Unity Foods (Pakistan) Price on November 25, 2024
| UNITY Stock | 36.06 0.63 1.72% |
If you're considering investing in Unity Stock, it is important to understand the factors that can impact its price. As of today, the current price of Unity Foods stands at 36.06, as last reported on the 14th of December 2024, with the highest price reaching 36.88 and the lowest price hitting 35.01 during the day. Unity Foods appears to be very steady, given 3 months investment horizon. Unity Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Unity Foods, which you can use to evaluate the volatility of the company. Please review Unity Foods' Risk Adjusted Performance of 0.1121, semi deviation of 1.32, and Coefficient Of Variation of 690.28 to confirm if our risk estimates are consistent with your expectations.
Unity Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Unity |
Sharpe Ratio = 0.1584
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Estimated Market Risk
| 2.49 actual daily | 22 78% of assets are more volatile |
Expected Return
| 0.39 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Unity Foods is performing at about 12% 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 Unity Foods by adding it to a well-diversified portfolio.
Unity Foods Valuation on November 25, 2024
It is possible to determine the worth of Unity Foods on a given historical date. On November 25, 2024 Unity was worth 27.2 at the beginning of the trading date compared to the closed value of 27.51. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unity Foods stock. Still, in general, we apply an absolute valuation method to find Unity Foods' 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 Unity Foods where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unity Foods' related companies.
| Open | High | Low | Close | Volume | |
| 27.44 | 28.00 | 27.31 | 27.49 | 2,699,751 | |
11/25/2024 | 27.20 | 27.78 | 27.20 | 27.51 | 418,207 |
| 27.51 | 28.23 | 27.40 | 27.50 | 4,559,088 |
| Backtest Unity Foods | | | Unity Foods History | | | Unity Foods Valuation | Previous | Next |
Unity Foods Trading Date Momentum on November 25, 2024
| On November 26 2024 Unity Foods was traded for 27.50 at the closing time. The highest price during the trading period was 28.23 and the lowest recorded bid was listed for 27.40 . The volume for the day was 4.6 M. This history from November 26, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.04% . The trading price change to the current price is 16.32% . |
About Unity Foods Stock history
Unity Foods 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 Unity is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unity Foods 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 Unity Foods stock prices may prove useful in developing a viable investing in Unity Foods
Unity Foods Stock Technical Analysis
Unity Foods 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
Unity Foods Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
Unity Foods cannot be verified against its exchange. Please verify the symbol is currently traded on Karachi 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.
Unity Foods December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Unity Foods stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unity Foods shares will generate the highest return on investment. By undertsting and applying Unity Foods stock market strength indicators, traders can identify Unity Foods entry and exit signals to maximize returns
Unity Foods Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unity Foods' price direction in advance. Along with the technical and fundamental analysis of Unity Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unity 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 | 0.1121 | |||
| Jensen Alpha | 0.355 | |||
| Total Risk Alpha | 0.0406 | |||
| Sortino Ratio | 0.1612 | |||
| Treynor Ratio | (3.47) |
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Other Information on Investing in Unity Stock
Unity Foods financial ratios help investors to determine whether Unity 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 Unity with respect to the benefits of owning Unity Foods security.