United Orthopedic (Taiwan) Price on November 26, 2024
| 4129 Stock | TWD 95.50 0.90 0.93% |
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. As of today, the current price of United Orthopedic stands at 95.50, as last reported on the 11th of December 2024, with the highest price reaching 97.00 and the lowest price hitting 95.40 during the day. At this stage we consider United Stock to be very steady. United Orthopedic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0291, which indicates the firm had a 0.0291% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for United Orthopedic, which you can use to evaluate the volatility of the company. Please validate United Orthopedic's Risk Adjusted Performance of (0.03), variance of 1.37, and Coefficient Of Variation of (2,372) to confirm if the risk estimate we provide is consistent with the expected return of 0.0312%.
United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
United |
Sharpe Ratio = 0.0291
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | 4129 |
Estimated Market Risk
| 1.07 actual daily | 9 91% of assets are more volatile |
Expected Return
| 0.03 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average United Orthopedic 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 United Orthopedic by adding it to a well-diversified portfolio.
United Orthopedic Valuation on November 26, 2024
It is possible to determine the worth of United Orthopedic on a given historical date. On November 26, 2024 United was worth 97.5 at the beginning of the trading date compared to the closed value of 99.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Orthopedic stock. Still, in general, we apply an absolute valuation method to find United Orthopedic'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 United Orthopedic where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Orthopedic's related companies.
| Open | High | Low | Close | Volume | |
| 97.50 | 98.40 | 97.50 | 97.50 | 177,000 | |
11/26/2024 | 97.50 | 100.00 | 97.10 | 99.00 | 415,000 |
| 99.00 | 99.10 | 97.50 | 98.20 | 176,443 |
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United Orthopedic Trading Date Momentum on November 26, 2024
| On November 27 2024 United Orthopedic was traded for 98.20 at the closing time. The highest price during the trading period was 99.10 and the lowest recorded bid was listed for 97.50 . The volume for the day was 176.4 K. This history from November 27, 2024 contributed to the next trading day price decline. The daily price change to the next closing price was 0.81% . The trading price change to the current price is 2.02% . |
United Orthopedic Fundamentals Correlations and Trends
By evaluating United Orthopedic'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 United Orthopedic's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United Orthopedic Stock history
United Orthopedic 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 United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United Orthopedic 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 United Orthopedic stock prices may prove useful in developing a viable investing in United Orthopedic
United Orthopedic Corporation engages in the research, development, manufacture, import and export, and sale of orthopedic implants and orthopedic surgical instruments worldwide. United Orthopedic Corporation is a subsidiary of Chi-Yi Investment Co. UNITED ORTHOPEDIC operates under Medical Devices classification in Taiwan and is traded on Taiwan OTC Exchange.
United Orthopedic Stock Technical Analysis
United Orthopedic 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
United Orthopedic Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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United Orthopedic December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how United Orthopedic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Orthopedic shares will generate the highest return on investment. By undertsting and applying United Orthopedic stock market strength indicators, traders can identify United Orthopedic entry and exit signals to maximize returns
United Orthopedic Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Orthopedic's price direction in advance. Along with the technical and fundamental analysis of United Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United 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 | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (9.12) |
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Additional Tools for United Stock Analysis
When running United Orthopedic's price analysis, check to measure United Orthopedic'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 United Orthopedic is operating at the current time. Most of United Orthopedic's value examination focuses on studying past and present price action to predict the probability of United Orthopedic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Orthopedic's price. Additionally, you may evaluate how the addition of United Orthopedic to your portfolios can decrease your overall portfolio volatility.