Utron (Israel) Market Value
| UTRN Stock | 708.80 7.20 1.01% |
| Symbol | Utron |
Utron '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 Utron'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 Utron.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Utron on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Utron or generate 0.0% return on investment in Utron over 90 days. Utron is related to or competes with Unitronics, PCB Tec, Tower Semiconductor, Priortech, and AudioCodes. More
Utron 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 Utron'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 Utron upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.3003 | |||
| Maximum Drawdown | 29.01 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 5.55 |
Utron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Utron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Utron's standard deviation. In reality, there are many statistical measures that can use Utron historical prices to predict the future Utron's volatility.| Risk Adjusted Performance | 0.2467 | |||
| Jensen Alpha | 1.2 | |||
| Total Risk Alpha | 1.53 | |||
| Sortino Ratio | 0.4719 | |||
| Treynor Ratio | 0.7403 |
Utron Backtested Returns
Utron is very steady given 3 months investment horizon. Utron owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.34, which indicates the firm had a 0.34 % return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.41% are justified by taking the suggested risk. Use Utron Risk Adjusted Performance of 0.2467, coefficient of variation of 364.27, and Semi Deviation of 1.57 to evaluate company specific risk that cannot be diversified away. Utron holds a performance score of 26 on a scale of zero to a hundred. The entity has a beta of 1.41, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Utron will likely underperform. Use Utron maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to analyze future returns on Utron.
Auto-correlation | 0.55 |
Modest predictability
Utron has modest predictability. Overlapping area represents the amount of predictability between Utron time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Utron price movement. The serial correlation of 0.55 indicates that about 55.0% of current Utron price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 716.29 |
Utron lagged returns against current returns
Autocorrelation, which is Utron 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 Utron's stock expected returns. We can calculate the autocorrelation of Utron returns to help us make a trade decision. For example, suppose you find that Utron 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 |
Utron 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 Utron stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Utron stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Utron stock over time.
Current vs Lagged Prices |
| Timeline |
Utron Lagged Returns
When evaluating Utron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Utron stock have on its future price. Utron 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, Utron autocorrelation shows the relationship between Utron stock current value and its past values and can show if there is a momentum factor associated with investing in Utron.
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 Utron Stock
Utron financial ratios help investors to determine whether Utron 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 Utron with respect to the benefits of owning Utron security.