UFO Moviez (India) Market Value
| UFO Stock | 110.95 4.86 4.58% |
| Symbol | UFO |
UFO Moviez '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 UFO Moviez'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 UFO Moviez.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in UFO Moviez on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding UFO Moviez India or generate 0.0% return on investment in UFO Moviez over 30 days. UFO Moviez is related to or competes with Omkar Speciality, HDFC Asset, Clean Science, Fineotex Chemical, Sumitomo Chemical, and Sukhjit Starch. UFO Moviez is entity of India. It is traded as Stock on NSE exchange. More
UFO Moviez 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 UFO Moviez'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 UFO Moviez India upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 14.9 | |||
| Value At Risk | (3.67) | |||
| Potential Upside | 3.41 |
UFO Moviez Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UFO Moviez's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UFO Moviez's standard deviation. In reality, there are many statistical measures that can use UFO Moviez historical prices to predict the future UFO Moviez's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (0.54) |
UFO Moviez India Backtested Returns
UFO Moviez India owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0727, which indicates the firm had a -0.0727% return per unit of standard deviation over the last 3 months. UFO Moviez India exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UFO Moviez's risk adjusted performance of (0.08), and Variance of 5.81 to confirm the risk estimate we provide. The entity has a beta of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, UFO Moviez's returns are expected to increase less than the market. However, during the bear market, the loss of holding UFO Moviez is expected to be smaller as well. At this point, UFO Moviez India has a negative expected return of -0.18%. Please make sure to validate UFO Moviez's accumulation distribution, and the relationship between the potential upside and day median price , to decide if UFO Moviez India performance from the past will be repeated at future time.
Auto-correlation | -0.9 |
Excellent reverse predictability
UFO Moviez India has excellent reverse predictability. Overlapping area represents the amount of predictability between UFO Moviez time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 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 UFO Moviez India price movement. The serial correlation of -0.9 indicates that approximately 90.0% of current UFO Moviez price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.9 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 8.97 |
UFO Moviez India lagged returns against current returns
Autocorrelation, which is UFO Moviez 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 UFO Moviez's stock expected returns. We can calculate the autocorrelation of UFO Moviez returns to help us make a trade decision. For example, suppose you find that UFO Moviez 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 |
UFO Moviez 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 UFO Moviez stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UFO Moviez stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UFO Moviez stock over time.
Current vs Lagged Prices |
| Timeline |
UFO Moviez Lagged Returns
When evaluating UFO Moviez's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UFO Moviez stock have on its future price. UFO Moviez 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, UFO Moviez autocorrelation shows the relationship between UFO Moviez stock current value and its past values and can show if there is a momentum factor associated with investing in UFO Moviez India.
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 UFO Stock
UFO Moviez financial ratios help investors to determine whether UFO 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 UFO with respect to the benefits of owning UFO Moviez security.