Ur Energy (Germany) Market Value
| U9T Stock | EUR 1.19 0.02 1.71% |
| Symbol | U9T |
Ur Energy '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 Ur Energy'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 Ur Energy.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Ur Energy on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ur Energy or generate 0.0% return on investment in Ur Energy over 30 days. Ur Energy is related to or competes with JSC National, and URANIUM ROYALTY. Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties More
Ur Energy 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 Ur Energy'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 Ur Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.46 | |||
| Information Ratio | 0.0403 | |||
| Maximum Drawdown | 19.24 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 5.88 |
Ur Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ur Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ur Energy's standard deviation. In reality, there are many statistical measures that can use Ur Energy historical prices to predict the future Ur Energy's volatility.| Risk Adjusted Performance | 0.0691 | |||
| Jensen Alpha | 0.22 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0401 | |||
| Treynor Ratio | 0.7316 |
Ur Energy Backtested Returns
Ur Energy appears to be dangerous, given 3 months investment horizon. Ur Energy retains Efficiency (Sharpe Ratio) of 0.076, which indicates the firm had a 0.076% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for Ur Energy, which you can use to evaluate the volatility of the company. Please review Ur Energy's Risk Adjusted Performance of 0.0691, mean deviation of 2.55, and Downside Deviation of 3.46 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ur Energy holds a performance score of 5. The entity owns a Beta (Systematic Risk) of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Ur Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ur Energy is expected to be smaller as well. Please check Ur Energy's information ratio, treynor ratio, and the relationship between the downside deviation and total risk alpha , to make a quick decision on whether Ur Energy's current price history will revert.
Auto-correlation | -0.47 |
Modest reverse predictability
Ur Energy has modest reverse predictability. Overlapping area represents the amount of predictability between Ur Energy 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 Ur Energy price movement. The serial correlation of -0.47 indicates that about 47.0% of current Ur Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ur Energy lagged returns against current returns
Autocorrelation, which is Ur Energy 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 Ur Energy's stock expected returns. We can calculate the autocorrelation of Ur Energy returns to help us make a trade decision. For example, suppose you find that Ur Energy 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 |
Ur Energy 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 Ur Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ur Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ur Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Ur Energy Lagged Returns
When evaluating Ur Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ur Energy stock have on its future price. Ur Energy 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, Ur Energy autocorrelation shows the relationship between Ur Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Ur Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in U9T Stock
When determining whether Ur Energy is a strong investment it is important to analyze Ur Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Ur Energy's future performance. For an informed investment choice regarding U9T Stock, refer to the following important reports:Check out Ur Energy Correlation, Ur Energy Volatility and Ur Energy Alpha and Beta module to complement your research on Ur Energy. For more detail on how to invest in U9T Stock please use our How to Invest in Ur Energy guide.You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Ur Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.