United Maritime Stock Price on September 20, 2024

USEA Stock  USD 1.63  0.16  8.94%   
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. As of today, the current price of United Maritime stands at 1.63, as last reported on the 29th of December, with the highest price reaching 1.87 and the lowest price hitting 1.63 during the day. United Maritime owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.28, which indicates the firm had a -0.28% return per unit of risk over the last 3 months. United Maritime exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate United Maritime's Variance of 5.17, risk adjusted performance of (0.20), and Coefficient Of Variation of (377.94) to confirm the risk estimate we provide.
  
At present, United Maritime's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Other Stockholder Equity is expected to grow to about 40.8 M, whereas Total Stockholder Equity is forecasted to decline to about 39.8 M. . The current year's Price Earnings Ratio is expected to grow to 101.28, whereas Price To Sales Ratio is forecasted to decline to 0.56. United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2839

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Estimated Market Risk

 2.24
  actual daily
19
81% of assets are more volatile

Expected Return

 -0.63
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.28
  actual daily
0
Most of other assets perform better
Based on monthly moving average United Maritime 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 United Maritime by adding United Maritime to a well-diversified portfolio.
Price Book
0.2308
Enterprise Value Ebitda
20.4434
Price Sales
0.3115
Shares Float
7.4 M
Wall Street Target Price
5.5

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United Maritime Valuation on September 20, 2024

It is possible to determine the worth of United Maritime on a given historical date. On September 20, 2024 United was worth 2.48 at the beginning of the trading date compared to the closed value of 2.49. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Maritime stock. Still, in general, we apply an absolute valuation method to find United Maritime'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 United Maritime where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Maritime's related companies.
 Open High Low Close Volume
  2.50    2.50    2.47    2.48    26,600  
09/20/2024
  2.48    2.50    2.48    2.49    16,300  
  2.49    2.52    2.46    2.48    73,000  
Backtest United Maritime  |  United Maritime History  |  United Maritime Valuation   PreviousNext  
Open Value
2.48
2.49
Closing Value
9.19
Upside

United Maritime Trading Date Momentum on September 20, 2024

On September 23 2024 United Maritime was traded for  2.48  at the closing time. The top price for the day was 2.52  and the lowest listed price was  2.46 . The trading volume for the day was 73 K. The trading history from September 23, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 0.40% . The trading price change against the current closing price is 1.20% .

United Maritime Fundamentals Correlations and Trends

By evaluating United Maritime'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 United Maritime's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About United Maritime Stock history

United Maritime 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 United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United Maritime 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 United Maritime stock prices may prove useful in developing a viable investing in United Maritime
Last ReportedProjected for Next Year
Common Stock Shares Outstanding8.4 M8.4 M
Net Income Applicable To Common Shares2.5 M2.6 M

United Maritime Stock Technical Analysis

United Maritime 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.
A focus of United Maritime technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of United Maritime trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

United Maritime Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

United Maritime 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.

United Maritime December 29, 2024 Market Strength

Market strength indicators help investors to evaluate how United Maritime stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Maritime shares will generate the highest return on investment. By undertsting and applying United Maritime stock market strength indicators, traders can identify United Maritime entry and exit signals to maximize returns

United Maritime Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for United Maritime's price direction in advance. Along with the technical and fundamental analysis of United Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United 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.

Complementary Tools for United Stock analysis

When running United Maritime's price analysis, check to measure United Maritime'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 United Maritime is operating at the current time. Most of United Maritime's value examination focuses on studying past and present price action to predict the probability of United Maritime's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Maritime's price. Additionally, you may evaluate how the addition of United Maritime to your portfolios can decrease your overall portfolio volatility.
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