Utah Medical Stock Forecast - Day Typical Price
UTMD Stock | USD 64.57 0.39 0.61% |
Utah Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Utah Medical stock prices and determine the direction of Utah Medical Products's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Utah Medical's historical fundamentals, such as revenue growth or operating cash flow patterns.
Utah |
Previous Day Typical Price | Day Typical Price | Trend |
64.05 | 64.37 |
Check Utah Medical Volatility | Backtest Utah Medical | Information Ratio |
Utah Medical Trading Date Momentum
On November 21 2024 Utah Medical Products was traded for 64.57 at the closing time. The top price for the day was 64.57 and the lowest listed price was 63.96 . The trading volume for the day was 18.6 K. The trading history from November 21, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.57% . |
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for Utah Medical
For every potential investor in Utah, whether a beginner or expert, Utah Medical's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Utah Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Utah. Basic forecasting techniques help filter out the noise by identifying Utah Medical's price trends.Utah Medical Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Utah Medical stock to make a market-neutral strategy. Peer analysis of Utah Medical could also be used in its relative valuation, which is a method of valuing Utah Medical by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
Utah Medical Products Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Utah Medical's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Utah Medical's current price.Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Utah Medical Market Strength Events
Market strength indicators help investors to evaluate how Utah Medical stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Utah Medical shares will generate the highest return on investment. By undertsting and applying Utah Medical stock market strength indicators, traders can identify Utah Medical Products entry and exit signals to maximize returns.
Utah Medical Risk Indicators
The analysis of Utah Medical's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Utah Medical's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting utah stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 0.6888 | |||
Standard Deviation | 1.07 | |||
Variance | 1.14 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
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.When determining whether Utah Medical Products is a strong investment it is important to analyze Utah Medical's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Utah Medical's future performance. For an informed investment choice regarding Utah Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Utah Medical to cross-verify your projections. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Utah Medical. If investors know Utah will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Utah Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.05) | Dividend Share 1.2 | Earnings Share 4.28 | Revenue Per Share 12.392 | Quarterly Revenue Growth (0.20) |
The market value of Utah Medical Products is measured differently than its book value, which is the value of Utah that is recorded on the company's balance sheet. Investors also form their own opinion of Utah Medical's value that differs from its market value or its book value, called intrinsic value, which is Utah Medical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Utah Medical's market value can be influenced by many factors that don't directly affect Utah Medical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Utah Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Utah Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Utah Medical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.