Unipol Gruppo (Germany) Market Value
| UIPN Stock | EUR 11.56 0.09 0.77% |
| Symbol | Unipol |
Unipol Gruppo '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 Unipol Gruppo'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 Unipol Gruppo.
| 01/01/2023 |
| 12/21/2024 |
If you would invest 0.00 in Unipol Gruppo on January 1, 2023 and sell it all today you would earn a total of 0.00 from holding Unipol Gruppo Finanziario or generate 0.0% return on investment in Unipol Gruppo over 720 days. Unipol Gruppo is related to or competes with Allianz SE, ALLIANZ SE, AXA SA, ASSGENERALI ADR, Principal Financial, Equitable Holdings, and NN Group. Unipol Gruppo S.p.A., together with its subsidiaries, provides insurance and banking services primarily in Italy More
Unipol Gruppo 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 Unipol Gruppo'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 Unipol Gruppo Finanziario upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | 0.1056 | |||
| Maximum Drawdown | 9.62 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.98 |
Unipol Gruppo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unipol Gruppo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unipol Gruppo's standard deviation. In reality, there are many statistical measures that can use Unipol Gruppo historical prices to predict the future Unipol Gruppo's volatility.| Risk Adjusted Performance | 0.1044 | |||
| Jensen Alpha | 0.1898 | |||
| Total Risk Alpha | 0.1488 | |||
| Sortino Ratio | 0.1007 | |||
| Treynor Ratio | 0.9122 |
Unipol Gruppo Finanziario Backtested Returns
At this point, Unipol Gruppo is not too volatile. Unipol Gruppo Finanziario owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Unipol Gruppo Finanziario, which you can use to evaluate the volatility of the company. Please validate Unipol Gruppo's Risk Adjusted Performance of 0.1044, semi deviation of 1.56, and Coefficient Of Variation of 797.86 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Unipol Gruppo has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Unipol Gruppo's returns are expected to increase less than the market. However, during the bear market, the loss of holding Unipol Gruppo is expected to be smaller as well. Unipol Gruppo Finanziario right now has a risk of 1.63%. Please validate Unipol Gruppo total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Unipol Gruppo will be following its existing price patterns.
Auto-correlation | 0.87 |
Very good predictability
Unipol Gruppo Finanziario has very good predictability. Overlapping area represents the amount of predictability between Unipol Gruppo time series from 1st of January 2023 to 27th of December 2023 and 27th of December 2023 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 Unipol Gruppo Finanziario price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Unipol Gruppo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 4.13 |
Unipol Gruppo Finanziario lagged returns against current returns
Autocorrelation, which is Unipol Gruppo 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 Unipol Gruppo's stock expected returns. We can calculate the autocorrelation of Unipol Gruppo returns to help us make a trade decision. For example, suppose you find that Unipol Gruppo 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 |
Unipol Gruppo 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 Unipol Gruppo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unipol Gruppo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unipol Gruppo stock over time.
Current vs Lagged Prices |
| Timeline |
Unipol Gruppo Lagged Returns
When evaluating Unipol Gruppo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unipol Gruppo stock have on its future price. Unipol Gruppo 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, Unipol Gruppo autocorrelation shows the relationship between Unipol Gruppo stock current value and its past values and can show if there is a momentum factor associated with investing in Unipol Gruppo Finanziario.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Unipol Stock
Unipol Gruppo financial ratios help investors to determine whether Unipol 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 Unipol with respect to the benefits of owning Unipol Gruppo security.