UBS Money (Germany) Market Value
| UG72 Fund | EUR 1,949 3.44 0.18% |
| Symbol | UBS |
Please note, there is a significant difference between UBS Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if UBS Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBS Money'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 Money '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 Money's fund 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 Money.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in UBS Money on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding UBS Money Market or generate 0.0% return on investment in UBS Money over 30 days. UBS Money is related to or competes with Groupama Entreprises, Renaissance Europe, Superior Plus, Origin Agritech, Identiv, INTUITIVE SURGICAL, and Intel. More
UBS Money 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 Money's fund 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 Money Market upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2741 | |||
| Information Ratio | 0.2194 | |||
| Maximum Drawdown | 1.81 | |||
| Value At Risk | (0.41) | |||
| Potential Upside | 0.6282 |
UBS Money Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBS Money's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UBS Money's standard deviation. In reality, there are many statistical measures that can use UBS Money historical prices to predict the future UBS Money's volatility.| Risk Adjusted Performance | 0.2303 | |||
| Jensen Alpha | 0.1012 | |||
| Total Risk Alpha | 0.0945 | |||
| Sortino Ratio | 0.3025 | |||
| Treynor Ratio | 0.5951 |
UBS Money Market Backtested Returns
At this point, UBS Money is very steady. UBS Money Market owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.36, which indicates the fund had a 0.36% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for UBS Money Market, which you can use to evaluate the volatility of the entity. Please validate UBS Money's Market Risk Adjusted Performance of 0.6051, coefficient of variation of 328.39, and Risk Adjusted Performance of 0.2303 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UBS Money's returns are expected to increase less than the market. However, during the bear market, the loss of holding UBS Money is expected to be smaller as well.
Auto-correlation | -0.09 |
Very weak reverse predictability
UBS Money Market has very weak reverse predictability. Overlapping area represents the amount of predictability between UBS Money time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Money Market price movement. The serial correlation of -0.09 indicates that less than 9.0% of current UBS Money price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 135.9 |
UBS Money Market lagged returns against current returns
Autocorrelation, which is UBS Money fund'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 Money's fund expected returns. We can calculate the autocorrelation of UBS Money returns to help us make a trade decision. For example, suppose you find that UBS Money has exhibited high autocorrelation historically, and you observe that the fund 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 Money 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 Money fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UBS Money fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UBS Money fund over time.
Current vs Lagged Prices |
| Timeline |
UBS Money Lagged Returns
When evaluating UBS Money's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UBS Money fund have on its future price. UBS Money 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 Money autocorrelation shows the relationship between UBS Money fund current value and its past values and can show if there is a momentum factor associated with investing in UBS Money Market.
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 Fund
UBS Money financial ratios help investors to determine whether UBS Fund 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 Money security.
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