Unifirst Stock Price on July 15, 2024

UNF Stock  USD 200.87  1.97  0.97%   
If you're considering investing in Unifirst Stock, it is important to understand the factors that can impact its price. As of today, the current price of Unifirst stands at 200.87, as last reported on the 2nd of December, with the highest price reaching 203.52 and the lowest price hitting 200.67 during the day. At this point, Unifirst is very steady. Unifirst owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0739, which indicates the firm had a 0.0739% return per unit of risk over the last 3 months. We have found thirty technical indicators for Unifirst, which you can use to evaluate the volatility of the company. Please validate Unifirst's Risk Adjusted Performance of 0.0624, coefficient of variation of 1353.5, and Semi Deviation of 1.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
  
Unifirst Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0739

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Estimated Market Risk

 1.89
  actual daily
16
84% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.07
  actual daily
5
95% of assets perform better
Based on monthly moving average Unifirst is performing at about 5% 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 Unifirst by adding it to a well-diversified portfolio.

Related Headline

AZZ Incorporated Headline on 15th of July 2024

Filed transaction by AZZ Incorporated Officer: Chief Legal Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Unifirst Valuation on July 15, 2024

It is possible to determine the worth of Unifirst on a given historical date. On July 15, 2024 Unifirst was worth 172.39 at the beginning of the trading date compared to the closed value of 173.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unifirst stock. Still, in general, we apply an absolute valuation method to find Unifirst'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 Unifirst where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unifirst's related companies.
 Open High Low Close Volume
  172.30    172.90    169.73    170.78    95,974  
07/15/2024
  172.39    175.80    172.39    173.80    89,102  
  175.78    182.84    175.78    182.21    121,001  
Backtest Unifirst  |  Unifirst History  |  Unifirst Valuation   PreviousNext  
Open Value
172.39
166.72
Downside
173.8
Closing Value
178.06
Upside

Unifirst Trading Date Momentum on July 15, 2024

On July 16 2024 Unifirst was traded for  182.21  at the closing time. Highest Unifirst's price during the trading hours was 182.84  and the lowest price during the day was  175.78 . The net volume was 121 K. The overall trading history on the 16th of July 2024 contributed to the next trading period price rise. The trading price change to the next next day price was 4.84% . The trading price change to current price is 7.35% .

Unifirst Fundamentals Correlations and Trends

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

About Unifirst Stock history

Unifirst 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 Unifirst is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unifirst 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 Unifirst stock prices may prove useful in developing a viable investing in Unifirst
UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. UniFirst Corporation was founded in 1936 and is headquartered in Wilmington, Massachusetts. Unifirst Corp operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 14000 people.

Unifirst Stock Technical Analysis

Unifirst 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 Unifirst technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Unifirst 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

Unifirst Period Price Range

Low
December 2, 2024
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Unifirst cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

Unifirst December 2, 2024 Market Strength

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

Unifirst Technical and Predictive Indicators

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

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