U Blox (Switzerland) Market Value
UBXN Stock | CHF 69.20 1.90 2.82% |
Symbol | UBXN |
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 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 U Blox.
11/06/2023 |
| 11/30/2024 |
If you would invest 0.00 in U Blox on November 6, 2023 and sell it all today you would earn a total of 0.00 from holding U Blox Holding or generate 0.0% return on investment in U Blox over 390 days. U Blox is related to or competes with Jungfraubahn Holding, Amsterdam Commodities, Flow Traders, ForFarmers, and Emmi AG. u-blox Holding AG provides positioning and wireless communication solutions for the automotive, industrial, and consumer... 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 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 U Blox Holding upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.12) | |||
Maximum Drawdown | 18.24 | |||
Value At Risk | (3.13) | |||
Potential Upside | 2.88 |
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 | (0.05) | |||
Jensen Alpha | (0.24) | |||
Total Risk Alpha | (0.63) | |||
Treynor Ratio | (0.48) |
U Blox Holding Backtested Returns
U Blox Holding retains Efficiency (Sharpe Ratio) of -0.0626, which indicates the company had a -0.0626% return per unit of volatility over the last 3 months. U Blox exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate U Blox's Mean Deviation of 1.82, information ratio of (0.12), and Market Risk Adjusted Performance of (0.47) to confirm the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.4, which indicates possible diversification benefits within a given portfolio. 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 -0.16%. Please make sure to validate U Blox's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if U Blox Holding performance from the past will be repeated sooner or later.
Auto-correlation | 0.59 |
Modest predictability
U Blox Holding has modest predictability. Overlapping area represents the amount of predictability between U Blox time series from 6th of November 2023 to 19th of May 2024 and 19th of May 2024 to 30th 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 0.59 indicates that roughly 59.0% of current U Blox price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.59 | |
Spearman Rank Test | 0.45 | |
Residual Average | 0.0 | |
Price Variance | 107.05 |
U Blox Holding lagged returns against current returns
Autocorrelation, which is U Blox 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 U Blox's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if U Blox stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in U Blox stock 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in U Blox Holding.
Regressed Prices |
Timeline |
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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.Additional Tools for UBXN Stock Analysis
When running U Blox's price analysis, check to measure U Blox's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy U Blox is operating at the current time. Most of U Blox's value examination focuses on studying past and present price action to predict the probability of U Blox's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move U Blox's price. Additionally, you may evaluate how the addition of U Blox to your portfolios can decrease your overall portfolio volatility.