UST Inc (France) Market Value
| UST Etf | EUR 80.17 0.33 0.41% |
| Symbol | UST |
UST Inc '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 UST Inc's 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 UST Inc.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in UST Inc on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Multi Units Luxembourg or generate 0.0% return on investment in UST Inc over 30 days. UST Inc is related to or competes with Amundi Index, Manitou BF, Ossiam Minimum, Ekinops SA, Orapi SA, Memscap Regpt, and Malteries Franco. The investment objective of is to track both the upward and the downward evolution of the NASDAQ-100 Notional Net Total ... More
UST Inc 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 UST Inc's 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 Multi Units Luxembourg upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0515 | |||
| Maximum Drawdown | 6.29 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 1.27 |
UST Inc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UST Inc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UST Inc's standard deviation. In reality, there are many statistical measures that can use UST Inc historical prices to predict the future UST Inc's volatility.| Risk Adjusted Performance | 0.1374 | |||
| Jensen Alpha | 0.1448 | |||
| Total Risk Alpha | (0.0003) | |||
| Sortino Ratio | 0.0494 | |||
| Treynor Ratio | 0.591 |
Multi Units Luxembourg Backtested Returns
UST Inc appears to be very steady, given 3 months investment horizon. Multi Units Luxembourg owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the etf had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Multi Units Luxembourg , which you can use to evaluate the volatility of the etf. Please review UST Inc's market risk adjusted performance of 0.601, and Risk Adjusted Performance of 0.1374 to confirm if our risk estimates are consistent with your expectations. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, UST Inc's returns are expected to increase less than the market. However, during the bear market, the loss of holding UST Inc is expected to be smaller as well.
Auto-correlation | 0.69 |
Good predictability
Multi Units Luxembourg has good predictability. Overlapping area represents the amount of predictability between UST Inc time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 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 Multi Units Luxembourg price movement. The serial correlation of 0.69 indicates that around 69.0% of current UST Inc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.47 |
Multi Units Luxembourg lagged returns against current returns
Autocorrelation, which is UST Inc 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 UST Inc's etf expected returns. We can calculate the autocorrelation of UST Inc returns to help us make a trade decision. For example, suppose you find that UST Inc 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 |
UST Inc 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 UST Inc etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UST Inc etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UST Inc etf over time.
Current vs Lagged Prices |
| Timeline |
UST Inc Lagged Returns
When evaluating UST Inc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UST Inc etf have on its future price. UST Inc 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, UST Inc autocorrelation shows the relationship between UST Inc etf current value and its past values and can show if there is a momentum factor associated with investing in Multi Units Luxembourg .
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in UST Etf
UST Inc financial ratios help investors to determine whether UST Etf 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 UST with respect to the benefits of owning UST Inc security.