Ubs Allocation Fund Market Value
| PWTYX Fund | USD 48.81 0.14 0.29% |
| Symbol | Ubs |
Ubs Allocation '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 Ubs Allocation's mutual fund 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 Ubs Allocation.
| 04/29/2022 |
| 04/18/2024 |
If you would invest 0.00 in Ubs Allocation on April 29, 2022 and sell it all today you would earn a total of 0.00 from holding Ubs Allocation Fund or generate 0.0% return on investment in Ubs Allocation over 720 days. Ubs Allocation is related to or competes with HUMANA, and Spring Valley. The fund invests at least 80 percent of its net assets in U.S More
Ubs Allocation 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 Ubs Allocation's mutual fund 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 Ubs Allocation Fund upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5886 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.44 | |||
| Value At Risk | (1.01) | |||
| Potential Upside | 0.8027 |
Ubs Allocation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ubs Allocation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ubs Allocation's standard deviation. In reality, there are many statistical measures that can use Ubs Allocation historical prices to predict the future Ubs Allocation's volatility.| Risk Adjusted Performance | 0.036 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0283 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ubs Allocation'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.
Ubs Allocation Backtested Returns
We consider Ubs Allocation very steady. Ubs Allocation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0575, which indicates the fund had a 0.0575% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ubs Allocation Fund, which you can use to evaluate the volatility of the fund. Please validate Ubs Allocation's Risk Adjusted Performance of 0.036, semi deviation of 0.5289, and Coefficient Of Variation of 1696.71 to confirm if the risk estimate we provide is consistent with the expected return of 0.0321%. The entity has a beta of 0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Ubs Allocation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ubs Allocation is expected to be smaller as well.
Auto-correlation | 0.25 |
Poor predictability
Ubs Allocation Fund has poor predictability. Overlapping area represents the amount of predictability between Ubs Allocation time series from 29th of April 2022 to 24th of April 2023 and 24th of April 2023 to 18th 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 Ubs Allocation price movement. The serial correlation of 0.25 indicates that over 25.0% of current Ubs Allocation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 6.25 |
Ubs Allocation lagged returns against current returns
Autocorrelation, which is Ubs Allocation mutual fund'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 Ubs Allocation's mutual fund expected returns. We can calculate the autocorrelation of Ubs Allocation returns to help us make a trade decision. For example, suppose you find that Ubs Allocation has exhibited high autocorrelation historically, and you observe that the mutual fund 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 |
Ubs Allocation 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 Ubs Allocation mutual fund is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ubs Allocation mutual fund is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ubs Allocation mutual fund over time.
Current vs Lagged Prices |
| Timeline |
Ubs Allocation Lagged Returns
When evaluating Ubs Allocation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ubs Allocation mutual fund have on its future price. Ubs Allocation 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, Ubs Allocation autocorrelation shows the relationship between Ubs Allocation mutual fund current value and its past values and can show if there is a momentum factor associated with investing in Ubs Allocation Fund.
Regressed Prices |
| Timeline |
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Ubs Allocation technical mutual fund 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, fund market cycles, or different charting patterns.