United Radiant (Taiwan) Price on October 30, 2023
| 5315 Stock | TWD 20.25 0.15 0.74% |
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. As of today, the current price of United Radiant stands at 20.25, as last reported on the 29th of December, with the highest price reaching 20.50 and the lowest price hitting 20.25 during the day. At this stage we consider United Stock to be not too volatile. United Radiant Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0525, which indicates the firm had a 0.0525% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for United Radiant Technology, which you can use to evaluate the volatility of the company. Please validate United Radiant's Semi Deviation of 2.19, coefficient of variation of 2201.23, and Risk Adjusted Performance of 0.0436 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%.
United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
United |
Sharpe Ratio = 0.0525
| Best Portfolio | Best Equity | |||
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| Small Returns | 5315 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 3.02 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average United Radiant is performing at about 4% of its full potential. 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 United Radiant by adding it to a well-diversified portfolio.
United Radiant Valuation on October 30, 2023
It is possible to determine the worth of United Radiant on a given historical date. On October 30, 2023 United was worth 18.05 at the beginning of the trading date compared to the closed value of 17.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Radiant stock. Still, in general, we apply an absolute valuation method to find United Radiant'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 United Radiant where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Radiant's related companies.
| Open | High | Low | Close | Volume | |
| 18.15 | 18.15 | 17.90 | 17.90 | 66,000 | |
10/30/2023 | 18.05 | 18.05 | 17.90 | 17.95 | 23,000 |
| 17.95 | 18.10 | 17.80 | 17.80 | 70,000 |
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United Radiant Trading Date Momentum on October 30, 2023
| On October 31 2023 United Radiant Technology was traded for 17.80 at the closing time. The highest price during the trading period was 18.10 and the lowest recorded bid was listed for 17.80 . The volume for the day was 70 K. This history from October 31, 2023 contributed to the next trading day price decline. The daily price change to the next closing price was 0.84% . The trading price change to the current price is 0.56% . |
United Radiant Technology Fundamentals Correlations and Trends
By evaluating United Radiant'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 United Radiant's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United Radiant Stock history
United Radiant 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 United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United Radiant Technology 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 United Radiant stock prices may prove useful in developing a viable investing in United Radiant
United Radiant Stock Technical Analysis
United Radiant 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
United Radiant Period Price Range
Low | December 29, 2024
| High |
0.00 | 0.00 |
United Radiant Technology cannot be verified against its exchange. Please verify the symbol is currently traded on Taiwan OTC 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.
United Radiant December 29, 2024 Market Strength
Market strength indicators help investors to evaluate how United Radiant stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Radiant shares will generate the highest return on investment. By undertsting and applying United Radiant stock market strength indicators, traders can identify United Radiant Technology entry and exit signals to maximize returns
United Radiant Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Radiant's price direction in advance. Along with the technical and fundamental analysis of United Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United 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 | 0.0436 | |||
| Jensen Alpha | 0.1316 | |||
| Total Risk Alpha | 0.0428 | |||
| Sortino Ratio | 0.0409 | |||
| Treynor Ratio | (0.53) |
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Additional Tools for United Stock Analysis
When running United Radiant's price analysis, check to measure United Radiant'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 United Radiant is operating at the current time. Most of United Radiant's value examination focuses on studying past and present price action to predict the probability of United Radiant's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Radiant's price. Additionally, you may evaluate how the addition of United Radiant to your portfolios can decrease your overall portfolio volatility.