United Utilities Group Stock Market Value
| UUGWF Stock | USD 12.85 0.00 0.00% |
| Symbol | United |
United Utilities '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 United Utilities' 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 United Utilities.
| 03/19/2024 |
| 04/18/2024 |
If you would invest 0.00 in United Utilities on March 19, 2024 and sell it all today you would earn a total of 0.00 from holding United Utilities Group or generate 0.0% return on investment in United Utilities over 30 days. United Utilities is related to or competes with Artesian Resources, Global Water, Essential Utilities, American Water, American States, California Water, and Consolidated Water. United Utilities Group PLC provides water and wastewater services in the United Kingdom More
United Utilities 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 United Utilities' 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 United Utilities Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 5.55 |
United Utilities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Utilities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Utilities' standard deviation. In reality, there are many statistical measures that can use United Utilities historical prices to predict the future United Utilities' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (30.64) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of United Utilities' 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.
United Utilities Backtested Returns
United Utilities owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0952, which indicates the firm had a -0.0952% return per unit of risk over the last 3 months. United Utilities Group exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate United Utilities' Variance of 0.6206, coefficient of variation of (1,083), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of 0.0027, which indicates not very significant fluctuations relative to the market. As returns on the market increase, United Utilities' returns are expected to increase less than the market. However, during the bear market, the loss of holding United Utilities is expected to be smaller as well. United Utilities has an expected return of -0.0774%. Please make sure to validate United Utilities variance and kurtosis , to decide if United Utilities performance from the past will be repeated at some point in the near future.
Auto-correlation | 1.00 |
Perfect predictability
United Utilities Group has perfect predictability. Overlapping area represents the amount of predictability between United Utilities time series from 19th of March 2024 to 3rd of April 2024 and 3rd of April 2024 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 United Utilities price movement. The serial correlation of 1.0 indicates that 100.0% of current United Utilities price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
United Utilities lagged returns against current returns
Autocorrelation, which is United Utilities 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 United Utilities' pink sheet expected returns. We can calculate the autocorrelation of United Utilities returns to help us make a trade decision. For example, suppose you find that United Utilities 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 |
United Utilities 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 United Utilities pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Utilities pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Utilities pink sheet over time.
Current vs Lagged Prices |
| Timeline |
United Utilities Lagged Returns
When evaluating United Utilities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Utilities pink sheet have on its future price. United Utilities 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, United Utilities autocorrelation shows the relationship between United Utilities pink sheet current value and its past values and can show if there is a momentum factor associated with investing in United Utilities Group.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards United Utilities in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, United Utilities' short interest history, or implied volatility extrapolated from United Utilities options trading.
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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.Check out United Utilities Correlation, United Utilities Volatility and United Utilities Alpha and Beta module to complement your research on United Utilities. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Complementary Tools for United Pink Sheet analysis
When running United Utilities' price analysis, check to measure United Utilities' 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 United Utilities is operating at the current time. Most of United Utilities' value examination focuses on studying past and present price action to predict the probability of United Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Utilities' price. Additionally, you may evaluate how the addition of United Utilities to your portfolios can decrease your overall portfolio volatility.
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United Utilities 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.