YDUQ3F's market value is the price at which a share of YDUQ3F trades on a public exchange. It measures the collective expectations of YDUQ3F investors about its performance. YDUQ3F is trading at 7.90 as of the 4th of January 2025, a 4.93 percent decrease since the beginning of the trading day. The stock's open price was 8.31. With this module, you can estimate the performance of a buy and hold strategy of YDUQ3F and determine expected loss or profit from investing in YDUQ3F over a given investment horizon. Check out Your Current Watchlist to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
Symbol
YDUQ3F
YDUQ3F '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 YDUQ3F'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 YDUQ3F.
0.00
12/05/2024
No Change 0.00
0.0
In 31 days
01/04/2025
0.00
If you would invest 0.00 in YDUQ3F on December 5, 2024 and sell it all today you would earn a total of 0.00 from holding YDUQ3F or generate 0.0% return on investment in YDUQ3F over 30 days.
YDUQ3F 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 YDUQ3F'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 YDUQ3F upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for YDUQ3F's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as YDUQ3F's standard deviation. In reality, there are many statistical measures that can use YDUQ3F historical prices to predict the future YDUQ3F's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as YDUQ3F. Your research has to be compared to or analyzed against YDUQ3F's peers to derive any actionable benefits. When done correctly, YDUQ3F's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in YDUQ3F.
YDUQ3F Backtested Returns
YDUQ3F shows Sharpe Ratio of -0.16, which attests that the company had a -0.16% return per unit of risk over the last 3 months. YDUQ3F exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out YDUQ3F's Mean Deviation of 3.55, standard deviation of 4.32, and Market Risk Adjusted Performance of (7.59) to validate the risk estimate we provide. The firm maintains a market beta of 0.0949, which attests to not very significant fluctuations relative to the market. As returns on the market increase, YDUQ3F's returns are expected to increase less than the market. However, during the bear market, the loss of holding YDUQ3F is expected to be smaller as well. At this point, YDUQ3F has a negative expected return of -0.67%. Please make sure to check out YDUQ3F's kurtosis, day median price, period momentum indicator, as well as the relationship between the daily balance of power and market facilitation index , to decide if YDUQ3F performance from the past will be repeated at some future point.
Auto-correlation
0.51
Modest predictability
YDUQ3F has modest predictability. Overlapping area represents the amount of predictability between YDUQ3F time series from 5th of December 2024 to 20th of December 2024 and 20th of December 2024 to 4th 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 YDUQ3F price movement. The serial correlation of 0.51 indicates that about 51.0% of current YDUQ3F price fluctuation can be explain by its past prices.
Correlation Coefficient
0.51
Spearman Rank Test
0.14
Residual Average
0.0
Price Variance
0.08
YDUQ3F lagged returns against current returns
Autocorrelation, which is YDUQ3F 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 YDUQ3F's stock expected returns. We can calculate the autocorrelation of YDUQ3F returns to help us make a trade decision. For example, suppose you find that YDUQ3F 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
YDUQ3F 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 YDUQ3F stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if YDUQ3F stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in YDUQ3F stock over time.
Current vs Lagged Prices
Timeline
YDUQ3F Lagged Returns
When evaluating YDUQ3F's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of YDUQ3F stock have on its future price. YDUQ3F 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, YDUQ3F autocorrelation shows the relationship between YDUQ3F stock current value and its past values and can show if there is a momentum factor associated with investing in YDUQ3F.
Regressed Prices
Timeline
Also Currently Popular
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.