UNITED UTILITIES (Germany) Market Value
| UUEC Stock | EUR 13.33 0.10 0.76% |
| Symbol | UNITED |
UNITED UTILITIES '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 UNITED UTILITIES'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 UNITED UTILITIES.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in UNITED UTILITIES on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding UNITED UTILITIES GR or generate 0.0% return on investment in UNITED UTILITIES over 30 days. UNITED UTILITIES is related to or competes with SIVERS SEMICONDUCTORS, Darden Restaurants, Reliance Steel, Q2M Managementberatu, Hyster-Yale Materials, Hastings Technology, and Meli Hotels. More
UNITED UTILITIES 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 UNITED UTILITIES'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 UNITED UTILITIES GR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | 0.0479 | |||
| Maximum Drawdown | 5.71 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 2.43 |
UNITED UTILITIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UNITED UTILITIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UNITED UTILITIES's standard deviation. In reality, there are many statistical measures that can use UNITED UTILITIES historical prices to predict the future UNITED UTILITIES's volatility.| Risk Adjusted Performance | 0.1162 | |||
| Jensen Alpha | 0.1406 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0456 | |||
| Treynor Ratio | 0.5675 |
UNITED UTILITIES Backtested Returns
Currently, UNITED UTILITIES GR is very steady. UNITED UTILITIES owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for UNITED UTILITIES GR, which you can use to evaluate the volatility of the company. Please validate UNITED UTILITIES's coefficient of variation of 683.14, and Risk Adjusted Performance of 0.1162 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. UNITED UTILITIES has a performance score of 10 on a scale of 0 to 100. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, UNITED UTILITIES's returns are expected to increase less than the market. However, during the bear market, the loss of holding UNITED UTILITIES is expected to be smaller as well. UNITED UTILITIES currently has a risk of 1.29%. Please validate UNITED UTILITIES standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if UNITED UTILITIES will be following its existing price patterns.
Auto-correlation | 0.73 |
Good predictability
UNITED UTILITIES GR has good predictability. Overlapping area represents the amount of predictability between UNITED UTILITIES time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 UNITED UTILITIES price movement. The serial correlation of 0.73 indicates that around 73.0% of current UNITED UTILITIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
UNITED UTILITIES lagged returns against current returns
Autocorrelation, which is UNITED UTILITIES 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 UNITED UTILITIES's stock expected returns. We can calculate the autocorrelation of UNITED UTILITIES returns to help us make a trade decision. For example, suppose you find that UNITED UTILITIES 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 |
UNITED UTILITIES 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 UNITED UTILITIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UNITED UTILITIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UNITED UTILITIES stock over time.
Current vs Lagged Prices |
| Timeline |
UNITED UTILITIES Lagged Returns
When evaluating UNITED UTILITIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UNITED UTILITIES stock have on its future price. UNITED UTILITIES 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, UNITED UTILITIES autocorrelation shows the relationship between UNITED UTILITIES stock current value and its past values and can show if there is a momentum factor associated with investing in UNITED UTILITIES GR.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for UNITED Stock Analysis
When running UNITED UTILITIES's price analysis, check to measure UNITED UTILITIES's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UNITED UTILITIES is operating at the current time. Most of UNITED UTILITIES's value examination focuses on studying past and present price action to predict the probability of UNITED UTILITIES's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UNITED UTILITIES's price. Additionally, you may evaluate how the addition of UNITED UTILITIES to your portfolios can decrease your overall portfolio volatility.