UBS Plc (UK) Market Value
UC07 Etf | 9,277 74.00 0.79% |
Symbol | UBS |
UBS Plc '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 UBS Plc's etf 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 UBS Plc.
06/07/2024 |
| 12/04/2024 |
If you would invest 0.00 in UBS Plc on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding UBS plc or generate 0.0% return on investment in UBS Plc over 180 days. UBS Plc is related to or competes with Leverage Shares, WisdomTree Natural, Leverage Shares, GraniteShares, WisdomTree Natural, Leverage Shares, and WisdomTree Short. UBS Plc is entity of United Kingdom. It is traded as Etf on LSE exchange. More
UBS Plc 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 UBS Plc's etf 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 UBS plc upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.4868 | |||
Information Ratio | 0.0292 | |||
Maximum Drawdown | 3.96 | |||
Value At Risk | (0.69) | |||
Potential Upside | 1.12 |
UBS Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBS Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UBS Plc's standard deviation. In reality, there are many statistical measures that can use UBS Plc historical prices to predict the future UBS Plc's volatility.Risk Adjusted Performance | 0.14 | |||
Jensen Alpha | 0.1053 | |||
Total Risk Alpha | 0.0256 | |||
Sortino Ratio | 0.0438 | |||
Treynor Ratio | 0.6642 |
UBS plc Backtested Returns
Currently, UBS plc is very steady. UBS plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the etf had a 0.23% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for UBS plc , which you can use to evaluate the volatility of the entity. Please validate UBS Plc's Market Risk Adjusted Performance of 0.6742, risk adjusted performance of 0.14, and Downside Deviation of 0.4868 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UBS Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding UBS Plc is expected to be smaller as well.
Auto-correlation | 0.77 |
Good predictability
UBS plc has good predictability. Overlapping area represents the amount of predictability between UBS Plc time series from 7th of June 2024 to 5th of September 2024 and 5th of September 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 UBS plc price movement. The serial correlation of 0.77 indicates that around 77.0% of current UBS Plc price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.77 | |
Spearman Rank Test | 0.72 | |
Residual Average | 0.0 | |
Price Variance | 103.2 K |
UBS plc lagged returns against current returns
Autocorrelation, which is UBS Plc etf'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 UBS Plc's etf expected returns. We can calculate the autocorrelation of UBS Plc returns to help us make a trade decision. For example, suppose you find that UBS Plc has exhibited high autocorrelation historically, and you observe that the etf 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 |
UBS Plc 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 UBS Plc etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UBS Plc etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UBS Plc etf over time.
Current vs Lagged Prices |
Timeline |
UBS Plc Lagged Returns
When evaluating UBS Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UBS Plc etf have on its future price. UBS Plc 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, UBS Plc autocorrelation shows the relationship between UBS Plc etf current value and its past values and can show if there is a momentum factor associated with investing in UBS plc .
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 UBS Etf
UBS Plc financial ratios help investors to determine whether UBS Etf 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 UBS with respect to the benefits of owning UBS Plc security.