Unitedhealth Group Cdr Stock Price on January 18, 2024
UNH Stock | 24.01 0.14 0.58% |
If you're considering investing in UnitedHealth Stock, it is important to understand the factors that can impact its price. As of today, the current price of UnitedHealth Group stands at 24.01, as last reported on the 26th of December, with the highest price reaching 24.10 and the lowest price hitting 23.82 during the day. UnitedHealth Group CDR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.094, which indicates the firm had a -0.094% return per unit of risk over the last 3 months. UnitedHealth Group CDR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UnitedHealth Group's Coefficient Of Variation of (1,212), risk adjusted performance of (0.06), and Variance of 4.57 to confirm the risk estimate we provide.
UnitedHealth Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
UnitedHealth |
Sharpe Ratio = -0.094
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Estimated Market Risk
2.18 actual daily | 19 81% of assets are more volatile |
Expected Return
-0.21 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average UnitedHealth Group 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 UnitedHealth Group by adding UnitedHealth Group to a well-diversified portfolio.
Price Book 4.6634 | Enterprise Value Ebitda 18.1562 | Price Sales 1.6991 | Shares Float 917.8 M | Dividend Share 7.96 |
UnitedHealth Group Valuation on January 18, 2024
It is possible to determine the worth of UnitedHealth Group on a given historical date. On January 18, 2024 UnitedHealth was worth 24.18 at the beginning of the trading date compared to the closed value of 24.57. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UnitedHealth Group stock. Still, in general, we apply an absolute valuation method to find UnitedHealth Group'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 UnitedHealth Group where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UnitedHealth Group's related companies.
Open | High | Low | Close | Volume | |
24.85 | 25.20 | 24.83 | 24.98 | 56,333 | |
01/18/2024 | 24.18 | 24.58 | 23.70 | 24.57 | 68,389 |
24.62 | 24.62 | 23.88 | 23.95 | 78,637 |
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UnitedHealth Group Trading Date Momentum on January 18, 2024
On January 19 2024 UnitedHealth Group CDR was traded for 23.95 at the closing time. The highest price during the trading period was 24.62 and the lowest recorded bid was listed for 23.88 . The volume for the day was 78.6 K. This history from January 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.52% . The trading price change to the current price is 2.60% . |
UnitedHealth Group CDR Fundamentals Correlations and Trends
By evaluating UnitedHealth Group'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 UnitedHealth Group's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. UnitedHealth financial account trend analysis is a perfect complement when working with valuation or volatility modules.About UnitedHealth Group Stock history
UnitedHealth Group 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 UnitedHealth is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UnitedHealth Group CDR 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 UnitedHealth Group stock prices may prove useful in developing a viable investing in UnitedHealth Group
UnitedHealth Group Stock Technical Analysis
UnitedHealth Group 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
UnitedHealth Group Period Price Range
Low | December 26, 2024
| High |
0.00 | 0.00 |
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UnitedHealth Group December 26, 2024 Market Strength
Market strength indicators help investors to evaluate how UnitedHealth Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UnitedHealth Group shares will generate the highest return on investment. By undertsting and applying UnitedHealth Group stock market strength indicators, traders can identify UnitedHealth Group CDR entry and exit signals to maximize returns
UnitedHealth Group Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UnitedHealth Group's price direction in advance. Along with the technical and fundamental analysis of UnitedHealth Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of UnitedHealth 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 | (0.06) | |||
Jensen Alpha | (0.20) | |||
Total Risk Alpha | (0.28) | |||
Treynor Ratio | (0.65) |
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Other Information on Investing in UnitedHealth Stock
UnitedHealth Group financial ratios help investors to determine whether UnitedHealth Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in UnitedHealth with respect to the benefits of owning UnitedHealth Group security.