Urbas Grupo (Spain) Market Value
| UBS Stock | EUR 0 0.0001 3.33% |
| Symbol | Urbas |
Urbas Grupo '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 Urbas Grupo'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 Urbas Grupo.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Urbas Grupo on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Urbas Grupo Financiero or generate 0.0% return on investment in Urbas Grupo over 720 days. Urbas Grupo is related to or competes with Caixabank, International Consolidated, All Iron, Plasticos Compuestos, Arrienda Rental, Tier1 Technology, and Energy Solar. Urbas Grupo Financiero, S.A. engages in the real estate business in Spain, Portugal, Latin America, and the Middle East More
Urbas Grupo 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 Urbas Grupo'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 Urbas Grupo Financiero upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 21.79 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.45 |
Urbas Grupo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Urbas Grupo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Urbas Grupo's standard deviation. In reality, there are many statistical measures that can use Urbas Grupo historical prices to predict the future Urbas Grupo's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | 0.5205 |
Urbas Grupo Financiero Backtested Returns
Urbas Grupo Financiero owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0709, which indicates the firm had a -0.0709% return per unit of risk over the last 3 months. Urbas Grupo Financiero exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Urbas Grupo's Variance of 8.12, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,411) to confirm the risk estimate we provide. The entity has a beta of -0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Urbas Grupo are expected to decrease at a much lower rate. During the bear market, Urbas Grupo is likely to outperform the market. At this point, Urbas Grupo Financiero has a negative expected return of -0.2%. Please make sure to validate Urbas Grupo's skewness, day typical price, and the relationship between the maximum drawdown and daily balance of power , to decide if Urbas Grupo Financiero performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.88 |
Very good predictability
Urbas Grupo Financiero has very good predictability. Overlapping area represents the amount of predictability between Urbas Grupo time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 Urbas Grupo Financiero price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Urbas Grupo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Urbas Grupo Financiero lagged returns against current returns
Autocorrelation, which is Urbas Grupo 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 Urbas Grupo's stock expected returns. We can calculate the autocorrelation of Urbas Grupo returns to help us make a trade decision. For example, suppose you find that Urbas Grupo 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 |
Urbas Grupo 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 Urbas Grupo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Urbas Grupo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Urbas Grupo stock over time.
Current vs Lagged Prices |
| Timeline |
Urbas Grupo Lagged Returns
When evaluating Urbas Grupo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Urbas Grupo stock have on its future price. Urbas Grupo 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, Urbas Grupo autocorrelation shows the relationship between Urbas Grupo stock current value and its past values and can show if there is a momentum factor associated with investing in Urbas Grupo Financiero.
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 Urbas Stock
Urbas Grupo financial ratios help investors to determine whether Urbas 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 Urbas with respect to the benefits of owning Urbas Grupo security.