Universal For's market value is the price at which a share of Universal For trades on a public exchange. It measures the collective expectations of Universal For Paper investors about its performance. Universal For is trading at 0.53 as of the 27th of December 2024. This is a 1.85 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.51. With this module, you can estimate the performance of a buy and hold strategy of Universal For Paper and determine expected loss or profit from investing in Universal For over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Universal
Universal For '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 For'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 Universal For.
0.00
01/07/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
12/27/2024
0.00
If you would invest 0.00 in Universal For on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Universal For Paper or generate 0.0% return on investment in Universal For over 720 days.
Universal For 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 For'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 Universal For Paper 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 Universal For's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Universal For's standard deviation. In reality, there are many statistical measures that can use Universal For historical prices to predict the future Universal For's volatility.
At this point, Universal For is abnormally volatile. Universal For Paper owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0263, which indicates the firm had a 0.0263% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Universal For Paper, which you can use to evaluate the volatility of the company. Please validate Universal For's Risk Adjusted Performance of 0.0258, semi deviation of 1.58, and Coefficient Of Variation of 4241.78 to confirm if the risk estimate we provide is consistent with the expected return of 0.0726%. Universal For has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.0366, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Universal For are expected to decrease at a much lower rate. During the bear market, Universal For is likely to outperform the market. Universal For Paper right now has a risk of 2.76%. Please validate Universal For standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Universal For will be following its existing price patterns.
Auto-correlation
0.47
Average predictability
Universal For Paper has average predictability. Overlapping area represents the amount of predictability between Universal For time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Universal For Paper price movement. The serial correlation of 0.47 indicates that about 47.0% of current Universal For price fluctuation can be explain by its past prices.
Correlation Coefficient
0.47
Spearman Rank Test
-0.01
Residual Average
0.0
Price Variance
0.0
Universal For Paper lagged returns against current returns
Autocorrelation, which is Universal For 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 Universal For's stock expected returns. We can calculate the autocorrelation of Universal For returns to help us make a trade decision. For example, suppose you find that Universal For 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
Universal For 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 For stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Universal For stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Universal For stock over time.
Current vs Lagged Prices
Timeline
Universal For Lagged Returns
When evaluating Universal For's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Universal For stock have on its future price. Universal For 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 For autocorrelation shows the relationship between Universal For stock current value and its past values and can show if there is a momentum factor associated with investing in Universal For Paper.
Regressed Prices
Timeline
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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.