Unipol Gruppo Spa Stock Market Value
| UFGSY Stock | USD 4.73 0.00 0.00% |
| Symbol | Unipol |
Unipol Gruppo '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 Unipol Gruppo's 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 Unipol Gruppo.
| 01/28/2023 |
| 12/18/2024 |
If you would invest 0.00 in Unipol Gruppo on January 28, 2023 and sell it all today you would earn a total of 0.00 from holding Unipol Gruppo SpA or generate 0.0% return on investment in Unipol Gruppo over 690 days. Unipol Gruppo is related to or competes with Athene Holding, Assicurazioni Generali, AXA SA, Assicurazioni Generali, Sampo OYJ, Axa Equitable, and Arch Capital. Unipol Gruppo S.p.A., together with its subsidiaries, provides insurance and banking services primarily in Italy More
Unipol Gruppo 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 Unipol Gruppo's 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 Unipol Gruppo SpA upside and downside potential and time the market with a certain degree of confidence.
Unipol Gruppo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unipol Gruppo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unipol Gruppo's standard deviation. In reality, there are many statistical measures that can use Unipol Gruppo historical prices to predict the future Unipol Gruppo's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Unipol Gruppo'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.
Unipol Gruppo SpA Backtested Returns
We have found three technical indicators for Unipol Gruppo SpA, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Unipol Gruppo are completely uncorrelated.
Auto-correlation | 0.13 |
Insignificant predictability
Unipol Gruppo SpA has insignificant predictability. Overlapping area represents the amount of predictability between Unipol Gruppo time series from 28th of January 2023 to 8th of January 2024 and 8th of January 2024 to 18th 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 Unipol Gruppo SpA price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Unipol Gruppo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Unipol Gruppo SpA lagged returns against current returns
Autocorrelation, which is Unipol Gruppo 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 Unipol Gruppo's pink sheet expected returns. We can calculate the autocorrelation of Unipol Gruppo returns to help us make a trade decision. For example, suppose you find that Unipol Gruppo 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 |
Unipol Gruppo 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 Unipol Gruppo pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unipol Gruppo pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unipol Gruppo pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Unipol Gruppo Lagged Returns
When evaluating Unipol Gruppo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unipol Gruppo pink sheet have on its future price. Unipol Gruppo 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, Unipol Gruppo autocorrelation shows the relationship between Unipol Gruppo pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Unipol Gruppo SpA.
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 Unipol Pink Sheet Analysis
When running Unipol Gruppo's price analysis, check to measure Unipol Gruppo'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 Unipol Gruppo is operating at the current time. Most of Unipol Gruppo's value examination focuses on studying past and present price action to predict the probability of Unipol Gruppo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unipol Gruppo's price. Additionally, you may evaluate how the addition of Unipol Gruppo to your portfolios can decrease your overall portfolio volatility.