Union Materials (Korea) Price on September 13, 2024
| 047400 Stock | 2,390 40.00 1.65% |
If you're considering investing in Union Stock, it is important to understand the factors that can impact its price. As of today, the current price of Union Materials stands at 2,390, as last reported on the 30th of November, with the highest price reaching 2,620 and the lowest price hitting 2,385 during the day. Union Materials appears to be very steady, given 3 months investment horizon. Union Materials Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0852, which indicates the firm had a 0.0852% return per unit of risk over the last 3 months. We have found thirty technical indicators for Union Materials Corp, which you can use to evaluate the volatility of the company. Please review Union Materials' Coefficient Of Variation of 1915.67, risk adjusted performance of 0.0472, and Semi Deviation of 2.73 to confirm if our risk estimates are consistent with your expectations.
Union Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Union |
Sharpe Ratio = 0.0852
| Best Portfolio | Best Equity | |||
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| Small Returns | 047400 | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.93 actual daily | 26 74% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 6 94% of assets perform better |
Based on monthly moving average Union Materials is performing at about 6% 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 Union Materials by adding it to a well-diversified portfolio.
Union Materials Valuation on September 13, 2024
It is possible to determine the worth of Union Materials on a given historical date. On September 13, 2024 Union was worth 2100.0 at the beginning of the trading date compared to the closed value of 2120.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Union Materials stock. Still, in general, we apply an absolute valuation method to find Union Materials' 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 Union Materials where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Union Materials' related companies.
| Open | High | Low | Close | Volume | |
| 2,080 | 2,150 | 2,050 | 2,105 | 111,245 | |
09/13/2024 | 2,100 | 2,130 | 2,075 | 2,120 | 81,090 |
| 2,120 | 2,140 | 2,060 | 2,110 | 94,995 |
| Backtest Union Materials | | | Union Materials History | | | Union Materials Valuation | Previous | Next |
Union Materials Trading Date Momentum on September 13, 2024
| On September 19 2024 Union Materials Corp was traded for 2,110 at the closing time. The highest price during the trading period was 2,140 and the lowest recorded bid was listed for 2,060 . The volume for the day was 95 K. This history from September 19, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.47% . The trading price change to the current price is 1.65% . |
Union Materials Corp Fundamentals Correlations and Trends
By evaluating Union Materials' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Union Materials' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Union financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Union Materials Stock history
Union Materials 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 Union is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Union Materials Corp 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 Union Materials stock prices may prove useful in developing a viable investing in Union Materials
Union Materials Stock Technical Analysis
Union Materials 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.
Price Boundaries
Union Materials Period Price Range
Low | November 30, 2024
| High |
0.00 | 0.00 |
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Union Materials November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how Union Materials stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Union Materials shares will generate the highest return on investment. By undertsting and applying Union Materials stock market strength indicators, traders can identify Union Materials Corp entry and exit signals to maximize returns
Union Materials Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Union Materials' price direction in advance. Along with the technical and fundamental analysis of Union Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Union 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 | 0.0472 | |||
| Jensen Alpha | 0.2041 | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | 0.0036 | |||
| Treynor Ratio | (0.27) |
| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Union Stock analysis
When running Union Materials' price analysis, check to measure Union Materials' 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 Union Materials is operating at the current time. Most of Union Materials' value examination focuses on studying past and present price action to predict the probability of Union Materials' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Materials' price. Additionally, you may evaluate how the addition of Union Materials to your portfolios can decrease your overall portfolio volatility.
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