UNIPHAR PLC (Germany) Market Value
| 0NR Stock | EUR 2.08 0.06 2.97% |
| Symbol | UNIPHAR |
UNIPHAR PLC '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 UNIPHAR PLC'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 UNIPHAR PLC.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in UNIPHAR PLC on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding UNIPHAR PLC EO or generate 0.0% return on investment in UNIPHAR PLC over 60 days. UNIPHAR PLC is related to or competes with Fresenius Medical, HYGEIA HC, and . Uniphar plc operates as a diversified healthcare services company in the Republic of Ireland, the United Kingdom, and in... More
UNIPHAR PLC 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 UNIPHAR PLC'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 UNIPHAR PLC EO upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 9.04 | |||
| Value At Risk | (3.26) | |||
| Potential Upside | 2.62 |
UNIPHAR PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UNIPHAR PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UNIPHAR PLC's standard deviation. In reality, there are many statistical measures that can use UNIPHAR PLC historical prices to predict the future UNIPHAR PLC's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.74) |
UNIPHAR PLC EO Backtested Returns
UNIPHAR PLC EO owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of volatility over the last 3 months. UNIPHAR PLC EO exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UNIPHAR PLC's risk adjusted performance of (0.11), and Variance of 3.48 to confirm the risk estimate we provide. The entity has a beta of 0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, UNIPHAR PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding UNIPHAR PLC is expected to be smaller as well. At this point, UNIPHAR PLC EO has a negative expected return of -0.31%. Please make sure to validate UNIPHAR PLC's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if UNIPHAR PLC EO performance from the past will be repeated at future time.
Auto-correlation | 0.45 |
Average predictability
UNIPHAR PLC EO has average predictability. Overlapping area represents the amount of predictability between UNIPHAR PLC time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of UNIPHAR PLC EO price movement. The serial correlation of 0.45 indicates that just about 45.0% of current UNIPHAR PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
UNIPHAR PLC EO lagged returns against current returns
Autocorrelation, which is UNIPHAR PLC 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 UNIPHAR PLC's stock expected returns. We can calculate the autocorrelation of UNIPHAR PLC returns to help us make a trade decision. For example, suppose you find that UNIPHAR PLC 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 |
UNIPHAR PLC 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 UNIPHAR PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UNIPHAR PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UNIPHAR PLC stock over time.
Current vs Lagged Prices |
| Timeline |
UNIPHAR PLC Lagged Returns
When evaluating UNIPHAR PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UNIPHAR PLC stock have on its future price. UNIPHAR PLC 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, UNIPHAR PLC autocorrelation shows the relationship between UNIPHAR PLC stock current value and its past values and can show if there is a momentum factor associated with investing in UNIPHAR PLC EO.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in UNIPHAR Stock
UNIPHAR PLC financial ratios help investors to determine whether UNIPHAR 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 UNIPHAR with respect to the benefits of owning UNIPHAR PLC security.