Universal Media Group Stock Market Value
| UMGP Stock | USD 0.03 0.01 28.57% |
| Symbol | Universal |
Universal Media '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 Universal Media'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 Universal Media.
| 12/12/2024 |
| 03/12/2025 |
If you would invest 0.00 in Universal Media on December 12, 2024 and sell it all today you would earn a total of 0.00 from holding Universal Media Group or generate 0.0% return on investment in Universal Media over 90 days. Universal Media is related to or competes with Aquestive Therapeutics, Joint Corp, Merit Medical, Insteel Industries, Viemed Healthcare, and Teleflex Incorporated. Universal Media Group Inc., a media company, produces and distributes media content worldwide More
Universal Media 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 Universal Media'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 Universal Media Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.17 | |||
| Information Ratio | 0.0821 | |||
| Maximum Drawdown | 98.27 | |||
| Value At Risk | (23.08) | |||
| Potential Upside | 33.33 |
Universal Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Universal Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Universal Media's standard deviation. In reality, there are many statistical measures that can use Universal Media historical prices to predict the future Universal Media's volatility.| Risk Adjusted Performance | 0.0717 | |||
| Jensen Alpha | 1.23 | |||
| Total Risk Alpha | 3.8 | |||
| Sortino Ratio | 0.0829 | |||
| Treynor Ratio | 8.55 |
Universal Media Group Backtested Returns
Universal Media appears to be out of control, given 3 months investment horizon. Universal Media Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0465, which indicates the firm had a 0.0465 % return per unit of risk over the last 3 months. By inspecting Universal Media's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review Universal Media's Semi Deviation of 9.84, risk adjusted performance of 0.0717, and Coefficient Of Variation of 1340.32 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Universal Media holds a performance score of 3. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Universal Media's returns are expected to increase less than the market. However, during the bear market, the loss of holding Universal Media is expected to be smaller as well. Please check Universal Media's treynor ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Universal Media's existing price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
Universal Media Group has poor predictability. Overlapping area represents the amount of predictability between Universal Media time series from 12th of December 2024 to 26th of January 2025 and 26th of January 2025 to 12th 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 Universal Media Group price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Universal Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Universal Media Group lagged returns against current returns
Autocorrelation, which is Universal Media 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 Universal Media's pink sheet expected returns. We can calculate the autocorrelation of Universal Media returns to help us make a trade decision. For example, suppose you find that Universal Media 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 |
Universal Media 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 Universal Media pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Universal Media pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Universal Media pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Universal Media Lagged Returns
When evaluating Universal Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Universal Media pink sheet have on its future price. Universal Media 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, Universal Media autocorrelation shows the relationship between Universal Media pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Universal Media Group.
Regressed Prices |
| Timeline |
Pair Trading with Universal Media
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Universal Media position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Universal Media will appreciate offsetting losses from the drop in the long position's value.Moving against Universal Pink Sheet
| 0.54 | MRK | Merck Company | PairCorr |
| 0.38 | PBCRF | PT Bank Central | PairCorr |
| 0.35 | PPERY | Bank Mandiri Persero | PairCorr |
| 0.35 | PBCRY | Bank Central Asia | PairCorr |
| 0.35 | CAT | Caterpillar | PairCorr |
The ability to find closely correlated positions to Universal Media could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal Media when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Universal Media - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Universal Media Group to buy it.
The correlation of Universal Media is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Universal Media moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal Media Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Universal Media can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Universal Pink Sheet Analysis
When running Universal Media's price analysis, check to measure Universal Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Universal Media is operating at the current time. Most of Universal Media's value examination focuses on studying past and present price action to predict the probability of Universal Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Media's price. Additionally, you may evaluate how the addition of Universal Media to your portfolios can decrease your overall portfolio volatility.