UCloud Technology (China) Market Value
| 688158 Stock | 14.34 0.44 3.17% |
| Symbol | UCloud |
UCloud Technology '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 UCloud Technology'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 UCloud Technology.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in UCloud Technology on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding UCloud Technology Co or generate 0.0% return on investment in UCloud Technology over 690 days. UCloud Technology is related to or competes with Kweichow Moutai, NAURA Technology, APT Medical, Contemporary Amperex, and Beijing Roborock. UCloud Technology is entity of China. It is traded as Stock on SHG exchange. More
UCloud Technology 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 UCloud Technology'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 UCloud Technology Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.99 | |||
| Information Ratio | 0.117 | |||
| Maximum Drawdown | 31.54 | |||
| Value At Risk | (6.21) | |||
| Potential Upside | 6.17 |
UCloud Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UCloud Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UCloud Technology's standard deviation. In reality, there are many statistical measures that can use UCloud Technology historical prices to predict the future UCloud Technology's volatility.| Risk Adjusted Performance | 0.118 | |||
| Jensen Alpha | 0.7164 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.1415 | |||
| Treynor Ratio | (2.12) |
UCloud Technology Backtested Returns
UCloud Technology appears to be slightly risky, given 3 months investment horizon. UCloud Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the company had a 0.17% return per unit of risk over the last 3 months. By inspecting UCloud Technology's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please review UCloud Technology's downside deviation of 3.99, and Market Risk Adjusted Performance of (2.11) to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, UCloud Technology holds a performance score of 12. The firm has a beta of -0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning UCloud Technology are expected to decrease at a much lower rate. During the bear market, UCloud Technology is likely to outperform the market. Please check UCloud Technology's coefficient of variation, jensen alpha, and the relationship between the downside deviation and standard deviation , to make a quick decision on whether UCloud Technology's existing price patterns will revert.
Auto-correlation | 0.11 |
Insignificant predictability
UCloud Technology Co has insignificant predictability. Overlapping area represents the amount of predictability between UCloud Technology time series from 9th of January 2023 to 20th of December 2023 and 20th of December 2023 to 29th 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 UCloud Technology price movement. The serial correlation of 0.11 indicates that less than 11.0% of current UCloud Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 4.42 |
UCloud Technology lagged returns against current returns
Autocorrelation, which is UCloud Technology 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 UCloud Technology's stock expected returns. We can calculate the autocorrelation of UCloud Technology returns to help us make a trade decision. For example, suppose you find that UCloud Technology 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 |
UCloud Technology 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 UCloud Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UCloud Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UCloud Technology stock over time.
Current vs Lagged Prices |
| Timeline |
UCloud Technology Lagged Returns
When evaluating UCloud Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UCloud Technology stock have on its future price. UCloud Technology 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, UCloud Technology autocorrelation shows the relationship between UCloud Technology stock current value and its past values and can show if there is a momentum factor associated with investing in UCloud Technology Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in UCloud Stock
UCloud Technology financial ratios help investors to determine whether UCloud 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 UCloud with respect to the benefits of owning UCloud Technology security.