UMWELTBANK (Germany) Market Value
| UBK Stock | EUR 6.04 0.00 0.00% |
| Symbol | UMWELTBANK |
UMWELTBANK '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 UMWELTBANK'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 UMWELTBANK.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in UMWELTBANK on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding UMWELTBANK or generate 0.0% return on investment in UMWELTBANK over 30 days. UMWELTBANK is related to or competes with Uber Technologies, Transport International, Pembina Pipeline, SCANSOURCE, TRAINLINE PLC, and NetSol Technologies. More
UMWELTBANK 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 UMWELTBANK'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 UMWELTBANK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.1233 | |||
| Maximum Drawdown | 10.22 | |||
| Value At Risk | (3.42) | |||
| Potential Upside | 3.7 |
UMWELTBANK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UMWELTBANK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UMWELTBANK's standard deviation. In reality, there are many statistical measures that can use UMWELTBANK historical prices to predict the future UMWELTBANK's volatility.| Risk Adjusted Performance | 0.1218 | |||
| Jensen Alpha | 0.2922 | |||
| Total Risk Alpha | 0.2014 | |||
| Sortino Ratio | 0.1197 | |||
| Treynor Ratio | (108.17) |
UMWELTBANK Backtested Returns
UMWELTBANK appears to be slightly risky, given 3 months investment horizon. UMWELTBANK 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. We have found twenty-five technical indicators for UMWELTBANK, which you can use to evaluate the volatility of the company. Please review UMWELTBANK's Risk Adjusted Performance of 0.1218, semi deviation of 1.55, and Coefficient Of Variation of 691.19 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, UMWELTBANK holds a performance score of 12. The entity has a beta of -0.0027, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning UMWELTBANK are expected to decrease at a much lower rate. During the bear market, UMWELTBANK is likely to outperform the market. Please check UMWELTBANK's potential upside, semi variance, and the relationship between the value at risk and downside variance , to make a quick decision on whether UMWELTBANK's existing price patterns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
UMWELTBANK has insignificant reverse predictability. Overlapping area represents the amount of predictability between UMWELTBANK time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 UMWELTBANK price movement. The serial correlation of -0.15 indicates that less than 15.0% of current UMWELTBANK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
UMWELTBANK lagged returns against current returns
Autocorrelation, which is UMWELTBANK 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 UMWELTBANK's stock expected returns. We can calculate the autocorrelation of UMWELTBANK returns to help us make a trade decision. For example, suppose you find that UMWELTBANK 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 |
UMWELTBANK 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 UMWELTBANK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UMWELTBANK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UMWELTBANK stock over time.
Current vs Lagged Prices |
| Timeline |
UMWELTBANK Lagged Returns
When evaluating UMWELTBANK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UMWELTBANK stock have on its future price. UMWELTBANK 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, UMWELTBANK autocorrelation shows the relationship between UMWELTBANK stock current value and its past values and can show if there is a momentum factor associated with investing in UMWELTBANK.
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 UMWELTBANK Stock
UMWELTBANK financial ratios help investors to determine whether UMWELTBANK 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 UMWELTBANK with respect to the benefits of owning UMWELTBANK security.