Unit Corporation Stock Price on October 9, 2024
| UNTCW Stock | USD 0.60 0.06 9.09% |
If you're considering investing in Unit Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Unit stands at 0.60, as last reported on the 16th of December 2024, with the highest price reaching 0.60 and the lowest price hitting 0.60 during the day. Unit is out of control given 3 months investment horizon. Unit owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We were able to break down twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.86% are justified by taking the suggested risk. Use Unit Risk Adjusted Performance of 0.1098, coefficient of variation of 723.97, and Semi Deviation of 13.57 to evaluate company specific risk that cannot be diversified away.
Unit Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Unit |
Sharpe Ratio = 0.1715
| Best Portfolio | Best Equity | UNTCW | ||
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 22.5 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.86 actual daily | 77 77% of assets have lower returns |
Risk-Adjusted Return
| 0.17 actual daily | 13 87% of assets perform better |
Based on monthly moving average Unit is performing at about 13% 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 Unit by adding it to a well-diversified portfolio.
Unit Valuation on October 9, 2024
It is possible to determine the worth of Unit on a given historical date. On October 9, 2024 Unit was worth 0.35 at the beginning of the trading date compared to the closed value of 0.35. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unit pink sheet. Still, in general, we apply an absolute valuation method to find Unit'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 Unit where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unit's related companies.
| Open | High | Low | Close | Volume | |
| 0.35 | 0.35 | 0.35 | 0.35 | 100.00 | |
10/09/2024 | 0.35 | 0.35 | 0.35 | 0.35 | 69.00 |
| 0.37 | 0.37 | 0.36 | 0.36 | 478.00 |
| Backtest Unit | | | Unit History | | | Unit Valuation | Previous | Next |
Unit Trading Date Momentum on October 9, 2024
| On October 10 2024 Unit Corporation was traded for 0.36 at the closing time. The highest daily price throughout the period was 0.37 and the lowest price was 0.36 . The daily volume was 478. The net trading volume on 10/10/2024 added to the next day price increase. The trading price change to closing price of the next trading day was 2.86% . The trading price change to current closing price is 0.00% . |
Unit Fundamentals Correlations and Trends
By evaluating Unit'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 Unit's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Unit financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Unit Pink Sheet history
Unit 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 Unit is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unit 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 Unit stock prices may prove useful in developing a viable investing in Unit
Unit Corporation, together with its subsidiaries, engages in the exploration, acquisition, development, and production of oil and natural gas properties in the United States. Unit Corporation was incorporated in 1963 and is headquartered in Tulsa, Oklahoma. Unit Corp operates under Oil Gas Integrated classification in the United States and is traded on OTC Exchange. It employs 788 people.
Unit Pink Sheet Technical Analysis
Unit technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Unit Period Price Range
Low | December 16, 2024
| High |
0.00 | 0.00 |
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Unit December 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Unit pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unit shares will generate the highest return on investment. By undertsting and applying Unit pink sheet market strength indicators, traders can identify Unit Corporation entry and exit signals to maximize returns
Unit Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unit's price direction in advance. Along with the technical and fundamental analysis of Unit Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unit 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 | 0.1098 | |||
| Jensen Alpha | 2.99 | |||
| Total Risk Alpha | 0.283 | |||
| Sortino Ratio | 0.1114 | |||
| Treynor Ratio | (3.16) |
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| Volume Indicators |
Additional Tools for Unit Pink Sheet Analysis
When running Unit's price analysis, check to measure Unit'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 Unit is operating at the current time. Most of Unit's value examination focuses on studying past and present price action to predict the probability of Unit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unit's price. Additionally, you may evaluate how the addition of Unit to your portfolios can decrease your overall portfolio volatility.