U Blox Holding Ag Stock Market Value
| UBLXF Stock | USD 73.32 0.63 0.87% |
| Symbol | UBLXF |
U Blox '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 U Blox's pink sheet 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 U Blox.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in U Blox on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding u blox Holding AG or generate 0.0% return on investment in U Blox over 30 days. U Blox is related to or competes with Southwest Gas, Waste Management, Royalty Management, Aris Water, WEC Energy, and Logan Ridge. u-blox Holding AG develops, manufactures, and markets products and services supporting GPSGNSS satellite positioning sys... More
U Blox 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 U Blox's pink sheet 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 u blox Holding AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 14.6 | |||
| Value At Risk | (4.75) | |||
| Potential Upside | 0.8667 |
U Blox Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for U Blox's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as U Blox's standard deviation. In reality, there are many statistical measures that can use U Blox historical prices to predict the future U Blox's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (1.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of U Blox'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.
u blox Holding Backtested Returns
u blox Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the company had a -0.14% return per unit of risk over the last 3 months. u blox Holding AG exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate U Blox's market risk adjusted performance of (1.20), and Standard Deviation of 2.17 to confirm the risk estimate we provide. The firm has a beta of 0.3, which indicates not very significant fluctuations relative to the market. As returns on the market increase, U Blox's returns are expected to increase less than the market. However, during the bear market, the loss of holding U Blox is expected to be smaller as well. At this point, u blox Holding has a negative expected return of -0.29%. Please make sure to validate U Blox's jensen alpha, as well as the relationship between the kurtosis and price action indicator , to decide if u blox Holding performance from the past will be repeated in the future.
Auto-correlation | -0.36 |
Poor reverse predictability
u blox Holding AG has poor reverse predictability. Overlapping area represents the amount of predictability between U Blox time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 u blox Holding price movement. The serial correlation of -0.36 indicates that just about 36.0% of current U Blox price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 9.25 |
u blox Holding lagged returns against current returns
Autocorrelation, which is U Blox pink sheet'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 U Blox's pink sheet expected returns. We can calculate the autocorrelation of U Blox returns to help us make a trade decision. For example, suppose you find that U Blox has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
U Blox 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 U Blox pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if U Blox pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in U Blox pink sheet over time.
Current vs Lagged Prices |
| Timeline |
U Blox Lagged Returns
When evaluating U Blox's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of U Blox pink sheet have on its future price. U Blox 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, U Blox autocorrelation shows the relationship between U Blox pink sheet current value and its past values and can show if there is a momentum factor associated with investing in u blox Holding AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in UBLXF Pink Sheet
U Blox financial ratios help investors to determine whether UBLXF Pink Sheet 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 UBLXF with respect to the benefits of owning U Blox security.