PT UBC (Indonesia) Market Value
| LABS Stock | 108.00 4.00 3.57% |
| Symbol | LABS |
PT UBC '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 PT UBC'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 PT UBC.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in PT UBC on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding PT UBC Medical or generate 0.0% return on investment in PT UBC over 30 days.
PT UBC 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 PT UBC'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 PT UBC Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.11 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 1.6 |
PT UBC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PT UBC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PT UBC's standard deviation. In reality, there are many statistical measures that can use PT UBC historical prices to predict the future PT UBC's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 0.9821 |
PT UBC Medical Backtested Returns
PT UBC Medical retains Efficiency (Sharpe Ratio) of -0.23, which implies the firm had a -0.23 % return per unit of price deviation over the last 3 months. PT UBC exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PT UBC's market risk adjusted performance of 0.9921, and Information Ratio of (0.16) to confirm the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.28, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning PT UBC are expected to decrease at a much lower rate. During the bear market, PT UBC is likely to outperform the market. At this point, PT UBC Medical has a negative expected return of -0.36%. Please make sure to check PT UBC's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if PT UBC Medical performance from the past will be repeated at some future date.
Auto-correlation | 0.62 |
Good predictability
PT UBC Medical has good predictability. Overlapping area represents the amount of predictability between PT UBC time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of PT UBC Medical price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current PT UBC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 9.83 |
PT UBC Medical lagged returns against current returns
Autocorrelation, which is PT UBC 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 PT UBC's stock expected returns. We can calculate the autocorrelation of PT UBC returns to help us make a trade decision. For example, suppose you find that PT UBC 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 |
PT UBC 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 PT UBC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PT UBC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PT UBC stock over time.
Current vs Lagged Prices |
| Timeline |
PT UBC Lagged Returns
When evaluating PT UBC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PT UBC stock have on its future price. PT UBC 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, PT UBC autocorrelation shows the relationship between PT UBC stock current value and its past values and can show if there is a momentum factor associated with investing in PT UBC Medical.
Regressed Prices |
| Timeline |
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