Universal (Taiwan) Price on November 15, 2024
1325 Stock | TWD 24.75 0.25 1.00% |
If you're considering investing in Universal Stock, it is important to understand the factors that can impact its price. As of today, the current price of Universal stands at 24.75, as last reported on the 25th of December, with the highest price reaching 25.20 and the lowest price hitting 24.65 during the day. Universal owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0814, which indicates the firm had a -0.0814% return per unit of risk over the last 3 months. Universal exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Universal's Coefficient Of Variation of (1,216), risk adjusted performance of (0.06), and Variance of 2.48 to confirm the risk estimate we provide.
Universal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Universal |
Sharpe Ratio = -0.0814
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Negative Returns | 1325 |
Estimated Market Risk
1.61 actual daily | 14 86% of assets are more volatile |
Expected Return
-0.13 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Universal is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Universal by adding Universal to a well-diversified portfolio.
Universal Valuation on November 15, 2024
It is possible to determine the worth of Universal on a given historical date. On November 15, 2024 Universal was worth 27.1 at the beginning of the trading date compared to the closed value of 27.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Universal stock. Still, in general, we apply an absolute valuation method to find Universal's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Universal where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Universal's related companies.
Open | High | Low | Close | Volume | |
27.40 | 27.50 | 27.05 | 27.10 | 167,725 | |
11/15/2024 | 27.10 | 27.35 | 27.00 | 27.00 | 126,552 |
27.15 | 27.30 | 27.00 | 27.00 | 122,058 |
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Universal Trading Date Momentum on November 15, 2024
On November 18 2024 Universal was traded for 27.00 at the closing time. The highest price during the trading period was 27.30 and the lowest recorded bid was listed for 27.00 . The volume for the day was 122.1 K. This history from November 18, 2024 did not result in any price rise and fall. The trading price change to the current price is 3.33% . |
Universal Fundamentals Correlations and Trends
By evaluating Universal's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Universal's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Universal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Universal Stock history
Universal investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Universal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Universal will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Universal stock prices may prove useful in developing a viable investing in Universal
Universal Incorporation manufactures and sells non-woven fabrics and medical face masks in Taiwan. Universal Incorporation was founded in 1962 and is based in Taipei City, Taiwan. UNIVERSAL INC operates under Textile Manufacturing classification in Taiwan and is traded on Taiwan Stock Exchange.
Universal Stock Technical Analysis
Universal 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.
Price Boundaries
Universal Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
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Universal December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Universal stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Universal shares will generate the highest return on investment. By undertsting and applying Universal stock market strength indicators, traders can identify Universal entry and exit signals to maximize returns
Universal Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Universal's price direction in advance. Along with the technical and fundamental analysis of Universal Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Universal to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.06) | |||
Jensen Alpha | (0.14) | |||
Total Risk Alpha | (0.21) | |||
Treynor Ratio | (0.91) |
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Additional Tools for Universal Stock Analysis
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.