Universal Display (Germany) Market Value
| UVD Stock | EUR 130.05 0.10 0.08% |
| Symbol | Universal |
Universal Display '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 Universal Display'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 Universal Display.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Universal Display on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Universal Display or generate 0.0% return on investment in Universal Display over 90 days. Universal Display is related to or competes with Easy Software, Platinum Investment, Waste Management, Brockhaus Capital, Sims Metal, MAGIC SOFTWARE, and CeoTronics. Universal Display Corporation engages in the research, development, and commercialization of organic light emitting diod... More
Universal Display 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 Universal Display'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 Universal Display upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.37 | |||
| Information Ratio | 0.1013 | |||
| Maximum Drawdown | 17.15 | |||
| Value At Risk | (2.55) | |||
| Potential Upside | 5.66 |
Universal Display Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Universal Display's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Universal Display's standard deviation. In reality, there are many statistical measures that can use Universal Display historical prices to predict the future Universal Display's volatility.| Risk Adjusted Performance | 0.1508 | |||
| Jensen Alpha | 0.4215 | |||
| Total Risk Alpha | 0.0283 | |||
| Sortino Ratio | 0.1959 | |||
| Treynor Ratio | (2.34) |
Universal Display Backtested Returns
Universal Display appears to be very steady, given 3 months investment horizon. Universal Display owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Universal Display, which you can use to evaluate the volatility of the company. Please review Universal Display's Risk Adjusted Performance of 0.1508, coefficient of variation of 647.35, and Semi Deviation of 1.06 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Universal Display holds a performance score of 13. The entity has a beta of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Universal Display are expected to decrease at a much lower rate. During the bear market, Universal Display is likely to outperform the market. Please check Universal Display's maximum drawdown, semi variance, and the relationship between the sortino ratio and potential upside , to make a quick decision on whether Universal Display's existing price patterns will revert.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Universal Display has insignificant reverse predictability. Overlapping area represents the amount of predictability between Universal Display time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 Universal Display price movement. The serial correlation of -0.2 indicates that over 20.0% of current Universal Display price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 4.98 |
Universal Display lagged returns against current returns
Autocorrelation, which is Universal Display 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 Universal Display's stock expected returns. We can calculate the autocorrelation of Universal Display returns to help us make a trade decision. For example, suppose you find that Universal Display 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 |
Universal Display 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 Universal Display stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Universal Display stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Universal Display stock over time.
Current vs Lagged Prices |
| Timeline |
Universal Display Lagged Returns
When evaluating Universal Display's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Universal Display stock have on its future price. Universal Display 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, Universal Display autocorrelation shows the relationship between Universal Display stock current value and its past values and can show if there is a momentum factor associated with investing in Universal Display.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Universal Stock
When determining whether Universal Display is a strong investment it is important to analyze Universal Display's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Universal Display's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:Check out Universal Display Correlation, Universal Display Volatility and Universal Display Alpha and Beta module to complement your research on Universal Display. For more detail on how to invest in Universal Stock please use our How to Invest in Universal Display guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Universal Display 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.