UBS Vitainvest (Switzerland) Market Value
| 0P0000NRCC | 158.21 0.00 0.00% |
| Symbol | UBS |
UBS Vitainvest '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 Vitainvest's 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 Vitainvest.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in UBS Vitainvest on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding UBS Vitainvest or generate 0.0% return on investment in UBS Vitainvest over 30 days.
UBS Vitainvest 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 Vitainvest's 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 Vitainvest upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 1.73 | |||
| Value At Risk | (0.61) | |||
| Potential Upside | 0.6745 |
UBS Vitainvest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBS Vitainvest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UBS Vitainvest's standard deviation. In reality, there are many statistical measures that can use UBS Vitainvest historical prices to predict the future UBS Vitainvest's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 0.3002 |
UBS Vitainvest Backtested Returns
UBS Vitainvest owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.012, which indicates the fund had a -0.012% return per unit of standard deviation over the last 3 months. UBS Vitainvest exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UBS Vitainvest's Standard Deviation of 0.3833, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of 0.3102 to confirm the risk estimate we provide. The entity has a beta of -0.0486, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning UBS Vitainvest are expected to decrease at a much lower rate. During the bear market, UBS Vitainvest is likely to outperform the market.
Auto-correlation | 0.27 |
Poor predictability
UBS Vitainvest has poor predictability. Overlapping area represents the amount of predictability between UBS Vitainvest time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th of January 2025. 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 Vitainvest price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current UBS Vitainvest price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
UBS Vitainvest lagged returns against current returns
Autocorrelation, which is UBS Vitainvest 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 Vitainvest's fund expected returns. We can calculate the autocorrelation of UBS Vitainvest returns to help us make a trade decision. For example, suppose you find that UBS Vitainvest has exhibited high autocorrelation historically, and you observe that the 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 Vitainvest 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 Vitainvest fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UBS Vitainvest fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UBS Vitainvest fund over time.
Current vs Lagged Prices |
| Timeline |
UBS Vitainvest Lagged Returns
When evaluating UBS Vitainvest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UBS Vitainvest fund have on its future price. UBS Vitainvest 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 Vitainvest autocorrelation shows the relationship between UBS Vitainvest fund current value and its past values and can show if there is a momentum factor associated with investing in UBS Vitainvest .
Regressed Prices |
| Timeline |
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