Universal Electronics Stock Price on May 24, 2024
UEIC Stock | USD 11.69 0.22 1.85% |
Below is the normalized historical share price chart for Universal Electronics extending back to February 16, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Universal Electronics stands at 11.69, as last reported on the 11th of December 2024, with the highest price reaching 12.06 and the lowest price hitting 11.63 during the day.
If you're considering investing in Universal Stock, it is important to understand the factors that can impact its price. Universal Electronics appears to be somewhat reliable, given 3 months investment horizon. Universal Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Universal Electronics' technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please review Universal Electronics' Coefficient Of Variation of 790.83, risk adjusted performance of 0.0999, and Semi Deviation of 2.55 to confirm if our risk estimates are consistent with your expectations.
The current year's Capital Stock is expected to grow to about 270.2 K, whereas Total Stockholder Equity is forecasted to decline to about 172.8 M. . At present, Universal Electronics' Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 5.03, whereas Price To Sales Ratio is forecasted to decline to 0.27. Universal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of February 1993 | 200 Day MA 10.2261 | 50 Day MA 9.6368 | Beta 1.135 |
Universal |
Sharpe Ratio = 0.1276
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Estimated Market Risk
5.05 actual daily | 44 56% of assets are more volatile |
Expected Return
0.64 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average Universal Electronics is performing at about 10% 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 Electronics by adding it to a well-diversified portfolio.
Price Book 0.9667 | Enterprise Value Ebitda 21.7816 | Price Sales 0.4062 | Shares Float 9.2 M | Wall Street Target Price 14.3333 |
Universal Electronics Main Headline on 24th of May 2024
Disposition of 1667 shares by Richard Firehammer of Universa... by Richard Firehammer
Filed transaction by Universal Electronics Officer Senior Vice President. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Universal Electronics Valuation on May 24, 2024
It is possible to determine the worth of Universal Electronics on a given historical date. On May 24, 2024 Universal was worth 12.2 at the beginning of the trading date compared to the closed value of 12.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Universal Electronics stock. Still, in general, we apply an absolute valuation method to find Universal Electronics' 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 Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Universal Electronics' related companies.
Open | High | Low | Close | Volume | |
12.08 | 12.32 | 12.00 | 12.23 | 33,943 | |
05/24/2024 | 12.20 | 12.56 | 12.18 | 12.32 | 35,979 |
12.09 | 12.35 | 10.31 | 10.51 | 246,561 |
Backtest Universal Electronics | | | Universal Electronics History | | | Universal Electronics Valuation | Previous | Next |
Universal Electronics Trading Date Momentum on May 24, 2024
On May 28 2024 Universal Electronics was traded for 10.51 at the closing time. The top price for the day was 12.35 and the lowest listed price was 10.31 . The trading volume for the day was 246.6 K. The trading history from May 28, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 14.69% . The trading price change against the current closing price is 7.71% . |
Universal Electronics Fundamentals Correlations and Trends
By evaluating Universal Electronics' 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 Electronics' 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 Electronics Stock history
Universal Electronics 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 Electronics 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 Electronics stock prices may prove useful in developing a viable investing in Universal Electronics
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 12.9 M | 12.3 M | |
Net Income Applicable To Common Shares | 468.1 K | 444.6 K |
Universal Electronics Quarterly Net Working Capital |
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Universal Electronics Stock Technical Analysis
Universal Electronics 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 Electronics Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Universal Electronics 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 Electronics December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Universal Electronics 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 Electronics shares will generate the highest return on investment. By undertsting and applying Universal Electronics stock market strength indicators, traders can identify Universal Electronics entry and exit signals to maximize returns
Universal Electronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Universal Electronics' 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 | 0.0999 | |||
Jensen Alpha | 0.5506 | |||
Total Risk Alpha | (0.17) | |||
Sortino Ratio | 0.1678 | |||
Treynor Ratio | 1.01 |
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Complementary Tools for Universal Stock analysis
When running Universal Electronics' price analysis, check to measure Universal Electronics' 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 Electronics is operating at the current time. Most of Universal Electronics' value examination focuses on studying past and present price action to predict the probability of Universal Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Electronics' price. Additionally, you may evaluate how the addition of Universal Electronics to your portfolios can decrease your overall portfolio volatility.
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