Unicaja Banco (Spain) Market Value
| UNI Stock | EUR 1.68 0.01 0.60% |
| Symbol | Unicaja |
Unicaja Banco '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 Unicaja Banco'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 Unicaja Banco.
| 02/01/2025 |
| 03/03/2025 |
If you would invest 0.00 in Unicaja Banco on February 1, 2025 and sell it all today you would earn a total of 0.00 from holding Unicaja Banco SA or generate 0.0% return on investment in Unicaja Banco over 30 days. Unicaja Banco is related to or competes with Bankinter, Banco De, Caixabank, ENCE Energa, and Melia Hotels. Unicaja Banco, S.A. provides various banking products and services to individuals and companies in Spain and internation... More
Unicaja Banco 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 Unicaja Banco'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 Unicaja Banco SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | 0.378 | |||
| Maximum Drawdown | 8.0 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.94 |
Unicaja Banco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unicaja Banco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unicaja Banco's standard deviation. In reality, there are many statistical measures that can use Unicaja Banco historical prices to predict the future Unicaja Banco's volatility.| Risk Adjusted Performance | 0.277 | |||
| Jensen Alpha | 0.5405 | |||
| Total Risk Alpha | 0.5881 | |||
| Sortino Ratio | 0.3682 | |||
| Treynor Ratio | (13.44) |
Unicaja Banco SA Backtested Returns
Unicaja Banco appears to be unstable, given 3 months investment horizon. Unicaja Banco SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.35, which indicates the firm had a 0.35 % return per unit of risk over the last 3 months. By inspecting Unicaja Banco's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Unicaja Banco's Semi Deviation of 0.655, coefficient of variation of 270.77, and Risk Adjusted Performance of 0.277 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Unicaja Banco holds a performance score of 27. The entity has a beta of -0.0403, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Unicaja Banco are expected to decrease at a much lower rate. During the bear market, Unicaja Banco is likely to outperform the market. Please check Unicaja Banco's downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Unicaja Banco's existing price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
Unicaja Banco SA has good predictability. Overlapping area represents the amount of predictability between Unicaja Banco time series from 1st of February 2025 to 16th of February 2025 and 16th of February 2025 to 3rd 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 Unicaja Banco SA price movement. The serial correlation of 0.71 indicates that around 71.0% of current Unicaja Banco price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Unicaja Banco SA lagged returns against current returns
Autocorrelation, which is Unicaja Banco 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 Unicaja Banco's stock expected returns. We can calculate the autocorrelation of Unicaja Banco returns to help us make a trade decision. For example, suppose you find that Unicaja Banco 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 |
Unicaja Banco 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 Unicaja Banco stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unicaja Banco stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unicaja Banco stock over time.
Current vs Lagged Prices |
| Timeline |
Unicaja Banco Lagged Returns
When evaluating Unicaja Banco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unicaja Banco stock have on its future price. Unicaja Banco 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, Unicaja Banco autocorrelation shows the relationship between Unicaja Banco stock current value and its past values and can show if there is a momentum factor associated with investing in Unicaja Banco SA.
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 Unicaja Stock
Unicaja Banco financial ratios help investors to determine whether Unicaja 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 Unicaja with respect to the benefits of owning Unicaja Banco security.