Uniinfo Telecom (India) Market Value
| UNIINFO Stock | 32.44 0.91 2.89% |
| Symbol | Uniinfo |
Uniinfo Telecom '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 Uniinfo Telecom'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 Uniinfo Telecom.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Uniinfo Telecom on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Uniinfo Telecom Services or generate 0.0% return on investment in Uniinfo Telecom over 270 days. Uniinfo Telecom is related to or competes with Indian Railway, Cholamandalam Financial, Reliance Industries, Tata Consultancy, and Piramal Enterprises. Uniinfo Telecom is entity of India. It is traded as Stock on NSE exchange. More
Uniinfo Telecom 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 Uniinfo Telecom'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 Uniinfo Telecom Services upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 14.98 | |||
| Value At Risk | (5.33) | |||
| Potential Upside | 4.27 |
Uniinfo Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Uniinfo Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Uniinfo Telecom's standard deviation. In reality, there are many statistical measures that can use Uniinfo Telecom historical prices to predict the future Uniinfo Telecom's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.30) |
Uniinfo Telecom Services Backtested Returns
Uniinfo Telecom Services 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. Uniinfo Telecom Services exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Uniinfo Telecom's Coefficient Of Variation of (1,147), risk adjusted performance of (0.06), and Variance of 7.39 to confirm the risk estimate we provide. The entity has a beta of 0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Uniinfo Telecom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Uniinfo Telecom is expected to be smaller as well. At this point, Uniinfo Telecom Services has a negative expected return of -0.27%. Please make sure to validate Uniinfo Telecom's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Uniinfo Telecom Services performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Uniinfo Telecom Services has weak reverse predictability. Overlapping area represents the amount of predictability between Uniinfo Telecom time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Uniinfo Telecom Services price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Uniinfo Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 8.29 |
Uniinfo Telecom Services lagged returns against current returns
Autocorrelation, which is Uniinfo Telecom 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 Uniinfo Telecom's stock expected returns. We can calculate the autocorrelation of Uniinfo Telecom returns to help us make a trade decision. For example, suppose you find that Uniinfo Telecom 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 |
Uniinfo Telecom 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 Uniinfo Telecom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Uniinfo Telecom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Uniinfo Telecom stock over time.
Current vs Lagged Prices |
| Timeline |
Uniinfo Telecom Lagged Returns
When evaluating Uniinfo Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Uniinfo Telecom stock have on its future price. Uniinfo Telecom 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, Uniinfo Telecom autocorrelation shows the relationship between Uniinfo Telecom stock current value and its past values and can show if there is a momentum factor associated with investing in Uniinfo Telecom Services.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Uniinfo Stock
Uniinfo Telecom financial ratios help investors to determine whether Uniinfo 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 Uniinfo with respect to the benefits of owning Uniinfo Telecom security.