United Drilling (India) Price on November 19, 2024

UNIDT Stock   275.05  0.35  0.13%   
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 275.05, as last reported on the 12th of December 2024, with the highest price reaching 289.85 and the lowest price hitting 273.00 during the day.
200 Day MA
246.1572
50 Day MA
244.664
Beta
0.588
 
Covid
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. As of now, United Stock is very steady. United Drilling Tools owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0554, which indicates the firm had a 0.0554% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for United Drilling Tools, which you can use to evaluate the volatility of the company. Please validate United Drilling's Coefficient Of Variation of 1778.75, risk adjusted performance of 0.0477, and Semi Deviation of 2.33 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
  
As of the 12th 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.

Sharpe Ratio = 0.0554

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Estimated Market Risk

 2.56
  actual daily
22
78% of assets are more volatile

Expected Return

 0.14
  actual daily
2
98% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average United Drilling is performing at about 4% 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 United Drilling by adding it to a well-diversified portfolio.
Price Book
2.1569
Book Value
124.546
Enterprise Value
5.6 B
Enterprise Value Ebitda
20.2569
Price Sales
3.4426

United Drilling Valuation on November 19, 2024

It is possible to determine the worth of United Drilling on a given historical date. On November 19, 2024 United was worth 231.29 at the beginning of the trading date compared to the closed value of 233.46. 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
  233.00    236.45    229.10    231.34    7,187  
11/19/2024
  231.29    238.38    231.10    233.46    6,073  
  233.46    233.46    233.46    233.46    1.00  
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Open Value
231.29
223.60
Downside
233.46
Closing Value
238.98
Upside

United Drilling Trading Date Momentum on November 19, 2024

On November 20 2024 United Drilling Tools was traded for  233.46  at the closing time. The highest price during the trading period was 233.46  and the lowest recorded bid was listed for  233.46 . There was no trading activity during the period 1.0. Lack of trading volume on November 20, 2024 did not result in any price rise and fall. The trading price change to the current price is 8.80% .

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 ReportedProjected for Next Year
Common Stock Shares Outstanding23.3 M16.5 M
Net Income Applicable To Common Shares118.2 M112.3 M

United Drilling Quarterly Net Working Capital

1.72 Billion

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

United Drilling Period Price Range

Low
December 12, 2024
0.00  NaN%
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 12, 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.

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.