Ubs Small Cap Fund Market Value
| BISCX Fund | USD 24.33 0.09 0.37% |
| Symbol | Ubs |
Ubs Small '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 Ubs Small's mutual fund 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 Ubs Small.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Ubs Small on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ubs Small Cap or generate 0.0% return on investment in Ubs Small over 30 days. Ubs Small is related to or competes with Icon Financial, Gabelli Global, Davis Financial, Mesirow Financial, John Hancock, and Davis Financial. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities of U.S More
Ubs Small 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 Ubs Small's mutual fund 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 Ubs Small Cap upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | 0.0286 | |||
| Maximum Drawdown | 6.5 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 1.91 |
Ubs Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ubs Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ubs Small's standard deviation. In reality, there are many statistical measures that can use Ubs Small historical prices to predict the future Ubs Small's volatility.| Risk Adjusted Performance | 0.1093 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0268 | |||
| Treynor Ratio | 0.1173 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ubs Small'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.
Ubs Small Cap Backtested Returns
Ubs Small appears to be very steady, given 3 months investment horizon. Ubs Small Cap owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the fund had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ubs Small Cap, which you can use to evaluate the volatility of the fund. Please review Ubs Small's Risk Adjusted Performance of 0.1093, coefficient of variation of 725.77, and Semi Deviation of 1.13 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 1.39, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ubs Small will likely underperform.
Auto-correlation | 0.90 |
Excellent predictability
Ubs Small Cap has excellent predictability. Overlapping area represents the amount of predictability between Ubs Small time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Ubs Small Cap price movement. The serial correlation of 0.9 indicates that approximately 90.0% of current Ubs Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.9 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
Ubs Small Cap lagged returns against current returns
Autocorrelation, which is Ubs Small mutual fund'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 Ubs Small's mutual fund expected returns. We can calculate the autocorrelation of Ubs Small returns to help us make a trade decision. For example, suppose you find that Ubs Small has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Ubs Small 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 Ubs Small mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ubs Small mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ubs Small mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ubs Small Lagged Returns
When evaluating Ubs Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ubs Small mutual fund have on its future price. Ubs Small 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, Ubs Small autocorrelation shows the relationship between Ubs Small mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ubs Small Cap.
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 Ubs Mutual Fund
Ubs Small financial ratios help investors to determine whether Ubs Mutual Fund 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 Ubs with respect to the benefits of owning Ubs Small security.
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