UNITED BANK (Nigeria) Price on January 23, 2025
| UBA Stock | 35.00 0.80 2.34% |
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 BANK stands at 35.00, as last reported on the 24th of January, with the highest price reaching 35.00 and the lowest price hitting 34.20 during the day. UNITED BANK appears to be very steady, given 3 months investment horizon. UNITED BANK FOR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for UNITED BANK FOR, which you can use to evaluate the volatility of the company. Please review UNITED BANK's risk adjusted performance of 0.1525, and Coefficient Of Variation of 584.0 to confirm if our risk estimates are consistent with your expectations.
UNITED Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
UNITED |
Sharpe Ratio = 0.1337
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 2.6 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.35 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.13 actual daily | 10 90% of assets perform better |
Based on monthly moving average UNITED BANK is performing at about 10% 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 BANK by adding it to a well-diversified portfolio.
UNITED BANK Valuation on January 23, 2025
It is possible to determine the worth of UNITED BANK on a given historical date. On January 23, 2025 UNITED was worth 34.2 at the beginning of the trading date compared to the closed value of 35.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UNITED BANK stock. Still, in general, we apply an absolute valuation method to find UNITED BANK'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 BANK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UNITED BANK's related companies.
| Open | High | Low | Close | Volume | |
| 34.00 | 34.20 | 33.95 | 34.20 | 27,006,478 | |
01/23/2025 | 34.20 | 35.00 | 34.20 | 35.00 | 37,446,420 |
| Backtest UNITED BANK | | | UNITED BANK History | Previous |
UNITED BANK Trading Date Momentum on January 23, 2025
| On January 23 2025 UNITED BANK FOR was traded for 35.00 at the closing time. The highest price during the trading period was 35.00 and the lowest recorded bid was listed for 34.20 . The volume for the day was 37.4 M. This history from January 23, 2025 did not result in any price rise and fall. The trading price change to the current price is 2.29% . |
Price Boundaries
UNITED BANK Period Price Range
Low | January 24, 2025
| High |
0.00 | 0.00 |
UNITED BANK FOR cannot be verified against its exchange. Please verify the symbol is currently traded on Nigerian Stock 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 BANK January 24, 2025 Market Strength
Market strength indicators help investors to evaluate how UNITED BANK 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 BANK shares will generate the highest return on investment. By undertsting and applying UNITED BANK stock market strength indicators, traders can identify UNITED BANK FOR entry and exit signals to maximize returns
UNITED BANK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for UNITED BANK'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 | 0.1525 | |||
| Jensen Alpha | 0.4605 | |||
| Total Risk Alpha | 0.3278 | |||
| Sortino Ratio | 0.1513 | |||
| Treynor Ratio | (1.28) |
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Additional Tools for UNITED Stock Analysis
When running UNITED BANK's price analysis, check to measure UNITED BANK'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 BANK is operating at the current time. Most of UNITED BANK's value examination focuses on studying past and present price action to predict the probability of UNITED BANK'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 BANK's price. Additionally, you may evaluate how the addition of UNITED BANK to your portfolios can decrease your overall portfolio volatility.