Ups Cdr Stock Market Value
| UPS Stock | 17.91 0.33 1.88% |
| Symbol | UPS |
UPS CDR '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 UPS CDR'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 UPS CDR.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in UPS CDR on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding UPS CDR or generate 0.0% return on investment in UPS CDR over 720 days. UPS CDR is related to or competes with Alaris Equity, Timbercreek Financial, Fiera Capital, Diversified Royalty, and MCAN Mortgage. UPS CDR is entity of Canada. It is traded as Stock on NEO exchange. More
UPS CDR 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 UPS CDR'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 UPS CDR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 7.17 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.02 |
UPS CDR Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UPS CDR's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UPS CDR's standard deviation. In reality, there are many statistical measures that can use UPS CDR historical prices to predict the future UPS CDR's volatility.| Risk Adjusted Performance | 0.0782 | |||
| Jensen Alpha | 0.124 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (56.23) |
UPS CDR Backtested Returns
As of now, UPS Stock is very steady. UPS CDR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0943, which indicates the firm had a 0.0943% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for UPS CDR, which you can use to evaluate the volatility of the company. Please validate UPS CDR's coefficient of variation of 1036.87, and Risk Adjusted Performance of 0.0782 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. UPS CDR has a performance score of 7 on a scale of 0 to 100. The entity has a beta of -0.0022, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning UPS CDR are expected to decrease at a much lower rate. During the bear market, UPS CDR is likely to outperform the market. UPS CDR presently has a risk of 1.4%. Please validate UPS CDR value at risk, kurtosis, market facilitation index, as well as the relationship between the semi variance and rate of daily change , to decide if UPS CDR will be following its existing price patterns.
Auto-correlation | 0.46 |
Average predictability
UPS CDR has average predictability. Overlapping area represents the amount of predictability between UPS CDR 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 UPS CDR price movement. The serial correlation of 0.46 indicates that about 46.0% of current UPS CDR price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 1.43 |
UPS CDR lagged returns against current returns
Autocorrelation, which is UPS CDR 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 UPS CDR's stock expected returns. We can calculate the autocorrelation of UPS CDR returns to help us make a trade decision. For example, suppose you find that UPS CDR 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 |
UPS CDR 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 UPS CDR stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UPS CDR stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UPS CDR stock over time.
Current vs Lagged Prices |
| Timeline |
UPS CDR Lagged Returns
When evaluating UPS CDR's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UPS CDR stock have on its future price. UPS CDR 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, UPS CDR autocorrelation shows the relationship between UPS CDR stock current value and its past values and can show if there is a momentum factor associated with investing in UPS CDR.
Regressed Prices |
| Timeline |
Pair Trading with UPS CDR
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 UPS CDR 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 UPS CDR will appreciate offsetting losses from the drop in the long position's value.Moving together with UPS Stock
Moving against UPS Stock
The ability to find closely correlated positions to UPS CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UPS CDR 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 UPS CDR - 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 UPS CDR to buy it.
The correlation of UPS CDR 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 UPS CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UPS CDR 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 UPS CDR 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 UPS Stock
UPS CDR financial ratios help investors to determine whether UPS 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 UPS with respect to the benefits of owning UPS CDR security.