Ucloudlink Group Stock Market Value
| UCL Stock | USD 1.26 0.01 0.80% |
| Symbol | Ucloudlink |
Ucloudlink Group Price To Book Ratio
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ucloudlink. If investors know Ucloudlink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ucloudlink listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.80) | Earnings Share 0.17 | Revenue Per Share 2.3 | Quarterly Revenue Growth 0.017 | Return On Assets 0.0837 |
The market value of Ucloudlink Group is measured differently than its book value, which is the value of Ucloudlink that is recorded on the company's balance sheet. Investors also form their own opinion of Ucloudlink's value that differs from its market value or its book value, called intrinsic value, which is Ucloudlink's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ucloudlink's market value can be influenced by many factors that don't directly affect Ucloudlink's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ucloudlink's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ucloudlink is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ucloudlink's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ucloudlink '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 Ucloudlink'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 Ucloudlink.
| 06/04/2023 |
| 11/25/2024 |
If you would invest 0.00 in Ucloudlink on June 4, 2023 and sell it all today you would earn a total of 0.00 from holding Ucloudlink Group or generate 0.0% return on investment in Ucloudlink over 540 days. Ucloudlink is related to or competes with Liberty Broadband, Ribbon Communications, Liberty Broadband, Shenandoah Telecommunicatio, and Anterix. uCloudlink Group Inc. operates as a mobile data traffic sharing marketplace in the telecommunications industry More
Ucloudlink 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 Ucloudlink'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 Ucloudlink Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 15.54 | |||
| Value At Risk | (4.92) | |||
| Potential Upside | 6.77 |
Ucloudlink Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ucloudlink's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ucloudlink's standard deviation. In reality, there are many statistical measures that can use Ucloudlink historical prices to predict the future Ucloudlink's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (1.76) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ucloudlink'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.
Ucloudlink Group Backtested Returns
Ucloudlink Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0413, which indicates the firm had a -0.0413% return per unit of risk over the last 3 months. Ucloudlink Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ucloudlink's Coefficient Of Variation of (2,336), risk adjusted performance of (0.03), and Variance of 11.55 to confirm the risk estimate we provide. The entity has a beta of 0.0886, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Ucloudlink's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ucloudlink is expected to be smaller as well. At this point, Ucloudlink Group has a negative expected return of -0.13%. Please make sure to validate Ucloudlink's skewness, as well as the relationship between the day median price and relative strength index , to decide if Ucloudlink Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
Ucloudlink Group has below average predictability. Overlapping area represents the amount of predictability between Ucloudlink time series from 4th of June 2023 to 29th of February 2024 and 29th of February 2024 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 Ucloudlink Group price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Ucloudlink price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Ucloudlink Group lagged returns against current returns
Autocorrelation, which is Ucloudlink 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 Ucloudlink's stock expected returns. We can calculate the autocorrelation of Ucloudlink returns to help us make a trade decision. For example, suppose you find that Ucloudlink 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 |
Ucloudlink 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 Ucloudlink stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ucloudlink stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ucloudlink stock over time.
Current vs Lagged Prices |
| Timeline |
Ucloudlink Lagged Returns
When evaluating Ucloudlink's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ucloudlink stock have on its future price. Ucloudlink 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, Ucloudlink autocorrelation shows the relationship between Ucloudlink stock current value and its past values and can show if there is a momentum factor associated with investing in Ucloudlink Group.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Ucloudlink Correlation, Ucloudlink Volatility and Ucloudlink Alpha and Beta module to complement your research on Ucloudlink. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Ucloudlink technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.