Universal Long Term Investments from 2010 to 2024
| UVV Stock | USD 54.07 0.26 0.48% |
Long Term Investments | First Reported 2010-06-30 | Previous Quarter 70.6 M | Current Value 75.3 M | Quarterly Volatility 137.1 M |
Check Universal financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Universal main balance sheet or income statement drivers, such as Depreciation And Amortization of 48.1 M, Interest Expense of 59.5 M or Total Revenue of 2.1 B, as well as many exotic indicators such as Price To Sales Ratio of 0.34, Dividend Yield of 0.0405 or PTB Ratio of 1.6. Universal financial statements analysis is a perfect complement when working with Universal Valuation or Volatility modules.
Universal | Long Term Investments |
Latest Universal's Long Term Investments Growth Pattern
Below is the plot of the Long Term Investments of Universal over the last few years. Long Term Investments is an item on the asset side of Universal balance sheet that represents investments Universal intends to hold for over a year. Universal long term investments may include different instruments such as stocks, bonds, real estate and cash. It is Universal's Long Term Investments historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Universal's overall financial position and show how it may be relating to other accounts over time.
| Long Term Investments | 10 Years Trend |
|
Long Term Investments |
| Timeline |
Universal Long Term Investments Regression Statistics
| Arithmetic Mean | 84,161,302 | |
| Geometric Mean | 83,421,997 | |
| Coefficient Of Variation | 14.24 | |
| Mean Deviation | 8,940,292 | |
| Median | 81,006,000 | |
| Standard Deviation | 11,987,370 | |
| Sample Variance | 143.7T | |
| Range | 46.9M | |
| R-Value | (0.81) | |
| Mean Square Error | 54.1T | |
| R-Squared | 0.65 | |
| Significance | 0.0003 | |
| Slope | (2,161,843) | |
| Total Sum of Squares | 2011.8T |
Universal Long Term Investments History
About Universal Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Universal income statement, its balance sheet, and the statement of cash flows. Universal investors use historical funamental indicators, such as Universal's Long Term Investments, to determine how well the company is positioned to perform in the future. Although Universal investors may use each financial statement separately, they are all related. The changes in Universal's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Universal's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Universal Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Universal. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Long Term Investments | 68.6 M | 69.2 M |
Pair Trading with Universal
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 Universal 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 Universal will appreciate offsetting losses from the drop in the long position's value.Moving together with Universal Stock
| 0.91 | PM | Philip Morris Intern | PairCorr |
| 0.83 | CCU | Compania Cervecerias | PairCorr |
Moving against Universal Stock
| 0.7 | PAVS | Paranovus Entertainment | PairCorr |
| 0.64 | HPCO | Hempacco | PairCorr |
| 0.6 | EL | Estee Lauder Companies Fiscal Year End 16th of August 2024 | PairCorr |
| 0.59 | ABEV | Ambev SA ADR Aggressive Push | PairCorr |
| 0.57 | GO | Grocery Outlet Holding | PairCorr |
The ability to find closely correlated positions to Universal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal 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 Universal - 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 Universal to buy it.
The correlation of Universal 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 Universal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal 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 Universal 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 the analysis of Universal Correlation against competitors. For more information on how to buy Universal Stock please use our How to Invest in Universal guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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When running Universal's price analysis, check to measure Universal'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 Universal is operating at the current time. Most of Universal's value examination focuses on studying past and present price action to predict the probability of Universal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal's price. Additionally, you may evaluate how the addition of Universal to your portfolios can decrease your overall portfolio volatility.
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Is Universal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.269 | Dividend Share 3.19 | Earnings Share 5.32 | Revenue Per Share 107.58 | Quarterly Revenue Growth 0.033 |
The market value of Universal is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal's value that differs from its market value or its book value, called intrinsic value, which is Universal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal's market value can be influenced by many factors that don't directly affect Universal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal'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.