UOBSP 3863 07 OCT 32 Market Value
| 91127KAH5 | 96.90 0.00 0.00% |
| Symbol | UOBSP |
Please note, there is a significant difference between UOBSP's value and its price as these two are different measures arrived at by different means. Investors typically determine if UOBSP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UOBSP's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
UOBSP '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 UOBSP'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 UOBSP.
| 08/19/2023 |
| 12/11/2024 |
If you would invest 0.00 in UOBSP on August 19, 2023 and sell it all today you would earn a total of 0.00 from holding UOBSP 3863 07 OCT 32 or generate 0.0% return on investment in UOBSP over 480 days. UOBSP is related to or competes with 00108WAF7, 90331HPL1, Alphabet, InMode, BigBearai Holdings, IQIYI, and SoundHound. More
UOBSP 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 UOBSP'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 UOBSP 3863 07 OCT 32 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4761 | |||
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 3.19 | |||
| Value At Risk | (0.83) | |||
| Potential Upside | 0.9286 |
UOBSP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UOBSP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UOBSP's standard deviation. In reality, there are many statistical measures that can use UOBSP historical prices to predict the future UOBSP's volatility.| Risk Adjusted Performance | 0.076 | |||
| Jensen Alpha | 0.065 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.13) | |||
| Treynor Ratio | (0.52) |
UOBSP 3863 07 Backtested Returns
UOBSP 3863 07 retains Efficiency (Sharpe Ratio) of -0.21, which indicates the bond had a -0.21% return per unit of volatility over the last 3 months. UOBSP exposes twenty-five different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UOBSP's risk adjusted performance of 0.076, and Downside Deviation of 0.4761 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning UOBSP are expected to decrease at a much lower rate. During the bear market, UOBSP is likely to outperform the market.
Auto-correlation | 0.68 |
Good predictability
UOBSP 3863 07 OCT 32 has good predictability. Overlapping area represents the amount of predictability between UOBSP time series from 19th of August 2023 to 15th of April 2024 and 15th of April 2024 to 11th of December 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 UOBSP 3863 07 price movement. The serial correlation of 0.68 indicates that around 68.0% of current UOBSP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
UOBSP 3863 07 lagged returns against current returns
Autocorrelation, which is UOBSP 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 UOBSP's bond expected returns. We can calculate the autocorrelation of UOBSP returns to help us make a trade decision. For example, suppose you find that UOBSP 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 |
UOBSP 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 UOBSP bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UOBSP bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UOBSP bond over time.
Current vs Lagged Prices |
| Timeline |
UOBSP Lagged Returns
When evaluating UOBSP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UOBSP bond have on its future price. UOBSP 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, UOBSP autocorrelation shows the relationship between UOBSP bond current value and its past values and can show if there is a momentum factor associated with investing in UOBSP 3863 07 OCT 32.
Regressed Prices |
| Timeline |
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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 UOBSP Bond
UOBSP financial ratios help investors to determine whether UOBSP 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 UOBSP with respect to the benefits of owning UOBSP security.