United Utilities (Germany) Market Value
| UUEC Stock | EUR 13.60 0.30 2.26% |
| 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' 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.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in United Utilities on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding United Utilities Group or generate 0.0% return on investment in United Utilities over 510 days. United Utilities is related to or competes with Summit Hotel, InterContinental, National Bank, and HYATT HOTELS-A. United Utilities Group PLC provides water and wastewater services in the United Kingdom 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' 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 Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | 0.0856 | |||
| Maximum Drawdown | 7.39 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 3.17 |
United Utilities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Utilities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Utilities' standard deviation. In reality, there are many statistical measures that can use United Utilities historical prices to predict the future United Utilities' volatility.| Risk Adjusted Performance | 0.1314 | |||
| Jensen Alpha | 0.2908 | |||
| Total Risk Alpha | 0.0058 | |||
| Sortino Ratio | 0.0823 | |||
| Treynor Ratio | (0.91) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of United Utilities' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
United Utilities Backtested Returns
United Utilities appears to be not too volatile, given 3 months investment horizon. United Utilities owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for United Utilities Group, which you can use to evaluate the volatility of the company. Please review United Utilities' Coefficient Of Variation of 606.08, risk adjusted performance of 0.1314, and Semi Deviation of 1.18 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, United Utilities holds a performance score of 10. The entity has a beta of -0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning United Utilities are expected to decrease at a much lower rate. During the bear market, United Utilities is likely to outperform the market. Please check United Utilities' information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether United Utilities' existing price patterns will revert.
Auto-correlation | 0.35 |
Below average predictability
United Utilities Group has below average predictability. Overlapping area represents the amount of predictability between United Utilities 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 United Utilities price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current United Utilities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
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' 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' 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 Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in United Stock
United Utilities financial ratios help investors to determine whether United 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 United with respect to the benefits of owning United Utilities security.