UBM Development (Austria) Market Value
| UBS Stock | EUR 17.65 0.55 3.02% |
| Symbol | UBM |
UBM Development '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 UBM Development'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 UBM Development.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in UBM Development on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding UBM Development AG or generate 0.0% return on investment in UBM Development over 180 days. UBM Development is related to or competes with CA Immobilien, AT S, BAWAG Group, Semperit Aktiengesellscha, Telekom Austria, and Oesterr Post. More
UBM Development 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 UBM Development'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 UBM Development AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 6.63 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 1.96 |
UBM Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBM Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UBM Development's standard deviation. In reality, there are many statistical measures that can use UBM Development historical prices to predict the future UBM Development's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.49) |
UBM Development AG Backtested Returns
UBM Development AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the company had a -0.17% return per unit of standard deviation over the last 3 months. UBM Development AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UBM Development's Market Risk Adjusted Performance of (0.48), risk adjusted performance of (0.08), and Standard Deviation of 1.44 to confirm the risk estimate we provide. The firm has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, UBM Development's returns are expected to increase less than the market. However, during the bear market, the loss of holding UBM Development is expected to be smaller as well. At this point, UBM Development AG has a negative expected return of -0.25%. Please make sure to validate UBM Development's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if UBM Development AG performance from the past will be repeated at future time.
Auto-correlation | 0.16 |
Very weak predictability
UBM Development AG has very weak predictability. Overlapping area represents the amount of predictability between UBM Development time series from 26th of May 2024 to 24th of August 2024 and 24th of August 2024 to 22nd 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 UBM Development AG price movement. The serial correlation of 0.16 indicates that over 16.0% of current UBM Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
UBM Development AG lagged returns against current returns
Autocorrelation, which is UBM Development 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 UBM Development's stock expected returns. We can calculate the autocorrelation of UBM Development returns to help us make a trade decision. For example, suppose you find that UBM Development 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 |
UBM Development 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 UBM Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UBM Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UBM Development stock over time.
Current vs Lagged Prices |
| Timeline |
UBM Development Lagged Returns
When evaluating UBM Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UBM Development stock have on its future price. UBM Development 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, UBM Development autocorrelation shows the relationship between UBM Development stock current value and its past values and can show if there is a momentum factor associated with investing in UBM Development AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in UBM Stock
UBM Development financial ratios help investors to determine whether UBM 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 UBM with respect to the benefits of owning UBM Development security.