Universal Technical Stock Forecast - Risk Adjusted Performance
| UTI Stock | USD 26.12 0.47 1.83% |
Universal Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of Universal Technical's historical fundamentals, such as revenue growth or operating cash flow patterns.
Universal |
Open Interest Against 2024-12-20 Universal Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Universal Technical's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Universal Technical's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Universal Technical stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Universal Technical's open interest, investors have to compare it to Universal Technical's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Universal Technical is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Universal. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Check Universal Technical Volatility | Backtest Universal Technical | Information Ratio |
Universal Technical Trading Date Momentum
| On December 10 2024 Universal Technical Institute was traded for 26.12 at the closing time. Highest Universal Technical's price during the trading hours was 26.19 and the lowest price during the day was 25.46 . The net volume was 404.2 K. The overall trading history on the 10th of December did not result in any price rise and fall. The trading price change to current price is 1.91% . |
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Other Forecasting Options for Universal Technical
For every potential investor in Universal, whether a beginner or expert, Universal Technical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Universal Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Universal. Basic forecasting techniques help filter out the noise by identifying Universal Technical's price trends.Universal Technical Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Universal Technical stock to make a market-neutral strategy. Peer analysis of Universal Technical could also be used in its relative valuation, which is a method of valuing Universal Technical by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Universal Technical Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Universal Technical's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Universal Technical's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
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| Volume Indicators |
Universal Technical Market Strength Events
Market strength indicators help investors to evaluate how Universal Technical 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 Technical shares will generate the highest return on investment. By undertsting and applying Universal Technical stock market strength indicators, traders can identify Universal Technical Institute entry and exit signals to maximize returns.
| Accumulation Distribution | 11265.78 | |||
| Daily Balance Of Power | 0.6438 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 25.83 | |||
| Day Typical Price | 25.92 | |||
| Price Action Indicator | 0.53 | |||
| Period Momentum Indicator | 0.47 |
Universal Technical Risk Indicators
The analysis of Universal Technical's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Universal Technical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting universal stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.99 | |||
| Semi Deviation | 1.74 | |||
| Standard Deviation | 3.41 | |||
| Variance | 11.62 | |||
| Downside Variance | 6.2 | |||
| Semi Variance | 3.04 | |||
| Expected Short fall | (2.37) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Currently Active Assets on Macroaxis
When determining whether Universal Technical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Technical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Universal Technical Institute Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Technical Institute Stock:Check out Historical Fundamental Analysis of Universal Technical to cross-verify your projections. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Diversified Consumer Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Technical. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Technical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.5 | Earnings Share 0.75 | Revenue Per Share 15.885 | Quarterly Revenue Growth 0.158 | Return On Assets 0.0404 |
The market value of Universal Technical is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Technical's value that differs from its market value or its book value, called intrinsic value, which is Universal Technical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Technical's market value can be influenced by many factors that don't directly affect Universal Technical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Technical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Technical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Technical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.