Universal Robina Stock Market Value
| UVRBF Stock | USD 1.67 0.22 11.64% |
| Symbol | Universal |
Universal Robina '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 Robina's pink sheet 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 Robina.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Universal Robina on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Universal Robina or generate 0.0% return on investment in Universal Robina over 30 days. Universal Robina is related to or competes with Kellanova, Lancaster Colony, A2 Milk, Artisan Consumer, General Mills, and Campbell Soup. Universal Robina Corporation operates as a branded food product company in the Philippines and internationally More
Universal Robina 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 Robina's pink sheet 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 Robina upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 23.81 | |||
| Value At Risk | (1.59) | |||
| Potential Upside | 2.16 |
Universal Robina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Universal Robina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Universal Robina's standard deviation. In reality, there are many statistical measures that can use Universal Robina historical prices to predict the future Universal Robina's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.70) | |||
| Treynor Ratio | (3.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Universal Robina'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 Robina Backtested Returns
Universal Robina owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Universal Robina exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Universal Robina's Variance of 12.01, risk adjusted performance of (0.06), and Coefficient Of Variation of (948.50) to confirm the risk estimate we provide. The entity has a beta of 0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Universal Robina's returns are expected to increase less than the market. However, during the bear market, the loss of holding Universal Robina is expected to be smaller as well. Universal Robina has an expected return of -0.39%. Please make sure to validate Universal Robina treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to decide if Universal Robina performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.03 |
Virtually no predictability
Universal Robina has virtually no predictability. Overlapping area represents the amount of predictability between Universal Robina time series from 20th of March 2024 to 4th of April 2024 and 4th of April 2024 to 19th of April 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 Universal Robina price movement. The serial correlation of 0.03 indicates that only 3.0% of current Universal Robina price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Universal Robina lagged returns against current returns
Autocorrelation, which is Universal Robina pink sheet'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 Robina's pink sheet expected returns. We can calculate the autocorrelation of Universal Robina returns to help us make a trade decision. For example, suppose you find that Universal Robina has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Robina 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 Robina pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Universal Robina pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Universal Robina pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Universal Robina Lagged Returns
When evaluating Universal Robina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Universal Robina pink sheet have on its future price. Universal Robina 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 Robina autocorrelation shows the relationship between Universal Robina pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Universal Robina.
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.Check out Universal Robina Correlation, Universal Robina Volatility and Universal Robina Alpha and Beta module to complement your research on Universal Robina. Note that the Universal Robina information on this page should be used as a complementary analysis to other Universal Robina's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Universal Pink Sheet analysis
When running Universal Robina's price analysis, check to measure Universal Robina's 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 Universal Robina is operating at the current time. Most of Universal Robina's value examination focuses on studying past and present price action to predict the probability of Universal Robina's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Robina's price. Additionally, you may evaluate how the addition of Universal Robina to your portfolios can decrease your overall portfolio volatility.
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Universal Robina technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.