India 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 JNK India stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JNK India stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JNK India stock over time.
Current vs Lagged Prices |
| Timeline |
JNK India Lagged Returns
When evaluating JNK India's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JNK India stock have on its future price. JNK India 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, JNK India autocorrelation shows the relationship between JNK India stock current value and its past values and can show if there is a momentum factor associated with investing in JNK India.
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 JNK Stock
JNK India financial ratios help investors to determine whether JNK 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 JNK with respect to the benefits of owning JNK India security.