Universal Entertainment (Germany) Market Value
| RUZ Stock | EUR 6.55 0.10 1.55% |
| Symbol | Universal |
Universal Entertainment '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 Entertainment'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 Entertainment.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Universal Entertainment on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Universal Entertainment or generate 0.0% return on investment in Universal Entertainment over 30 days. Universal Entertainment is related to or competes with Apple, Apple, Microsoft, and Microsoft. More
Universal Entertainment 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 Entertainment'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 Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 25.07 | |||
| Value At Risk | (3.64) | |||
| Potential Upside | 3.38 |
Universal Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Universal Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Universal Entertainment's standard deviation. In reality, there are many statistical measures that can use Universal Entertainment historical prices to predict the future Universal Entertainment's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | 2.48 |
Universal Entertainment Backtested Returns
Universal Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0888, which indicates the firm had a -0.0888% return per unit of risk over the last 3 months. Universal Entertainment exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Universal Entertainment's Variance of 11.07, risk adjusted performance of (0.07), and Coefficient Of Variation of (1,007) to confirm the risk estimate we provide. The entity has a beta of -0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Universal Entertainment are expected to decrease at a much lower rate. During the bear market, Universal Entertainment is likely to outperform the market. At this point, Universal Entertainment has a negative expected return of -0.3%. Please make sure to validate Universal Entertainment's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Universal Entertainment performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.66 |
Very good reverse predictability
Universal Entertainment has very good reverse predictability. Overlapping area represents the amount of predictability between Universal Entertainment time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Universal Entertainment price movement. The serial correlation of -0.66 indicates that around 66.0% of current Universal Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Universal Entertainment lagged returns against current returns
Autocorrelation, which is Universal Entertainment 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 Entertainment's stock expected returns. We can calculate the autocorrelation of Universal Entertainment returns to help us make a trade decision. For example, suppose you find that Universal Entertainment 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 Entertainment 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 Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Universal Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Universal Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Universal Entertainment Lagged Returns
When evaluating Universal Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Universal Entertainment stock have on its future price. Universal Entertainment 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 Entertainment autocorrelation shows the relationship between Universal Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Universal Entertainment.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Universal Stock Analysis
When running Universal Entertainment's price analysis, check to measure Universal Entertainment'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 Entertainment is operating at the current time. Most of Universal Entertainment's value examination focuses on studying past and present price action to predict the probability of Universal Entertainment'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 Entertainment's price. Additionally, you may evaluate how the addition of Universal Entertainment to your portfolios can decrease your overall portfolio volatility.