Univanich Palm (Thailand) Market Value
| UVAN Stock | THB 9.25 0.05 0.54% |
| Symbol | Univanich |
Univanich Palm '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 Univanich Palm'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 Univanich Palm.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Univanich Palm on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Univanich Palm Oil or generate 0.0% return on investment in Univanich Palm over 30 days. Univanich Palm is related to or competes with Chumporn Palm, United Palm, Thai Vegetable, Sri Trang, and Thoresen Thai. Univanich Palm Oil Public Company Limited engages in the oil palm plantations, palm fruit processing, and hybrid oil pal... More
Univanich Palm 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 Univanich Palm'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 Univanich Palm Oil upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9343 | |||
| Information Ratio | 0.0075 | |||
| Maximum Drawdown | 5.03 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.71 |
Univanich Palm Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Univanich Palm's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Univanich Palm's standard deviation. In reality, there are many statistical measures that can use Univanich Palm historical prices to predict the future Univanich Palm's volatility.| Risk Adjusted Performance | 0.1212 | |||
| Jensen Alpha | 0.1594 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.007 | |||
| Treynor Ratio | (0.48) |
Univanich Palm Oil Backtested Returns
As of now, Univanich Stock is very steady. Univanich Palm Oil owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We have found thirty technical indicators for Univanich Palm Oil, which you can use to evaluate the volatility of the company. Please validate Univanich Palm's Coefficient Of Variation of 639.73, semi deviation of 0.5233, and Risk Adjusted Performance of 0.1212 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. Univanich Palm has a performance score of 13 on a scale of 0 to 100. The entity has a beta of -0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Univanich Palm are expected to decrease at a much lower rate. During the bear market, Univanich Palm is likely to outperform the market. Univanich Palm Oil right now has a risk of 0.89%. Please validate Univanich Palm total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Univanich Palm will be following its existing price patterns.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Univanich Palm Oil has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Univanich Palm 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 Univanich Palm Oil price movement. The serial correlation of -0.72 indicates that around 72.0% of current Univanich Palm price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Univanich Palm Oil lagged returns against current returns
Autocorrelation, which is Univanich Palm 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 Univanich Palm's stock expected returns. We can calculate the autocorrelation of Univanich Palm returns to help us make a trade decision. For example, suppose you find that Univanich Palm 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 |
Univanich Palm 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 Univanich Palm stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Univanich Palm stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Univanich Palm stock over time.
Current vs Lagged Prices |
| Timeline |
Univanich Palm Lagged Returns
When evaluating Univanich Palm's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Univanich Palm stock have on its future price. Univanich Palm 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, Univanich Palm autocorrelation shows the relationship between Univanich Palm stock current value and its past values and can show if there is a momentum factor associated with investing in Univanich Palm Oil.
Regressed Prices |
| Timeline |
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Univanich Palm financial ratios help investors to determine whether Univanich 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 Univanich with respect to the benefits of owning Univanich Palm security.