UTD OV (Germany) Market Value
| UOB0 Stock | EUR 50.50 2.50 4.72% |
| Symbol | UTD |
UTD OV '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 UTD OV'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 UTD OV.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in UTD OV on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding UTD OV BK LOC ADR1 or generate 0.0% return on investment in UTD OV over 90 days. UTD OV is related to or competes with EBRO FOODS, SENECA FOODS-A, Maple Leaf, COFCO Joycome, DFS Furniture, ANGI Homeservices, and BORR DRILLING. United Overseas Bank Limited, together with its subsidiaries, provides banking products and services More
UTD OV 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 UTD OV'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 UTD OV BK LOC ADR1 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0715 | |||
| Maximum Drawdown | 6.68 | |||
| Value At Risk | (0.98) | |||
| Potential Upside | 1.9 |
UTD OV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UTD OV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UTD OV's standard deviation. In reality, there are many statistical measures that can use UTD OV historical prices to predict the future UTD OV's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.0967 | |||
| Treynor Ratio | (0.28) |
UTD OV BK Backtested Returns
UTD OV BK owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0258, which indicates the firm had a -0.0258 % return per unit of volatility over the last 3 months. UTD OV BK LOC ADR1 exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UTD OV's risk adjusted performance of (0.02), and Variance of 1.09 to confirm the risk estimate we provide. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UTD OV's returns are expected to increase less than the market. However, during the bear market, the loss of holding UTD OV is expected to be smaller as well. At this point, UTD OV BK has a negative expected return of -0.0272%. Please make sure to validate UTD OV's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if UTD OV BK performance from the past will be repeated at future time.
Auto-correlation | 0.22 |
Weak predictability
UTD OV BK LOC ADR1 has weak predictability. Overlapping area represents the amount of predictability between UTD OV time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 UTD OV BK price movement. The serial correlation of 0.22 indicates that over 22.0% of current UTD OV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 1.02 |
UTD OV BK lagged returns against current returns
Autocorrelation, which is UTD OV 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 UTD OV's stock expected returns. We can calculate the autocorrelation of UTD OV returns to help us make a trade decision. For example, suppose you find that UTD OV 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 |
UTD OV 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 UTD OV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UTD OV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UTD OV stock over time.
Current vs Lagged Prices |
| Timeline |
UTD OV Lagged Returns
When evaluating UTD OV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UTD OV stock have on its future price. UTD OV 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, UTD OV autocorrelation shows the relationship between UTD OV stock current value and its past values and can show if there is a momentum factor associated with investing in UTD OV BK LOC ADR1.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in UTD Stock
UTD OV financial ratios help investors to determine whether UTD 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 UTD with respect to the benefits of owning UTD OV security.