Ubs Multi Income Fund Market Value
| UTBTX Fund | 13.55 0.02 0.15% |
| Symbol | Ubs |
Ubs Multi '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 Ubs Multi's mutual fund 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 Ubs Multi.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Ubs Multi on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Ubs Multi Income or generate 0.0% return on investment in Ubs Multi over 720 days. Ubs Multi is related to or competes with Fidelity Advisor, Columbia Global, Hennessy Technology, Biotechnology Fund, Technology Ultrasector, Goldman Sachs, and Mfs Technology. The fund invests at least 80 percent of its net assets in bonds andor instruments that provide exposure to bond markets More
Ubs Multi 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 Ubs Multi's mutual fund 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 Ubs Multi Income upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.53) | |||
| Maximum Drawdown | 1.24 | |||
| Value At Risk | (0.52) | |||
| Potential Upside | 0.3687 |
Ubs Multi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ubs Multi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ubs Multi's standard deviation. In reality, there are many statistical measures that can use Ubs Multi historical prices to predict the future Ubs Multi's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | 0.3666 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ubs Multi's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ubs Multi Income Backtested Returns
Ubs Multi Income owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0319, which indicates the fund had a -0.0319% return per unit of risk over the last 3 months. Ubs Multi Income exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ubs Multi's Coefficient Of Variation of (2,889), risk adjusted performance of (0.04), and Variance of 0.0777 to confirm the risk estimate we provide. The entity has a beta of -0.0536, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ubs Multi are expected to decrease at a much lower rate. During the bear market, Ubs Multi is likely to outperform the market.
Auto-correlation | 0.29 |
Poor predictability
Ubs Multi Income has poor predictability. Overlapping area represents the amount of predictability between Ubs Multi time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Ubs Multi Income price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Ubs Multi price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Ubs Multi Income lagged returns against current returns
Autocorrelation, which is Ubs Multi mutual fund'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 Ubs Multi's mutual fund expected returns. We can calculate the autocorrelation of Ubs Multi returns to help us make a trade decision. For example, suppose you find that Ubs Multi has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Ubs Multi 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 Ubs Multi mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ubs Multi mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ubs Multi mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ubs Multi Lagged Returns
When evaluating Ubs Multi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ubs Multi mutual fund have on its future price. Ubs Multi 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, Ubs Multi autocorrelation shows the relationship between Ubs Multi mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ubs Multi Income.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Ubs Mutual Fund
Ubs Multi financial ratios help investors to determine whether Ubs Mutual Fund 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 Ubs with respect to the benefits of owning Ubs Multi security.
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