U Media (Taiwan) Price on May 23, 2024
| 6470 Stock | 53.50 2.10 4.09% |
If you're considering investing in 6470 Stock, it is important to understand the factors that can impact its price. As of today, the current price of U Media stands at 53.50, as last reported on the 4th of December, with the highest price reaching 55.30 and the lowest price hitting 51.90 during the day. U Media appears to be very steady, given 3 months investment horizon. U Media Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for U Media Communications, which you can use to evaluate the volatility of the entity. Please review U Media's Market Risk Adjusted Performance of 0.2688, risk adjusted performance of 0.0548, and Downside Deviation of 1.71 to confirm if our risk estimates are consistent with your expectations.
6470 Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
6470 |
Sharpe Ratio = 0.1104
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Estimated Market Risk
| 1.83 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average U Media is performing at about 8% 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 U Media by adding it to a well-diversified portfolio.
U Media Valuation on May 23, 2024
It is possible to determine the worth of U Media on a given historical date. On May 23, 2024 6470 was worth 57.5 at the beginning of the trading date compared to the closed value of 56.6. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of U Media stock. Still, in general, we apply an absolute valuation method to find U Media'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 U Media where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against U Media's related companies.
| Open | High | Low | Close | Volume | |
| 57.70 | 57.70 | 57.00 | 57.50 | 233,000 | |
05/23/2024 | 57.50 | 57.50 | 56.60 | 56.60 | 137,000 |
| 56.50 | 57.40 | 56.00 | 57.20 | 158,000 |
| Backtest U Media | | | U Media History | | | U Media Valuation | Previous | Next |
U Media Trading Date Momentum on May 23, 2024
| On May 24 2024 U Media Communications was traded for 57.20 at the closing time. The highest price during the trading period was 57.40 and the lowest recorded bid was listed for 56.00 . The volume for the day was 158 K. This history from May 24, 2024 contributed to the next trading day price increase. The daily price change to the next closing price was 1.06% . The trading price change to the current price is 1.24% . |
U Media Communications Fundamentals Correlations and Trends
By evaluating U Media'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 U Media's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. 6470 financial account trend analysis is a perfect complement when working with valuation or volatility modules.About U Media Stock history
U Media 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 6470 is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in U Media Communications 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 U Media stock prices may prove useful in developing a viable investing in U Media
U Media Stock Technical Analysis
U Media 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
U Media Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
U Media Communications 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.
U Media December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how U Media stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading U Media shares will generate the highest return on investment. By undertsting and applying U Media stock market strength indicators, traders can identify U Media Communications entry and exit signals to maximize returns
U Media Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for U Media's price direction in advance. Along with the technical and fundamental analysis of 6470 Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of 6470 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 | 0.0548 | |||
| Jensen Alpha | 0.0658 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.0036 | |||
| Treynor Ratio | 0.2588 |
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Additional Tools for 6470 Stock Analysis
When running U Media's price analysis, check to measure U Media'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 U Media is operating at the current time. Most of U Media's value examination focuses on studying past and present price action to predict the probability of U Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move U Media's price. Additionally, you may evaluate how the addition of U Media to your portfolios can decrease your overall portfolio volatility.