United Utilities Group Stock Market Value
| UUGWF Stock | USD 13.94 0.59 4.06% |
| 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' pink sheet 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.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in United Utilities on May 30, 2024 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 180 days. United Utilities is related to or competes with Artesian Resources, Global Water, Essential Utilities, American Water, American States, California Water, and Consolidated Water. 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' pink sheet 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.
| Information Ratio | 0.0032 | |||
| Maximum Drawdown | 13.23 | |||
| Potential Upside | 0.8856 |
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 | 0.0712 | |||
| Jensen Alpha | 0.1287 | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (2.89) |
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
At this point, United Utilities is not too volatile. United Utilities owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0885, which indicates the firm had a 0.0885% return per unit of risk over the last 3 months. We have found twenty technical indicators for United Utilities Group, which you can use to evaluate the volatility of the company. Please validate United Utilities' Coefficient Of Variation of 1155.8, risk adjusted performance of 0.0712, and Variance of 2.39 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. United Utilities has a performance score of 6 on a scale of 0 to 100. The entity has a beta of -0.0428, 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. United Utilities right now has a risk of 1.58%. Please validate United Utilities variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if United Utilities will be following its existing price patterns.
Auto-correlation | -0.55 |
Good reverse predictability
United Utilities Group has good reverse predictability. Overlapping area represents the amount of predictability between United Utilities time series from 30th of May 2024 to 28th of August 2024 and 28th of August 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 -0.55 indicates that about 55.0% of current United Utilities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
United Utilities lagged returns against current returns
Autocorrelation, which is United Utilities pink sheet'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' pink sheet 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 pink sheet 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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Utilities pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Utilities pink sheet 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 pink sheet 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 pink sheet 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 Pink Sheet
United Utilities financial ratios help investors to determine whether United Pink Sheet 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.