UBEX Market Value

UBEX Crypto  USD 0.000016  0.000016  50.00%   
UBEX's market value is the price at which a share of UBEX stock trades on a public exchange. It measures the collective expectations of UBEX investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of UBEX and determine expected loss or profit from investing in UBEX over a given investment horizon. Also, please take a look at UBEX Correlation, UBEX Volatility and Investing Opportunities module to complement your research on UBEX.
Symbol


Please note, there is a significant difference between UBEX's coin value and its market price as these two are different measures arrived at by different means. Cryptocurrency investors typically determine UBEX value by looking at such factors as its true mass adoption, usability, application, safety as well as its ability to resist fraud and manipulation. On the other hand, UBEX's price is the amount at which it trades on the cryptocurrency exchange or other digital marketplace that truly represents its supply and demand.

UBEX '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 UBEX's crypto coin 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 UBEX.
0.00
12/27/2022
No Change 0.00  0.0 
In 31 days
01/26/2023
0.00
If you would invest  0.00  in UBEX on December 27, 2022 and sell it all today you would earn a total of 0.00 from holding UBEX or generate 0.0% return on investment in UBEX over 30 days. UBEX is related to or competes with Ethereum, XRP, Aptos, Solana, Cardano, Optimism, and Polygon. UBEX is peer-to-peer digital currency powered by the Blockchain technology.

UBEX 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 UBEX's crypto coin 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 UBEX upside and downside potential and time the market with a certain degree of confidence.

UBEX Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for UBEX's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UBEX's standard deviation. In reality, there are many statistical measures that can use UBEX historical prices to predict the future UBEX's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of UBEX'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. Please use the tools below to analyze the current value of UBEX in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.000.00001435.02
Details
Intrinsic
Valuation
LowReal ValueHigh
0.000.0000197535.02
Details
Naive
Forecast
LowNext ValueHigh
0.000.00001235.02
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
0.000029120.000029120.00002912
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as UBEX. Your research has to be compared to or analyzed against UBEX's peers to derive any actionable benefits. When done correctly, UBEX's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in UBEX.

UBEX Backtested Returns

UBEX is abnormally risky given 3 months investment horizon. UBEX owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates digital coin had 0.16% of return per unit of volatility over the last 3 months. Our viewpoint regarding measuring the volatility of a crypto is to use UBEX market data together with coin specific technical indicators. We were able to analyze and collect data for twenty-one different technical indicators, which can help you to evaluate if expected returns of 5.44% are justified by taking the suggested risk. Use UBEX Downside Deviation of 35.59, risk adjusted performance of 0.1555, and Market Risk Adjusted Performance of 1.42 to evaluate coin specific risk that cannot be diversified away.
The entity has a beta of 3.2646, which indicates a somewhat significant risk relative to the market. Let's try to break down what UBEX's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, UBEX will likely underperform. Although it is essential to pay attention to UBEX current price movements, it is also good to be reasonable about what you can do with equity historical returns. Our way of measuring future potential of any crypto is to look not only at its past charts but also at the business as a whole, including all available fundamental and technical indicators. To evaluate if UBEX expected return of 5.44 will be sustainable into the future, we have found twenty-one different technical indicators, which can help you to check if the expected returns are sustainable.

Auto-correlation

    
  0.02  

Virtually no predictability

UBEX has virtually no predictability. Overlapping area represents the amount of predictability between UBEX time series from 27th of December 2022 to 11th of January 2023 and 11th of January 2023 to 26th of January 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of UBEX price movement. The serial correlation of 0.02 indicates that only 2.0% of current UBEX price fluctuation can be explain by its past prices.
Correlation Coefficient0.02
Spearman Rank Test0.36
Residual Average0.0
Price Variance0.0

UBEX lagged returns against current returns

Autocorrelation, which is UBEX crypto coin'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 UBEX's crypto coin expected returns. We can calculate the autocorrelation of UBEX returns to help us make a trade decision. For example, suppose you find that UBEX crypto coin 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

UBEX 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 UBEX crypto coin is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UBEX crypto coin is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UBEX crypto coin over time.
   Current vs Lagged Prices   
       Timeline  

UBEX Lagged Returns

When evaluating UBEX's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UBEX crypto coin have on its future price. UBEX 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, UBEX autocorrelation shows the relationship between UBEX crypto coin current value and its past values and can show if there is a momentum factor associated with investing in UBEX.
   Regressed Prices   
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in UBEX without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Competition Analyzer Now

   

Competition Analyzer

Analyze and compare many basic indicators for a group of related or unrelated entities
All  Next Launch Module

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.
Also, please take a look at UBEX Correlation, UBEX Volatility and Investing Opportunities module to complement your research on UBEX. Note that the UBEX information on this page should be used as a complementary analysis to other UBEX'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for UBEX Crypto Coin analysis

When running UBEX price analysis, check to measure UBEX's coin volatility and technical momentum indicators. We have many different tools that can be utilized to determine how healthy UBEX is operating at the current time. Most of UBEX's value examination focuses on studying past and present price actions to predict the probability of UBEX's future price movements. You can analyze the coin against its peers and the financial market as a whole to determine factors that move UBEX's coin price. Additionally, you may evaluate how adding UBEX to your portfolios can decrease your overall portfolio volatility.
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Financial Widgets
Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
ETF Directory
Find actively traded Exchange Traded Funds (ETF) from around the world
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
UBEX technical crypto coin 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, crypto market cycles, or different charting patterns.
A focus of UBEX technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of UBEX trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...