United Bank (Pakistan) Price on October 11, 2024
| UBL Stock | 343.00 3.02 0.87% |
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 343.00, as last reported on the 27th of November, with the highest price reaching 380.62 and the lowest price hitting 339.01 during the day. United Bank appears to be very steady, given 3 months investment horizon. United Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.36, which indicates the firm had a 0.36% return per unit of risk over the last 3 months. By inspecting United Bank's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review United Bank's Risk Adjusted Performance of 0.262, coefficient of variation of 297.36, and Semi Deviation of 0.3004 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 = 0.3616
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Estimated Market Risk
| 1.55 actual daily | 13 87% of assets are more volatile |
Expected Return
| 0.56 actual daily | 11 89% of assets have higher returns |
Risk-Adjusted Return
| 0.36 actual daily | 28 72% of assets perform better |
Based on monthly moving average United Bank is performing at about 28% 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 October 11, 2024
It is possible to determine the worth of United Bank on a given historical date. On October 11, 2024 United was worth 297.85 at the beginning of the trading date compared to the closed value of 299.0. 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 | |
| 299.00 | 300.00 | 297.00 | 297.50 | 454,785 | |
10/11/2024 | 297.85 | 300.00 | 297.00 | 299.00 | 966,487 |
| 299.81 | 301.00 | 297.77 | 299.30 | 1,283,927 |
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United Bank Trading Date Momentum on October 11, 2024
| On October 14 2024 United Bank was traded for 299.30 at the closing time. The highest price during the trading period was 301.00 and the lowest recorded bid was listed for 297.77 . The volume for the day was 1.3 M. This history from October 14, 2024 contributed to the next trading day price gain. The trading price change to the next closing price was 0.10% . The trading price change to the current price is 2.00% . |
United Bank Fundamentals Correlations and Trends
By evaluating United Bank'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 Bank'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 Bank Stock history
United Bank 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 Bank 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 Bank stock prices may prove useful in developing a viable investing in United Bank
United Bank Stock Technical Analysis
United Bank 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 Bank Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
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United Bank November 27, 2024 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 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 | 0.262 | |||
| Jensen Alpha | 0.5583 | |||
| Total Risk Alpha | 0.267 | |||
| Sortino Ratio | 0.3892 | |||
| Treynor Ratio | (1.11) |
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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.