Applied Uv Stock Market Value
| AUVI Stock | USD 0.59 0.06 9.23% |
| Symbol | Applied |
Applied UV Price To Book Ratio
Is Applied UV's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Applied UV. If investors know Applied will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Applied UV listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (40.00) | Revenue Per Share 109.88 | Quarterly Revenue Growth 0.555 | Return On Assets (0.18) | Return On Equity (0.63) |
The market value of Applied UV is measured differently than its book value, which is the value of Applied that is recorded on the company's balance sheet. Investors also form their own opinion of Applied UV's value that differs from its market value or its book value, called intrinsic value, which is Applied UV's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Applied UV's market value can be influenced by many factors that don't directly affect Applied UV's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Applied UV's value and its price as these two are different measures arrived at by different means. Investors typically determine if Applied UV is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Applied UV's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Applied UV '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 Applied UV'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 Applied UV.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Applied UV on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Applied UV or generate 0.0% return on investment in Applied UV over 30 days. Applied UV is related to or competes with La Z, Natuzzi SpA, Mohawk Industries, MasterBrand, Bassett Furniture, Flexsteel Industries, and Hamilton Beach. Applied UV, Inc., through its subsidiaries, develops, acquires, and commercializes technology that addresses air purific... More
Applied UV 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 Applied UV'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 Applied UV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.38) | |||
| Maximum Drawdown | 30.49 | |||
| Value At Risk | (12.11) | |||
| Potential Upside | 8.37 |
Applied UV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Applied UV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Applied UV's standard deviation. In reality, there are many statistical measures that can use Applied UV historical prices to predict the future Applied UV's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (2.26) | |||
| Total Risk Alpha | (2.94) | |||
| Treynor Ratio | (1.99) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Applied UV'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.
Applied UV Backtested Returns
Applied UV secures Sharpe Ratio (or Efficiency) of -0.36, which signifies that the company had a -0.36% return per unit of risk over the last 3 months. Applied UV exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Applied UV's Risk Adjusted Performance of (0.21), mean deviation of 4.38, and Standard Deviation of 5.99 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.09, which signifies a somewhat significant risk relative to the market. Applied UV returns are very sensitive to returns on the market. As the market goes up or down, Applied UV is expected to follow. Applied UV has an expected return of -2.13%. Please make sure to confirm Applied UV potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Applied UV performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.75 |
Good predictability
Applied UV has good predictability. Overlapping area represents the amount of predictability between Applied UV time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Applied UV price movement. The serial correlation of 0.75 indicates that around 75.0% of current Applied UV price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Applied UV lagged returns against current returns
Autocorrelation, which is Applied UV 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 Applied UV's stock expected returns. We can calculate the autocorrelation of Applied UV returns to help us make a trade decision. For example, suppose you find that Applied UV 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 |
Applied UV 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 Applied UV stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Applied UV stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Applied UV stock over time.
Current vs Lagged Prices |
| Timeline |
Applied UV Lagged Returns
When evaluating Applied UV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Applied UV stock have on its future price. Applied UV 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, Applied UV autocorrelation shows the relationship between Applied UV stock current value and its past values and can show if there is a momentum factor associated with investing in Applied UV.
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 Applied UV 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, Applied UV's short interest history, or implied volatility extrapolated from Applied UV options trading.
Pair Trading with Applied UV
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Applied UV position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Applied UV will appreciate offsetting losses from the drop in the long position's value.Moving together with Applied Stock
| 0.85 | VIOT | Viomi Technology ADR | PairCorr |
Moving against Applied Stock
| 0.91 | SN | SharkNinja | PairCorr |
| 0.91 | FLXS | Flexsteel Industries Earnings Call This Week | PairCorr |
| 0.75 | HBB | Hamilton Beach Brands | PairCorr |
| 0.74 | LCUT | Lifetime Brands Financial Report 8th of May 2024 | PairCorr |
| 0.7 | MBC | MasterBrand | PairCorr |
The ability to find closely correlated positions to Applied UV could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Applied UV when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Applied UV - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Applied UV to buy it.
The correlation of Applied UV is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Applied UV moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Applied UV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Applied UV can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Applied UV Correlation, Applied UV Volatility and Applied UV Alpha and Beta module to complement your research on Applied UV. For more detail on how to invest in Applied Stock please use our How to Invest in Applied UV guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Applied Stock analysis
When running Applied UV's price analysis, check to measure Applied UV'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 Applied UV is operating at the current time. Most of Applied UV's value examination focuses on studying past and present price action to predict the probability of Applied UV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Applied UV's price. Additionally, you may evaluate how the addition of Applied UV to your portfolios can decrease your overall portfolio volatility.
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Applied UV technical stock 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, stock market cycles, or different charting patterns.