United Insurance (Germany) Market Value
| 0UI Stock | EUR 10.90 0.10 0.93% |
| Symbol | United |
United Insurance '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 United Insurance'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 United Insurance.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in United Insurance on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding United Insurance Holdings or generate 0.0% return on investment in United Insurance over 90 days. United Insurance is related to or competes with NetSol Technologies, SOFI TECHNOLOGIES, BioNTech, United Internet, and AIR PRODCHEMICALS. United Insurance Holdings Corp. operates as a property and casualty insurance holding company that sources, writes, and ... More
United Insurance 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 United Insurance'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 United Insurance Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.74 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 4.0 |
United Insurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Insurance's standard deviation. In reality, there are many statistical measures that can use United Insurance historical prices to predict the future United Insurance's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | 0.0529 | |||
| Treynor Ratio | (5.16) |
United Insurance Holdings Backtested Returns
United Insurance Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0899, which indicates the firm had a -0.0899 % return per unit of risk over the last 3 months. United Insurance Holdings exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate United Insurance's Risk Adjusted Performance of (0.08), coefficient of variation of (1,013), and Variance of 5.63 to confirm the risk estimate we provide. The entity has a beta of 0.0473, which indicates not very significant fluctuations relative to the market. As returns on the market increase, United Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding United Insurance is expected to be smaller as well. At this point, United Insurance Holdings has a negative expected return of -0.2%. Please make sure to validate United Insurance's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if United Insurance Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
United Insurance Holdings has insignificant reverse predictability. Overlapping area represents the amount of predictability between United Insurance time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th of March 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 United Insurance Holdings price movement. The serial correlation of -0.17 indicates that over 17.0% of current United Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
United Insurance Holdings lagged returns against current returns
Autocorrelation, which is United Insurance 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 United Insurance's stock expected returns. We can calculate the autocorrelation of United Insurance returns to help us make a trade decision. For example, suppose you find that United Insurance 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 |
United Insurance 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 United Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Insurance stock over time.
Current vs Lagged Prices |
| Timeline |
United Insurance Lagged Returns
When evaluating United Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Insurance stock have on its future price. United Insurance 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, United Insurance autocorrelation shows the relationship between United Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in United Insurance Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in United Stock
United Insurance financial ratios help investors to determine whether United 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 United with respect to the benefits of owning United Insurance security.