Union Mosaic (Thailand) Market Value
| UMI Stock | THB 0.71 0.02 2.74% |
| Symbol | Union |
Union Mosaic '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 Union Mosaic'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 Union Mosaic.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Union Mosaic on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding The Union Mosaic or generate 0.0% return on investment in Union Mosaic over 30 days. Union Mosaic is related to or competes with Vanachai Group, Univentures Public, Tycoons Worldwide, Thoresen Thai, and TCM Public. The Union Mosaic Industry Public Company Limited, together with its subsidiaries, produces and distributes floor and wal... More
Union Mosaic 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 Union Mosaic'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 The Union Mosaic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.37 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 38.33 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 3.19 |
Union Mosaic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Union Mosaic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Union Mosaic's standard deviation. In reality, there are many statistical measures that can use Union Mosaic historical prices to predict the future Union Mosaic's volatility.| Risk Adjusted Performance | 0.0196 | |||
| Jensen Alpha | 0.1568 | |||
| Total Risk Alpha | (0.72) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.08) |
Union Mosaic Backtested Returns
Union Mosaic is out of control given 3 months investment horizon. Union Mosaic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 13.8% are justified by taking the suggested risk. Use Union Mosaic Coefficient Of Variation of 6861.1, semi deviation of 2.09, and Risk Adjusted Performance of 0.0196 to evaluate company specific risk that cannot be diversified away. Union Mosaic holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -0.79, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Union Mosaic are expected to decrease at a much lower rate. During the bear market, Union Mosaic is likely to outperform the market. Use Union Mosaic jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to analyze future returns on Union Mosaic.
Auto-correlation | 0.74 |
Good predictability
The Union Mosaic has good predictability. Overlapping area represents the amount of predictability between Union Mosaic time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Union Mosaic price movement. The serial correlation of 0.74 indicates that around 74.0% of current Union Mosaic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Union Mosaic lagged returns against current returns
Autocorrelation, which is Union Mosaic 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 Union Mosaic's stock expected returns. We can calculate the autocorrelation of Union Mosaic returns to help us make a trade decision. For example, suppose you find that Union Mosaic 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 |
Union Mosaic 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 Union Mosaic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Union Mosaic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Union Mosaic stock over time.
Current vs Lagged Prices |
| Timeline |
Union Mosaic Lagged Returns
When evaluating Union Mosaic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Union Mosaic stock have on its future price. Union Mosaic 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, Union Mosaic autocorrelation shows the relationship between Union Mosaic stock current value and its past values and can show if there is a momentum factor associated with investing in The Union Mosaic.
Regressed Prices |
| Timeline |
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Union Mosaic financial ratios help investors to determine whether Union Stock 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 Union with respect to the benefits of owning Union Mosaic security.