Ultra Clean Holdings Stock Price on December 19, 2024
| UCTT Stock | USD 36.37 1.37 3.91% |
If you're considering investing in Ultra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ultra Clean stands at 36.37, as last reported on the 23rd of December, with the highest price reaching 36.40 and the lowest price hitting 35.17 during the day. Currently, Ultra Clean Holdings is very steady. Ultra Clean Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.038, which indicates the firm had a 0.038% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Ultra Clean Holdings, which you can use to evaluate the volatility of the company. Please validate Ultra Clean's Risk Adjusted Performance of 0.0377, semi deviation of 3.01, and Coefficient Of Variation of 2631.41 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%.
Ultra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultra |
Sharpe Ratio = 0.038
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| Cash | Small Risk | UCTT | High Risk | Huge Risk |
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Estimated Market Risk
| 3.35 actual daily | 29 71% of assets are more volatile |
Expected Return
| 0.13 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Ultra Clean is performing at about 2% 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 Ultra Clean by adding it to a well-diversified portfolio.
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Ultra Clean Valuation on December 19, 2024
It is possible to determine the worth of Ultra Clean on a given historical date. On December 19, 2024 Ultra was worth 36.3 at the beginning of the trading date compared to the closed value of 34.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultra Clean stock. Still, in general, we apply an absolute valuation method to find Ultra Clean'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 Ultra Clean where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultra Clean's related companies.
| Open | High | Low | Close | Volume | |
| 37.81 | 39.46 | 35.99 | 36.43 | 530,560 | |
12/19/2024 | 36.30 | 36.46 | 34.47 | 34.96 | 401,570 |
| 34.55 | 35.70 | 34.40 | 35.00 | 858,929 |
| Backtest Ultra Clean | | | Ultra Clean History | | | Ultra Clean Valuation | Previous | Next |
Ultra Clean Trading Date Momentum on December 19, 2024
| On December 20 2024 Ultra Clean Holdings was traded for 35.00 at the closing time. The top price for the day was 35.70 and the lowest listed price was 34.40 . The trading volume for the day was 858.9 K. The trading history from December 20, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.11% . The trading price change against the current closing price is 0.72% . |
Ultra Clean Holdings Fundamentals Correlations and Trends
By evaluating Ultra Clean'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 Ultra Clean's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ultra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ultra Clean Stock history
Ultra Clean 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 Ultra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultra Clean Holdings 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 Ultra Clean stock prices may prove useful in developing a viable investing in Ultra Clean
Ultra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company was founded in 1991 and is headquartered in Hayward, California. Ultra Clean operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 5860 people.
Ultra Clean Stock Technical Analysis
Ultra Clean 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
Ultra Clean Period Price Range
Low | December 23, 2024
| High |
0.00 | 0.00 |
Ultra Clean Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Ultra Clean December 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultra Clean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ultra Clean shares will generate the highest return on investment. By undertsting and applying Ultra Clean stock market strength indicators, traders can identify Ultra Clean Holdings entry and exit signals to maximize returns
Ultra Clean Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultra Clean's price direction in advance. Along with the technical and fundamental analysis of Ultra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultra 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 | 0.0377 | |||
| Jensen Alpha | 0.1089 | |||
| Total Risk Alpha | 0.0193 | |||
| Sortino Ratio | 0.0292 | |||
| Treynor Ratio | 0.326 |
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Additional Tools for Ultra Stock Analysis
When running Ultra Clean's price analysis, check to measure Ultra Clean'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 Ultra Clean is operating at the current time. Most of Ultra Clean's value examination focuses on studying past and present price action to predict the probability of Ultra Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Clean's price. Additionally, you may evaluate how the addition of Ultra Clean to your portfolios can decrease your overall portfolio volatility.