UBM Development (Austria) Price on November 24, 2023
UBS Stock | EUR 16.80 0.60 3.45% |
If you're considering investing in UBM Stock, it is important to understand the factors that can impact its price. As of today, the current price of UBM Development stands at 16.80, as last reported on the 4th of December, with the highest price reaching 17.40 and the lowest price hitting 16.80 during the day. UBM Development AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the company had a -0.19% return per unit of standard deviation over the last 3 months. UBM Development AG exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UBM Development's Standard Deviation of 1.51, risk adjusted performance of (0.14), and Market Risk Adjusted Performance of (2.16) to confirm the risk estimate we provide.
UBM Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
UBM |
Sharpe Ratio = -0.1935
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Estimated Market Risk
1.52 actual daily | 13 87% of assets are more volatile |
Expected Return
-0.29 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.19 actual daily | 0 Most of other assets perform better |
Based on monthly moving average UBM Development 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 UBM Development by adding UBM Development to a well-diversified portfolio.
UBM Development Valuation on November 24, 2023
It is possible to determine the worth of UBM Development on a given historical date. On November 24, 2023 UBM was worth 20.5 at the beginning of the trading date compared to the closed value of 20.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UBM Development stock. Still, in general, we apply an absolute valuation method to find UBM Development'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 UBM Development where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UBM Development's related companies.
Open | High | Low | Close | Volume | |
20.60 | 20.70 | 20.50 | 20.70 | 1,569 | |
11/24/2023 | 20.50 | 20.80 | 20.50 | 20.80 | 3,461 |
20.40 | 20.70 | 20.40 | 20.70 | 3,514 |
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UBM Development Trading Date Momentum on November 24, 2023
On November 27 2023 UBM Development AG was traded for 20.70 at the closing time. The maximum traded price for the trading interval was 20.70 and the lowest daily price was 20.40 . The daily volume was recorded at 3.5 K. The volume of trading on 27th of November 2023 played a part in the next trading day price drop. The trading price change to the next closing price was 0.48% . The trading price change to the closing price today is 1.44% . |
UBM Development AG Fundamentals Correlations and Trends
By evaluating UBM Development'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 UBM Development's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. UBM financial account trend analysis is a perfect complement when working with valuation or volatility modules.About UBM Development Stock history
UBM Development 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 UBM is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UBM Development AG 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 UBM Development stock prices may prove useful in developing a viable investing in UBM Development
UBM Development Stock Technical Analysis
UBM Development 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
UBM Development Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
UBM Development AG cannot be verified against its exchange. Please verify the symbol is currently traded on Vienna 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.
UBM Development December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how UBM Development stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UBM Development shares will generate the highest return on investment. By undertsting and applying UBM Development stock market strength indicators, traders can identify UBM Development AG entry and exit signals to maximize returns
UBM Development Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UBM Development's price direction in advance. Along with the technical and fundamental analysis of UBM Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of UBM 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 | (0.14) | |||
Jensen Alpha | (0.31) | |||
Total Risk Alpha | (0.50) | |||
Treynor Ratio | (2.17) |
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Complementary Tools for UBM Stock analysis
When running UBM Development's price analysis, check to measure UBM Development'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 UBM Development is operating at the current time. Most of UBM Development's value examination focuses on studying past and present price action to predict the probability of UBM Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UBM Development's price. Additionally, you may evaluate how the addition of UBM Development to your portfolios can decrease your overall portfolio volatility.
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