UTI Asset (India) Market Value

UTIAMC Stock   1,288  14.10  1.08%   
UTI Asset's market value is the price at which a share of UTI Asset trades on a public exchange. It measures the collective expectations of UTI Asset Management investors about its performance. UTI Asset is trading at 1287.65 as of the 26th of November 2024, a 1.08 percent decrease since the beginning of the trading day. The stock's open price was 1301.75.
With this module, you can estimate the performance of a buy and hold strategy of UTI Asset Management and determine expected loss or profit from investing in UTI Asset over a given investment horizon. Check out UTI Asset Correlation, UTI Asset Volatility and UTI Asset Alpha and Beta module to complement your research on UTI Asset.
Symbol

Please note, there is a significant difference between UTI Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if UTI Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UTI Asset'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.

UTI Asset '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 UTI Asset'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 UTI Asset.
0.00
07/05/2023
No Change 0.00  0.0 
In 1 year 4 months and 26 days
11/26/2024
0.00
If you would invest  0.00  in UTI Asset on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding UTI Asset Management or generate 0.0% return on investment in UTI Asset over 510 days. UTI Asset is related to or competes with Pondy Oxides, General Insurance, Krebs Biochemicals, Neogen Chemicals, JGCHEMICALS, Bodhi Tree, and Coffee Day. UTI Asset is entity of India. It is traded as Stock on NSE exchange. More

UTI Asset 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 UTI Asset'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 UTI Asset Management upside and downside potential and time the market with a certain degree of confidence.

UTI Asset Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for UTI Asset's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UTI Asset's standard deviation. In reality, there are many statistical measures that can use UTI Asset historical prices to predict the future UTI Asset's volatility.
Hype
Prediction
LowEstimatedHigh
1,2831,2861,289
Details
Intrinsic
Valuation
LowRealHigh
1,2591,2621,416
Details
Earnings
Estimates (0)
LowProjected EPSHigh
8.659.8910.50
Details

UTI Asset Management Backtested Returns

UTI Asset appears to be very steady, given 3 months investment horizon. UTI Asset Management owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0926, which indicates the firm had a 0.0926% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for UTI Asset Management, which you can use to evaluate the volatility of the company. Please review UTI Asset's coefficient of variation of 1138.17, and Risk Adjusted Performance of 0.0742 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, UTI Asset holds a performance score of 7. The entity has a beta of 0.0936, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UTI Asset's returns are expected to increase less than the market. However, during the bear market, the loss of holding UTI Asset is expected to be smaller as well. Please check UTI Asset's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether UTI Asset's existing price patterns will revert.

Auto-correlation

    
  0.83  

Very good predictability

UTI Asset Management has very good predictability. Overlapping area represents the amount of predictability between UTI Asset time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 UTI Asset Management price movement. The serial correlation of 0.83 indicates that around 83.0% of current UTI Asset price fluctuation can be explain by its past prices.
Correlation Coefficient0.83
Spearman Rank Test0.74
Residual Average0.0
Price Variance27.1 K

UTI Asset Management lagged returns against current returns

Autocorrelation, which is UTI Asset 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 UTI Asset's stock expected returns. We can calculate the autocorrelation of UTI Asset returns to help us make a trade decision. For example, suppose you find that UTI Asset 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  

UTI Asset 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 UTI Asset stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UTI Asset stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UTI Asset stock over time.
   Current vs Lagged Prices   
       Timeline  

UTI Asset Lagged Returns

When evaluating UTI Asset's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UTI Asset stock have on its future price. UTI Asset 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, UTI Asset autocorrelation shows the relationship between UTI Asset stock current value and its past values and can show if there is a momentum factor associated with investing in UTI Asset Management.
   Regressed Prices   
       Timeline  

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Other Information on Investing in UTI Stock

UTI Asset financial ratios help investors to determine whether UTI 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 UTI with respect to the benefits of owning UTI Asset security.