United Bancorporation Of Stock Market Value
| UBAB Stock | USD 59.00 0.10 0.17% |
| Symbol | United |
United Bancorporation '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 United Bancorporation's otc 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 United Bancorporation.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in United Bancorporation on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding United Bancorporation of or generate 0.0% return on investment in United Bancorporation over 60 days. United Bancorporation is related to or competes with MF Bancorp, Merchants Marine, MNB Holdings, Security Federal, Harbor Bankshares, BankFirst Capital, and Citizens Bancshares. United Bancorporation of Alabama, Inc. operates as the bank holding company for United Bank that provides commercial ban... More
United Bancorporation 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 United Bancorporation's otc 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 United Bancorporation of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | 0.0824 | |||
| Maximum Drawdown | 6.24 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 2.49 |
United Bancorporation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Bancorporation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Bancorporation's standard deviation. In reality, there are many statistical measures that can use United Bancorporation historical prices to predict the future United Bancorporation's volatility.| Risk Adjusted Performance | 0.1467 | |||
| Jensen Alpha | 0.2491 | |||
| Total Risk Alpha | 0.0291 | |||
| Sortino Ratio | 0.0751 | |||
| Treynor Ratio | (0.89) |
United Bancorporation Backtested Returns
United Bancorporation appears to be very steady, given 3 months investment horizon. United Bancorporation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for United Bancorporation of, which you can use to evaluate the volatility of the company. Please review United Bancorporation's Coefficient Of Variation of 534.63, risk adjusted performance of 0.1467, and Semi Deviation of 0.7394 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, United Bancorporation holds a performance score of 14. The entity has a beta of -0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning United Bancorporation are expected to decrease at a much lower rate. During the bear market, United Bancorporation is likely to outperform the market. Please check United Bancorporation's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether United Bancorporation's existing price patterns will revert.
Auto-correlation | 0.74 |
Good predictability
United Bancorporation of has good predictability. Overlapping area represents the amount of predictability between United Bancorporation time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 United Bancorporation price movement. The serial correlation of 0.74 indicates that around 74.0% of current United Bancorporation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 4.07 |
United Bancorporation lagged returns against current returns
Autocorrelation, which is United Bancorporation otc 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 United Bancorporation's otc stock expected returns. We can calculate the autocorrelation of United Bancorporation returns to help us make a trade decision. For example, suppose you find that United Bancorporation has exhibited high autocorrelation historically, and you observe that the otc 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 |
United Bancorporation 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 United Bancorporation otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Bancorporation otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Bancorporation otc stock over time.
Current vs Lagged Prices |
| Timeline |
United Bancorporation Lagged Returns
When evaluating United Bancorporation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Bancorporation otc stock have on its future price. United Bancorporation 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, United Bancorporation autocorrelation shows the relationship between United Bancorporation otc stock current value and its past values and can show if there is a momentum factor associated with investing in United Bancorporation of.
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 United OTC Stock
United Bancorporation financial ratios help investors to determine whether United OTC 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 United with respect to the benefits of owning United Bancorporation security.