UMWELTBANK (Germany) Market Value
| UBK Stock | EUR 6.16 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.
| 10/27/2024 |
| 12/26/2024 |
If you would invest 0.00 in UMWELTBANK on October 27, 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 60 days. UMWELTBANK is related to or competes with Hanison Construction, ARDAGH METAL, HYDROFARM HLD, Scandinavian Tobacco, Hitachi Construction, Kaiser Aluminum, and GREENX METALS. 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 | 1.41 | |||
| Information Ratio | 0.1399 | |||
| Maximum Drawdown | 10.35 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 4.05 |
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 | 0.1382 | |||
| Jensen Alpha | 0.2768 | |||
| Total Risk Alpha | 0.1988 | |||
| Sortino Ratio | 0.1683 | |||
| Treynor Ratio | (2.26) |
UMWELTBANK Backtested Returns
UMWELTBANK appears to be somewhat reliable, given 3 months investment horizon. UMWELTBANK owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for UMWELTBANK, which you can use to evaluate the volatility of the company. Please review UMWELTBANK's Semi Deviation of 0.6254, risk adjusted performance of 0.1382, and Coefficient Of Variation of 601.6 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, UMWELTBANK holds a performance score of 16. The entity has a beta of -0.12, 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 value at risk, expected short fall, day median price, as well as the relationship between the downside variance and kurtosis , to make a quick decision on whether UMWELTBANK's existing price patterns will revert.
Auto-correlation | -0.84 |
Excellent reverse predictability
UMWELTBANK has excellent reverse predictability. Overlapping area represents the amount of predictability between UMWELTBANK time series from 27th of October 2024 to 26th of November 2024 and 26th of November 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 -0.84 indicates that around 84.0% of current UMWELTBANK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
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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 |
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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 |
Thematic Opportunities
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Additional Tools for UMWELTBANK Stock Analysis
When running UMWELTBANK's price analysis, check to measure UMWELTBANK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UMWELTBANK is operating at the current time. Most of UMWELTBANK's value examination focuses on studying past and present price action to predict the probability of UMWELTBANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UMWELTBANK's price. Additionally, you may evaluate how the addition of UMWELTBANK to your portfolios can decrease your overall portfolio volatility.