Universal Apparel Textile Stock Market Value
Universal Apparel's market value is the price at which a share of Universal Apparel trades on a public exchange. It measures the collective expectations of Universal Apparel Textile investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Universal Apparel Textile and determine expected loss or profit from investing in Universal Apparel over a given investment horizon. Check out Universal Apparel Correlation, Universal Apparel Volatility and Universal Apparel Alpha and Beta module to complement your research on Universal Apparel.
| Symbol | Universal |
Universal Apparel Textile Price To Book Ratio
Is Apparel Manufacturing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Apparel. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Apparel listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Universal Apparel Textile is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Apparel's value that differs from its market value or its book value, called intrinsic value, which is Universal Apparel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Apparel's market value can be influenced by many factors that don't directly affect Universal Apparel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Apparel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Apparel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Apparel'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.
Universal Apparel '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 Universal Apparel'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 Universal Apparel.
| 11/25/2025 |
| 12/25/2025 |
If you would invest 0.00 in Universal Apparel on November 25, 2025 and sell it all today you would earn a total of 0.00 from holding Universal Apparel Textile or generate 0.0% return on investment in Universal Apparel over 30 days. Universal Apparel Textile Company, through its subsidiary, Universal Apparel Company, engages in the wholesale of appare... More
Universal Apparel 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 Universal Apparel'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 Universal Apparel Textile upside and downside potential and time the market with a certain degree of confidence.
Universal Apparel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Universal Apparel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Universal Apparel's standard deviation. In reality, there are many statistical measures that can use Universal Apparel historical prices to predict the future Universal Apparel's volatility.Universal Apparel Textile Backtested Returns
We have found zero technical indicators for Universal Apparel Textile, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Universal Apparel are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Universal Apparel Textile has no correlation between past and present. Overlapping area represents the amount of predictability between Universal Apparel time series from 25th of November 2025 to 10th of December 2025 and 10th of December 2025 to 25th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Universal Apparel Textile price movement. The serial correlation of 0.0 indicates that just 0.0% of current Universal Apparel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Universal Apparel Textile lagged returns against current returns
Autocorrelation, which is Universal Apparel 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 Universal Apparel's stock expected returns. We can calculate the autocorrelation of Universal Apparel returns to help us make a trade decision. For example, suppose you find that Universal Apparel 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 |
Universal Apparel 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 Universal Apparel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Universal Apparel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Universal Apparel stock over time.
Current vs Lagged Prices |
| Timeline |
Universal Apparel Lagged Returns
When evaluating Universal Apparel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Universal Apparel stock have on its future price. Universal Apparel 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, Universal Apparel autocorrelation shows the relationship between Universal Apparel stock current value and its past values and can show if there is a momentum factor associated with investing in Universal Apparel Textile.
Regressed Prices |
| Timeline |
Pair Trading with Universal Apparel
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Universal Apparel position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Universal Apparel will appreciate offsetting losses from the drop in the long position's value.Moving against Universal Stock
| 0.51 | ATRO | Astronics | PairCorr |
| 0.39 | PFE | Pfizer Inc | PairCorr |
| 0.34 | TEL | TE Connectivity | PairCorr |
| 0.33 | HNRC | Houston Natural Resources | PairCorr |
| 0.31 | SIGL | Signal Advance | PairCorr |
The ability to find closely correlated positions to Universal Apparel could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal Apparel when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Universal Apparel - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Universal Apparel Textile to buy it.
The correlation of Universal Apparel is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Universal Apparel moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal Apparel Textile moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Universal Apparel can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Universal Stock Analysis
When running Universal Apparel's price analysis, check to measure Universal Apparel'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 Universal Apparel is operating at the current time. Most of Universal Apparel's value examination focuses on studying past and present price action to predict the probability of Universal Apparel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Apparel's price. Additionally, you may evaluate how the addition of Universal Apparel to your portfolios can decrease your overall portfolio volatility.