UTD OV (Germany) Market Value
| UOB0 Stock | EUR 50.00 0.50 0.99% |
| Symbol | UTD |
UTD OV '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 UTD OV'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 UTD OV.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in UTD OV on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding UTD OV BK LOC ADR1 or generate 0.0% return on investment in UTD OV over 30 days. UTD OV is related to or competes with Silicon Motion, NAKED WINES, Darden Restaurants, China BlueChemical, Sumitomo Chemical, NISSAN CHEMICAL, and AIR PRODCHEMICALS. United Overseas Bank Limited, together with its subsidiaries, provides banking products and services More
UTD OV 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 UTD OV'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 UTD OV BK LOC ADR1 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.0775 | |||
| Maximum Drawdown | 11.96 | |||
| Value At Risk | (1.35) | |||
| Potential Upside | 1.79 |
UTD OV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UTD OV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UTD OV's standard deviation. In reality, there are many statistical measures that can use UTD OV historical prices to predict the future UTD OV's volatility.| Risk Adjusted Performance | 0.1344 | |||
| Jensen Alpha | 0.1979 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1005 | |||
| Treynor Ratio | 0.6802 |
UTD OV BK Backtested Returns
UTD OV appears to be very steady, given 3 months investment horizon. UTD OV BK owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for UTD OV BK LOC ADR1, which you can use to evaluate the volatility of the company. Please review UTD OV's risk adjusted performance of 0.1344, and Coefficient Of Variation of 590.18 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, UTD OV holds a performance score of 15. The entity has a beta of 0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, UTD OV's returns are expected to increase less than the market. However, during the bear market, the loss of holding UTD OV is expected to be smaller as well. Please check UTD OV's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether UTD OV's existing price patterns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
UTD OV BK LOC ADR1 has insignificant reverse predictability. Overlapping area represents the amount of predictability between UTD OV 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 UTD OV BK price movement. The serial correlation of -0.15 indicates that less than 15.0% of current UTD OV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
UTD OV BK lagged returns against current returns
Autocorrelation, which is UTD OV 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 UTD OV's stock expected returns. We can calculate the autocorrelation of UTD OV returns to help us make a trade decision. For example, suppose you find that UTD OV 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 |
UTD OV 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 UTD OV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UTD OV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UTD OV stock over time.
Current vs Lagged Prices |
| Timeline |
UTD OV Lagged Returns
When evaluating UTD OV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UTD OV stock have on its future price. UTD OV 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, UTD OV autocorrelation shows the relationship between UTD OV stock current value and its past values and can show if there is a momentum factor associated with investing in UTD OV BK LOC ADR1.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in UTD Stock
UTD OV financial ratios help investors to determine whether UTD 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 UTD with respect to the benefits of owning UTD OV security.