Uniform Industrial (Taiwan) Price on October 7, 2024
2482 Stock | TWD 25.75 0.25 0.96% |
If you're considering investing in Uniform Stock, it is important to understand the factors that can impact its price. As of today, the current price of Uniform Industrial stands at 25.75, as last reported on the 20th of December, with the highest price reaching 26.00 and the lowest price hitting 25.55 during the day. Uniform Industrial Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Uniform Industrial Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Uniform Industrial's Risk Adjusted Performance of (0.06), variance of 5.88, and Coefficient Of Variation of (1,276) to confirm the risk estimate we provide.
Uniform Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Uniform |
Sharpe Ratio = -0.1127
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Negative Returns | 2482 |
Estimated Market Risk
2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Uniform Industrial 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 Uniform Industrial by adding Uniform Industrial to a well-diversified portfolio.
Uniform Industrial Valuation on October 7, 2024
It is possible to determine the worth of Uniform Industrial on a given historical date. On October 7, 2024 Uniform was worth 30.4 at the beginning of the trading date compared to the closed value of 30.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Uniform Industrial stock. Still, in general, we apply an absolute valuation method to find Uniform Industrial'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 Uniform Industrial where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Uniform Industrial's related companies.
Open | High | Low | Close | Volume | |
30.45 | 30.45 | 29.85 | 29.95 | 255,338 | |
10/07/2024 | 30.40 | 30.40 | 29.80 | 30.05 | 222,089 |
30.00 | 30.00 | 29.30 | 29.55 | 365,122 |
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Uniform Industrial Trading Date Momentum on October 7, 2024
On October 08 2024 Uniform Industrial Corp was traded for 29.55 at the closing time. The highest price during the trading period was 30.00 and the lowest recorded bid was listed for 29.30 . The volume for the day was 365.1 K. This history from October 8, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 1.66% . The trading price change to the current price is 6.49% . |
Uniform Industrial Corp Fundamentals Correlations and Trends
By evaluating Uniform Industrial'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 Uniform Industrial's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Uniform financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Uniform Industrial Stock history
Uniform Industrial 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 Uniform is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Uniform Industrial Corp 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 Uniform Industrial stock prices may prove useful in developing a viable investing in Uniform Industrial
Uniform Industrial Corporation provides professional design manufacture service for the cashless payment industry in Taiwan and internationally. Uniform Industrial Corporation was founded in 1983 and is headquartered in New Taipei City, Taiwan. UNIFORM INDUSTRIAL operates under Computer Systems classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 355 people.
Uniform Industrial Stock Technical Analysis
Uniform Industrial 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
Uniform Industrial Period Price Range
Low | December 20, 2024
| High |
0.00 | 0.00 |
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Uniform Industrial December 20, 2024 Market Strength
Market strength indicators help investors to evaluate how Uniform Industrial stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Uniform Industrial shares will generate the highest return on investment. By undertsting and applying Uniform Industrial stock market strength indicators, traders can identify Uniform Industrial Corp entry and exit signals to maximize returns
Uniform Industrial Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Uniform Industrial's price direction in advance. Along with the technical and fundamental analysis of Uniform Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Uniform 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 | (0.06) | |||
Jensen Alpha | (0.21) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | (0.89) |
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Additional Tools for Uniform Stock Analysis
When running Uniform Industrial's price analysis, check to measure Uniform Industrial'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 Uniform Industrial is operating at the current time. Most of Uniform Industrial's value examination focuses on studying past and present price action to predict the probability of Uniform Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uniform Industrial's price. Additionally, you may evaluate how the addition of Uniform Industrial to your portfolios can decrease your overall portfolio volatility.