Ubisoft Entertainment Stock Market Value

UBSFY Stock  USD 4.30  0.08  1.83%   
UbiSoft Entertainment's market value is the price at which a share of UbiSoft Entertainment trades on a public exchange. It measures the collective expectations of UbiSoft Entertainment investors about its performance. UbiSoft Entertainment is trading at 4.30 as of the 16th of April 2024; that is -1.83 percent down since the beginning of the trading day. The stock's open price was 4.38.
With this module, you can estimate the performance of a buy and hold strategy of UbiSoft Entertainment and determine expected loss or profit from investing in UbiSoft Entertainment over a given investment horizon. Check out UbiSoft Entertainment Correlation, UbiSoft Entertainment Volatility and UbiSoft Entertainment Alpha and Beta module to complement your research on UbiSoft Entertainment.
Symbol

Please note, there is a significant difference between UbiSoft Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if UbiSoft Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UbiSoft Entertainment'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.

UbiSoft Entertainment '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 UbiSoft Entertainment's 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 UbiSoft Entertainment.
0.00
03/17/2024
No Change 0.00  0.0 
In 31 days
04/16/2024
0.00
If you would invest  0.00  in UbiSoft Entertainment on March 17, 2024 and sell it all today you would earn a total of 0.00 from holding UbiSoft Entertainment or generate 0.0% return on investment in UbiSoft Entertainment over 30 days. UbiSoft Entertainment is related to or competes with Playstudios, Doubledown InteractiveCo, Bragg Gaming, Golden Matrix, and Snail. Ubisoft Entertainment SA produce, publishes, and distributes video games for consoles, PC, smartphones, and tablets in b... More

UbiSoft Entertainment 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 UbiSoft Entertainment's 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 UbiSoft Entertainment upside and downside potential and time the market with a certain degree of confidence.

UbiSoft Entertainment Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for UbiSoft Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UbiSoft Entertainment's standard deviation. In reality, there are many statistical measures that can use UbiSoft Entertainment historical prices to predict the future UbiSoft Entertainment's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of UbiSoft Entertainment'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.
Hype
Prediction
LowEstimatedHigh
1.934.306.67
Details
Intrinsic
Valuation
LowRealHigh
1.393.766.13
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as UbiSoft Entertainment. Your research has to be compared to or analyzed against UbiSoft Entertainment's peers to derive any actionable benefits. When done correctly, UbiSoft Entertainment's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in UbiSoft Entertainment.

UbiSoft Entertainment Backtested Returns

We consider UbiSoft Entertainment slightly risky. UbiSoft Entertainment owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0258, which indicates the firm had a 0.0258% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for UbiSoft Entertainment, which you can use to evaluate the volatility of the company. Please validate UbiSoft Entertainment's Variance of 6.47, coefficient of variation of (1,530), and Risk Adjusted Performance of (0.03) to confirm if the risk estimate we provide is consistent with the expected return of 0.061%. UbiSoft Entertainment has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, UbiSoft Entertainment's returns are expected to increase less than the market. However, during the bear market, the loss of holding UbiSoft Entertainment is expected to be smaller as well. UbiSoft Entertainment right now has a risk of 2.37%. Please validate UbiSoft Entertainment jensen alpha, skewness, as well as the relationship between the Skewness and day typical price , to decide if UbiSoft Entertainment will be following its existing price patterns.

Auto-correlation

    
  0.73  

Good predictability

UbiSoft Entertainment has good predictability. Overlapping area represents the amount of predictability between UbiSoft Entertainment time series from 17th of March 2024 to 1st of April 2024 and 1st of April 2024 to 16th 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 UbiSoft Entertainment price movement. The serial correlation of 0.73 indicates that around 73.0% of current UbiSoft Entertainment price fluctuation can be explain by its past prices.
Correlation Coefficient0.73
Spearman Rank Test0.6
Residual Average0.0
Price Variance0.01

UbiSoft Entertainment lagged returns against current returns

Autocorrelation, which is UbiSoft Entertainment 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 UbiSoft Entertainment's pink sheet expected returns. We can calculate the autocorrelation of UbiSoft Entertainment returns to help us make a trade decision. For example, suppose you find that UbiSoft Entertainment 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  

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

UbiSoft Entertainment Lagged Returns

When evaluating UbiSoft Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UbiSoft Entertainment pink sheet have on its future price. UbiSoft Entertainment 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, UbiSoft Entertainment autocorrelation shows the relationship between UbiSoft Entertainment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in UbiSoft Entertainment.
   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 UbiSoft Entertainment 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, UbiSoft Entertainment's short interest history, or implied volatility extrapolated from UbiSoft Entertainment 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 UbiSoft Entertainment Correlation, UbiSoft Entertainment Volatility and UbiSoft Entertainment Alpha and Beta module to complement your research on UbiSoft Entertainment.
Note that the UbiSoft Entertainment information on this page should be used as a complementary analysis to other UbiSoft Entertainment'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 the Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for UbiSoft Pink Sheet analysis

When running UbiSoft Entertainment's price analysis, check to measure UbiSoft Entertainment'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 UbiSoft Entertainment is operating at the current time. Most of UbiSoft Entertainment's value examination focuses on studying past and present price action to predict the probability of UbiSoft Entertainment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UbiSoft Entertainment's price. Additionally, you may evaluate how the addition of UbiSoft Entertainment to your portfolios can decrease your overall portfolio volatility.
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UbiSoft Entertainment 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.
A focus of UbiSoft Entertainment technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of UbiSoft Entertainment 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...