UBS Barclays' market value is the price at which a share of UBS Barclays trades on a public exchange. It measures the collective expectations of UBS Barclays Liquid investors about its performance. UBS Barclays is trading at 14.27 as of the 2nd of December 2024, a 0.28 percent up since the beginning of the trading day. The etf's lowest day price was 14.21. With this module, you can estimate the performance of a buy and hold strategy of UBS Barclays Liquid and determine expected loss or profit from investing in UBS Barclays over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
UBS
UBS Barclays '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 Barclays' etf 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 Barclays.
0.00
06/05/2024
No Change 0.00
0.0
In 5 months and 30 days
12/02/2024
0.00
If you would invest 0.00 in UBS Barclays on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding UBS Barclays Liquid or generate 0.0% return on investment in UBS Barclays over 180 days.
UBS Barclays 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 Barclays' etf 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 Barclays Liquid upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBS Barclays' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UBS Barclays' standard deviation. In reality, there are many statistical measures that can use UBS Barclays historical prices to predict the future UBS Barclays' volatility.
At this point, UBS Barclays is very steady. UBS Barclays Liquid owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the etf had a 0.19% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for UBS Barclays Liquid, which you can use to evaluate the volatility of the entity. Please validate UBS Barclays' Coefficient Of Variation of 511.78, market risk adjusted performance of 0.7304, and Risk Adjusted Performance of 0.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.0736%. The entity has a beta of 0.093, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UBS Barclays' returns are expected to increase less than the market. However, during the bear market, the loss of holding UBS Barclays is expected to be smaller as well.
Auto-correlation
-0.31
Poor reverse predictability
UBS Barclays Liquid has poor reverse predictability. Overlapping area represents the amount of predictability between UBS Barclays time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 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 UBS Barclays Liquid price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current UBS Barclays price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.31
Spearman Rank Test
-0.33
Residual Average
0.0
Price Variance
0.04
UBS Barclays Liquid lagged returns against current returns
Autocorrelation, which is UBS Barclays etf'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 Barclays' etf expected returns. We can calculate the autocorrelation of UBS Barclays returns to help us make a trade decision. For example, suppose you find that UBS Barclays has exhibited high autocorrelation historically, and you observe that the etf 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 Barclays 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 Barclays etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UBS Barclays etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UBS Barclays etf over time.
Current vs Lagged Prices
Timeline
UBS Barclays Lagged Returns
When evaluating UBS Barclays' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UBS Barclays etf have on its future price. UBS Barclays 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 Barclays autocorrelation shows the relationship between UBS Barclays etf current value and its past values and can show if there is a momentum factor associated with investing in UBS Barclays Liquid.
Regressed Prices
Timeline
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