Ubs Select Prime Fund Market Value
| SELXX Fund | USD 1.00 0.00 0.00% |
| Symbol | Ubs |
Please note, there is a significant difference between Ubs (cay)'s value and its price as these two are different measures arrived at by different means. Investors typically determine if Ubs (cay) is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ubs (cay)'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.
Ubs (cay) '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 (cay)'s money market 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 (cay).
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Ubs (cay) on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Ubs Select Prime or generate 0.0% return on investment in Ubs (cay) over 720 days. Ubs (cay) is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Ubs is entity of United States. It is traded as Fund on NMFQS exchange. More
Ubs (cay) 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 (cay)'s money market 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 Select Prime upside and downside potential and time the market with a certain degree of confidence.
Ubs (cay) Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ubs (cay)'s investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ubs (cay)'s standard deviation. In reality, there are many statistical measures that can use Ubs (cay) historical prices to predict the future Ubs (cay)'s volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ubs (cay)'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 Select Prime Backtested Returns
We have found three technical indicators for Ubs Select Prime, which you can use to evaluate the volatility of the fund. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Ubs (cay) are completely uncorrelated.
Auto-correlation | -0.81 |
Excellent reverse predictability
Ubs Select Prime has excellent reverse predictability. Overlapping area represents the amount of predictability between Ubs (cay) time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 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 Ubs Select Prime price movement. The serial correlation of -0.81 indicates that around 81.0% of current Ubs (cay) price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ubs Select Prime lagged returns against current returns
Autocorrelation, which is Ubs (cay) money market 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 (cay)'s money market fund expected returns. We can calculate the autocorrelation of Ubs (cay) returns to help us make a trade decision. For example, suppose you find that Ubs (cay) has exhibited high autocorrelation historically, and you observe that the money market 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 (cay) 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 (cay) money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ubs (cay) money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ubs (cay) money market fund over time.
Current vs Lagged Prices |
| Timeline |
Ubs (cay) Lagged Returns
When evaluating Ubs (cay)'s market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ubs (cay) money market fund have on its future price. Ubs (cay) 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 (cay) autocorrelation shows the relationship between Ubs (cay) money market fund current value and its past values and can show if there is a momentum factor associated with investing in Ubs Select Prime.
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 Money Market Fund
Ubs (cay) financial ratios help investors to determine whether Ubs Money Market 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 (cay) security.
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