UnitedHealth Group (Germany) Market Value
| UNH Stock | 504.90 2.00 0.39% |
| Symbol | UnitedHealth |
UnitedHealth Group '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 UnitedHealth Group'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 UnitedHealth Group.
| 12/27/2024 |
| 01/26/2025 |
If you would invest 0.00 in UnitedHealth Group on December 27, 2024 and sell it all today you would earn a total of 0.00 from holding UnitedHealth Group Incorporated or generate 0.0% return on investment in UnitedHealth Group over 30 days. UnitedHealth Group is related to or competes with United Rentals, Molina Healthcare, Phibro Animal, MPH Health, WILLIS LEASE, National Health, and CLOVER HEALTH. More
UnitedHealth Group 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 UnitedHealth Group'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 UnitedHealth Group Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 13.79 | |||
| Value At Risk | (4.36) | |||
| Potential Upside | 3.04 |
UnitedHealth Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UnitedHealth Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UnitedHealth Group's standard deviation. In reality, there are many statistical measures that can use UnitedHealth Group historical prices to predict the future UnitedHealth Group's volatility.| Risk Adjusted Performance | (0.0008) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of UnitedHealth Group'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.
UnitedHealth Group Backtested Returns
UnitedHealth Group owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. UnitedHealth Group Incorporated exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UnitedHealth Group's Risk Adjusted Performance of (0.0008), coefficient of variation of (11,798), and Variance of 5.49 to confirm the risk estimate we provide. The entity has a beta of 1.48, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, UnitedHealth Group will likely underperform. At this point, UnitedHealth Group has a negative expected return of -0.0199%. Please make sure to validate UnitedHealth Group's value at risk, as well as the relationship between the accumulation distribution and day typical price , to decide if UnitedHealth Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
UnitedHealth Group Incorporated has poor reverse predictability. Overlapping area represents the amount of predictability between UnitedHealth Group time series from 27th of December 2024 to 11th of January 2025 and 11th of January 2025 to 26th 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 UnitedHealth Group price movement. The serial correlation of -0.38 indicates that just about 38.0% of current UnitedHealth Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 232.22 |
UnitedHealth Group lagged returns against current returns
Autocorrelation, which is UnitedHealth Group 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 UnitedHealth Group's stock expected returns. We can calculate the autocorrelation of UnitedHealth Group returns to help us make a trade decision. For example, suppose you find that UnitedHealth Group 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 |
UnitedHealth Group 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 UnitedHealth Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UnitedHealth Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UnitedHealth Group stock over time.
Current vs Lagged Prices |
| Timeline |
UnitedHealth Group Lagged Returns
When evaluating UnitedHealth Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UnitedHealth Group stock have on its future price. UnitedHealth Group 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, UnitedHealth Group autocorrelation shows the relationship between UnitedHealth Group stock current value and its past values and can show if there is a momentum factor associated with investing in UnitedHealth Group Incorporated.
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 UnitedHealth Stock Analysis
When running UnitedHealth Group's price analysis, check to measure UnitedHealth Group'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 UnitedHealth Group is operating at the current time. Most of UnitedHealth Group's value examination focuses on studying past and present price action to predict the probability of UnitedHealth Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UnitedHealth Group's price. Additionally, you may evaluate how the addition of UnitedHealth Group to your portfolios can decrease your overall portfolio volatility.