United Plantations' market value is the price at which a share of United Plantations trades on a public exchange. It measures the collective expectations of United Plantations Bhd investors about its performance. United Plantations is selling for 31.34 as of the 29th of December 2024. This is a 2.42 percent increase since the beginning of the trading day. The stock's lowest day price was 30.58. With this module, you can estimate the performance of a buy and hold strategy of United Plantations Bhd and determine expected loss or profit from investing in United Plantations over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
United
United Plantations '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 Plantations' 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 Plantations.
0.00
01/09/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
12/29/2024
0.00
If you would invest 0.00 in United Plantations on January 9, 2023 and sell it all today you would earn a total of 0.00 from holding United Plantations Bhd or generate 0.0% return on investment in United Plantations over 720 days.
United Plantations 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 Plantations' 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 Plantations Bhd upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Plantations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Plantations' standard deviation. In reality, there are many statistical measures that can use United Plantations historical prices to predict the future United Plantations' volatility.
United Plantations appears to be very steady, given 3 months investment horizon. United Plantations Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for United Plantations Bhd, which you can use to evaluate the volatility of the company. Please review United Plantations' Risk Adjusted Performance of 0.1745, semi deviation of 1.23, and Coefficient Of Variation of 468.46 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, United Plantations holds a performance score of 17. The entity has a beta of -0.0936, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning United Plantations are expected to decrease at a much lower rate. During the bear market, United Plantations is likely to outperform the market. Please check United Plantations' mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether United Plantations' existing price patterns will revert.
Auto-correlation
0.86
Very good predictability
United Plantations Bhd has very good predictability. Overlapping area represents the amount of predictability between United Plantations time series from 9th of January 2023 to 4th of January 2024 and 4th of January 2024 to 29th 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 United Plantations Bhd price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current United Plantations price fluctuation can be explain by its past prices.
Correlation Coefficient
0.86
Spearman Rank Test
0.8
Residual Average
0.0
Price Variance
11.69
United Plantations Bhd lagged returns against current returns
Autocorrelation, which is United Plantations 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 Plantations' stock expected returns. We can calculate the autocorrelation of United Plantations returns to help us make a trade decision. For example, suppose you find that United Plantations 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 Plantations 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 Plantations stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Plantations stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Plantations stock over time.
Current vs Lagged Prices
Timeline
United Plantations Lagged Returns
When evaluating United Plantations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Plantations stock have on its future price. United Plantations 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 Plantations autocorrelation shows the relationship between United Plantations stock current value and its past values and can show if there is a momentum factor associated with investing in United Plantations Bhd.
Regressed Prices
Timeline
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