Jerash Holdings Stock Technical Analysis

JRSH Stock  USD 3.08  0.00  0.00%   
As of the 25th of April, Jerash Holdings retains the Risk Adjusted Performance of 0.0305, market risk adjusted performance of 0.1453, and Downside Deviation of 1.77. Jerash Holdings 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 are able to interpolate and collect nineteen technical drivers for Jerash Holdings, which can be compared to its competitors. Please check out Jerash Holdings variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if Jerash Holdings is priced fairly, providing market reflects its last-minute price of 3.08 per share. Given that Jerash Holdings has jensen alpha of 0.0169, we strongly advise you to confirm Jerash Holdings's regular market performance to make sure the company can sustain itself at a future point.

Jerash Holdings Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Jerash, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Jerash
  
Jerash Holdings' 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.

Jerash Holdings Analyst Consensus

Target PriceAdvice# of Analysts
10.33Strong Buy3Odds
Jerash Holdings current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Jerash 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 Jerash stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Jerash Holdings, talking to its executives and customers, or listening to Jerash conference calls.
Jerash Analyst Advice Details
Jerash Holdings 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 Jerash Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Jerash Holdings 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...

Jerash Holdings Technical Analysis

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Execute Indicator
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Jerash Holdings volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Jerash Holdings Trend Analysis

Use this graph to draw trend lines for Jerash Holdings. You can use it to identify possible trend reversals for Jerash Holdings 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 Jerash Holdings price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Jerash Holdings Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Jerash Holdings applied against its price change over selected period. The best fit line has a slop of   0.001  , which may suggest that Jerash Holdings market price will keep on failing further. It has 122 observation points and a regression sum of squares at 0.04, which is the sum of squared deviations for the predicted Jerash Holdings price change compared to its average price change.

About Jerash Holdings 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 Jerash Holdings 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 Jerash Holdings based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Jerash Holdings price pattern first instead of the macroeconomic environment surrounding Jerash Holdings. By analyzing Jerash Holdings'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 Jerash Holdings'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 Jerash Holdings specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.03120.04180.04810.0389
Price To Sales Ratio0.530.430.490.47

Jerash Holdings April 25, 2024 Technical Indicators

Most technical analysis of Jerash 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 Jerash from various momentum indicators to cycle indicators. When you analyze Jerash 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.

Jerash Holdings April 25, 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 Jerash 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 Jerash Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Jerash Holdings' 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 Jerash Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Jerash Holdings Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Jerash Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
For more detail on how to invest in Jerash Stock please use our How to Invest in Jerash Holdings guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running Jerash Holdings' price analysis, check to measure Jerash Holdings' 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 Jerash Holdings is operating at the current time. Most of Jerash Holdings' value examination focuses on studying past and present price action to predict the probability of Jerash Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jerash Holdings' price. Additionally, you may evaluate how the addition of Jerash Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Jerash Holdings' 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 Jerash Holdings. If investors know Jerash 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 Jerash Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.74)
Dividend Share
0.2
Earnings Share
(0.07)
Revenue Per Share
9.516
Quarterly Revenue Growth
(0.36)
The market value of Jerash Holdings is measured differently than its book value, which is the value of Jerash that is recorded on the company's balance sheet. Investors also form their own opinion of Jerash Holdings' value that differs from its market value or its book value, called intrinsic value, which is Jerash Holdings' 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 Jerash Holdings' market value can be influenced by many factors that don't directly affect Jerash Holdings' 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 Jerash Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Jerash Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Jerash Holdings' 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.