United Energy Corp Stock Market Value
| UNRG Stock | USD 0.05 0 3.83% |
| Symbol | United |
United Energy '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 United Energy's pink sheet 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 United Energy.
| 12/22/2024 |
| 01/21/2025 |
If you would invest 0.00 in United Energy on December 22, 2024 and sell it all today you would earn a total of 0.00 from holding United Energy Corp or generate 0.0% return on investment in United Energy over 30 days. United Energy is related to or competes with Barrister Energy, Altura Energy, Coelacanth Energy, Santos, Vaalco Energy, Houston American, and Barnwell Industries. United Energy Corp., a diversified oil and gas producer, engages in the exploration, development, production, technology... More
United Energy 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 United Energy's pink sheet 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 United Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 39.73 | |||
| Value At Risk | (6.26) | |||
| Potential Upside | 8.37 |
United Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Energy's standard deviation. In reality, there are many statistical measures that can use United Energy historical prices to predict the future United Energy's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.90) | |||
| Total Risk Alpha | (1.06) | |||
| Treynor Ratio | (1.68) |
United Energy Corp Backtested Returns
United Energy Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1 % return per unit of risk over the last 3 months. United Energy Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate United Energy's Variance of 48.33, risk adjusted performance of (0.1), and Coefficient Of Variation of (787.24) to confirm the risk estimate we provide. The entity has a beta of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, United Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding United Energy is expected to be smaller as well. At this point, United Energy Corp has a negative expected return of -0.72%. Please make sure to validate United Energy's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if United Energy Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
United Energy Corp has average predictability. Overlapping area represents the amount of predictability between United Energy time series from 22nd of December 2024 to 6th of January 2025 and 6th of January 2025 to 21st 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 United Energy Corp price movement. The serial correlation of 0.41 indicates that just about 41.0% of current United Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
United Energy Corp lagged returns against current returns
Autocorrelation, which is United Energy pink sheet'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 United Energy's pink sheet expected returns. We can calculate the autocorrelation of United Energy returns to help us make a trade decision. For example, suppose you find that United Energy has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
United Energy 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 United Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
United Energy Lagged Returns
When evaluating United Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Energy pink sheet have on its future price. United Energy 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, United Energy autocorrelation shows the relationship between United Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in United Energy Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in United Pink Sheet
United Energy financial ratios help investors to determine whether United Pink Sheet 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 United with respect to the benefits of owning United Energy security.