Uwc Bhd (Malaysia) Market Value
| 5292 Stock | 2.74 0.04 1.44% |
| Symbol | Uwc |
Uwc Bhd '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 Uwc Bhd'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 Uwc Bhd.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in Uwc Bhd on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding Uwc Bhd or generate 0.0% return on investment in Uwc Bhd over 120 days. Uwc Bhd is related to or competes with Kawan Food, Berjaya Food, Sunway Construction, K One, Binasat Communications, JF Technology, and ES Ceramics. More
Uwc Bhd 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 Uwc Bhd'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 Uwc Bhd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.3 | |||
| Information Ratio | 0.0264 | |||
| Maximum Drawdown | 16.05 | |||
| Value At Risk | (4.59) | |||
| Potential Upside | 7.5 |
Uwc Bhd Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Uwc Bhd's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Uwc Bhd's standard deviation. In reality, there are many statistical measures that can use Uwc Bhd historical prices to predict the future Uwc Bhd's volatility.| Risk Adjusted Performance | 0.0501 | |||
| Jensen Alpha | 0.0991 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0242 | |||
| Treynor Ratio | 0.1977 |
Uwc Bhd Backtested Returns
Uwc Bhd appears to be very risky, given 3 months investment horizon. Uwc Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. By inspecting Uwc Bhd's technical indicators, you can evaluate if the expected return of 0.67% is justified by implied risk. Please review Uwc Bhd's Coefficient Of Variation of 1815.89, risk adjusted performance of 0.0501, and Semi Deviation of 3.87 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Uwc Bhd holds a performance score of 16. The entity has a beta of 1.05, which indicates a somewhat significant risk relative to the market. Uwc Bhd returns are very sensitive to returns on the market. As the market goes up or down, Uwc Bhd is expected to follow. Please check Uwc Bhd's downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether Uwc Bhd's existing price patterns will revert.
Auto-correlation | -0.94 |
Near perfect reversele predictability
Uwc Bhd has near perfect reversele predictability. Overlapping area represents the amount of predictability between Uwc Bhd time series from 6th of August 2024 to 5th of October 2024 and 5th of October 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 Uwc Bhd price movement. The serial correlation of -0.94 indicates that approximately 94.0% of current Uwc Bhd price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.94 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Uwc Bhd lagged returns against current returns
Autocorrelation, which is Uwc Bhd 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 Uwc Bhd's stock expected returns. We can calculate the autocorrelation of Uwc Bhd returns to help us make a trade decision. For example, suppose you find that Uwc Bhd 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 |
Uwc Bhd 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 Uwc Bhd stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Uwc Bhd stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Uwc Bhd stock over time.
Current vs Lagged Prices |
| Timeline |
Uwc Bhd Lagged Returns
When evaluating Uwc Bhd's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Uwc Bhd stock have on its future price. Uwc Bhd 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, Uwc Bhd autocorrelation shows the relationship between Uwc Bhd stock current value and its past values and can show if there is a momentum factor associated with investing in Uwc Bhd.
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 Uwc Stock
Uwc Bhd financial ratios help investors to determine whether Uwc 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 Uwc with respect to the benefits of owning Uwc Bhd security.