Union Bank (Philippines) Market Value
| UBP Stock | 36.70 0.10 0.27% |
| Symbol | Union |
Union Bank '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 Union Bank'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 Union Bank.
| 06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in Union Bank on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Union Bank of or generate 0.0% return on investment in Union Bank over 180 days. Union Bank is related to or competes with Security Bank, Philippine National, and Philippine Savings. More
Union Bank 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 Union Bank'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 Union Bank of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | 0.0227 | |||
| Maximum Drawdown | 11.01 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 3.19 |
Union Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Union Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Union Bank's standard deviation. In reality, there are many statistical measures that can use Union Bank historical prices to predict the future Union Bank's volatility.| Risk Adjusted Performance | 0.0704 | |||
| Jensen Alpha | 0.1138 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0207 | |||
| Treynor Ratio | 0.4804 |
Union Bank Backtested Returns
At this point, Union Bank is very steady. Union Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0742, which indicates the firm had a 0.0742% return per unit of risk over the last 3 months. We have found thirty technical indicators for Union Bank of, which you can use to evaluate the volatility of the company. Please validate Union Bank's Risk Adjusted Performance of 0.0704, semi deviation of 1.64, and Coefficient Of Variation of 1182.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Union Bank has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Union Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Union Bank is expected to be smaller as well. Union Bank right now has a risk of 1.87%. Please validate Union Bank total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Union Bank will be following its existing price patterns.
Auto-correlation | -0.09 |
Very weak reverse predictability
Union Bank of has very weak reverse predictability. Overlapping area represents the amount of predictability between Union Bank time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th 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 Union Bank price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Union Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 5.0 |
Union Bank lagged returns against current returns
Autocorrelation, which is Union Bank 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 Union Bank's stock expected returns. We can calculate the autocorrelation of Union Bank returns to help us make a trade decision. For example, suppose you find that Union Bank 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 |
Union Bank 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 Union Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Union Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Union Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Union Bank Lagged Returns
When evaluating Union Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Union Bank stock have on its future price. Union Bank 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, Union Bank autocorrelation shows the relationship between Union Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Union Bank of.
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 Union Stock
Union Bank financial ratios help investors to determine whether Union 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 Union with respect to the benefits of owning Union Bank security.