Universal Stainless Alloy Stock Price on January 2, 2025
| USAP Stock | USD 43.89 0.04 0.09% |
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 Stainless stands at 43.89, as last reported on the 7th of January, with the highest price reaching 43.96 and the lowest price hitting 43.58 during the day. Currently, Universal Stainless Alloy is very steady. Universal Stainless Alloy 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 Universal Stainless Alloy, which you can use to evaluate the volatility of the company. Please validate Universal Stainless' Downside Deviation of 0.4249, standard deviation of 1.07, and Risk Adjusted Performance of 0.1325 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%.
Universal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Universal |
Sharpe Ratio = 0.1608
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Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.17 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Universal Stainless 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 Universal Stainless by adding it to a well-diversified portfolio.
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U.S. Steel was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Universal Stainless Valuation on January 2, 2025
It is possible to determine the worth of Universal Stainless on a given historical date. On January 2, 2025 Universal was worth 44.24 at the beginning of the trading date compared to the closed value of 43.68. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Universal Stainless stock. Still, in general, we apply an absolute valuation method to find Universal Stainless' 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 Stainless where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Universal Stainless' related companies.
| Open | High | Low | Close | Volume | |
| 43.91 | 44.23 | 43.89 | 44.03 | 371,434 | |
01/02/2025 | 44.24 | 44.24 | 43.37 | 43.68 | 318,444 |
| 43.82 | 43.86 | 43.37 | 43.85 | 166,510 |
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Universal Stainless Trading Date Momentum on January 2, 2025
| On January 03 2025 Universal Stainless Alloy was traded for 43.85 at the closing time. The top price for the day was 43.86 and the lowest listed price was 43.37 . The trading volume for the day was 166.5 K. The trading history from January 3, 2025 was a factor to the next trading day price gain. The trading price change against the next closing price was 0.39% . The trading price change against the current closing price is 0.43% . |
Universal Stainless Alloy Fundamentals Correlations and Trends
By evaluating Universal Stainless' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Universal Stainless' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Universal financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Universal Stainless Stock history
Universal Stainless 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 Universal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Universal Stainless Alloy 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 Universal Stainless stock prices may prove useful in developing a viable investing in Universal Stainless
Universal Stainless Alloy Products, Inc., together with its subsidiaries, manufactures and markets semi-finished and finished specialty steel products in the United States and internationally. Universal Stainless Alloy Products, Inc. was incorporated in 1994 and is headquartered in Bridgeville, Pennsylvania. Universal Stainles operates under Steel classification in the United States and is traded on NASDAQ Exchange. It employs 558 people.
Universal Stainless Stock Technical Analysis
Universal Stainless 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
Universal Stainless Period Price Range
Low | January 7, 2025
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0.00 | 0.00 |
Universal Stainless Alloy cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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 Stainless January 7, 2025 Market Strength
Market strength indicators help investors to evaluate how Universal Stainless 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 Stainless shares will generate the highest return on investment. By undertsting and applying Universal Stainless stock market strength indicators, traders can identify Universal Stainless Alloy entry and exit signals to maximize returns
Universal Stainless Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Universal Stainless' 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 | 0.1325 | |||
| Jensen Alpha | 0.1602 | |||
| Total Risk Alpha | 0.1379 | |||
| Sortino Ratio | 0.3381 | |||
| Treynor Ratio | 1.91 |
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Additional Tools for Universal Stock Analysis
When running Universal Stainless' price analysis, check to measure Universal Stainless' 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 Stainless is operating at the current time. Most of Universal Stainless' value examination focuses on studying past and present price action to predict the probability of Universal Stainless' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Stainless' price. Additionally, you may evaluate how the addition of Universal Stainless to your portfolios can decrease your overall portfolio volatility.