Urbanimmersive Stock Market Value
| UI Stock | CAD 0.02 0.00 0.00% |
| Symbol | Urbanimmersive |
Urbanimmersive Price To Book Ratio
Urbanimmersive '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 Urbanimmersive'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 Urbanimmersive.
| 12/05/2022 |
| 11/24/2024 |
If you would invest 0.00 in Urbanimmersive on December 5, 2022 and sell it all today you would earn a total of 0.00 from holding Urbanimmersive or generate 0.0% return on investment in Urbanimmersive over 720 days. Urbanimmersive is related to or competes with Ackroo, Renoworks Software, AirIQ, Bewhere Holdings, and NamSys. Urbanimmersive Inc. develops and commercializes real estate photography technologies and services in Canada More
Urbanimmersive 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 Urbanimmersive'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 Urbanimmersive upside and downside potential and time the market with a certain degree of confidence.
Urbanimmersive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Urbanimmersive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Urbanimmersive's standard deviation. In reality, there are many statistical measures that can use Urbanimmersive historical prices to predict the future Urbanimmersive's volatility.Urbanimmersive Backtested Returns
We have found three technical indicators for Urbanimmersive, 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 Urbanimmersive are completely uncorrelated.
Auto-correlation | 0.51 |
Modest predictability
Urbanimmersive has modest predictability. Overlapping area represents the amount of predictability between Urbanimmersive time series from 5th of December 2022 to 30th of November 2023 and 30th of November 2023 to 24th 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 Urbanimmersive price movement. The serial correlation of 0.51 indicates that about 51.0% of current Urbanimmersive price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Urbanimmersive lagged returns against current returns
Autocorrelation, which is Urbanimmersive 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 Urbanimmersive's stock expected returns. We can calculate the autocorrelation of Urbanimmersive returns to help us make a trade decision. For example, suppose you find that Urbanimmersive 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 |
Urbanimmersive 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 Urbanimmersive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Urbanimmersive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Urbanimmersive stock over time.
Current vs Lagged Prices |
| Timeline |
Urbanimmersive Lagged Returns
When evaluating Urbanimmersive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Urbanimmersive stock have on its future price. Urbanimmersive 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, Urbanimmersive autocorrelation shows the relationship between Urbanimmersive stock current value and its past values and can show if there is a momentum factor associated with investing in Urbanimmersive.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Urbanimmersive Stock Analysis
When running Urbanimmersive's price analysis, check to measure Urbanimmersive'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 Urbanimmersive is operating at the current time. Most of Urbanimmersive's value examination focuses on studying past and present price action to predict the probability of Urbanimmersive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Urbanimmersive's price. Additionally, you may evaluate how the addition of Urbanimmersive to your portfolios can decrease your overall portfolio volatility.