UCB Dusseldorf (Germany) Market Value
| UNC Stock | EUR 189.90 0.50 0.26% |
| Symbol | UCB |
UCB Dusseldorf '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 UCB Dusseldorf'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 UCB Dusseldorf.
| 11/01/2024 |
| 01/30/2025 |
If you would invest 0.00 in UCB Dusseldorf on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding UCB Dusseldorf or generate 0.0% return on investment in UCB Dusseldorf over 90 days. UCB Dusseldorf is related to or competes with Hua Hong, MagnaChip Semiconductor, Liberty Broadband, COPLAND ROAD, Broadcom, and Gold Road. More
UCB Dusseldorf 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 UCB Dusseldorf'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 UCB Dusseldorf upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0492 | |||
| Maximum Drawdown | 8.96 | |||
| Value At Risk | (1.93) | |||
| Potential Upside | 2.48 |
UCB Dusseldorf Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UCB Dusseldorf's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UCB Dusseldorf's standard deviation. In reality, there are many statistical measures that can use UCB Dusseldorf historical prices to predict the future UCB Dusseldorf's volatility.| Risk Adjusted Performance | 0.0957 | |||
| Jensen Alpha | 0.1762 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0462 | |||
| Treynor Ratio | (4.58) |
UCB Dusseldorf Backtested Returns
Currently, UCB Dusseldorf is very steady. UCB Dusseldorf retains Efficiency (Sharpe Ratio) of 0.0782, which indicates the company had a 0.0782 % return per unit of volatility over the last 3 months. We have found twenty-seven technical indicators for UCB Dusseldorf, which you can use to evaluate the volatility of the entity. Please validate UCB Dusseldorf's Mean Deviation of 1.22, market risk adjusted performance of (4.57), and Standard Deviation of 1.69 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. UCB Dusseldorf has a performance score of 6 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.0377, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning UCB Dusseldorf are expected to decrease at a much lower rate. During the bear market, UCB Dusseldorf is likely to outperform the market. UCB Dusseldorf now owns a risk of 1.73%. Please validate UCB Dusseldorf coefficient of variation, jensen alpha, and the relationship between the downside deviation and information ratio , to decide if UCB Dusseldorf will be following its current price history.
Auto-correlation | -0.51 |
Good reverse predictability
UCB Dusseldorf has good reverse predictability. Overlapping area represents the amount of predictability between UCB Dusseldorf time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of UCB Dusseldorf price movement. The serial correlation of -0.51 indicates that about 51.0% of current UCB Dusseldorf price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 19.77 |
UCB Dusseldorf lagged returns against current returns
Autocorrelation, which is UCB Dusseldorf 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 UCB Dusseldorf's stock expected returns. We can calculate the autocorrelation of UCB Dusseldorf returns to help us make a trade decision. For example, suppose you find that UCB Dusseldorf 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 |
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UCB Dusseldorf 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 UCB Dusseldorf stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UCB Dusseldorf stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UCB Dusseldorf stock over time.
Current vs Lagged Prices |
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UCB Dusseldorf Lagged Returns
When evaluating UCB Dusseldorf's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UCB Dusseldorf stock have on its future price. UCB Dusseldorf 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, UCB Dusseldorf autocorrelation shows the relationship between UCB Dusseldorf stock current value and its past values and can show if there is a momentum factor associated with investing in UCB Dusseldorf.
Regressed Prices |
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Additional Tools for UCB Stock Analysis
When running UCB Dusseldorf's price analysis, check to measure UCB Dusseldorf'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 UCB Dusseldorf is operating at the current time. Most of UCB Dusseldorf's value examination focuses on studying past and present price action to predict the probability of UCB Dusseldorf's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UCB Dusseldorf's price. Additionally, you may evaluate how the addition of UCB Dusseldorf to your portfolios can decrease your overall portfolio volatility.