UNILEVER CAP P Market Value
| 904764AU1 | 94.08 1.96 2.04% |
| Symbol | UNILEVER |
UNILEVER '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 UNILEVER'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 UNILEVER.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in UNILEVER on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding UNILEVER CAP P or generate 0.0% return on investment in UNILEVER over 30 days. UNILEVER is related to or competes with Coca Cola, JPMorgan Chase, Dupont De, Alcoa Corp, Boeing, Microsoft, and Procter Gamble. More
UNILEVER 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 UNILEVER'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 UNILEVER CAP P upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.82 | |||
| Value At Risk | (0.25) | |||
| Potential Upside | 0.2508 |
UNILEVER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UNILEVER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UNILEVER's standard deviation. In reality, there are many statistical measures that can use UNILEVER historical prices to predict the future UNILEVER's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.54) |
UNILEVER CAP P Backtested Returns
UNILEVER CAP P owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the bond had a -0.21% return per unit of volatility over the last 3 months. UNILEVER CAP P exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UNILEVER's risk adjusted performance of (0.01), and Variance of 0.5397 to confirm the risk estimate we provide. The entity has a beta of 0.0343, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UNILEVER's returns are expected to increase less than the market. However, during the bear market, the loss of holding UNILEVER is expected to be smaller as well.
Auto-correlation | -0.67 |
Very good reverse predictability
UNILEVER CAP P has very good reverse predictability. Overlapping area represents the amount of predictability between UNILEVER time series from 24th of October 2024 to 8th of November 2024 and 8th of November 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 UNILEVER CAP P price movement. The serial correlation of -0.67 indicates that around 67.0% of current UNILEVER price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 2.63 |
UNILEVER CAP P lagged returns against current returns
Autocorrelation, which is UNILEVER 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 UNILEVER's bond expected returns. We can calculate the autocorrelation of UNILEVER returns to help us make a trade decision. For example, suppose you find that UNILEVER 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 |
UNILEVER 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 UNILEVER bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UNILEVER bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UNILEVER bond over time.
Current vs Lagged Prices |
| Timeline |
UNILEVER Lagged Returns
When evaluating UNILEVER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UNILEVER bond have on its future price. UNILEVER 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, UNILEVER autocorrelation shows the relationship between UNILEVER bond current value and its past values and can show if there is a momentum factor associated with investing in UNILEVER CAP P.
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 UNILEVER Bond
UNILEVER financial ratios help investors to determine whether UNILEVER 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 UNILEVER with respect to the benefits of owning UNILEVER security.