UNIVERSAL INSURANCE (Nigeria) Price on September 20, 2023
| UNIVINSURE | 0.79 0.07 9.72% |
If you're considering investing in UNIVERSAL Stock, it is important to understand the factors that can impact its price. As of today, the current price of UNIVERSAL INSURANCE stands at 0.79, as last reported on the 5th of January, with the highest price reaching 0.79 and the lowest price hitting 0.72 during the day. UNIVERSAL INSURANCE is abnormally volatile given 3 months investment horizon. UNIVERSAL INSURANCE PANY owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.31, which indicates the firm had a 0.31% return per unit of volatility over the last 3 months. We were able to interpolate data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.35% are justified by taking the suggested risk. Use UNIVERSAL INSURANCE PANY coefficient of variation of 327.18, and Risk Adjusted Performance of 0.2561 to evaluate company specific risk that cannot be diversified away.
UNIVERSAL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
UNIVERSAL |
Sharpe Ratio = 0.3056
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Estimated Market Risk
| 4.41 actual daily | 39 61% of assets are more volatile |
Expected Return
| 1.35 actual daily | 26 74% of assets have higher returns |
Risk-Adjusted Return
| 0.31 actual daily | 24 76% of assets perform better |
Based on monthly moving average UNIVERSAL INSURANCE is performing at about 24% 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 UNIVERSAL INSURANCE by adding it to a well-diversified portfolio.
UNIVERSAL INSURANCE Valuation on September 20, 2023
It is possible to determine the worth of UNIVERSAL INSURANCE on a given historical date. On September 20, 2023 UNIVERSAL was worth 0.21 at the beginning of the trading date compared to the closed value of 0.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UNIVERSAL INSURANCE stock. Still, in general, we apply an absolute valuation method to find UNIVERSAL INSURANCE'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 UNIVERSAL INSURANCE where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UNIVERSAL INSURANCE's related companies.
| Open | High | Low | Close | Volume | |
| 0.21 | 0.21 | 0.21 | 0.21 | 235,152,406 | |
09/20/2023 | 0.21 | 0.21 | 0.21 | 0.21 | 19,604,080 |
| 0.21 | 0.21 | 0.21 | 0.21 | 669,012,250 |
| Backtest UNIVERSAL INSURANCE | | | UNIVERSAL INSURANCE History | Previous | Next |
UNIVERSAL INSURANCE Trading Date Momentum on September 20, 2023
| On September 21 2023 UNIVERSAL INSURANCE PANY was traded for 0.21 at the closing time. The highest price during the trading period was 0.21 and the lowest recorded bid was listed for 0.21 . The volume for the day was 669 M. This history from September 21, 2023 did not result in any price rise and fall. The trading price change to the current price is 4.76% . |
Price Boundaries
UNIVERSAL INSURANCE Period Price Range
Low | January 5, 2025
| High |
0.00 | 0.00 |
UNIVERSAL INSURANCE PANY cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian 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.
UNIVERSAL INSURANCE January 5, 2025 Market Strength
Market strength indicators help investors to evaluate how UNIVERSAL INSURANCE stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UNIVERSAL INSURANCE shares will generate the highest return on investment. By undertsting and applying UNIVERSAL INSURANCE stock market strength indicators, traders can identify UNIVERSAL INSURANCE PANY entry and exit signals to maximize returns
UNIVERSAL INSURANCE Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UNIVERSAL INSURANCE's price direction in advance. Along with the technical and fundamental analysis of UNIVERSAL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of UNIVERSAL 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 | 0.2561 | |||
| Jensen Alpha | 1.34 | |||
| Total Risk Alpha | 1.27 | |||
| Sortino Ratio | 0.3067 | |||
| Treynor Ratio | (5.19) |
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Additional Tools for UNIVERSAL Stock Analysis
When running UNIVERSAL INSURANCE's price analysis, check to measure UNIVERSAL INSURANCE'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 UNIVERSAL INSURANCE is operating at the current time. Most of UNIVERSAL INSURANCE's value examination focuses on studying past and present price action to predict the probability of UNIVERSAL INSURANCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UNIVERSAL INSURANCE's price. Additionally, you may evaluate how the addition of UNIVERSAL INSURANCE to your portfolios can decrease your overall portfolio volatility.