U Blox Holding Ag Stock Market Value
| UBLXF Stock | USD 72.69 6.31 7.99% |
| Symbol | U-blox |
U-blox Holding '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 Holding'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 Holding.
| 02/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in U-blox Holding on February 4, 2023 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 Holding over 660 days. U-blox Holding is related to or competes with Boxlight Corp, Siyata Mobile, ClearOne, Mobilicom Limited, and SatixFy Communications. u-blox Holding AG develops, manufactures, and markets products and services supporting GPSGNSS satellite positioning sys... More
U-blox Holding 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 Holding'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 | (0.23) | |||
| Maximum Drawdown | 14.6 | |||
| Value At Risk | (4.75) | |||
| Potential Upside | 0.0389 |
U-blox Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for U-blox Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as U-blox Holding's standard deviation. In reality, there are many statistical measures that can use U-blox Holding historical prices to predict the future U-blox Holding's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (1.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of U-blox Holding'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 -0.17, which indicates the company had a -0.17% return per unit of risk over the last 3 months. u blox Holding AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate U-blox Holding's standard deviation of 2.16, and Market Risk Adjusted Performance of (1.25) 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 Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding U-blox Holding is expected to be smaller as well. At this point, u blox Holding has a negative expected return of -0.37%. Please make sure to validate U-blox Holding's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if u blox Holding performance from the past will be repeated in the future.
Auto-correlation | 0.55 |
Modest predictability
u blox Holding AG has modest predictability. Overlapping area represents the amount of predictability between U-blox Holding time series from 4th of February 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 0.55 indicates that about 55.0% of current U-blox Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 60.14 |
u blox Holding lagged returns against current returns
Autocorrelation, which is U-blox Holding 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 Holding's pink sheet expected returns. We can calculate the autocorrelation of U-blox Holding returns to help us make a trade decision. For example, suppose you find that U-blox Holding 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 Holding 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 Holding pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if U-blox Holding 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 Holding pink sheet over time.
Current vs Lagged Prices |
| Timeline |
U-blox Holding Lagged Returns
When evaluating U-blox Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of U-blox Holding pink sheet have on its future price. U-blox Holding 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 Holding autocorrelation shows the relationship between U-blox Holding 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 U-blox Pink Sheet
U-blox Holding financial ratios help investors to determine whether U-blox 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 U-blox with respect to the benefits of owning U-blox Holding security.