Univentures Public (Thailand) Market Value
| UV Stock | THB 1.58 0.01 0.63% |
| Symbol | Univentures |
Univentures Public '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 Univentures Public'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 Univentures Public.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Univentures Public on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Univentures Public or generate 0.0% return on investment in Univentures Public over 30 days. Univentures Public is related to or competes with LPN Development, Thoresen Thai, Siri Prime, WHA Public, and Vanachai Group. Univentures Public Company Limited engages in the property development business in Thailand More
Univentures Public 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 Univentures Public'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 Univentures Public upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 9.62 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 2.3 |
Univentures Public Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Univentures Public's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Univentures Public's standard deviation. In reality, there are many statistical measures that can use Univentures Public historical prices to predict the future Univentures Public's volatility.| Risk Adjusted Performance | 0.0171 | |||
| Jensen Alpha | 0.021 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.16) |
Univentures Public Backtested Returns
Univentures Public is out of control given 3 months investment horizon. Univentures Public owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have analyzed thirty different technical indicators, which can help you to evaluate if expected returns of 14.16% are justified by taking the suggested risk. Use Univentures Public Coefficient Of Variation of 5902.62, risk adjusted performance of 0.0171, and Semi Deviation of 0.705 to evaluate company specific risk that cannot be diversified away. Univentures Public holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -0.0746, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Univentures Public are expected to decrease at a much lower rate. During the bear market, Univentures Public is likely to outperform the market. Use Univentures Public total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to analyze future returns on Univentures Public.
Auto-correlation | 0.74 |
Good predictability
Univentures Public has good predictability. Overlapping area represents the amount of predictability between Univentures Public time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Univentures Public price movement. The serial correlation of 0.74 indicates that around 74.0% of current Univentures Public price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Univentures Public lagged returns against current returns
Autocorrelation, which is Univentures Public 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 Univentures Public's stock expected returns. We can calculate the autocorrelation of Univentures Public returns to help us make a trade decision. For example, suppose you find that Univentures Public 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 |
Univentures Public 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 Univentures Public stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Univentures Public stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Univentures Public stock over time.
Current vs Lagged Prices |
| Timeline |
Univentures Public Lagged Returns
When evaluating Univentures Public's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Univentures Public stock have on its future price. Univentures Public 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, Univentures Public autocorrelation shows the relationship between Univentures Public stock current value and its past values and can show if there is a momentum factor associated with investing in Univentures Public.
Regressed Prices |
| Timeline |
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Univentures Public financial ratios help investors to determine whether Univentures 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 Univentures with respect to the benefits of owning Univentures Public security.