UFP Industries (Germany) Price on December 18, 2023

UF3 Stock  EUR 108.05  0.00  0.00%   
If you're considering investing in UFP Stock, it is important to understand the factors that can impact its price. As of today, the current price of UFP Industries stands at 108.05, as last reported on the 27th of December, with the highest price reaching 108.05 and the lowest price hitting 108.05 during the day. UFP Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.047, which indicates the firm had a -0.047% return per unit of standard deviation over the last 3 months. UFP Industries exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UFP Industries' risk adjusted performance of (0.03), and Variance of 3.94 to confirm the risk estimate we provide.
  
UFP Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.047

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Estimated Market Risk

 2.03
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average UFP Industries 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 UFP Industries by adding UFP Industries to a well-diversified portfolio.

UFP Industries Valuation on December 18, 2023

It is possible to determine the worth of UFP Industries on a given historical date. On December 18, 2023 UFP was worth 110.82 at the beginning of the trading date compared to the closed value of 110.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UFP Industries stock. Still, in general, we apply an absolute valuation method to find UFP Industries' 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 UFP Industries where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UFP Industries' related companies.
 Open High Low Close Volume
  110.82    110.82    110.82    110.82    1.00  
12/18/2023
  110.82    110.82    110.82    110.82    1.00  
  108.45    110.57    108.45    110.57    30.00  
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Open Value
110.82
104.72
Downside
110.82
Closing Value
116.92
Upside

UFP Industries Trading Date Momentum on December 18, 2023

On December 19 2023 UFP Industries was traded for  110.57  at the closing time. The highest daily price throughout the period was 110.57  and the lowest price was  108.45 . The daily volume was 30.0. The net trading volume on 12/19/2023 added to the next day price reduction. The trading price change to closing price of the next trading day was 0.23% . The trading price change to current closing price is 1.21% .

UFP Industries Fundamentals Correlations and Trends

By evaluating UFP Industries' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among UFP Industries' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. UFP financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About UFP Industries Stock history

UFP Industries 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 UFP is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UFP Industries 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 UFP Industries stock prices may prove useful in developing a viable investing in UFP Industries
Universal Forest Products, Inc., through its subsidiaries, designs, manufactures, and markets wood and wood-alternative products in North America, Europe, Asia, and Australia. Universal Forest Products, Inc. was founded in 1955 and is headquartered in Grand Rapids, Michigan. Universal Forest operates under Lumber Wood Production classification in Germany and is traded on Frankfurt Stock Exchange. It employs 10000 people.

UFP Industries Stock Technical Analysis

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

UFP Industries Period Price Range

Low
December 27, 2024
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High

 0.00 

     

 0.00 

UFP Industries cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.

UFP Industries December 27, 2024 Market Strength

Market strength indicators help investors to evaluate how UFP Industries stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UFP Industries shares will generate the highest return on investment. By undertsting and applying UFP Industries stock market strength indicators, traders can identify UFP Industries entry and exit signals to maximize returns

UFP Industries Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for UFP Industries' price direction in advance. Along with the technical and fundamental analysis of UFP Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of UFP 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.

Complementary Tools for UFP Stock analysis

When running UFP Industries' price analysis, check to measure UFP Industries' 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 UFP Industries is operating at the current time. Most of UFP Industries' value examination focuses on studying past and present price action to predict the probability of UFP Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UFP Industries' price. Additionally, you may evaluate how the addition of UFP Industries to your portfolios can decrease your overall portfolio volatility.
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