Ultrapar Participacoes Sa Stock Market Value
| UGP Stock | USD 2.68 0.03 1.13% |
| Symbol | Ultrapar |
Ultrapar Participacoes Price To Book Ratio
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ultrapar Participacoes. If investors know Ultrapar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ultrapar Participacoes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.02 | Earnings Share 0.39 | Revenue Per Share 117.108 | Quarterly Revenue Growth 0.093 | Return On Assets 0.0786 |
The market value of Ultrapar Participacoes is measured differently than its book value, which is the value of Ultrapar that is recorded on the company's balance sheet. Investors also form their own opinion of Ultrapar Participacoes' value that differs from its market value or its book value, called intrinsic value, which is Ultrapar Participacoes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ultrapar Participacoes' market value can be influenced by many factors that don't directly affect Ultrapar Participacoes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ultrapar Participacoes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultrapar Participacoes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultrapar Participacoes' 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.
Ultrapar Participacoes '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 Ultrapar Participacoes' 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 Ultrapar Participacoes.
| 11/20/2024 |
| 12/20/2024 |
If you would invest 0.00 in Ultrapar Participacoes on November 20, 2024 and sell it all today you would earn a total of 0.00 from holding Ultrapar Participacoes SA or generate 0.0% return on investment in Ultrapar Participacoes over 30 days. Ultrapar Participacoes is related to or competes with CVR Energy, PBF Energy, HF Sinclair, Par Pacific, Star Gas, Delek Energy, and Phillips. Ultrapar Participaes S.A. engages in the gas distribution, fuel distribution, and storage businesses primarily in Brazil... More
Ultrapar Participacoes 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 Ultrapar Participacoes' 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 Ultrapar Participacoes SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 11.97 | |||
| Value At Risk | (5.87) | |||
| Potential Upside | 3.15 |
Ultrapar Participacoes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultrapar Participacoes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ultrapar Participacoes' standard deviation. In reality, there are many statistical measures that can use Ultrapar Participacoes historical prices to predict the future Ultrapar Participacoes' volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (0.66) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.76) |
Ultrapar Participacoes Backtested Returns
Ultrapar Participacoes owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19% return per unit of risk over the last 3 months. Ultrapar Participacoes SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ultrapar Participacoes' Variance of 7.08, coefficient of variation of (421.68), and Risk Adjusted Performance of (0.18) to confirm the risk estimate we provide. The entity has a beta of 0.84, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Ultrapar Participacoes' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ultrapar Participacoes is expected to be smaller as well. At this point, Ultrapar Participacoes has a negative expected return of -0.51%. Please make sure to validate Ultrapar Participacoes' value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Ultrapar Participacoes performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.86 |
Very good predictability
Ultrapar Participacoes SA has very good predictability. Overlapping area represents the amount of predictability between Ultrapar Participacoes time series from 20th of November 2024 to 5th of December 2024 and 5th of December 2024 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 Ultrapar Participacoes price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Ultrapar Participacoes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Ultrapar Participacoes lagged returns against current returns
Autocorrelation, which is Ultrapar Participacoes 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 Ultrapar Participacoes' stock expected returns. We can calculate the autocorrelation of Ultrapar Participacoes returns to help us make a trade decision. For example, suppose you find that Ultrapar Participacoes 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 |
Ultrapar Participacoes 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 Ultrapar Participacoes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ultrapar Participacoes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ultrapar Participacoes stock over time.
Current vs Lagged Prices |
| Timeline |
Ultrapar Participacoes Lagged Returns
When evaluating Ultrapar Participacoes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ultrapar Participacoes stock have on its future price. Ultrapar Participacoes 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, Ultrapar Participacoes autocorrelation shows the relationship between Ultrapar Participacoes stock current value and its past values and can show if there is a momentum factor associated with investing in Ultrapar Participacoes SA.
Regressed Prices |
| Timeline |
Pair Trading with Ultrapar Participacoes
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 Ultrapar Participacoes 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 Ultrapar Participacoes will appreciate offsetting losses from the drop in the long position's value.Moving together with Ultrapar Stock
Moving against Ultrapar Stock
| 0.93 | EE | Excelerate Energy | PairCorr |
| 0.91 | ET | Energy Transfer LP | PairCorr |
| 0.9 | BDCO | Blue Dolphin Energy | PairCorr |
| 0.88 | AE | Adams Resources Energy | PairCorr |
| 0.71 | AR | Antero Resources Corp | PairCorr |
The ability to find closely correlated positions to Ultrapar Participacoes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ultrapar Participacoes 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 Ultrapar Participacoes - 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 Ultrapar Participacoes SA to buy it.
The correlation of Ultrapar Participacoes 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 Ultrapar Participacoes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ultrapar Participacoes 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 Ultrapar Participacoes 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 Ultrapar Stock Analysis
When running Ultrapar Participacoes' price analysis, check to measure Ultrapar Participacoes' 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 Ultrapar Participacoes is operating at the current time. Most of Ultrapar Participacoes' value examination focuses on studying past and present price action to predict the probability of Ultrapar Participacoes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultrapar Participacoes' price. Additionally, you may evaluate how the addition of Ultrapar Participacoes to your portfolios can decrease your overall portfolio volatility.