Utron (Israel) Price on October 24, 2023
If you're considering investing in Utron Stock, it is important to understand the factors that can impact its price. At this point, Utron is very steady. Utron owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0374, which indicates the firm had a 0.0374% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Utron, which you can use to evaluate the volatility of the company. Please validate Utron's Semi Deviation of 1.96, coefficient of variation of 2674.66, and Risk Adjusted Performance of 0.0337 to confirm if the risk estimate we provide is consistent with the expected return of 0.0813%.
Utron Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Utron |
Sharpe Ratio = 0.0374
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | UTRN | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.17 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average Utron is performing at about 2% 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 Utron by adding it to a well-diversified portfolio.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Price Boundaries
Utron Period Price Range
Low | December 17, 2024
| High |
0.00 | 0.00 |
Utron cannot be verified against its exchange. Please verify the symbol is currently traded on Tel Aviv 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.
Utron December 17, 2024 Market Strength
Market strength indicators help investors to evaluate how Utron stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Utron shares will generate the highest return on investment. By undertsting and applying Utron stock market strength indicators, traders can identify Utron entry and exit signals to maximize returns
Utron Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Utron's price direction in advance. Along with the technical and fundamental analysis of Utron Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Utron 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 | 0.0337 | |||
| Jensen Alpha | 0.0949 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.23) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Utron Stock analysis
When running Utron's price analysis, check to measure Utron'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 Utron is operating at the current time. Most of Utron's value examination focuses on studying past and present price action to predict the probability of Utron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Utron's price. Additionally, you may evaluate how the addition of Utron to your portfolios can decrease your overall portfolio volatility.
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format |