UET United (Germany) Market Value
| CFC Stock | 0.97 0.01 1.04% |
| Symbol | UET |
UET United '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 UET United'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 UET United.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in UET United on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding UET United Electronic or generate 0.0% return on investment in UET United over 90 days. UET United is related to or competes with Cisco Systems, Cisco Systems, Motorola Solutions, Nokia, Nokia, ZTE, and Hewlett Packard. More
UET United 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 UET United'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 UET United Electronic upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.86 | |||
| Information Ratio | 0.0096 | |||
| Maximum Drawdown | 34.71 | |||
| Value At Risk | (7.06) | |||
| Potential Upside | 7.22 |
UET United Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UET United's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UET United's standard deviation. In reality, there are many statistical measures that can use UET United historical prices to predict the future UET United's volatility.| Risk Adjusted Performance | 0.0383 | |||
| Jensen Alpha | 0.0497 | |||
| Total Risk Alpha | (0.61) | |||
| Sortino Ratio | 0.0093 | |||
| Treynor Ratio | 0.1793 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of UET United's 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.
UET United Electronic Backtested Returns
Currently, UET United Electronic is abnormally volatile. UET United Electronic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0185, which indicates the firm had a 0.0185% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for UET United Electronic, which you can use to evaluate the volatility of the company. Please validate UET United's coefficient of variation of 2554.77, and Risk Adjusted Performance of 0.0383 to confirm if the risk estimate we provide is consistent with the expected return of 0.0859%. UET United has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.96, which indicates possible diversification benefits within a given portfolio. UET United returns are very sensitive to returns on the market. As the market goes up or down, UET United is expected to follow. UET United Electronic currently has a risk of 4.65%. Please validate UET United maximum drawdown and the relationship between the semi variance and day typical price , to decide if UET United will be following its existing price patterns.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
UET United Electronic has almost perfect reverse predictability. Overlapping area represents the amount of predictability between UET United time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd of December 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 UET United Electronic price movement. The serial correlation of -0.76 indicates that around 76.0% of current UET United price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
UET United Electronic lagged returns against current returns
Autocorrelation, which is UET United 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 UET United's stock expected returns. We can calculate the autocorrelation of UET United returns to help us make a trade decision. For example, suppose you find that UET United 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 |
UET United 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 UET United stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UET United stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UET United stock over time.
Current vs Lagged Prices |
| Timeline |
UET United Lagged Returns
When evaluating UET United's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UET United stock have on its future price. UET United 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, UET United autocorrelation shows the relationship between UET United stock current value and its past values and can show if there is a momentum factor associated with investing in UET United Electronic.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for UET Stock Analysis
When running UET United's price analysis, check to measure UET United'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 UET United is operating at the current time. Most of UET United's value examination focuses on studying past and present price action to predict the probability of UET United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UET United's price. Additionally, you may evaluate how the addition of UET United to your portfolios can decrease your overall portfolio volatility.