UBSFund Solutions (Switzerland) Market Value
CBUS5A Etf | USD 16.90 0.04 0.24% |
Symbol | UBSFund |
Please note, there is a significant difference between UBSFund Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if UBSFund Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UBSFund Solutions' 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.
UBSFund Solutions '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 UBSFund Solutions' etf 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 UBSFund Solutions.
03/18/2024 |
| 04/17/2024 |
If you would invest 0.00 in UBSFund Solutions on March 18, 2024 and sell it all today you would earn a total of 0.00 from holding UBSFund Solutions Bloomberg or generate 0.0% return on investment in UBSFund Solutions over 30 days. UBSFund Solutions is related to or competes with UBSFund Solutions, UBSFund Solutions, UBSFund Solutions, UBSFund Solutions, and UBSFund Solutions. The sub-fund is an exchange traded fund incorporated in Luxembourg More
UBSFund Solutions 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 UBSFund Solutions' etf 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 UBSFund Solutions Bloomberg upside and downside potential and time the market with a certain degree of confidence.
Information Ratio | (0.33) | |||
Maximum Drawdown | 0.8831 | |||
Value At Risk | (0.29) | |||
Potential Upside | 0.2955 |
UBSFund Solutions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UBSFund Solutions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UBSFund Solutions' standard deviation. In reality, there are many statistical measures that can use UBSFund Solutions historical prices to predict the future UBSFund Solutions' volatility.Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.04) | |||
Treynor Ratio | (0.51) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of UBSFund Solutions' 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.
UBSFund Solutions Backtested Returns
UBSFund Solutions owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.034, which indicates the etf had a -0.034% return per unit of standard deviation over the last 3 months. UBSFund Solutions Bloomberg exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UBSFund Solutions' Market Risk Adjusted Performance of (0.50), risk adjusted performance of (0.06), and Standard Deviation of 0.2184 to confirm the risk estimate we provide. The entity has a beta of 0.0452, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UBSFund Solutions' returns are expected to increase less than the market. However, during the bear market, the loss of holding UBSFund Solutions is expected to be smaller as well.
Auto-correlation | 0.34 |
Below average predictability
UBSFund Solutions Bloomberg has below average predictability. Overlapping area represents the amount of predictability between UBSFund Solutions time series from 18th of March 2024 to 2nd of April 2024 and 2nd of April 2024 to 17th 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 UBSFund Solutions price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current UBSFund Solutions price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.34 | |
Spearman Rank Test | -0.53 | |
Residual Average | 0.0 | |
Price Variance | 0.0 |
UBSFund Solutions lagged returns against current returns
Autocorrelation, which is UBSFund Solutions etf'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 UBSFund Solutions' etf expected returns. We can calculate the autocorrelation of UBSFund Solutions returns to help us make a trade decision. For example, suppose you find that UBSFund Solutions has exhibited high autocorrelation historically, and you observe that the etf 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 |
UBSFund Solutions 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 UBSFund Solutions etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UBSFund Solutions etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UBSFund Solutions etf over time.
Current vs Lagged Prices |
Timeline |
UBSFund Solutions Lagged Returns
When evaluating UBSFund Solutions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UBSFund Solutions etf have on its future price. UBSFund Solutions 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, UBSFund Solutions autocorrelation shows the relationship between UBSFund Solutions etf current value and its past values and can show if there is a momentum factor associated with investing in UBSFund Solutions Bloomberg.
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 UBSFund Solutions 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, UBSFund Solutions' short interest history, or implied volatility extrapolated from UBSFund Solutions options trading.
Pair Trading with UBSFund Solutions
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 UBSFund Solutions 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 UBSFund Solutions will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to UBSFund Solutions could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UBSFund Solutions 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 UBSFund Solutions - 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 UBSFund Solutions Bloomberg to buy it.
The correlation of UBSFund Solutions 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 UBSFund Solutions moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UBSFund Solutions 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 UBSFund Solutions 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 UBSFund Solutions Correlation, UBSFund Solutions Volatility and UBSFund Solutions Alpha and Beta module to complement your research on UBSFund Solutions. Note that the UBSFund Solutions information on this page should be used as a complementary analysis to other UBSFund Solutions' 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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
UBSFund Solutions technical etf 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, etf market cycles, or different charting patterns.