UBT Market Value
| UBT Crypto | USD 0.04 0.01 11.76% |
| Symbol | UBT |
UBT '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 UBT's crypto coin 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 UBT.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in UBT on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding UBT or generate 0.0% return on investment in UBT over 720 days. UBT is related to or competes with XRP, Solana, Staked Ether, Toncoin, Worldcoin, Sui, and Stellar. UBT is peer-to-peer digital currency powered by the Blockchain technology.
UBT 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 UBT's crypto coin 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 UBT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.62 | |||
| Information Ratio | 0.081 | |||
| Maximum Drawdown | 56.46 | |||
| Value At Risk | (19.09) | |||
| Potential Upside | 24.69 |
UBT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UBT's standard deviation. In reality, there are many statistical measures that can use UBT historical prices to predict the future UBT's volatility.| Risk Adjusted Performance | 0.079 | |||
| Jensen Alpha | 0.9296 | |||
| Total Risk Alpha | (1.06) | |||
| Sortino Ratio | 0.0822 | |||
| Treynor Ratio | 0.501 |
UBT Backtested Returns
UBT is abnormally risky given 3 months investment horizon. UBT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0808, which indicates digital coin had a 0.0808% return per unit of standard deviation over the last 3 months. We were able to interpolate and analyze data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use UBT Market Risk Adjusted Performance of 0.511, risk adjusted performance of 0.079, and Downside Deviation of 13.62 to evaluate coin specific risk that cannot be diversified away. The entity has a beta of 2.49, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, UBT will likely underperform.
Auto-correlation | -0.15 |
Insignificant reverse predictability
UBT has insignificant reverse predictability. Overlapping area represents the amount of predictability between UBT time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 UBT price movement. The serial correlation of -0.15 indicates that less than 15.0% of current UBT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
UBT lagged returns against current returns
Autocorrelation, which is UBT crypto coin'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 UBT's crypto coin expected returns. We can calculate the autocorrelation of UBT returns to help us make a trade decision. For example, suppose you find that UBT has exhibited high autocorrelation historically, and you observe that the crypto coin 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 |
UBT 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 UBT crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UBT crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UBT crypto coin over time.
Current vs Lagged Prices |
| Timeline |
UBT Lagged Returns
When evaluating UBT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UBT crypto coin have on its future price. UBT 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, UBT autocorrelation shows the relationship between UBT crypto coin current value and its past values and can show if there is a momentum factor associated with investing in UBT.
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.When determining whether UBT offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UBT's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ubt Crypto.Check out UBT Correlation, UBT Volatility and Investing Opportunities module to complement your research on UBT. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
UBT technical crypto coin analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, crypto market cycles, or different charting patterns.