United Arab (Egypt) Price on July 18, 2023
UASG Stock | 0.64 0.00 0.00% |
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 Arab stands at 0.64, as last reported on the 1st of December, with the highest price reaching 0.64 and the lowest price hitting 0.64 during the day. United Arab Shipping owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.34, which indicates the firm had a -0.34% return per unit of risk over the last 3 months. United Arab Shipping exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate United Arab's Coefficient Of Variation of (3,548), risk adjusted performance of (0.01), and Variance of 9.75 to confirm the risk estimate we provide.
United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
United |
Sharpe Ratio = -0.3396
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Estimated Market Risk
1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
-0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.34 actual daily | 0 Most of other assets perform better |
Based on monthly moving average United Arab is not performing at its full potential. However, 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 Arab by adding United Arab to a well-diversified portfolio.
United Arab Valuation on July 18, 2023
It is possible to determine the worth of United Arab on a given historical date. On July 18, 2023 United was worth 0.81 at the beginning of the trading date compared to the closed value of 0.82. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Arab stock. Still, in general, we apply an absolute valuation method to find United Arab'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 Arab where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Arab's related companies.
Open | High | Low | Close | Volume | |
0.81 | 0.82 | 0.81 | 0.81 | 484,223 | |
07/18/2023 | 0.81 | 0.82 | 0.81 | 0.82 | 408,817 |
0.82 | 0.84 | 0.82 | 0.82 | 395,794 |
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United Arab Trading Date Momentum on July 18, 2023
On July 19 2023 United Arab Shipping was traded for 0.82 at the closing time. The highest price during the trading period was 0.84 and the lowest recorded bid was listed for 0.82 . The volume for the day was 395.8 K. This history from July 19, 2023 did not result in any price rise and fall. The trading price change to the current price is 4.88% . |
Price Boundaries
United Arab Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
United Arab Shipping cannot be verified against its exchange. Please verify the symbol is currently traded on Egyptian 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.
United Arab December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how United Arab 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 Arab shares will generate the highest return on investment. By undertsting and applying United Arab stock market strength indicators, traders can identify United Arab Shipping entry and exit signals to maximize returns
United Arab Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Arab'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 | (0.01) | |||
Jensen Alpha | (0.11) | |||
Total Risk Alpha | (0.62) | |||
Treynor Ratio | (1.61) |
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Complementary Tools for United Stock analysis
When running United Arab's price analysis, check to measure United Arab'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 Arab is operating at the current time. Most of United Arab's value examination focuses on studying past and present price action to predict the probability of United Arab'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 Arab's price. Additionally, you may evaluate how the addition of United Arab to your portfolios can decrease your overall portfolio volatility.
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