EXCELSIOR UNITED (Mauritius) Market Value
| EUDC Stock | 15.75 0.25 1.56% |
| Symbol | EXCELSIOR |
EXCELSIOR UNITED '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 EXCELSIOR UNITED'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 EXCELSIOR UNITED.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in EXCELSIOR UNITED on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding EXCELSIOR UNITED DEVELOPMENT or generate 0.0% return on investment in EXCELSIOR UNITED over 30 days.
EXCELSIOR UNITED 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 EXCELSIOR UNITED'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 EXCELSIOR UNITED DEVELOPMENT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 2.8 | |||
| Value At Risk | (1.22) |
EXCELSIOR UNITED Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EXCELSIOR UNITED's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EXCELSIOR UNITED's standard deviation. In reality, there are many statistical measures that can use EXCELSIOR UNITED historical prices to predict the future EXCELSIOR UNITED's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (2.26) |
EXCELSIOR UNITED DEV Backtested Returns
EXCELSIOR UNITED DEV retains Efficiency (Sharpe Ratio) of -0.0677, which denotes the company had a -0.0677% return per unit of risk over the last 3 months. EXCELSIOR UNITED exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EXCELSIOR UNITED's Standard Deviation of 0.3795, market risk adjusted performance of (2.25), and Variance of 0.144 to check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.023, which means not very significant fluctuations relative to the market. As returns on the market increase, EXCELSIOR UNITED's returns are expected to increase less than the market. However, during the bear market, the loss of holding EXCELSIOR UNITED is expected to be smaller as well. At this point, EXCELSIOR UNITED DEV has a negative expected return of -0.024%. Please make sure to confirm EXCELSIOR UNITED's mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if EXCELSIOR UNITED DEV performance from the past will be repeated in the future.
Auto-correlation | 0.00 |
No correlation between past and present
EXCELSIOR UNITED DEVELOPMENT has no correlation between past and present. Overlapping area represents the amount of predictability between EXCELSIOR UNITED time series from 4th of November 2024 to 19th of November 2024 and 19th of November 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 EXCELSIOR UNITED DEV price movement. The serial correlation of 0.0 indicates that just 0.0% of current EXCELSIOR UNITED price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
EXCELSIOR UNITED DEV lagged returns against current returns
Autocorrelation, which is EXCELSIOR UNITED 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 EXCELSIOR UNITED's stock expected returns. We can calculate the autocorrelation of EXCELSIOR UNITED returns to help us make a trade decision. For example, suppose you find that EXCELSIOR UNITED 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 |
EXCELSIOR UNITED 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 EXCELSIOR UNITED stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EXCELSIOR UNITED stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EXCELSIOR UNITED stock over time.
Current vs Lagged Prices |
| Timeline |
EXCELSIOR UNITED Lagged Returns
When evaluating EXCELSIOR UNITED's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EXCELSIOR UNITED stock have on its future price. EXCELSIOR UNITED 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, EXCELSIOR UNITED autocorrelation shows the relationship between EXCELSIOR UNITED stock current value and its past values and can show if there is a momentum factor associated with investing in EXCELSIOR UNITED DEVELOPMENT.
Regressed Prices |
| Timeline |
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