Uwm Holdings Corp Stock Market Value
| UWMC Stock | USD 6.56 0.15 2.34% |
| Symbol | UWM |
UWM Holdings Corp Price To Book Ratio
Is Commercial & Residential Mortgage Finance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of UWM Holdings. If investors know UWM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about UWM Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.62) | Dividend Share 0.4 | Earnings Share (0.23) | Revenue Per Share 28.467 | Quarterly Revenue Growth 0.665 |
The market value of UWM Holdings Corp is measured differently than its book value, which is the value of UWM that is recorded on the company's balance sheet. Investors also form their own opinion of UWM Holdings' value that differs from its market value or its book value, called intrinsic value, which is UWM Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because UWM Holdings' market value can be influenced by many factors that don't directly affect UWM Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between UWM Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if UWM Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UWM Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
UWM Holdings '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 UWM Holdings' 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 UWM Holdings.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in UWM Holdings on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding UWM Holdings Corp or generate 0.0% return on investment in UWM Holdings over 180 days. UWM Holdings is related to or competes with Loandepot, Mr Cooper, PennyMac Finl, Walker Dunlop, Guild Holdings, Rocket Companies, and Encore Capital. UWM Holdings Corporation engages in the residential mortgage lending business in the United States More
UWM Holdings 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 UWM Holdings' 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 UWM Holdings Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 10.2 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 2.82 |
UWM Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UWM Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UWM Holdings' standard deviation. In reality, there are many statistical measures that can use UWM Holdings historical prices to predict the future UWM Holdings' volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.60) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | (0.59) |
UWM Holdings Corp Backtested Returns
UWM Holdings Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates the firm had a -0.23% return per unit of standard deviation over the last 3 months. UWM Holdings Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UWM Holdings' variance of 5.03, and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide. The entity has a beta of 0.85, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, UWM Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding UWM Holdings is expected to be smaller as well. At this point, UWM Holdings Corp has a negative expected return of -0.52%. Please make sure to validate UWM Holdings' skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if UWM Holdings Corp performance from the past will be repeated at some future point.
Auto-correlation | -0.86 |
Excellent reverse predictability
UWM Holdings Corp has excellent reverse predictability. Overlapping area represents the amount of predictability between UWM Holdings time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th of November 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 UWM Holdings Corp price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current UWM Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 |
UWM Holdings Corp lagged returns against current returns
Autocorrelation, which is UWM Holdings 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 UWM Holdings' stock expected returns. We can calculate the autocorrelation of UWM Holdings returns to help us make a trade decision. For example, suppose you find that UWM Holdings 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 |
UWM Holdings 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 UWM Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UWM Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UWM Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
UWM Holdings Lagged Returns
When evaluating UWM Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UWM Holdings stock have on its future price. UWM Holdings 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, UWM Holdings autocorrelation shows the relationship between UWM Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in UWM Holdings Corp.
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.When determining whether UWM Holdings Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UWM Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Uwm Holdings Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Uwm Holdings Corp Stock:Check out UWM Holdings Correlation, UWM Holdings Volatility and UWM Holdings Alpha and Beta module to complement your research on UWM Holdings. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
UWM Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.