Ultra Clean (Germany) Price on July 2, 2024
UCE Stock | EUR 36.00 0.60 1.69% |
If you're considering investing in Ultra Stock, it is important to understand the factors that can impact its price. As of today, the current price of Ultra Clean stands at 36.00, as last reported on the 27th of November, with the highest price reaching 36.20 and the lowest price hitting 36.00 during the day. Ultra Clean Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0875, which indicates the firm had a -0.0875% return per unit of risk over the last 3 months. Ultra Clean Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ultra Clean's Coefficient Of Variation of (1,031), risk adjusted performance of (0.07), and Variance of 16.52 to confirm the risk estimate we provide.
Ultra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultra |
Sharpe Ratio = -0.0875
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Estimated Market Risk
4.14 actual daily | 36 64% of assets are more volatile |
Expected Return
-0.36 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Ultra Clean 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 Ultra Clean by adding Ultra Clean to a well-diversified portfolio.
Ultra Clean Valuation on July 2, 2024
It is possible to determine the worth of Ultra Clean on a given historical date. On July 2, 2024 Ultra was worth 46.0 at the beginning of the trading date compared to the closed value of 45.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultra Clean stock. Still, in general, we apply an absolute valuation method to find Ultra Clean'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 Ultra Clean where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultra Clean's related companies.
Open | High | Low | Close | Volume | |
44.80 | 45.00 | 44.80 | 45.00 | 151.00 | |
07/02/2024 | 46.00 | 46.00 | 45.80 | 45.80 | 151.00 |
46.40 | 46.40 | 46.40 | 46.40 | 151.00 |
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Ultra Clean Trading Date Momentum on July 2, 2024
On July 03 2024 Ultra Clean Holdings was traded for 46.40 at the closing time. The highest daily price throughout the period was 46.40 and the lowest price was 46.40 . The daily volume was 151. The net trading volume on 07/03/2024 added to the next day price rise. The trading price change to closing price of the next trading day was 1.31% . The trading price change to current closing price is 7.42% . |
Ultra Clean Holdings Fundamentals Correlations and Trends
By evaluating Ultra Clean'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 Ultra Clean's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Ultra financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Ultra Clean Stock history
Ultra Clean 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 Ultra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultra Clean Holdings 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 Ultra Clean stock prices may prove useful in developing a viable investing in Ultra Clean
Ultra Clean Holdings, Inc. designs, develops, prototypes, engineers, manufactures, and tests production tools, modules, and subsystems for the semiconductor and display capital equipment industries primarily in North America, Asia, and Europe. Ultra Clean Holding, Inc. was founded in 1991 and is headquartered in Hayward, California. ULTRA CLEAN operates under Semiconductor Equipment Materials classification in Germany and is traded on Frankfurt Stock Exchange. It employs 3837 people.
Ultra Clean Stock Technical Analysis
Ultra Clean 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
Ultra Clean Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Ultra Clean Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt 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.
Ultra Clean November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultra Clean stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ultra Clean shares will generate the highest return on investment. By undertsting and applying Ultra Clean stock market strength indicators, traders can identify Ultra Clean Holdings entry and exit signals to maximize returns
Ultra Clean Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultra Clean's price direction in advance. Along with the technical and fundamental analysis of Ultra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultra 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 | (0.07) | |||
Jensen Alpha | (0.51) | |||
Total Risk Alpha | (1.04) | |||
Treynor Ratio | (0.47) |
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Complementary Tools for Ultra Stock analysis
When running Ultra Clean's price analysis, check to measure Ultra Clean'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 Ultra Clean is operating at the current time. Most of Ultra Clean's value examination focuses on studying past and present price action to predict the probability of Ultra Clean's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultra Clean's price. Additionally, you may evaluate how the addition of Ultra Clean to your portfolios can decrease your overall portfolio volatility.
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