Uwharrie Capital Corp Stock Market Value
| UWHR Stock | USD 8.40 0.15 1.82% |
| Symbol | Uwharrie |
Uwharrie Capital '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 Uwharrie Capital's otc 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 Uwharrie Capital.
| 05/31/2024 |
| 11/27/2024 |
If you would invest 0.00 in Uwharrie Capital on May 31, 2024 and sell it all today you would earn a total of 0.00 from holding Uwharrie Capital Corp or generate 0.0% return on investment in Uwharrie Capital over 180 days. Uwharrie Capital is related to or competes with ENB Financial, First Reliance, Oak Ridge, and Glen Burnie. Uwharrie Capital Corp operates as the bank holding company for Uwharrie Bank that provides retail and commercial banking... More
Uwharrie Capital 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 Uwharrie Capital's otc 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 Uwharrie Capital Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 9.19 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 2.88 |
Uwharrie Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Uwharrie Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Uwharrie Capital's standard deviation. In reality, there are many statistical measures that can use Uwharrie Capital historical prices to predict the future Uwharrie Capital's volatility.| Risk Adjusted Performance | 0.0671 | |||
| Jensen Alpha | 0.1069 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (2.35) |
Uwharrie Capital Corp Backtested Returns
Currently, Uwharrie Capital Corp is not too volatile. Uwharrie Capital Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0906, which indicates the firm had a 0.0906% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Uwharrie Capital Corp, which you can use to evaluate the volatility of the company. Please validate Uwharrie Capital's Coefficient Of Variation of 1219.81, risk adjusted performance of 0.0671, and Semi Deviation of 0.7514 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Uwharrie Capital has a performance score of 7 on a scale of 0 to 100. The entity has a beta of -0.0433, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Uwharrie Capital are expected to decrease at a much lower rate. During the bear market, Uwharrie Capital is likely to outperform the market. Uwharrie Capital Corp right now has a risk of 1.38%. Please validate Uwharrie Capital maximum drawdown, as well as the relationship between the skewness and price action indicator , to decide if Uwharrie Capital will be following its existing price patterns.
Auto-correlation | 0.47 |
Average predictability
Uwharrie Capital Corp has average predictability. Overlapping area represents the amount of predictability between Uwharrie Capital time series from 31st of May 2024 to 29th of August 2024 and 29th of August 2024 to 27th 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 Uwharrie Capital Corp price movement. The serial correlation of 0.47 indicates that about 47.0% of current Uwharrie Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Uwharrie Capital Corp lagged returns against current returns
Autocorrelation, which is Uwharrie Capital otc 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 Uwharrie Capital's otc stock expected returns. We can calculate the autocorrelation of Uwharrie Capital returns to help us make a trade decision. For example, suppose you find that Uwharrie Capital has exhibited high autocorrelation historically, and you observe that the otc 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 |
Uwharrie Capital 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 Uwharrie Capital otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Uwharrie Capital otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Uwharrie Capital otc stock over time.
Current vs Lagged Prices |
| Timeline |
Uwharrie Capital Lagged Returns
When evaluating Uwharrie Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Uwharrie Capital otc stock have on its future price. Uwharrie Capital 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, Uwharrie Capital autocorrelation shows the relationship between Uwharrie Capital otc stock current value and its past values and can show if there is a momentum factor associated with investing in Uwharrie Capital Corp.
Regressed Prices |
| Timeline |
Pair Trading with Uwharrie Capital
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Uwharrie Capital position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Uwharrie Capital will appreciate offsetting losses from the drop in the long position's value.Moving together with Uwharrie OTC Stock
Moving against Uwharrie OTC Stock
| 0.87 | TLK | Telkom Indonesia Tbk | PairCorr |
| 0.84 | MRK | Merck Company Fiscal Year End 6th of February 2025 | PairCorr |
| 0.82 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.82 | BKRKY | Bank Rakyat | PairCorr |
| 0.75 | BKRKF | PT Bank Rakyat | PairCorr |
The ability to find closely correlated positions to Uwharrie Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uwharrie Capital when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Uwharrie Capital - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Uwharrie Capital Corp to buy it.
The correlation of Uwharrie Capital is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Uwharrie Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uwharrie Capital Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Uwharrie Capital can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Uwharrie OTC Stock Analysis
When running Uwharrie Capital's price analysis, check to measure Uwharrie Capital'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 Uwharrie Capital is operating at the current time. Most of Uwharrie Capital's value examination focuses on studying past and present price action to predict the probability of Uwharrie Capital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uwharrie Capital's price. Additionally, you may evaluate how the addition of Uwharrie Capital to your portfolios can decrease your overall portfolio volatility.