ULTRA CLEAN (Germany) Market Value
| UCE Stock | EUR 23.20 0.80 3.57% |
| Symbol | ULTRA |
ULTRA CLEAN '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 ULTRA CLEAN'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 ULTRA CLEAN.
| 02/13/2025 |
| 03/15/2025 |
If you would invest 0.00 in ULTRA CLEAN on February 13, 2025 and sell it all today you would earn a total of 0.00 from holding ULTRA CLEAN HLDGS or generate 0.0% return on investment in ULTRA CLEAN over 30 days. ULTRA CLEAN is related to or competes with Warner Music, Air New, LAir Liquide, Wizz Air, GEAR4MUSIC, and QLEANAIR. More
ULTRA CLEAN 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 ULTRA CLEAN'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 ULTRA CLEAN HLDGS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 22.17 | |||
| Value At Risk | (7.76) | |||
| Potential Upside | 3.91 |
ULTRA CLEAN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ULTRA CLEAN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ULTRA CLEAN's standard deviation. In reality, there are many statistical measures that can use ULTRA CLEAN historical prices to predict the future ULTRA CLEAN's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.83) |
ULTRA CLEAN HLDGS Backtested Returns
ULTRA CLEAN HLDGS owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had a -0.15 % return per unit of standard deviation over the last 3 months. ULTRA CLEAN HLDGS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate ULTRA CLEAN's risk adjusted performance of (0.12), and Variance of 15.55 to confirm the risk estimate we provide. The entity has a beta of 0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, ULTRA CLEAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding ULTRA CLEAN is expected to be smaller as well. At this point, ULTRA CLEAN HLDGS has a negative expected return of -0.62%. Please make sure to validate ULTRA CLEAN's potential upside, kurtosis, daily balance of power, as well as the relationship between the skewness and accumulation distribution , to decide if ULTRA CLEAN HLDGS performance from the past will be repeated at some future point.
Auto-correlation | -0.32 |
Poor reverse predictability
ULTRA CLEAN HLDGS has poor reverse predictability. Overlapping area represents the amount of predictability between ULTRA CLEAN time series from 13th of February 2025 to 28th of February 2025 and 28th of February 2025 to 15th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ULTRA CLEAN HLDGS price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current ULTRA CLEAN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.54 |
ULTRA CLEAN HLDGS lagged returns against current returns
Autocorrelation, which is ULTRA CLEAN 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 ULTRA CLEAN's stock expected returns. We can calculate the autocorrelation of ULTRA CLEAN returns to help us make a trade decision. For example, suppose you find that ULTRA CLEAN 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 |
ULTRA CLEAN 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 ULTRA CLEAN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ULTRA CLEAN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ULTRA CLEAN stock over time.
Current vs Lagged Prices |
| Timeline |
ULTRA CLEAN Lagged Returns
When evaluating ULTRA CLEAN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ULTRA CLEAN stock have on its future price. ULTRA CLEAN 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, ULTRA CLEAN autocorrelation shows the relationship between ULTRA CLEAN stock current value and its past values and can show if there is a momentum factor associated with investing in ULTRA CLEAN HLDGS.
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 ULTRA Stock
ULTRA CLEAN financial ratios help investors to determine whether ULTRA 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 ULTRA with respect to the benefits of owning ULTRA CLEAN security.