UCO Bank (India) Price on December 6, 2023

UCOBANK Stock   45.13  0.89  2.01%   
If you're considering investing in UCO Stock, it is important to understand the factors that can impact its price. As of today, the current price of UCO Bank stands at 45.13, as last reported on the 4th of December, with the highest price reaching 45.48 and the lowest price hitting 44.41 during the day. UCO Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0664, which indicates the company had a -0.0664% return per unit of standard deviation over the last 3 months. UCO Bank exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate UCO Bank's Standard Deviation of 2.09, market risk adjusted performance of (0.46), and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide.
  
UCO Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0664

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Estimated Market Risk

 2.09
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.14
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.07
  actual daily
0
Most of other assets perform better
Based on monthly moving average UCO Bank 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 UCO Bank by adding UCO Bank to a well-diversified portfolio.

UCO Bank Valuation on December 6, 2023

It is possible to determine the worth of UCO Bank on a given historical date. On December 6, 2023 UCO was worth 39.79 at the beginning of the trading date compared to the closed value of 39.34. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of UCO Bank stock. Still, in general, we apply an absolute valuation method to find UCO 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 UCO Bank where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against UCO Bank's related companies.
 Open High Low Close Volume
  39.68    40.58    39.13    39.68    37,151,277  
12/06/2023
  39.79    39.94    39.04    39.34    14,069,327  
  39.28    40.18    38.78    39.68    15,956,530  
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Open Value
39.79
39.34
Closing Value
46.06
Upside

UCO Bank Trading Date Momentum on December 6, 2023

On December 07 2023 UCO Bank was traded for  39.68  at the closing time. The highest price during the trading period was 40.18  and the lowest recorded bid was listed for  38.78 . The volume for the day was 16 M. This history from December 7, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.86% . The trading price change to the current price is 3.79% .

UCO Bank Fundamentals Correlations and Trends

By evaluating UCO 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 UCO Bank's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. UCO financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About UCO Bank Stock history

UCO 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 UCO is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in UCO 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 UCO Bank stock prices may prove useful in developing a viable investing in UCO Bank

UCO Bank Stock Technical Analysis

UCO 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.
A focus of UCO Bank technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of UCO Bank trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

UCO Bank Period Price Range

Low
December 4, 2024
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High

 0.00 

     

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UCO Bank cannot be verified against its exchange. Please verify the symbol is currently traded on National Stock Exchange of India. 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.

UCO Bank December 4, 2024 Market Strength

Market strength indicators help investors to evaluate how UCO 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 UCO Bank shares will generate the highest return on investment. By undertsting and applying UCO Bank stock market strength indicators, traders can identify UCO Bank entry and exit signals to maximize returns

UCO Bank Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for UCO Bank's price direction in advance. Along with the technical and fundamental analysis of UCO Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of UCO 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.

Other Information on Investing in UCO Stock

UCO Bank financial ratios help investors to determine whether UCO Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in UCO with respect to the benefits of owning UCO Bank security.