Ubs Ultra Short Fund Market Value
| USDIX Fund | USD 9.83 0.00 0.00% |
| Symbol | Ubs |
Ubs Ultra '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 Ubs Ultra's mutual fund 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 Ubs Ultra.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Ubs Ultra on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Ubs Ultra Short or generate 0.0% return on investment in Ubs Ultra over 540 days. Ubs Ultra is related to or competes with Barings Active, Old Westbury, Aqr Long-short, Astor Long/short, and Federated Ultrashort. Under normal circumstances, the fund invests in fixed income securities and money market instruments More
Ubs Ultra 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 Ubs Ultra's mutual fund 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 Ubs Ultra Short upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.10) | |||
| Maximum Drawdown | 0.6175 | |||
| Potential Upside | 0.1026 |
Ubs Ultra Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ubs Ultra's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ubs Ultra's standard deviation. In reality, there are many statistical measures that can use Ubs Ultra historical prices to predict the future Ubs Ultra's volatility.| Risk Adjusted Performance | 0.0919 | |||
| Jensen Alpha | 0.011 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (1.50) |
Ubs Ultra Short Backtested Returns
At this stage we consider Ubs Mutual Fund to be very steady. Ubs Ultra Short owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the fund had a 0.17% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Ubs Ultra Short, which you can use to evaluate the volatility of the fund. Please validate Ubs Ultra's Variance of 0.0091, risk adjusted performance of 0.0919, and Coefficient Of Variation of 473.04 to confirm if the risk estimate we provide is consistent with the expected return of 0.013%. The entity has a beta of -0.0068, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ubs Ultra are expected to decrease at a much lower rate. During the bear market, Ubs Ultra is likely to outperform the market.
Auto-correlation | 0.99 |
Perfect predictability
Ubs Ultra Short has perfect predictability. Overlapping area represents the amount of predictability between Ubs Ultra time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Ubs Ultra Short price movement. The serial correlation of 0.99 indicates that 99.0% of current Ubs Ultra price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.99 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ubs Ultra Short lagged returns against current returns
Autocorrelation, which is Ubs Ultra mutual fund'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 Ubs Ultra's mutual fund expected returns. We can calculate the autocorrelation of Ubs Ultra returns to help us make a trade decision. For example, suppose you find that Ubs Ultra has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Ubs Ultra 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 Ubs Ultra mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ubs Ultra mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ubs Ultra mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ubs Ultra Lagged Returns
When evaluating Ubs Ultra's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ubs Ultra mutual fund have on its future price. Ubs Ultra 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, Ubs Ultra autocorrelation shows the relationship between Ubs Ultra mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ubs Ultra Short.
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 Ubs Mutual Fund
Ubs Ultra financial ratios help investors to determine whether Ubs Mutual Fund 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 Ubs with respect to the benefits of owning Ubs Ultra security.
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