Union De (Peru) Market Value
| BACKUSI1 | 21.84 0.74 3.51% |
| Symbol | Union |
Please note, there is a significant difference between Union De's value and its price as these two are different measures arrived at by different means. Investors typically determine if Union De is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Union De'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.
Union De '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 Union De'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 Union De.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Union De on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Union de Cervecerias or generate 0.0% return on investment in Union De over 30 days. More
Union De 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 Union De'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 Union de Cervecerias upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 7.8 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 2.38 |
Union De Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Union De's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Union De's standard deviation. In reality, there are many statistical measures that can use Union De historical prices to predict the future Union De's volatility.| Risk Adjusted Performance | 0.0762 | |||
| Jensen Alpha | 0.1068 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 7.81 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Union De's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Union de Cervecerias Backtested Returns
Union De is very steady at the moment. Union de Cervecerias owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0842, which indicates the firm had a 0.0842% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Union de Cervecerias, which you can use to evaluate the volatility of the company. Please validate Union De's Risk Adjusted Performance of 0.0762, semi deviation of 0.8719, and Coefficient Of Variation of 1057.74 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Union De has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.0139, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Union De's returns are expected to increase less than the market. However, during the bear market, the loss of holding Union De is expected to be smaller as well. Union de Cervecerias right now has a risk of 1.27%. Please validate Union De potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Union De will be following its existing price patterns.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Union de Cervecerias has insignificant reverse predictability. Overlapping area represents the amount of predictability between Union De time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Union de Cervecerias price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Union De price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Union de Cervecerias lagged returns against current returns
Autocorrelation, which is Union De 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 Union De's stock expected returns. We can calculate the autocorrelation of Union De returns to help us make a trade decision. For example, suppose you find that Union De 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 |
Union De 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 Union De stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Union De stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Union De stock over time.
Current vs Lagged Prices |
| Timeline |
Union De Lagged Returns
When evaluating Union De's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Union De stock have on its future price. Union De 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, Union De autocorrelation shows the relationship between Union De stock current value and its past values and can show if there is a momentum factor associated with investing in Union de Cervecerias.
Regressed Prices |
| Timeline |
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Union De financial ratios help investors to determine whether Union 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 Union with respect to the benefits of owning Union De security.