UNIQA INSURANCE's market value is the price at which a share of UNIQA INSURANCE trades on a public exchange. It measures the collective expectations of UNIQA INSURANCE GR investors about its performance. UNIQA INSURANCE is trading at 7.73 as of the 5th of January 2025, a 0.9% down since the beginning of the trading day. The stock's lowest day price was 7.73. With this module, you can estimate the performance of a buy and hold strategy of UNIQA INSURANCE GR and determine expected loss or profit from investing in UNIQA INSURANCE over a given investment horizon. Check out UNIQA INSURANCE Correlation, UNIQA INSURANCE Volatility and UNIQA INSURANCE Alpha and Beta module to complement your research on UNIQA INSURANCE.
Please note, there is a significant difference between UNIQA INSURANCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if UNIQA INSURANCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UNIQA INSURANCE'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.
UNIQA INSURANCE '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 UNIQA INSURANCE'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 UNIQA INSURANCE.
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02/10/2024
No Change 0.00
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In 10 months and 27 days
01/05/2025
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If you would invest 0.00 in UNIQA INSURANCE on February 10, 2024 and sell it all today you would earn a total of 0.00 from holding UNIQA INSURANCE GR or generate 0.0% return on investment in UNIQA INSURANCE over 330 days. UNIQA INSURANCE is related to or competes with Bio-Techne Corp, Harmony Gold, SOFI TECHNOLOGIES, HELIOS TECHS, Major Drilling, and PRECISION DRILLING. More
UNIQA INSURANCE 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 UNIQA INSURANCE'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 UNIQA INSURANCE GR upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for UNIQA INSURANCE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UNIQA INSURANCE's standard deviation. In reality, there are many statistical measures that can use UNIQA INSURANCE historical prices to predict the future UNIQA INSURANCE's volatility.
At this point, UNIQA INSURANCE is not too volatile. UNIQA INSURANCE GR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0859, which indicates the firm had a 0.0859% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for UNIQA INSURANCE GR, which you can use to evaluate the volatility of the company. Please validate UNIQA INSURANCE's coefficient of variation of 1736.02, and Risk Adjusted Performance of 0.0485 to confirm if the risk estimate we provide is consistent with the expected return of 0.0843%. UNIQA INSURANCE has a performance score of 6 on a scale of 0 to 100. The entity has a beta of -0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning UNIQA INSURANCE are expected to decrease at a much lower rate. During the bear market, UNIQA INSURANCE is likely to outperform the market. UNIQA INSURANCE GR currently has a risk of 0.98%. Please validate UNIQA INSURANCE total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if UNIQA INSURANCE will be following its existing price patterns.
Auto-correlation
-0.53
Good reverse predictability
UNIQA INSURANCE GR has good reverse predictability. Overlapping area represents the amount of predictability between UNIQA INSURANCE time series from 10th of February 2024 to 24th of July 2024 and 24th of July 2024 to 5th of January 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 UNIQA INSURANCE GR price movement. The serial correlation of -0.53 indicates that about 53.0% of current UNIQA INSURANCE price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.53
Spearman Rank Test
-0.56
Residual Average
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Price Variance
0.05
UNIQA INSURANCE GR lagged returns against current returns
Autocorrelation, which is UNIQA INSURANCE 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 UNIQA INSURANCE's stock expected returns. We can calculate the autocorrelation of UNIQA INSURANCE returns to help us make a trade decision. For example, suppose you find that UNIQA INSURANCE 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
UNIQA INSURANCE 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 UNIQA INSURANCE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UNIQA INSURANCE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UNIQA INSURANCE stock over time.
Current vs Lagged Prices
Timeline
UNIQA INSURANCE Lagged Returns
When evaluating UNIQA INSURANCE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UNIQA INSURANCE stock have on its future price. UNIQA INSURANCE 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, UNIQA INSURANCE autocorrelation shows the relationship between UNIQA INSURANCE stock current value and its past values and can show if there is a momentum factor associated with investing in UNIQA INSURANCE GR.
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.
UNIQA INSURANCE financial ratios help investors to determine whether UNIQA 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 UNIQA with respect to the benefits of owning UNIQA INSURANCE security.