Ubs Emerging Markets Fund Market Value
| EMPTX Fund | USD 7.87 0.04 0.51% |
| Symbol | Ubs |
Ubs Emerging '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 Ubs Emerging's mutual fund 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 Ubs Emerging.
| 11/17/2024 |
| 12/17/2024 |
If you would invest 0.00 in Ubs Emerging on November 17, 2024 and sell it all today you would earn a total of 0.00 from holding Ubs Emerging Markets or generate 0.0% return on investment in Ubs Emerging over 30 days. Ubs Emerging is related to or competes with Pace Smallmedium, Pace International, Pace International, Ubs Allocation, Ubs Allocation, Pace Mortgage, and Pace Mortgage. Under normal circumstances, the fund invests at least 80 percent of its net assets in equity securities that are tied ec... More
Ubs Emerging 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 Ubs Emerging's mutual fund 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 Ubs Emerging Markets upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.07 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 7.28 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.91 |
Ubs Emerging Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ubs Emerging's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ubs Emerging's standard deviation. In reality, there are many statistical measures that can use Ubs Emerging historical prices to predict the future Ubs Emerging's volatility.| Risk Adjusted Performance | 0.0343 | |||
| Jensen Alpha | 0.0356 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 2.13 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ubs Emerging's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ubs Emerging Markets Backtested Returns
At this stage we consider Ubs Mutual Fund to be not too volatile. Ubs Emerging Markets owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0364, which indicates the fund had a 0.0364% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ubs Emerging Markets, which you can use to evaluate the volatility of the fund. Please validate Ubs Emerging's Semi Deviation of 0.9651, risk adjusted performance of 0.0343, and Coefficient Of Variation of 2340.61 to confirm if the risk estimate we provide is consistent with the expected return of 0.0408%. The entity has a beta of 0.0173, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Ubs Emerging's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ubs Emerging is expected to be smaller as well.
Auto-correlation | -0.59 |
Good reverse predictability
Ubs Emerging Markets has good reverse predictability. Overlapping area represents the amount of predictability between Ubs Emerging time series from 17th of November 2024 to 2nd of December 2024 and 2nd of December 2024 to 17th 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 Ubs Emerging Markets price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Ubs Emerging price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ubs Emerging Markets lagged returns against current returns
Autocorrelation, which is Ubs Emerging mutual fund'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 Ubs Emerging's mutual fund expected returns. We can calculate the autocorrelation of Ubs Emerging returns to help us make a trade decision. For example, suppose you find that Ubs Emerging has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Ubs Emerging 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 Ubs Emerging mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ubs Emerging mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ubs Emerging mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ubs Emerging Lagged Returns
When evaluating Ubs Emerging's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ubs Emerging mutual fund have on its future price. Ubs Emerging 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, Ubs Emerging autocorrelation shows the relationship between Ubs Emerging mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ubs Emerging Markets.
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 Ubs Mutual Fund
Ubs Emerging financial ratios help investors to determine whether Ubs Mutual Fund 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 Ubs with respect to the benefits of owning Ubs Emerging security.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing |