UPC HLDG BV Market Value
| 90320LAG2 | 95.30 3.53 3.57% |
| Symbol | 90320LAG2 |
90320LAG2 '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 90320LAG2's bond 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 90320LAG2.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in 90320LAG2 on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding UPC HLDG BV or generate 0.0% return on investment in 90320LAG2 over 30 days. 90320LAG2 is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
90320LAG2 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 90320LAG2's bond 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 UPC HLDG BV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.48 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 23.02 | |||
| Value At Risk | (0.54) | |||
| Potential Upside | 0.602 |
90320LAG2 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 90320LAG2's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 90320LAG2's standard deviation. In reality, there are many statistical measures that can use 90320LAG2 historical prices to predict the future 90320LAG2's volatility.| Risk Adjusted Performance | 0.0093 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.01) |
UPC HLDG BV Backtested Returns
UPC HLDG BV retains Efficiency (Sharpe Ratio) of -0.1, which signifies that the bond had a -0.1% return per unit of price deviation over the last 3 months. 90320LAG2 exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 90320LAG2's Risk Adjusted Performance of 0.0093, semi deviation of 3.27, and Coefficient Of Variation of 35894.48 to double-check the risk estimate we provide. The bond owns a Beta (Systematic Risk) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 90320LAG2's returns are expected to increase less than the market. However, during the bear market, the loss of holding 90320LAG2 is expected to be smaller as well.
Auto-correlation | 0.60 |
Good predictability
UPC HLDG BV has good predictability. Overlapping area represents the amount of predictability between 90320LAG2 time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 UPC HLDG BV price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current 90320LAG2 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
UPC HLDG BV lagged returns against current returns
Autocorrelation, which is 90320LAG2 bond'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 90320LAG2's bond expected returns. We can calculate the autocorrelation of 90320LAG2 returns to help us make a trade decision. For example, suppose you find that 90320LAG2 has exhibited high autocorrelation historically, and you observe that the bond 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 |
90320LAG2 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 90320LAG2 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 90320LAG2 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 90320LAG2 bond over time.
Current vs Lagged Prices |
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90320LAG2 Lagged Returns
When evaluating 90320LAG2's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 90320LAG2 bond have on its future price. 90320LAG2 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, 90320LAG2 autocorrelation shows the relationship between 90320LAG2 bond current value and its past values and can show if there is a momentum factor associated with investing in UPC HLDG BV.
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 90320LAG2 Bond
90320LAG2 financial ratios help investors to determine whether 90320LAG2 Bond 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 90320LAG2 with respect to the benefits of owning 90320LAG2 security.