Ushio Inc Stock Market Value
| UHOIF Stock | USD 14.00 0.00 0.00% |
| Symbol | Ushio |
Ushio '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 Ushio's pink sheet 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 Ushio.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Ushio on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Ushio Inc or generate 0.0% return on investment in Ushio over 30 days. Ushio is related to or competes with Xinjiang Goldwind, American Superconductor, Cummins, Morningstar Unconstrained, Thrivent High, High Yield, and Via Renewables. Ushio Inc. produces and sells light application products, industrial equipment, and other products in Japan, rest of Asi... More
Ushio 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 Ushio's pink sheet 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 Ushio Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0039 | |||
| Maximum Drawdown | 11.12 |
Ushio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ushio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ushio's standard deviation. In reality, there are many statistical measures that can use Ushio historical prices to predict the future Ushio's volatility.| Risk Adjusted Performance | 0.0761 | |||
| Jensen Alpha | 0.1002 | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 1.76 |
Ushio Inc Backtested Returns
At this point, Ushio is very steady. Ushio Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Ushio Inc, which you can use to evaluate the volatility of the company. Please validate Ushio's Risk Adjusted Performance of 0.0761, coefficient of variation of 1004.58, and Variance of 1.37 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Ushio has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.0603, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Ushio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ushio is expected to be smaller as well. Ushio Inc right now has a risk of 1.2%. Please validate Ushio variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if Ushio will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Ushio Inc has no correlation between past and present. Overlapping area represents the amount of predictability between Ushio time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Ushio Inc price movement. The serial correlation of 0.0 indicates that just 0.0% of current Ushio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ushio Inc lagged returns against current returns
Autocorrelation, which is Ushio pink sheet'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 Ushio's pink sheet expected returns. We can calculate the autocorrelation of Ushio returns to help us make a trade decision. For example, suppose you find that Ushio has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Ushio 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 Ushio pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ushio pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ushio pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ushio Lagged Returns
When evaluating Ushio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ushio pink sheet have on its future price. Ushio 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, Ushio autocorrelation shows the relationship between Ushio pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ushio Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ushio Pink Sheet
Ushio financial ratios help investors to determine whether Ushio Pink Sheet 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 Ushio with respect to the benefits of owning Ushio security.