Unifi Inc Stock Price on August 28, 2024
UFI Stock | USD 5.47 0.02 0.36% |
If you're considering investing in Unifi Stock, it is important to understand the factors that can impact its price. As of today, the current price of Unifi stands at 5.47, as last reported on the 11th of December 2024, with the highest price reaching 5.56 and the lowest price hitting 5.44 during the day. Unifi Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0684, which indicates the firm had a -0.0684% return per unit of risk over the last 3 months. Unifi Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Unifi's Coefficient Of Variation of (1,462), variance of 10.13, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
Unifi Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Unifi |
Sharpe Ratio = -0.0684
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Estimated Market Risk
3.18 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.22 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Unifi 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 Unifi by adding Unifi to a well-diversified portfolio.
Unifi Valuation on August 28, 2024
It is possible to determine the worth of Unifi on a given historical date. On August 28, 2024 Unifi was worth 7.04 at the beginning of the trading date compared to the closed value of 7.28. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unifi stock. Still, in general, we apply an absolute valuation method to find Unifi'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 Unifi where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unifi's related companies.
Open | High | Low | Close | Volume | |
7.82 | 7.91 | 7.07 | 7.15 | 68,784 | |
08/28/2024 | 7.04 | 7.40 | 7.00 | 7.28 | 45,178 |
7.08 | 7.28 | 6.98 | 7.03 | 43,014 |
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Unifi Trading Date Momentum on August 28, 2024
On August 29 2024 Unifi Inc was traded for 7.03 at the closing time. Highest Unifi's price during the trading hours was 7.28 and the lowest price during the day was 6.98 . The net volume was 43 K. The overall trading history on the 29th of August contributed to the next trading period price depreciation. The trading price change to the next next day price was 3.43% . The trading price change to current price is 5.08% . |
Unifi Inc Fundamentals Correlations and Trends
By evaluating Unifi'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 Unifi's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Unifi financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Unifi Stock history
Unifi 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 Unifi is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unifi Inc 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 Unifi stock prices may prove useful in developing a viable investing in Unifi
Unifi, Inc., together with its subsidiaries, manufactures and sells recycled and synthetic products in the United States, China, Brazil, and internationally. Unifi, Inc. was incorporated in 1969 and is headquartered in Greensboro, North Carolina. Unifi operates under Textile Manufacturing classification in the United States and is traded on New York Stock Exchange. It employs 3100 people.
Unifi Stock Technical Analysis
Unifi 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
Unifi Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Unifi December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Unifi stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unifi shares will generate the highest return on investment. By undertsting and applying Unifi stock market strength indicators, traders can identify Unifi Inc entry and exit signals to maximize returns
Unifi Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unifi's price direction in advance. Along with the technical and fundamental analysis of Unifi Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unifi 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 | (0.04) | |||
Jensen Alpha | (0.38) | |||
Total Risk Alpha | (0.73) | |||
Treynor Ratio | (0.17) |
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Volume Indicators |
Complementary Tools for Unifi Stock analysis
When running Unifi's price analysis, check to measure Unifi'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 Unifi is operating at the current time. Most of Unifi's value examination focuses on studying past and present price action to predict the probability of Unifi's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unifi's price. Additionally, you may evaluate how the addition of Unifi to your portfolios can decrease your overall portfolio volatility.
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