UV Germi (France) Market Value
| ALUVI Stock | EUR 2.55 0.06 2.41% |
| Symbol | ALUVI |
UV Germi '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 UV Germi'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 UV Germi.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in UV Germi on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding UV Germi SA or generate 0.0% return on investment in UV Germi over 30 days. UV Germi is related to or competes with Novacyt, Intrasense, BIO UV, Eurobio Scientific, and Biosynex. UV GERMI, Socit anonyme develops and manufactures UV sterilizers for water treatment applications More
UV Germi 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 UV Germi'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 UV Germi SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 16.86 | |||
| Value At Risk | (4.14) | |||
| Potential Upside | 4.6 |
UV Germi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UV Germi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UV Germi's standard deviation. In reality, there are many statistical measures that can use UV Germi historical prices to predict the future UV Germi's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.85) | |||
| Treynor Ratio | 0.6224 |
UV Germi SA Backtested Returns
UV Germi SA retains Efficiency (Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of price deviation over the last 3 months. UV Germi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UV Germi's Risk Adjusted Performance of (0.09), standard deviation of 2.89, and Mean Deviation of 2.14 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning UV Germi are expected to decrease at a much lower rate. During the bear market, UV Germi is likely to outperform the market. At this point, UV Germi SA has a negative expected return of -0.39%. Please make sure to validate UV Germi's potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if UV Germi SA performance from the past will be repeated at some future date.
Auto-correlation | 0.44 |
Average predictability
UV Germi SA has average predictability. Overlapping area represents the amount of predictability between UV Germi time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd of December 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 UV Germi SA price movement. The serial correlation of 0.44 indicates that just about 44.0% of current UV Germi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
UV Germi SA lagged returns against current returns
Autocorrelation, which is UV Germi 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 UV Germi's stock expected returns. We can calculate the autocorrelation of UV Germi returns to help us make a trade decision. For example, suppose you find that UV Germi 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 |
UV Germi 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 UV Germi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UV Germi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UV Germi stock over time.
Current vs Lagged Prices |
| Timeline |
UV Germi Lagged Returns
When evaluating UV Germi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UV Germi stock have on its future price. UV Germi 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, UV Germi autocorrelation shows the relationship between UV Germi stock current value and its past values and can show if there is a momentum factor associated with investing in UV Germi SA.
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 ALUVI Stock Analysis
When running UV Germi's price analysis, check to measure UV Germi'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 UV Germi is operating at the current time. Most of UV Germi's value examination focuses on studying past and present price action to predict the probability of UV Germi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UV Germi's price. Additionally, you may evaluate how the addition of UV Germi to your portfolios can decrease your overall portfolio volatility.