UNIVERSAL PARTNERS (Mauritius) Market Value
| UPL Stock | 0.90 0.00 0.00% |
| Symbol | UNIVERSAL |
UNIVERSAL PARTNERS '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 PARTNERS'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 PARTNERS.
| 11/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in UNIVERSAL PARTNERS on November 10, 2024 and sell it all today you would earn a total of 0.00 from holding UNIVERSAL PARTNERS LTD or generate 0.0% return on investment in UNIVERSAL PARTNERS over 60 days.
UNIVERSAL PARTNERS 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 PARTNERS'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 PARTNERS LTD upside and downside potential and time the market with a certain degree of confidence.
UNIVERSAL PARTNERS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UNIVERSAL PARTNERS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UNIVERSAL PARTNERS's standard deviation. In reality, there are many statistical measures that can use UNIVERSAL PARTNERS historical prices to predict the future UNIVERSAL PARTNERS's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of UNIVERSAL PARTNERS's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
UNIVERSAL PARTNERS LTD Backtested Returns
We have found three technical indicators for UNIVERSAL PARTNERS LTD, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and UNIVERSAL PARTNERS are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
UNIVERSAL PARTNERS LTD has perfect predictability. Overlapping area represents the amount of predictability between UNIVERSAL PARTNERS time series from 10th of November 2024 to 10th of December 2024 and 10th of December 2024 to 9th 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 UNIVERSAL PARTNERS LTD price movement. The serial correlation of 1.0 indicates that 100.0% of current UNIVERSAL PARTNERS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
UNIVERSAL PARTNERS LTD lagged returns against current returns
Autocorrelation, which is UNIVERSAL PARTNERS 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 PARTNERS's stock expected returns. We can calculate the autocorrelation of UNIVERSAL PARTNERS returns to help us make a trade decision. For example, suppose you find that UNIVERSAL PARTNERS 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 PARTNERS 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 PARTNERS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UNIVERSAL PARTNERS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UNIVERSAL PARTNERS stock over time.
Current vs Lagged Prices |
| Timeline |
UNIVERSAL PARTNERS Lagged Returns
When evaluating UNIVERSAL PARTNERS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UNIVERSAL PARTNERS stock have on its future price. UNIVERSAL PARTNERS 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 PARTNERS autocorrelation shows the relationship between UNIVERSAL PARTNERS stock current value and its past values and can show if there is a momentum factor associated with investing in UNIVERSAL PARTNERS LTD.
Regressed Prices |
| Timeline |
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