United Communications Partners Stock Market Value
| UCPA Stock | USD 13.38 0.04 0.30% |
| Symbol | United |
United Communications '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 Communications' pink sheet 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 Communications.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in United Communications on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding United Communications Partners or generate 0.0% return on investment in United Communications over 180 days. United Communications is related to or competes with WiMi Hologram, National CineMedia, Baosheng Media, and MGO Global. United Communications Partners Inc. offers a network of advertising, media, and other communication services in Europe More
United Communications 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 Communications' pink sheet 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 Communications Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7581 | |||
| Information Ratio | 0.0574 | |||
| Maximum Drawdown | 5.09 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 1.32 |
United Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Communications' standard deviation. In reality, there are many statistical measures that can use United Communications historical prices to predict the future United Communications' volatility.| Risk Adjusted Performance | 0.1653 | |||
| Jensen Alpha | 0.1405 | |||
| Total Risk Alpha | 0.0317 | |||
| Sortino Ratio | 0.0664 | |||
| Treynor Ratio | 0.6064 |
United Communications Backtested Returns
United Communications appears to be very steady, given 3 months investment horizon. United Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for United Communications Partners, which you can use to evaluate the volatility of the company. Please review United Communications' Risk Adjusted Performance of 0.1653, coefficient of variation of 466.0, and Semi Deviation of 0.5161 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, United Communications holds a performance score of 17. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, United Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding United Communications is expected to be smaller as well. Please check United Communications' downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether United Communications' existing price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
United Communications Partners has good predictability. Overlapping area represents the amount of predictability between United Communications time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 United Communications price movement. The serial correlation of 0.69 indicates that around 69.0% of current United Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
United Communications lagged returns against current returns
Autocorrelation, which is United Communications pink sheet'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 Communications' pink sheet expected returns. We can calculate the autocorrelation of United Communications returns to help us make a trade decision. For example, suppose you find that United Communications has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Communications 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 Communications pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Communications pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Communications pink sheet over time.
Current vs Lagged Prices |
| Timeline |
United Communications Lagged Returns
When evaluating United Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Communications pink sheet have on its future price. United Communications 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 Communications autocorrelation shows the relationship between United Communications pink sheet current value and its past values and can show if there is a momentum factor associated with investing in United Communications Partners.
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 United Pink Sheet
United Communications financial ratios help investors to determine whether United Pink Sheet 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 United with respect to the benefits of owning United Communications security.