Uniserve Communications Corp Stock Market Value
| USS Stock | CAD 0.18 0.02 10.00% |
| Symbol | Uniserve |
Uniserve Communications '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 Uniserve Communications' 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 Uniserve Communications.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Uniserve Communications on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Uniserve Communications Corp or generate 0.0% return on investment in Uniserve Communications over 30 days. Uniserve Communications is related to or competes with Royal Canadian, Cymbria, IShares Canadian, Altagas Cum, European Residential, RBC Discount, and IShares SPTSX. Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services ... More
Uniserve Communications 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 Uniserve Communications' 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 Uniserve Communications Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 26.72 | |||
| Information Ratio | 0.1149 | |||
| Maximum Drawdown | 183.33 | |||
| Value At Risk | (16.67) | |||
| Potential Upside | 33.33 |
Uniserve Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Uniserve Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Uniserve Communications' standard deviation. In reality, there are many statistical measures that can use Uniserve Communications historical prices to predict the future Uniserve Communications' volatility.| Risk Adjusted Performance | 0.1026 | |||
| Jensen Alpha | 3.16 | |||
| Total Risk Alpha | 1.6 | |||
| Sortino Ratio | 0.1111 | |||
| Treynor Ratio | (0.89) |
Uniserve Communications Backtested Returns
Uniserve Communications is out of control given 3 months investment horizon. Uniserve Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.22% are justified by taking the suggested risk. Use Uniserve Communications Semi Deviation of 10.67, coefficient of variation of 854.88, and Risk Adjusted Performance of 0.1026 to evaluate company specific risk that cannot be diversified away. Uniserve Communications holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of -3.39, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Uniserve Communications are expected to decrease by larger amounts. On the other hand, during market turmoil, Uniserve Communications is expected to outperform it. Use Uniserve Communications treynor ratio, as well as the relationship between the semi variance and rate of daily change , to analyze future returns on Uniserve Communications.
Auto-correlation | 0.91 |
Excellent predictability
Uniserve Communications Corp has excellent predictability. Overlapping area represents the amount of predictability between Uniserve Communications time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Uniserve Communications price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Uniserve Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Uniserve Communications lagged returns against current returns
Autocorrelation, which is Uniserve Communications 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 Uniserve Communications' stock expected returns. We can calculate the autocorrelation of Uniserve Communications returns to help us make a trade decision. For example, suppose you find that Uniserve Communications 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 |
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Uniserve Communications 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 Uniserve Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Uniserve Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Uniserve Communications stock over time.
Current vs Lagged Prices |
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Uniserve Communications Lagged Returns
When evaluating Uniserve Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Uniserve Communications stock have on its future price. Uniserve Communications 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, Uniserve Communications autocorrelation shows the relationship between Uniserve Communications stock current value and its past values and can show if there is a momentum factor associated with investing in Uniserve Communications Corp.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Uniserve Stock Analysis
When running Uniserve Communications' price analysis, check to measure Uniserve Communications' 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 Uniserve Communications is operating at the current time. Most of Uniserve Communications' value examination focuses on studying past and present price action to predict the probability of Uniserve Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uniserve Communications' price. Additionally, you may evaluate how the addition of Uniserve Communications to your portfolios can decrease your overall portfolio volatility.