United Robotics (Thailand) Market Value
| UBOT Etf | 14.25 0.20 1.42% |
| Symbol | United |
United Robotics '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 Robotics' etf 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 Robotics.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in United Robotics on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding United Robotics Artificial or generate 0.0% return on investment in United Robotics over 30 days.
United Robotics 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 Robotics' etf 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 Robotics Artificial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 11.69 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.16 |
United Robotics Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Robotics' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Robotics' standard deviation. In reality, there are many statistical measures that can use United Robotics historical prices to predict the future United Robotics' volatility.| Risk Adjusted Performance | 0.0417 | |||
| Jensen Alpha | 0.0162 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1599 |
United Robotics Arti Backtested Returns
United Robotics is out of control given 3 months investment horizon. United Robotics Arti owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the etf had a 0.16% return per unit of risk over the last 3 months. We were able to collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 29.07% are justified by taking the suggested risk. Use United Robotics Arti Semi Deviation of 1.54, coefficient of variation of 2101.72, and Risk Adjusted Performance of 0.0417 to evaluate company specific risk that cannot be diversified away. The entity has a beta of 0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, United Robotics' returns are expected to increase less than the market. However, during the bear market, the loss of holding United Robotics is expected to be smaller as well.
Auto-correlation | 0.24 |
Weak predictability
United Robotics Artificial has weak predictability. Overlapping area represents the amount of predictability between United Robotics time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Robotics Arti price movement. The serial correlation of 0.24 indicates that over 24.0% of current United Robotics price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
United Robotics Arti lagged returns against current returns
Autocorrelation, which is United Robotics etf'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 Robotics' etf expected returns. We can calculate the autocorrelation of United Robotics returns to help us make a trade decision. For example, suppose you find that United Robotics has exhibited high autocorrelation historically, and you observe that the etf 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 Robotics 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 Robotics etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Robotics etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Robotics etf over time.
Current vs Lagged Prices |
| Timeline |
United Robotics Lagged Returns
When evaluating United Robotics' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Robotics etf have on its future price. United Robotics 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 Robotics autocorrelation shows the relationship between United Robotics etf current value and its past values and can show if there is a momentum factor associated with investing in United Robotics Artificial.
Regressed Prices |
| Timeline |
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