Uxin Stock Market Value
| UXIN Stock | USD 4.02 0.25 5.85% |
| Symbol | Uxin |
Uxin Price To Book Ratio
Is Automotive Retail 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 Uxin. If investors know Uxin 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 Uxin listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (33.61) | Revenue Per Share 27.997 | Quarterly Revenue Growth 0.388 | Return On Assets (0.15) | Return On Equity (0.94) |
The market value of Uxin is measured differently than its book value, which is the value of Uxin that is recorded on the company's balance sheet. Investors also form their own opinion of Uxin's value that differs from its market value or its book value, called intrinsic value, which is Uxin's 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 Uxin's market value can be influenced by many factors that don't directly affect Uxin's 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 Uxin's value and its price as these two are different measures arrived at by different means. Investors typically determine if Uxin is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Uxin's 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.
Uxin '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 Uxin'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 Uxin.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Uxin on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Uxin or generate 0.0% return on investment in Uxin over 30 days. Uxin is related to or competes with Kingsway Financial, KAR Auction, Cango, Vroom, U Power, Carvana, and CarMax. Uxin Limited, an investment holding company, engages in the retail sale of vehicles in China More
Uxin 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 Uxin'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 Uxin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.78 | |||
| Information Ratio | 0.1462 | |||
| Maximum Drawdown | 103.24 | |||
| Value At Risk | (14.18) | |||
| Potential Upside | 29.04 |
Uxin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Uxin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Uxin's standard deviation. In reality, there are many statistical measures that can use Uxin historical prices to predict the future Uxin's volatility.| Risk Adjusted Performance | 0.1281 | |||
| Jensen Alpha | 2.07 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.2898 | |||
| Treynor Ratio | 0.9732 |
Uxin Backtested Returns
Uxin is extremely dangerous given 3 months investment horizon. Uxin owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We were able to collect and analyze data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.33% are justified by taking the suggested risk. Use Uxin Semi Deviation of 6.48, risk adjusted performance of 0.1281, and Coefficient Of Variation of 644.61 to evaluate company specific risk that cannot be diversified away. Uxin holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of 2.45, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Uxin will likely underperform. Use Uxin semi variance, and the relationship between the treynor ratio and daily balance of power , to analyze future returns on Uxin.
Auto-correlation | -0.55 |
Good reverse predictability
Uxin has good reverse predictability. Overlapping area represents the amount of predictability between Uxin time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Uxin price movement. The serial correlation of -0.55 indicates that about 55.0% of current Uxin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.55 |
Uxin lagged returns against current returns
Autocorrelation, which is Uxin 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 Uxin's stock expected returns. We can calculate the autocorrelation of Uxin returns to help us make a trade decision. For example, suppose you find that Uxin 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 |
Uxin 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 Uxin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Uxin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Uxin stock over time.
Current vs Lagged Prices |
| Timeline |
Uxin Lagged Returns
When evaluating Uxin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Uxin stock have on its future price. Uxin 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, Uxin autocorrelation shows the relationship between Uxin stock current value and its past values and can show if there is a momentum factor associated with investing in Uxin.
Regressed Prices |
| Timeline |
Pair Trading with Uxin
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 Uxin 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 Uxin will appreciate offsetting losses from the drop in the long position's value.Moving together with Uxin Stock
Moving against Uxin Stock
| 0.54 | ARHS | Arhaus Inc | PairCorr |
| 0.5 | TM | Toyota Motor | PairCorr |
| 0.44 | DKS | Dicks Sporting Goods | PairCorr |
| 0.32 | ULTA | Ulta Beauty Earnings Call This Week | PairCorr |
| 0.31 | HVT | Haverty Furniture | PairCorr |
The ability to find closely correlated positions to Uxin could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Uxin 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 Uxin - 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 Uxin to buy it.
The correlation of Uxin 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 Uxin moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Uxin 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 Uxin 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.Check out Uxin Correlation, Uxin Volatility and Uxin Alpha and Beta module to complement your research on Uxin. To learn how to invest in Uxin Stock, please use our How to Invest in Uxin guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Uxin 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.