UNITED URBAN (Germany) Market Value
| 0S2 Stock | EUR 845.00 10.00 1.20% |
| Symbol | UNITED |
Please note, there is a significant difference between UNITED URBAN's value and its price as these two are different measures arrived at by different means. Investors typically determine if UNITED URBAN is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UNITED URBAN's 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.
UNITED URBAN '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 UNITED URBAN'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 UNITED URBAN.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in UNITED URBAN on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding UNITED URBAN INV or generate 0.0% return on investment in UNITED URBAN over 30 days. UNITED URBAN is related to or competes with Upland Software, Unity Software, Sterling Construction, Alfa Financial, Hanison Construction, DAIRY FARM, and Federal Agricultural. More
UNITED URBAN 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 UNITED URBAN'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 UNITED URBAN INV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 4.71 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.22 |
UNITED URBAN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UNITED URBAN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UNITED URBAN's standard deviation. In reality, there are many statistical measures that can use UNITED URBAN historical prices to predict the future UNITED URBAN's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.98) |
UNITED URBAN INV Backtested Returns
UNITED URBAN INV owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0757, which indicates the firm had a -0.0757% return per unit of volatility over the last 3 months. UNITED URBAN INV exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UNITED URBAN's risk adjusted performance of (0.06), and Variance of 0.7848 to confirm the risk estimate we provide. The entity has a beta of 0.0784, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UNITED URBAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding UNITED URBAN is expected to be smaller as well. At this point, UNITED URBAN INV has a negative expected return of -0.0672%. Please make sure to validate UNITED URBAN's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if UNITED URBAN INV performance from the past will be repeated at future time.
Auto-correlation | 0.44 |
Average predictability
UNITED URBAN INV has average predictability. Overlapping area represents the amount of predictability between UNITED URBAN time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 UNITED URBAN INV price movement. The serial correlation of 0.44 indicates that just about 44.0% of current UNITED URBAN price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 52.07 |
UNITED URBAN INV lagged returns against current returns
Autocorrelation, which is UNITED URBAN 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 UNITED URBAN's stock expected returns. We can calculate the autocorrelation of UNITED URBAN returns to help us make a trade decision. For example, suppose you find that UNITED URBAN 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 |
UNITED URBAN 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 UNITED URBAN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UNITED URBAN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UNITED URBAN stock over time.
Current vs Lagged Prices |
| Timeline |
UNITED URBAN Lagged Returns
When evaluating UNITED URBAN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UNITED URBAN stock have on its future price. UNITED URBAN 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, UNITED URBAN autocorrelation shows the relationship between UNITED URBAN stock current value and its past values and can show if there is a momentum factor associated with investing in UNITED URBAN INV.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in UNITED Stock
UNITED URBAN financial ratios help investors to determine whether UNITED 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 UNITED with respect to the benefits of owning UNITED URBAN security.