Uxi Unicomp (China) Market Value
| 688531 Stock | 55.16 0.18 0.33% |
| Symbol | Uxi |
Uxi Unicomp '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 Uxi Unicomp'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 Uxi Unicomp.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Uxi Unicomp on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Uxi Unicomp Technology or generate 0.0% return on investment in Uxi Unicomp over 720 days. Uxi Unicomp is related to or competes with Chengdu Kanghua, Beijing Wantai, Suzhou Novoprotein, Aluminum Corp, COL Digital, Shaanxi Meineng, and Gansu Huangtai. Uxi Unicomp is entity of China. It is traded as Stock on SHG exchange. More
Uxi Unicomp 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 Uxi Unicomp'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 Uxi Unicomp Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.52 | |||
| Information Ratio | 0.1333 | |||
| Maximum Drawdown | 28.27 | |||
| Value At Risk | (5.15) | |||
| Potential Upside | 6.75 |
Uxi Unicomp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Uxi Unicomp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Uxi Unicomp's standard deviation. In reality, there are many statistical measures that can use Uxi Unicomp historical prices to predict the future Uxi Unicomp's volatility.| Risk Adjusted Performance | 0.1312 | |||
| Jensen Alpha | 0.7858 | |||
| Total Risk Alpha | 0.0408 | |||
| Sortino Ratio | 0.1712 | |||
| Treynor Ratio | (1.19) |
Uxi Unicomp Technology Backtested Returns
Uxi Unicomp appears to be not too volatile, given 3 months investment horizon. Uxi Unicomp Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Uxi Unicomp's technical indicators, you can evaluate if the expected return of 0.74% is justified by implied risk. Please review Uxi Unicomp's Semi Deviation of 3.0, coefficient of variation of 621.8, and Risk Adjusted Performance of 0.1312 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Uxi Unicomp holds a performance score of 12. The entity has a beta of -0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Uxi Unicomp are expected to decrease at a much lower rate. During the bear market, Uxi Unicomp is likely to outperform the market. Please check Uxi Unicomp's 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 Uxi Unicomp's existing price patterns will revert.
Auto-correlation | 0.88 |
Very good predictability
Uxi Unicomp Technology has very good predictability. Overlapping area represents the amount of predictability between Uxi Unicomp time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Uxi Unicomp Technology price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Uxi Unicomp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 350.71 |
Uxi Unicomp Technology lagged returns against current returns
Autocorrelation, which is Uxi Unicomp 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 Uxi Unicomp's stock expected returns. We can calculate the autocorrelation of Uxi Unicomp returns to help us make a trade decision. For example, suppose you find that Uxi Unicomp 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 |
Uxi Unicomp 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 Uxi Unicomp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Uxi Unicomp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Uxi Unicomp stock over time.
Current vs Lagged Prices |
| Timeline |
Uxi Unicomp Lagged Returns
When evaluating Uxi Unicomp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Uxi Unicomp stock have on its future price. Uxi Unicomp 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, Uxi Unicomp autocorrelation shows the relationship between Uxi Unicomp stock current value and its past values and can show if there is a momentum factor associated with investing in Uxi Unicomp Technology.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Uxi Stock
Uxi Unicomp financial ratios help investors to determine whether Uxi 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 Uxi with respect to the benefits of owning Uxi Unicomp security.