Universal Textile (Taiwan) Price on August 14, 2024

1445 Stock  TWD 17.05  0.25  1.49%   
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 Textile stands at 17.05, as last reported on the 15th of December 2024, with the highest price reaching 17.50 and the lowest price hitting 16.80 during the day. Universal Textile owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Universal Textile Co exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Universal Textile's Coefficient Of Variation of (1,266), risk adjusted performance of (0.05), and Variance of 1.47 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.

Sharpe Ratio = -0.1581

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Estimated Market Risk

 1.13
  actual daily
10
90% of assets are more volatile

Expected Return

 -0.18
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.16
  actual daily
0
Most of other assets perform better
Based on monthly moving average Universal Textile 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 Textile by adding Universal Textile to a well-diversified portfolio.

Universal Textile Valuation on August 14, 2024

It is possible to determine the worth of Universal Textile on a given historical date. On August 14, 2024 Universal was worth 17.9 at the beginning of the trading date compared to the closed value of 17.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Universal Textile stock. Still, in general, we apply an absolute valuation method to find Universal Textile'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 Textile where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Universal Textile's related companies.
 Open High Low Close Volume
  17.50    18.50    17.40    17.85    1,674,258  
08/14/2024
  17.90    18.15    17.65    17.80    448,085  
  18.15    18.15    17.55    18.10    360,883  
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Open Value
17.9
17.8
Closing Value
21.30
Upside

Universal Textile Trading Date Momentum on August 14, 2024

On August 15 2024 Universal Textile Co was traded for  18.10  at the closing time. The highest price during the trading period was 18.15  and the lowest recorded bid was listed for  17.55 . The volume for the day was 360.9 K. This history from August 15, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.69% . The trading price change to the current price is 10.11% .

Universal Textile Fundamentals Correlations and Trends

By evaluating Universal Textile'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 Textile'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 Textile Stock history

Universal Textile 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 Textile 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 Textile stock prices may prove useful in developing a viable investing in Universal Textile
Universal Textile Co., Ltd. manufactures and sells fabrics in Taiwan. Universal Textile Co., Ltd. was founded in 1969 and is headquartered in Taipei, Taiwan. UNIVERSAL TEXTILE is traded on Taiwan Stock Exchange in Taiwan.

Universal Textile Stock Technical Analysis

Universal Textile 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.
A focus of Universal Textile technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Universal Textile 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...

Price Boundaries

Universal Textile Period Price Range

Low
December 15, 2024
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Universal Textile Co cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Universal Textile December 15, 2024 Market Strength

Market strength indicators help investors to evaluate how Universal Textile 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 Textile shares will generate the highest return on investment. By undertsting and applying Universal Textile stock market strength indicators, traders can identify Universal Textile Co entry and exit signals to maximize returns

Universal Textile Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Universal Textile'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.

Additional Tools for Universal Stock Analysis

When running Universal Textile's price analysis, check to measure Universal Textile'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 Textile is operating at the current time. Most of Universal Textile's value examination focuses on studying past and present price action to predict the probability of Universal Textile'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 Textile's price. Additionally, you may evaluate how the addition of Universal Textile to your portfolios can decrease your overall portfolio volatility.