Yellow Cake (UK) Market Value
| YCA Stock | 548.50 10.00 1.86% |
| Symbol | Yellow |
Yellow Cake '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 Yellow Cake'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 Yellow Cake.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Yellow Cake on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Yellow Cake PLC or generate 0.0% return on investment in Yellow Cake over 30 days. Yellow Cake is related to or competes with Spotify Technology, Allianz Technology, Cognizant Technology, International Biotechnology, Alfa Financial, Bytes Technology, and Gaztransport. Yellow Cake is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Yellow Cake 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 Yellow Cake'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 Yellow Cake PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.82 | |||
| Information Ratio | 0.0225 | |||
| Maximum Drawdown | 10.57 | |||
| Value At Risk | (2.54) | |||
| Potential Upside | 4.15 |
Yellow Cake Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Yellow Cake's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Yellow Cake's standard deviation. In reality, there are many statistical measures that can use Yellow Cake historical prices to predict the future Yellow Cake's volatility.| Risk Adjusted Performance | 0.0663 | |||
| Jensen Alpha | 0.1659 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.025 | |||
| Treynor Ratio | (0.89) |
Yellow Cake PLC Backtested Returns
At this point, Yellow Cake is very steady. Yellow Cake PLC shows Sharpe Ratio of 0.0851, which attests that the company had a 0.0851% return per unit of risk over the last 3 months. We have found thirty technical indicators for Yellow Cake PLC, which you can use to evaluate the volatility of the company. Please check out Yellow Cake's Downside Deviation of 1.82, market risk adjusted performance of (0.88), and Mean Deviation of 1.57 to validate if the risk estimate we provide is consistent with the expected return of 0.17%. Yellow Cake has a performance score of 6 on a scale of 0 to 100. The firm maintains a market beta of -0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Yellow Cake are expected to decrease at a much lower rate. During the bear market, Yellow Cake is likely to outperform the market. Yellow Cake PLC right now maintains a risk of 2.03%. Please check out Yellow Cake PLC potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if Yellow Cake PLC will be following its historical returns.
Auto-correlation | -0.48 |
Modest reverse predictability
Yellow Cake PLC has modest reverse predictability. Overlapping area represents the amount of predictability between Yellow Cake time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Yellow Cake PLC price movement. The serial correlation of -0.48 indicates that about 48.0% of current Yellow Cake price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 151.05 |
Yellow Cake PLC lagged returns against current returns
Autocorrelation, which is Yellow Cake 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 Yellow Cake's stock expected returns. We can calculate the autocorrelation of Yellow Cake returns to help us make a trade decision. For example, suppose you find that Yellow Cake 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 |
Yellow Cake 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 Yellow Cake stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Yellow Cake stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Yellow Cake stock over time.
Current vs Lagged Prices |
| Timeline |
Yellow Cake Lagged Returns
When evaluating Yellow Cake's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Yellow Cake stock have on its future price. Yellow Cake 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, Yellow Cake autocorrelation shows the relationship between Yellow Cake stock current value and its past values and can show if there is a momentum factor associated with investing in Yellow Cake PLC.
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 Yellow Stock
Yellow Cake financial ratios help investors to determine whether Yellow Stock 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 Yellow with respect to the benefits of owning Yellow Cake security.