Unilever Pakistan (Pakistan) Market Value
| UPFL Stock | 19,530 35.17 0.18% |
| Symbol | Unilever |
Unilever Pakistan '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 Unilever Pakistan'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 Unilever Pakistan.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Unilever Pakistan on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Unilever Pakistan Foods or generate 0.0% return on investment in Unilever Pakistan over 720 days. Unilever Pakistan is related to or competes with Adamjee Insurance, Atlas Insurance, MCB Bank, Reliance Insurance, National Bank, and Pak Datacom. More
Unilever Pakistan 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 Unilever Pakistan'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 Unilever Pakistan Foods upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9908 | |||
| Information Ratio | 0.0695 | |||
| Maximum Drawdown | 5.96 | |||
| Value At Risk | (1.30) | |||
| Potential Upside | 1.78 |
Unilever Pakistan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unilever Pakistan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unilever Pakistan's standard deviation. In reality, there are many statistical measures that can use Unilever Pakistan historical prices to predict the future Unilever Pakistan's volatility.| Risk Adjusted Performance | 0.1633 | |||
| Jensen Alpha | 0.1988 | |||
| Total Risk Alpha | 0.0327 | |||
| Sortino Ratio | 0.0683 | |||
| Treynor Ratio | (6.95) |
Unilever Pakistan Foods Backtested Returns
Unilever Pakistan appears to be very steady, given 3 months investment horizon. Unilever Pakistan Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Unilever Pakistan Foods, which you can use to evaluate the volatility of the company. Please review Unilever Pakistan's Risk Adjusted Performance of 0.1633, coefficient of variation of 474.42, and Semi Deviation of 0.676 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Unilever Pakistan holds a performance score of 18. The entity has a beta of -0.0281, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Unilever Pakistan are expected to decrease at a much lower rate. During the bear market, Unilever Pakistan is likely to outperform the market. Please check Unilever Pakistan's standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Unilever Pakistan's existing price patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Unilever Pakistan Foods has modest reverse predictability. Overlapping area represents the amount of predictability between Unilever Pakistan time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 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 Unilever Pakistan Foods price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Unilever Pakistan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 1.8 M |
Unilever Pakistan Foods lagged returns against current returns
Autocorrelation, which is Unilever Pakistan 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 Unilever Pakistan's stock expected returns. We can calculate the autocorrelation of Unilever Pakistan returns to help us make a trade decision. For example, suppose you find that Unilever Pakistan 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 |
Unilever Pakistan 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 Unilever Pakistan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unilever Pakistan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unilever Pakistan stock over time.
Current vs Lagged Prices |
| Timeline |
Unilever Pakistan Lagged Returns
When evaluating Unilever Pakistan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unilever Pakistan stock have on its future price. Unilever Pakistan 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, Unilever Pakistan autocorrelation shows the relationship between Unilever Pakistan stock current value and its past values and can show if there is a momentum factor associated with investing in Unilever Pakistan Foods.
Regressed Prices |
| Timeline |
Pair Trading with Unilever Pakistan
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 Unilever Pakistan 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 Unilever Pakistan will appreciate offsetting losses from the drop in the long position's value.Moving together with Unilever Stock
| 0.9 | OGDC | Oil and Gas | PairCorr |
| 0.95 | PSO | Pakistan State Oil | PairCorr |
| 0.95 | PPL | Pakistan Petroleum | PairCorr |
| 0.86 | FFC | Fauji Fertilizer | PairCorr |
| 0.67 | HBL | Habib Bank | PairCorr |
The ability to find closely correlated positions to Unilever Pakistan could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Unilever Pakistan 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 Unilever Pakistan - 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 Unilever Pakistan Foods to buy it.
The correlation of Unilever Pakistan 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 Unilever Pakistan moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Unilever Pakistan Foods 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 Unilever Pakistan 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.Other Information on Investing in Unilever Stock
Unilever Pakistan financial ratios help investors to determine whether Unilever 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 Unilever with respect to the benefits of owning Unilever Pakistan security.