Union Chemicals (Sri Lanka) Price on December 12, 2024
| UCARN0000 | 729.75 10.25 1.39% |
If you're considering investing in Union Stock, it is important to understand the factors that can impact its price. As of today, the current price of Union Chemicals stands at 729.75, as last reported on the 18th of January 2025, with the highest price reaching 747.50 and the lowest price hitting 729.75 during the day. At this point, Union Chemicals is very steady. Union Chemicals Lanka 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. We have found twenty-nine technical indicators for Union Chemicals Lanka, which you can use to evaluate the volatility of the company. Please validate Union Chemicals' Coefficient Of Variation of 889.25, semi deviation of 0.7005, and Risk Adjusted Performance of 0.0971 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%.
Union Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Union |
Sharpe Ratio = 0.156
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | UCARN0000 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.98 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Union Chemicals is performing at about 12% 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 Union Chemicals by adding it to a well-diversified portfolio.
Union Chemicals Valuation on December 12, 2024
It is possible to determine the worth of Union Chemicals on a given historical date. On December 12, 2024 Union was worth 709.0 at the beginning of the trading date compared to the closed value of 696.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Union Chemicals stock. Still, in general, we apply an absolute valuation method to find Union Chemicals' 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 Union Chemicals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Union Chemicals' related companies.
| Open | High | Low | Close | Volume | |
| 696.00 | 709.00 | 695.00 | 696.25 | 61.00 | |
12/12/2024 | 709.00 | 710.00 | 695.25 | 696.25 | 90.00 |
| 695.00 | 718.00 | 691.50 | 717.00 | 410.00 |
| Backtest Union Chemicals | | | Union Chemicals History | Previous | Next |
Union Chemicals Trading Date Momentum on December 12, 2024
| On December 13 2024 Union Chemicals Lanka was traded for 717.00 at the closing time. The highest price during the trading period was 718.00 and the lowest recorded bid was listed for 691.50 . The volume for the day was 410. This history from December 13, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 2.98% . The trading price change to the current price is 1.97% . |
About Union Chemicals Stock history
Union Chemicals 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 Union is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Union Chemicals Lanka 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 Union Chemicals stock prices may prove useful in developing a viable investing in Union Chemicals
Union Chemicals Stock Technical Analysis
Union Chemicals 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
Union Chemicals Period Price Range
Low | January 18, 2025
| High |
0.00 | 0.00 |
Union Chemicals Lanka cannot be verified against its exchange. Please verify the symbol is currently traded on Colombo 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.
Union Chemicals January 18, 2025 Market Strength
Market strength indicators help investors to evaluate how Union Chemicals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Union Chemicals shares will generate the highest return on investment. By undertsting and applying Union Chemicals stock market strength indicators, traders can identify Union Chemicals Lanka entry and exit signals to maximize returns
Union Chemicals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Union Chemicals' price direction in advance. Along with the technical and fundamental analysis of Union Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Union 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 | 0.0971 | |||
| Jensen Alpha | 0.1333 | |||
| Total Risk Alpha | 0.0981 | |||
| Sortino Ratio | 0.0654 | |||
| Treynor Ratio | (0.38) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Union Stock analysis
When running Union Chemicals' price analysis, check to measure Union Chemicals' 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 Union Chemicals is operating at the current time. Most of Union Chemicals' value examination focuses on studying past and present price action to predict the probability of Union Chemicals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Chemicals' price. Additionally, you may evaluate how the addition of Union Chemicals to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |