Umicore SA (Germany) Market Value
| NVJP Stock | EUR 15.62 0.22 1.43% |
| Symbol | Umicore |
Umicore SA '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 Umicore SA'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 Umicore SA.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Umicore SA on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Umicore SA or generate 0.0% return on investment in Umicore SA over 90 days. Umicore SA is related to or competes with Geely Automobile, Motorcar Parts, NISSAN CHEMICAL, Silicon Motion, and TRI CHEMICAL. Umicore S.A. operates as a materials technology and recycling company worldwide More
Umicore SA 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 Umicore SA'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 Umicore SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.347 | |||
| Maximum Drawdown | 19.13 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 5.28 |
Umicore SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Umicore SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Umicore SA's standard deviation. In reality, there are many statistical measures that can use Umicore SA historical prices to predict the future Umicore SA's volatility.| Risk Adjusted Performance | 0.3783 | |||
| Jensen Alpha | 1.07 | |||
| Total Risk Alpha | 0.7036 | |||
| Sortino Ratio | 0.6446 | |||
| Treynor Ratio | 3.56 |
Umicore SA Backtested Returns
Umicore SA is not too volatile given 3 months investment horizon. Umicore SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.41, which indicates the firm had a 0.41 % return per unit of risk over the last 3 months. We are able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.15% are justified by taking the suggested risk. Use Umicore SA Coefficient Of Variation of 250.77, semi deviation of 0.4598, and Risk Adjusted Performance of 0.3783 to evaluate company specific risk that cannot be diversified away. Umicore SA holds a performance score of 32 on a scale of zero to a hundred. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Umicore SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Umicore SA is expected to be smaller as well. Use Umicore SA jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to analyze future returns on Umicore SA.
Auto-correlation | 0.92 |
Excellent predictability
Umicore SA has excellent predictability. Overlapping area represents the amount of predictability between Umicore SA time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Umicore SA price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current Umicore SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 2.17 |
Umicore SA lagged returns against current returns
Autocorrelation, which is Umicore SA 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 Umicore SA's stock expected returns. We can calculate the autocorrelation of Umicore SA returns to help us make a trade decision. For example, suppose you find that Umicore SA 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 |
Umicore SA 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 Umicore SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Umicore SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Umicore SA stock over time.
Current vs Lagged Prices |
| Timeline |
Umicore SA Lagged Returns
When evaluating Umicore SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Umicore SA stock have on its future price. Umicore SA 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, Umicore SA autocorrelation shows the relationship between Umicore SA stock current value and its past values and can show if there is a momentum factor associated with investing in Umicore SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Umicore Stock
Umicore SA financial ratios help investors to determine whether Umicore Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Umicore with respect to the benefits of owning Umicore SA security.