Ultrack Systems Stock Price on November 29, 2024
| MJLB Stock | USD 0.0002 0.0001 33.33% |
If you're considering investing in Ultrack Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Ultrack Systems stands at 0.0002, as last reported on the 11th of December 2024, with the highest price reaching 0.0003 and the lowest price hitting 0.0002 during the day. Ultrack Systems is out of control given 3 months investment horizon. Ultrack Systems owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We were able to break down and interpolate thirty different technical indicators, which can help you to evaluate if expected returns of 7.41% are justified by taking the suggested risk. Use Ultrack Systems Coefficient Of Variation of 624.33, risk adjusted performance of 0.1255, and Semi Deviation of 19.25 to evaluate company specific risk that cannot be diversified away.
Ultrack Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultrack |
Sharpe Ratio = 0.1866
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Estimated Market Risk
| 39.69 actual daily | 96 96% of assets are less volatile |
Expected Return
| 5.01 actual daily | 96 96% of assets have lower returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Ultrack Systems is performing at about 14% 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 Ultrack Systems by adding it to a well-diversified portfolio.
Ultrack Systems Valuation on November 29, 2024
It is possible to determine the worth of Ultrack Systems on a given historical date. On November 29, 2024 Ultrack was worth 2.0E-4 at the beginning of the trading date compared to the closed value of 2.0E-4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultrack Systems pink sheet. Still, in general, we apply an absolute valuation method to find Ultrack Systems' 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 Ultrack Systems where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultrack Systems' related companies.
| Open | High | Low | Close | Volume | |
| 0.0001 | 0.0001 | 0.0001 | 0.0001 | 2,020 | |
11/29/2024 | 0.0002 | 0.0002 | 0.0002 | 0.0002 | 1,500 |
| 0.0001 | 0.0001 | 0.0001 | 0.0001 | 406,099 |
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Ultrack Systems Trading Date Momentum on November 29, 2024
| On December 02 2024 Ultrack Systems was traded for 0.0001 at the closing time. The top price for the day was 0.0001 and the lowest listed price was 0.0001 . The trading volume for the day was 406.1 K. The trading history from December 2, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 50.00% . The trading price change against the current closing price is 50.00% . |
Ultrack Systems Fundamentals Correlations and Trends
By evaluating Ultrack Systems' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Ultrack Systems' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ultrack financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ultrack Systems Pink Sheet history
Ultrack Systems 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 Ultrack is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultrack Systems 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 Ultrack Systems stock prices may prove useful in developing a viable investing in Ultrack Systems
Ultrack Systems, Inc. operates in the fleet tracking industry. Its products include battery-powered asset tracking devices, solar powered asset tracking devices, hard wired GPS trackers, GPS padlocks, plug and play trackers, iridium satellite trackers, and GPS dash camera tracker, as well as yard camera HD 720P solar and battery power IP yard cameras. Ultrack Systems operates under Scientific Technical Instruments classification in the United States and is traded on OTC Exchange. It employs 18 people.
Ultrack Systems Pink Sheet Technical Analysis
Ultrack Systems technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Ultrack Systems Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Ultrack Systems cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Ultrack Systems December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultrack Systems pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ultrack Systems shares will generate the highest return on investment. By undertsting and applying Ultrack Systems pink sheet market strength indicators, traders can identify Ultrack Systems entry and exit signals to maximize returns
Ultrack Systems Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultrack Systems' price direction in advance. Along with the technical and fundamental analysis of Ultrack Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultrack 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 | 0.1255 | |||
| Jensen Alpha | 6.86 | |||
| Total Risk Alpha | 0.0587 | |||
| Sortino Ratio | 0.1205 | |||
| Treynor Ratio | (1.29) |
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Complementary Tools for Ultrack Pink Sheet analysis
When running Ultrack Systems' price analysis, check to measure Ultrack Systems' 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 Ultrack Systems is operating at the current time. Most of Ultrack Systems' value examination focuses on studying past and present price action to predict the probability of Ultrack Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultrack Systems' price. Additionally, you may evaluate how the addition of Ultrack Systems to your portfolios can decrease your overall portfolio volatility.
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