UBS Plc's market value is the price at which a share of UBS Plc trades on a public exchange. It measures the collective expectations of UBS plc investors about its performance. UBS Plc is selling for under 9241.00 as of the 5th of December 2024; that is 0.39 percent down since the beginning of the trading day. The etf's lowest day price was 9241.0. With this module, you can estimate the performance of a buy and hold strategy of UBS plc and determine expected loss or profit from investing in UBS Plc over a given investment horizon. Check out UBS Plc Correlation, UBS Plc Volatility and UBS Plc Alpha and Beta module to complement your research on UBS Plc.
Please note, there is a significant difference between UBS Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBS Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBS Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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.
0.00
11/05/2024
No Change 0.00
0.0
In 31 days
12/05/2024
0.00
If you would invest 0.00 in UBS Plc on November 5, 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 30 days. UBS Plc is related to or competes with UBS ETF, UBS ETF, UBS ETF, UBS Fund, UBS Barclays, UBS MSCI, and UBS Fund. 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.
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.
Currently, UBS plc is out of control. 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 thirty technical indicators for UBS plc , which you can use to evaluate the volatility of the entity. Please validate UBS Plc's Risk Adjusted Performance of 0.134, market risk adjusted performance of 0.844, and Downside Deviation of 0.492 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. The entity has a beta of 0.15, 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
0.60
Good predictability
UBS plc has good predictability. Overlapping area represents the amount of predictability between UBS Plc time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 0.6 indicates that roughly 60.0% of current UBS Plc price fluctuation can be explain by its past prices.
Correlation Coefficient
0.6
Spearman Rank Test
0.14
Residual Average
0.0
Price Variance
10.6 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.
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.