UTStarcom Holdings (Mexico) Market Value
| UTSI Stock | MXN 57.00 0.00 0.00% |
| Symbol | UTStarcom |
UTStarcom Holdings '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 UTStarcom Holdings' 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 UTStarcom Holdings.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in UTStarcom Holdings on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding UTStarcom Holdings Corp or generate 0.0% return on investment in UTStarcom Holdings over 720 days. UTStarcom Holdings is related to or competes with Cisco Systems, Nokia, Capital One, Monster Beverage, ATT, and Honeywell International. UTStarcom Holdings Corp. operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-ba... More
UTStarcom Holdings 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 UTStarcom Holdings' 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 UTStarcom Holdings Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0652 | |||
| Maximum Drawdown | 14.48 |
UTStarcom Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UTStarcom Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UTStarcom Holdings' standard deviation. In reality, there are many statistical measures that can use UTStarcom Holdings historical prices to predict the future UTStarcom Holdings' volatility.| Risk Adjusted Performance | 0.0737 | |||
| Jensen Alpha | 0.1223 | |||
| Total Risk Alpha | 0.0767 | |||
| Treynor Ratio | (0.56) |
UTStarcom Holdings Corp Backtested Returns
At this stage we consider UTStarcom Stock to be very steady. UTStarcom Holdings Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0907, which indicates the firm had a 0.0907% return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for UTStarcom Holdings Corp, which you can use to evaluate the volatility of the company. Please validate UTStarcom Holdings' risk adjusted performance of 0.0737, and Variance of 2.14 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. UTStarcom Holdings has a performance score of 7 on a scale of 0 to 100. The entity has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning UTStarcom Holdings are expected to decrease at a much lower rate. During the bear market, UTStarcom Holdings is likely to outperform the market. UTStarcom Holdings Corp presently has a risk of 1.52%. Please validate UTStarcom Holdings standard deviation, information ratio, and the relationship between the coefficient of variation and variance , to decide if UTStarcom Holdings will be following its existing price patterns.
Auto-correlation | 0.44 |
Average predictability
UTStarcom Holdings Corp has average predictability. Overlapping area represents the amount of predictability between UTStarcom Holdings time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 UTStarcom Holdings Corp price movement. The serial correlation of 0.44 indicates that just about 44.0% of current UTStarcom Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 49.83 |
UTStarcom Holdings Corp lagged returns against current returns
Autocorrelation, which is UTStarcom Holdings 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 UTStarcom Holdings' stock expected returns. We can calculate the autocorrelation of UTStarcom Holdings returns to help us make a trade decision. For example, suppose you find that UTStarcom Holdings 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 |
UTStarcom Holdings 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 UTStarcom Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UTStarcom Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UTStarcom Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
UTStarcom Holdings Lagged Returns
When evaluating UTStarcom Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UTStarcom Holdings stock have on its future price. UTStarcom Holdings 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, UTStarcom Holdings autocorrelation shows the relationship between UTStarcom Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in UTStarcom Holdings Corp.
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.Additional Tools for UTStarcom Stock Analysis
When running UTStarcom Holdings' price analysis, check to measure UTStarcom Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy UTStarcom Holdings is operating at the current time. Most of UTStarcom Holdings' value examination focuses on studying past and present price action to predict the probability of UTStarcom Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UTStarcom Holdings' price. Additionally, you may evaluate how the addition of UTStarcom Holdings to your portfolios can decrease your overall portfolio volatility.