Ubisoft Entertainment (UK) Market Value
| 0NVL Stock | 11.21 0.02 0.18% |
| Symbol | Ubisoft |
Ubisoft Entertainment '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 Ubisoft Entertainment'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 Ubisoft Entertainment.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Ubisoft Entertainment on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Ubisoft Entertainment or generate 0.0% return on investment in Ubisoft Entertainment over 30 days. Ubisoft Entertainment is related to or competes with Evolution Gaming, Monks Investment, Aberdeen Diversified, Lindsell Train, Trainline Plc, EJF Investments, and Bankers Investment. Ubisoft Entertainment is entity of United Kingdom More
Ubisoft Entertainment 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 Ubisoft Entertainment'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 Ubisoft Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 18.06 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 3.13 |
Ubisoft Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ubisoft Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ubisoft Entertainment's standard deviation. In reality, there are many statistical measures that can use Ubisoft Entertainment historical prices to predict the future Ubisoft Entertainment's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | 1.08 |
Ubisoft Entertainment Backtested Returns
Ubisoft Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1 % return per unit of risk over the last 3 months. Ubisoft Entertainment exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ubisoft Entertainment's Coefficient Of Variation of (1,163), variance of 6.89, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of -0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ubisoft Entertainment are expected to decrease at a much lower rate. During the bear market, Ubisoft Entertainment is likely to outperform the market. At this point, Ubisoft Entertainment has a negative expected return of -0.28%. Please make sure to validate Ubisoft Entertainment's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Ubisoft Entertainment performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Ubisoft Entertainment has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ubisoft Entertainment time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 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 Ubisoft Entertainment price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Ubisoft Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Ubisoft Entertainment lagged returns against current returns
Autocorrelation, which is Ubisoft Entertainment 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 Ubisoft Entertainment's stock expected returns. We can calculate the autocorrelation of Ubisoft Entertainment returns to help us make a trade decision. For example, suppose you find that Ubisoft Entertainment 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 |
Ubisoft Entertainment 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 Ubisoft Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ubisoft Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ubisoft Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Ubisoft Entertainment Lagged Returns
When evaluating Ubisoft Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ubisoft Entertainment stock have on its future price. Ubisoft Entertainment 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, Ubisoft Entertainment autocorrelation shows the relationship between Ubisoft Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Ubisoft Entertainment.
Regressed Prices |
| Timeline |
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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.Additional Tools for Ubisoft Stock Analysis
When running Ubisoft Entertainment's price analysis, check to measure Ubisoft Entertainment's 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 Ubisoft Entertainment is operating at the current time. Most of Ubisoft Entertainment's value examination focuses on studying past and present price action to predict the probability of Ubisoft Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ubisoft Entertainment's price. Additionally, you may evaluate how the addition of Ubisoft Entertainment to your portfolios can decrease your overall portfolio volatility.