Univec Inc Stock Market Value
| UNVC Stock | USD 0 0.0004 12.50% |
| Symbol | Univec |
Univec '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 Univec'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 Univec.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Univec on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Univec Inc or generate 0.0% return on investment in Univec over 30 days. Univec, Inc., through its subsidiaries, produces, licenses, and markets medical products in the United States and intern... More
Univec 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 Univec'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 Univec Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 37.56 | |||
| Value At Risk | (13.89) | |||
| Potential Upside | 14.89 |
Univec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Univec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Univec's standard deviation. In reality, there are many statistical measures that can use Univec historical prices to predict the future Univec's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (1.82) | |||
| Treynor Ratio | (0.56) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Univec'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.
Univec Inc Backtested Returns
Univec Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0321, which indicates the firm had a -0.0321% return per unit of risk over the last 3 months. Univec Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Univec's Variance of 66.03, coefficient of variation of (1,809), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Univec's returns are expected to increase less than the market. However, during the bear market, the loss of holding Univec is expected to be smaller as well. At this point, Univec Inc has a negative expected return of -0.25%. Please make sure to validate Univec's information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Univec Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Univec Inc has modest predictability. Overlapping area represents the amount of predictability between Univec time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Univec Inc price movement. The serial correlation of 0.51 indicates that about 51.0% of current Univec price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Univec Inc lagged returns against current returns
Autocorrelation, which is Univec 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 Univec's pink sheet expected returns. We can calculate the autocorrelation of Univec returns to help us make a trade decision. For example, suppose you find that Univec 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 |
Univec 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 Univec pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Univec pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Univec pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Univec Lagged Returns
When evaluating Univec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Univec pink sheet have on its future price. Univec 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, Univec autocorrelation shows the relationship between Univec pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Univec Inc.
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 Univec Pink Sheet
Univec financial ratios help investors to determine whether Univec 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 Univec with respect to the benefits of owning Univec security.