UNIVERSAL MUSIC (Germany) Market Value
| 0VD Stock | 27.91 2.27 8.85% |
| Symbol | UNIVERSAL |
UNIVERSAL MUSIC '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 UNIVERSAL MUSIC'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 UNIVERSAL MUSIC.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in UNIVERSAL MUSIC on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding UNIVERSAL MUSIC GROUP or generate 0.0% return on investment in UNIVERSAL MUSIC over 90 days. UNIVERSAL MUSIC is related to or competes with STMicroelectronics, AGNC INVESTMENT, ALLFUNDS GROUP, Richardson Electronics, SLR Investment, Guangdong Investment, and Tamburi Investment. More
UNIVERSAL MUSIC 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 UNIVERSAL MUSIC'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 UNIVERSAL MUSIC GROUP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.2479 | |||
| Maximum Drawdown | 8.63 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 3.13 |
UNIVERSAL MUSIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UNIVERSAL MUSIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UNIVERSAL MUSIC's standard deviation. In reality, there are many statistical measures that can use UNIVERSAL MUSIC historical prices to predict the future UNIVERSAL MUSIC's volatility.| Risk Adjusted Performance | 0.1665 | |||
| Jensen Alpha | 0.3347 | |||
| Total Risk Alpha | 0.4879 | |||
| Sortino Ratio | 0.2607 | |||
| Treynor Ratio | 0.6642 |
UNIVERSAL MUSIC GROUP Backtested Returns
UNIVERSAL MUSIC appears to be very steady, given 3 months investment horizon. UNIVERSAL MUSIC GROUP owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for UNIVERSAL MUSIC GROUP, which you can use to evaluate the volatility of the company. Please review UNIVERSAL MUSIC's risk adjusted performance of 0.1665, and Coefficient Of Variation of 537.73 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, UNIVERSAL MUSIC holds a performance score of 12. The entity has a beta of 0.43, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, UNIVERSAL MUSIC's returns are expected to increase less than the market. However, during the bear market, the loss of holding UNIVERSAL MUSIC is expected to be smaller as well. Please check UNIVERSAL MUSIC's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to make a quick decision on whether UNIVERSAL MUSIC's existing price patterns will revert.
Auto-correlation | -0.39 |
Poor reverse predictability
UNIVERSAL MUSIC GROUP has poor reverse predictability. Overlapping area represents the amount of predictability between UNIVERSAL MUSIC 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 UNIVERSAL MUSIC GROUP price movement. The serial correlation of -0.39 indicates that just about 39.0% of current UNIVERSAL MUSIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.63 |
UNIVERSAL MUSIC GROUP lagged returns against current returns
Autocorrelation, which is UNIVERSAL MUSIC 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 UNIVERSAL MUSIC's stock expected returns. We can calculate the autocorrelation of UNIVERSAL MUSIC returns to help us make a trade decision. For example, suppose you find that UNIVERSAL MUSIC 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 |
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UNIVERSAL MUSIC 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 UNIVERSAL MUSIC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UNIVERSAL MUSIC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UNIVERSAL MUSIC stock over time.
Current vs Lagged Prices |
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UNIVERSAL MUSIC Lagged Returns
When evaluating UNIVERSAL MUSIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UNIVERSAL MUSIC stock have on its future price. UNIVERSAL MUSIC 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, UNIVERSAL MUSIC autocorrelation shows the relationship between UNIVERSAL MUSIC stock current value and its past values and can show if there is a momentum factor associated with investing in UNIVERSAL MUSIC GROUP.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in UNIVERSAL Stock
UNIVERSAL MUSIC financial ratios help investors to determine whether UNIVERSAL 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 UNIVERSAL with respect to the benefits of owning UNIVERSAL MUSIC security.