UAC Global (Thailand) Market Value
| UAC Stock | THB 3.34 0.02 0.60% |
| Symbol | UAC |
UAC Global '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 UAC Global'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 UAC Global.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in UAC Global on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding UAC Global Public or generate 0.0% return on investment in UAC Global over 720 days. UAC Global is related to or competes with Univanich Palm, United Paper, Tipco Foods, Thai Vegetable, and Taokaenoi Food. UAC Global Public Company Limited, together with its subsidiaries, imports and distributes various chemicals and equipme... More
UAC Global 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 UAC Global'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 UAC Global Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | 0.0197 | |||
| Maximum Drawdown | 7.17 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.99 |
UAC Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UAC Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UAC Global's standard deviation. In reality, there are many statistical measures that can use UAC Global historical prices to predict the future UAC Global's volatility.| Risk Adjusted Performance | 0.0994 | |||
| Jensen Alpha | 0.1537 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0135 | |||
| Treynor Ratio | (1.08) |
UAC Global Public Backtested Returns
As of now, UAC Stock is somewhat reliable. UAC Global Public retains Efficiency (Sharpe Ratio) of 0.13, which indicates the company had a 0.13% return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for UAC Global, which you can use to evaluate the volatility of the entity. Please validate UAC Global's Mean Deviation of 0.8454, market risk adjusted performance of (1.07), and Standard Deviation of 1.19 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. UAC Global has a performance score of 9 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning UAC Global are expected to decrease at a much lower rate. During the bear market, UAC Global is likely to outperform the market. UAC Global Public now owns a risk of 1.18%. Please validate UAC Global Public downside deviation, information ratio, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if UAC Global Public will be following its current price history.
Auto-correlation | 0.55 |
Modest predictability
UAC Global Public has modest predictability. Overlapping area represents the amount of predictability between UAC Global time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 UAC Global Public price movement. The serial correlation of 0.55 indicates that about 55.0% of current UAC Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
UAC Global Public lagged returns against current returns
Autocorrelation, which is UAC Global 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 UAC Global's stock expected returns. We can calculate the autocorrelation of UAC Global returns to help us make a trade decision. For example, suppose you find that UAC Global 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 |
UAC Global 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 UAC Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UAC Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UAC Global stock over time.
Current vs Lagged Prices |
| Timeline |
UAC Global Lagged Returns
When evaluating UAC Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UAC Global stock have on its future price. UAC Global 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, UAC Global autocorrelation shows the relationship between UAC Global stock current value and its past values and can show if there is a momentum factor associated with investing in UAC Global Public.
Regressed Prices |
| Timeline |
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UAC Global financial ratios help investors to determine whether UAC Stock 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 UAC with respect to the benefits of owning UAC Global security.