URU Metals (UK) Market Value
| URU Stock | 160.00 15.00 8.57% |
| Symbol | URU |
URU Metals '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 URU Metals' 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 URU Metals.
| 12/30/2022 |
| 12/19/2024 |
If you would invest 0.00 in URU Metals on December 30, 2022 and sell it all today you would earn a total of 0.00 from holding URU Metals or generate 0.0% return on investment in URU Metals over 720 days. URU Metals is related to or competes with OneSavings Bank, MT Bank, Cincinnati Financial, Sabre Insurance, UNIQA Insurance, Atalaya Mining, and Dolly Varden. URU Metals is entity of United Kingdom. It is traded as Stock on LSE exchange. More
URU Metals 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 URU Metals' 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 URU Metals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.29 | |||
| Information Ratio | 0.1214 | |||
| Maximum Drawdown | 60.46 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 14.29 |
URU Metals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for URU Metals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as URU Metals' standard deviation. In reality, there are many statistical measures that can use URU Metals historical prices to predict the future URU Metals' volatility.| Risk Adjusted Performance | 0.1085 | |||
| Jensen Alpha | 0.9266 | |||
| Total Risk Alpha | 0.7641 | |||
| Sortino Ratio | 0.112 | |||
| Treynor Ratio | 0.8418 |
URU Metals Backtested Returns
URU Metals appears to be very steady, given 3 months investment horizon. URU Metals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0436, which indicates the firm had a 0.0436% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for URU Metals, which you can use to evaluate the volatility of the company. Please review URU Metals' Risk Adjusted Performance of 0.1085, coefficient of variation of 798.5, and Semi Deviation of 2.71 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, URU Metals holds a performance score of 3. The entity has a beta of 1.13, which indicates a somewhat significant risk relative to the market. URU Metals returns are very sensitive to returns on the market. As the market goes up or down, URU Metals is expected to follow. Please check URU Metals' potential upside, accumulation distribution, price action indicator, as well as the relationship between the expected short fall and day median price , to make a quick decision on whether URU Metals' existing price patterns will revert.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
URU Metals has almost perfect reverse predictability. Overlapping area represents the amount of predictability between URU Metals time series from 30th of December 2022 to 25th of December 2023 and 25th of December 2023 to 19th 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 URU Metals price movement. The serial correlation of -0.74 indicates that around 74.0% of current URU Metals price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 1094.09 |
URU Metals lagged returns against current returns
Autocorrelation, which is URU Metals 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 URU Metals' stock expected returns. We can calculate the autocorrelation of URU Metals returns to help us make a trade decision. For example, suppose you find that URU Metals 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 |
URU Metals 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 URU Metals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if URU Metals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in URU Metals stock over time.
Current vs Lagged Prices |
| Timeline |
URU Metals Lagged Returns
When evaluating URU Metals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of URU Metals stock have on its future price. URU Metals 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, URU Metals autocorrelation shows the relationship between URU Metals stock current value and its past values and can show if there is a momentum factor associated with investing in URU Metals.
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.Other Information on Investing in URU Stock
URU Metals financial ratios help investors to determine whether URU 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 URU with respect to the benefits of owning URU Metals security.