Universal Health Stock Forecast - Daily Balance Of Power
| UHT Stock | USD 40.63 0.16 0.39% |
Universal Stock Forecast is based on your current time horizon.
Universal |
Open Interest Against 2024-12-20 Universal Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Universal Health's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Universal Health's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Universal Health stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Universal Health's open interest, investors have to compare it to Universal Health's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Universal Health is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Universal. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.4306 | 0.2375 |
| Check Universal Health Volatility | Backtest Universal Health | Trend Details |
Universal Health Trading Date Momentum
| On January 27 2023 Universal Health Realty was traded for 48.21 at the closing time. Highest Universal Health's price during the trading hours was 48.28 and the lowest price during the day was 47.40 . The net volume was 31.9 K. The overall trading history on the 27th of January contributed to the next trading period price appreciation. The trading price change to the next next day price was 0.54% . The trading price change to current price is 0.29% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Universal Health
For every potential investor in Universal, whether a beginner or expert, Universal Health's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Universal Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Universal. Basic forecasting techniques help filter out the noise by identifying Universal Health's price trends.Universal Health 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 Universal Health stock to make a market-neutral strategy. Peer analysis of Universal Health could also be used in its relative valuation, which is a method of valuing Universal Health by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Universal Health Realty 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 Universal Health'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 Universal Health's current price.| Cycle Indicators | ||
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| Volume Indicators |
Universal Health Market Strength Events
Market strength indicators help investors to evaluate how Universal Health stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Universal Health shares will generate the highest return on investment. By undertsting and applying Universal Health stock market strength indicators, traders can identify Universal Health Realty entry and exit signals to maximize returns.
Universal Health Risk Indicators
The analysis of Universal Health'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 Universal Health's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting universal 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 | 1.12 | |||
| Standard Deviation | 1.41 | |||
| Variance | 1.98 |
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.
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Additional Tools for Universal Stock Analysis
When running Universal Health's price analysis, check to measure Universal Health'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 Universal Health is operating at the current time. Most of Universal Health's value examination focuses on studying past and present price action to predict the probability of Universal Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Health's price. Additionally, you may evaluate how the addition of Universal Health to your portfolios can decrease your overall portfolio volatility.