United Drilling (India) Price on September 10, 2024
| UNIDT Stock | 249.10 7.75 3.02% |
Below is the normalized historical share price chart for United Drilling Tools extending back to September 25, 2020. 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 United Drilling stands at 249.10, as last reported on the 4th of December, with the highest price reaching 262.85 and the lowest price hitting 248.05 during the day.
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. United Drilling Tools owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0526, which indicates the firm had a -0.0526% return per unit of risk over the last 3 months. United Drilling Tools exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate United Drilling's Risk Adjusted Performance of 0.0013, variance of 5.3, and Coefficient Of Variation of (14,070) to confirm the risk estimate we provide.
As of the 4th of December 2024, Other Stockholder Equity is likely to grow to about 235.1 M, while Common Stock Shares Outstanding is likely to drop about 16.5 M. . United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 246.7622 | 50 Day MA 242.025 | Beta 0.588 |
United |
Sharpe Ratio = -0.0526
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Estimated Market Risk
| 2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
| -0.12 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.05 actual daily | 0 Most of other assets perform better |
Based on monthly moving average United Drilling 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 United Drilling by adding United Drilling to a well-diversified portfolio.
Price Book 2.0141 | Book Value 124.546 | Enterprise Value 5.2 B | Enterprise Value Ebitda 18.9386 | Price Sales 2.9813 |
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United Drilling Valuation on September 10, 2024
It is possible to determine the worth of United Drilling on a given historical date. On September 10, 2024 United was worth 258.4 at the beginning of the trading date compared to the closed value of 257.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Drilling stock. Still, in general, we apply an absolute valuation method to find United Drilling'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 United Drilling where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Drilling's related companies.
| Open | High | Low | Close | Volume | |
| 274.30 | 274.30 | 233.55 | 255.85 | 164,634 | |
09/10/2024 | 258.40 | 266.15 | 255.90 | 257.15 | 35,843 |
| 258.50 | 263.05 | 253.15 | 254.60 | 27,238 |
| Backtest United Drilling | | | United Drilling History | | | United Drilling Valuation | Previous | Next |
United Drilling Trading Date Momentum on September 10, 2024
| On September 11 2024 United Drilling Tools was traded for 254.60 at the closing time. The highest price during the trading period was 263.05 and the lowest recorded bid was listed for 253.15 . The volume for the day was 27.2 K. This history from September 11, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 0.99% . The trading price change to the current price is 3.29% . |
United Drilling Tools Fundamentals Correlations and Trends
By evaluating United Drilling'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 United Drilling's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United Drilling Stock history
United Drilling 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 United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United Drilling Tools 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 United Drilling stock prices may prove useful in developing a viable investing in United Drilling
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 23.3 M | 16.5 M | |
| Net Income Applicable To Common Shares | 118.2 M | 112.3 M |
United Drilling Quarterly Net Working Capital |
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United Drilling Stock Technical Analysis
United Drilling 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
United Drilling Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
United Drilling Tools cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.
United Drilling December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how United Drilling stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Drilling shares will generate the highest return on investment. By undertsting and applying United Drilling stock market strength indicators, traders can identify United Drilling Tools entry and exit signals to maximize returns
United Drilling Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Drilling's price direction in advance. Along with the technical and fundamental analysis of United Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United 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 | 0.0013 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.27) |
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Other Information on Investing in United Stock
United Drilling financial ratios help investors to determine whether United Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in United with respect to the benefits of owning United Drilling security.