Ubs Select Prime Fund Market Value
SELXX Fund | USD 1.00 0.00 0.00% |
Symbol | Ubs |
Please note, there is a significant difference between Ubs Select's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ubs Select is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ubs Select's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Ubs Select '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 Ubs Select's money market fund 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 Ubs Select.
12/31/2022 |
| 12/20/2024 |
If you would invest 0.00 in Ubs Select on December 31, 2022 and sell it all today you would earn a total of 0.00 from holding Ubs Select Prime or generate 0.0% return on investment in Ubs Select over 720 days. Ubs Select is related to or competes with Vanguard Total, Vanguard 500, Vanguard Total, Vanguard Total, Vanguard Total, Vanguard Total, and Vanguard 500. Ubs Select is entity of United States. It is traded as Fund on NMFQS exchange. More
Ubs Select 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 Ubs Select's money market fund 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 Ubs Select Prime upside and downside potential and time the market with a certain degree of confidence.
Ubs Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ubs Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ubs Select's standard deviation. In reality, there are many statistical measures that can use Ubs Select historical prices to predict the future Ubs Select's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ubs Select'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.
Ubs Select Prime Backtested Returns
We have found three technical indicators for Ubs Select Prime, which you can use to evaluate the volatility of the fund. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Ubs Select are completely uncorrelated.
Auto-correlation | -0.84 |
Excellent reverse predictability
Ubs Select Prime has excellent reverse predictability. Overlapping area represents the amount of predictability between Ubs Select time series from 31st of December 2022 to 26th of December 2023 and 26th of December 2023 to 20th 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 Ubs Select Prime price movement. The serial correlation of -0.84 indicates that around 84.0% of current Ubs Select price fluctuation can be explain by its past prices.
Correlation Coefficient | -0.84 | |
Spearman Rank Test | -0.49 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
Ubs Select Prime lagged returns against current returns
Autocorrelation, which is Ubs Select money market fund'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 Ubs Select's money market fund expected returns. We can calculate the autocorrelation of Ubs Select returns to help us make a trade decision. For example, suppose you find that Ubs Select has exhibited high autocorrelation historically, and you observe that the money market fund 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 |
Ubs Select 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 Ubs Select money market fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ubs Select money market fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ubs Select money market fund over time.
Current vs Lagged Prices |
Timeline |
Ubs Select Lagged Returns
When evaluating Ubs Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ubs Select money market fund have on its future price. Ubs Select 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, Ubs Select autocorrelation shows the relationship between Ubs Select money market fund current value and its past values and can show if there is a momentum factor associated with investing in Ubs Select Prime.
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.Other Information on Investing in Ubs Money Market Fund
Ubs Select financial ratios help investors to determine whether Ubs Money Market Fund 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 Ubs with respect to the benefits of owning Ubs Select security.
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