Uchi Technologies (Malaysia) Market Value
| 7100 Stock | 3.99 0.07 1.79% |
| Symbol | Uchi |
Uchi Technologies '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 Uchi Technologies' 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 Uchi Technologies.
| 01/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Uchi Technologies on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding Uchi Technologies Bhd or generate 0.0% return on investment in Uchi Technologies over 690 days. Uchi Technologies is related to or competes with Apollo Food, and MI Technovation. More
Uchi Technologies 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 Uchi Technologies' 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 Uchi Technologies Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8784 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 8.16 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.63 |
Uchi Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Uchi Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Uchi Technologies' standard deviation. In reality, there are many statistical measures that can use Uchi Technologies historical prices to predict the future Uchi Technologies' volatility.| Risk Adjusted Performance | 0.0834 | |||
| Jensen Alpha | 0.0843 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.4814 |
Uchi Technologies Bhd Backtested Returns
As of now, Uchi Stock is somewhat reliable. Uchi Technologies Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Uchi Technologies Bhd, which you can use to evaluate the volatility of the company. Please validate Uchi Technologies' Semi Deviation of 0.6824, coefficient of variation of 958.13, and Risk Adjusted Performance of 0.0834 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Uchi Technologies has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Uchi Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Uchi Technologies is expected to be smaller as well. Uchi Technologies Bhd right now has a risk of 1.15%. Please validate Uchi Technologies downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Uchi Technologies will be following its existing price patterns.
Auto-correlation | 0.53 |
Modest predictability
Uchi Technologies Bhd has modest predictability. Overlapping area represents the amount of predictability between Uchi Technologies 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 Uchi Technologies Bhd price movement. The serial correlation of 0.53 indicates that about 53.0% of current Uchi Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Uchi Technologies Bhd lagged returns against current returns
Autocorrelation, which is Uchi Technologies 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 Uchi Technologies' stock expected returns. We can calculate the autocorrelation of Uchi Technologies returns to help us make a trade decision. For example, suppose you find that Uchi Technologies 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 |
Uchi Technologies 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 Uchi Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Uchi Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Uchi Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Uchi Technologies Lagged Returns
When evaluating Uchi Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Uchi Technologies stock have on its future price. Uchi Technologies 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, Uchi Technologies autocorrelation shows the relationship between Uchi Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Uchi Technologies Bhd.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Uchi Stock
Uchi Technologies financial ratios help investors to determine whether Uchi 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 Uchi with respect to the benefits of owning Uchi Technologies security.