UBSFund Solutions' market value is the price at which a share of UBSFund Solutions trades on a public exchange. It measures the collective expectations of UBSFund Solutions JP investors about its performance. UBSFund Solutions is trading at 11.43 as of the 29th of November 2024, a 0.26 percent up since the beginning of the trading day. The etf's lowest day price was 11.43. With this module, you can estimate the performance of a buy and hold strategy of UBSFund Solutions JP and determine expected loss or profit from investing in UBSFund Solutions over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
UBSFund
UBSFund Solutions '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 UBSFund Solutions' etf 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 UBSFund Solutions.
0.00
05/09/2023
No Change 0.00
0.0
In 1 year 6 months and 24 days
11/29/2024
0.00
If you would invest 0.00 in UBSFund Solutions on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding UBSFund Solutions JP or generate 0.0% return on investment in UBSFund Solutions over 570 days.
UBSFund Solutions 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 UBSFund Solutions' etf 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 UBSFund Solutions JP upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBSFund Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UBSFund Solutions' standard deviation. In reality, there are many statistical measures that can use UBSFund Solutions historical prices to predict the future UBSFund Solutions' volatility.
At this point, UBSFund Solutions is very steady. UBSFund Solutions owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the etf had a 0.12% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for UBSFund Solutions JP, which you can use to evaluate the volatility of the entity. Please validate UBSFund Solutions' Risk Adjusted Performance of 0.0821, market risk adjusted performance of 0.4858, and Downside Deviation of 0.2891 to confirm if the risk estimate we provide is consistent with the expected return of 0.0358%. The entity has a beta of 0.0589, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UBSFund Solutions' returns are expected to increase less than the market. However, during the bear market, the loss of holding UBSFund Solutions is expected to be smaller as well.
Auto-correlation
0.62
Good predictability
UBSFund Solutions JP has good predictability. Overlapping area represents the amount of predictability between UBSFund Solutions time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th 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 UBSFund Solutions price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current UBSFund Solutions price fluctuation can be explain by its past prices.
Correlation Coefficient
0.62
Spearman Rank Test
0.52
Residual Average
0.0
Price Variance
0.01
UBSFund Solutions lagged returns against current returns
Autocorrelation, which is UBSFund Solutions etf'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 UBSFund Solutions' etf expected returns. We can calculate the autocorrelation of UBSFund Solutions returns to help us make a trade decision. For example, suppose you find that UBSFund Solutions has exhibited high autocorrelation historically, and you observe that the etf 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
UBSFund Solutions 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 UBSFund Solutions etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UBSFund Solutions etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UBSFund Solutions etf over time.
Current vs Lagged Prices
Timeline
UBSFund Solutions Lagged Returns
When evaluating UBSFund Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UBSFund Solutions etf have on its future price. UBSFund Solutions 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, UBSFund Solutions autocorrelation shows the relationship between UBSFund Solutions etf current value and its past values and can show if there is a momentum factor associated with investing in UBSFund Solutions JP.
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.