Unitronics (Israel) Price on August 15, 2024
UNIT Stock | ILS 2,576 85.00 3.19% |
If you're considering investing in Unitronics Stock, it is important to understand the factors that can impact its price. As of today, the current price of Unitronics stands at 2,576, as last reported on the 13th of December 2024, with the highest price reaching 2,718 and the lowest price hitting 2,576 during the day. Unitronics owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0126, which indicates the firm had a -0.0126% return per unit of risk over the last 3 months. Unitronics exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Unitronics' Risk Adjusted Performance of (0.09), coefficient of variation of (727.31), and Variance of 9.8 to confirm the risk estimate we provide.
Unitronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Unitronics |
Sharpe Ratio = -0.0126
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Estimated Market Risk
3.4 actual daily | 30 70% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Unitronics 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 Unitronics by adding Unitronics to a well-diversified portfolio.
Unitronics Valuation on August 15, 2024
It is possible to determine the worth of Unitronics on a given historical date. On August 15, 2024 Unitronics was worth 3571.59 at the beginning of the trading date compared to the closed value of 3263.58. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unitronics stock. Still, in general, we apply an absolute valuation method to find Unitronics' 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 Unitronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unitronics' related companies.
Open | High | Low | Close | Volume | |
3,576 | 3,576 | 3,531 | 3,540 | 7,510 | |
08/15/2024 | 3,572 | 3,572 | 3,198 | 3,264 | 22,815 |
3,268 | 3,286 | 3,159 | 3,170 | 9,656 |
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Unitronics Trading Date Momentum on August 15, 2024
On August 19 2024 Unitronics was traded for 3,170 at the closing time. The highest price during the trading period was 3,286 and the lowest recorded bid was listed for 3,159 . The volume for the day was 9.7 K. This history from August 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 2.86% . The trading price change to the current price is 7.86% . |
Unitronics Fundamentals Correlations and Trends
By evaluating Unitronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Unitronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Unitronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Unitronics Stock history
Unitronics 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 Unitronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unitronics 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 Unitronics stock prices may prove useful in developing a viable investing in Unitronics
Unitronics Ltd, together with its subsidiaries, designs, develops, produces, markets, and sells industrial automation products in Israel and internationally. Unitronics Ltd was founded in 1989 and is headquartered in Airport City, Israel. UNITRONICS operates under Semiconductors classification in Israel and is traded on Tel Aviv Stock Exchange. It employs 342 people.
Unitronics Stock Technical Analysis
Unitronics 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
Unitronics Period Price Range
Low | December 13, 2024
| High |
0.00 | 0.00 |
Unitronics cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv 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.
Unitronics December 13, 2024 Market Strength
Market strength indicators help investors to evaluate how Unitronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unitronics shares will generate the highest return on investment. By undertsting and applying Unitronics stock market strength indicators, traders can identify Unitronics entry and exit signals to maximize returns
Unitronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unitronics' price direction in advance. Along with the technical and fundamental analysis of Unitronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unitronics 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 | (0.09) | |||
Jensen Alpha | (0.40) | |||
Total Risk Alpha | (0.88) | |||
Treynor Ratio | 0.9981 |
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Pattern Recognition | ||
Price Transform | ||
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Volume Indicators |
Complementary Tools for Unitronics Stock analysis
When running Unitronics' price analysis, check to measure Unitronics' 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 Unitronics is operating at the current time. Most of Unitronics' value examination focuses on studying past and present price action to predict the probability of Unitronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unitronics' price. Additionally, you may evaluate how the addition of Unitronics to your portfolios can decrease your overall portfolio volatility.
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