Universal Electronics Stock Price on October 9, 2024

UEIC Stock  USD 11.44  0.12  1.06%   
Below is the normalized historical share price chart for Universal Electronics extending back to February 16, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Universal Electronics stands at 11.44, as last reported on the 29th of November, with the highest price reaching 11.76 and the lowest price hitting 11.32 during the day.
IPO Date
12th of February 1993
200 Day MA
10.1117
50 Day MA
9.2152
Beta
1.135
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Universal Stock, it is important to understand the factors that can impact its price. Universal Electronics appears to be slightly risky, given 3 months investment horizon. Universal Electronics owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0902, which indicates the firm had a 0.0902% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Universal Electronics, which you can use to evaluate the volatility of the company. Please review Universal Electronics' Risk Adjusted Performance of 0.0801, coefficient of variation of 1070.04, and Semi Deviation of 2.77 to confirm if our risk estimates are consistent with your expectations.
  
The current year's Capital Stock is expected to grow to about 270.2 K, whereas Total Stockholder Equity is forecasted to decline to about 172.8 M. . At present, Universal Electronics' Price To Operating Cash Flows Ratio is projected to increase significantly based on the last few years of reporting. The current year's Price Cash Flow Ratio is expected to grow to 5.03, whereas Price To Sales Ratio is forecasted to decline to 0.27. Universal Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0902

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Estimated Market Risk

 5.12
  actual daily
45
55% of assets are more volatile

Expected Return

 0.46
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Universal Electronics is performing at about 7% 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 Universal Electronics by adding it to a well-diversified portfolio.
Price Book
0.9246
Enterprise Value Ebitda
20.975
Price Sales
0.3901
Shares Float
9.2 M
Wall Street Target Price
13.3333

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Universal Electronics Valuation on October 9, 2024

It is possible to determine the worth of Universal Electronics on a given historical date. On October 9, 2024 Universal was worth 8.49 at the beginning of the trading date compared to the closed value of 8.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Universal Electronics stock. Still, in general, we apply an absolute valuation method to find Universal Electronics' 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 Universal Electronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Universal Electronics' related companies.
 Open High Low Close Volume
  8.35    8.44    8.13    8.42    71,952  
10/09/2024
  8.49    8.56    8.08    8.16    153,941  
  8.09    8.20    7.91    8.20    94,264  
Backtest Universal Electronics  |  Universal Electronics History  |  Universal Electronics Valuation   PreviousNext  
Open Value
8.49
8.16
Closing Value
23.84
Upside

Universal Electronics Trading Date Momentum on October 9, 2024

On October 10 2024 Universal Electronics was traded for  8.20  at the closing time. The top price for the day was 8.20  and the lowest listed price was  7.91 . The trading volume for the day was 94.3 K. The trading history from October 10, 2024 was a factor to the next trading day price growth. The trading price change against the next closing price was 0.49% . The trading price change against the current closing price is 0.49% .

Universal Electronics Fundamentals Correlations and Trends

By evaluating Universal Electronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Universal Electronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Universal financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Universal Electronics Stock history

Universal Electronics 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 Universal is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Universal Electronics 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 Universal Electronics stock prices may prove useful in developing a viable investing in Universal Electronics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding12.9 M12.3 M
Net Income Applicable To Common Shares468.1 K444.6 K

Universal Electronics Quarterly Net Working Capital

89.52 Million

Universal Electronics Stock Technical Analysis

Universal Electronics 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 Universal Electronics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Universal Electronics 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

Universal Electronics Period Price Range

Low
November 29, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Universal Electronics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.

Universal Electronics November 29, 2024 Market Strength

Market strength indicators help investors to evaluate how Universal Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Universal Electronics shares will generate the highest return on investment. By undertsting and applying Universal Electronics stock market strength indicators, traders can identify Universal Electronics entry and exit signals to maximize returns

Universal Electronics Technical and Predictive Indicators

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

Complementary Tools for Universal Stock analysis

When running Universal Electronics' price analysis, check to measure Universal Electronics' 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 Universal Electronics is operating at the current time. Most of Universal Electronics' value examination focuses on studying past and present price action to predict the probability of Universal Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Electronics' price. Additionally, you may evaluate how the addition of Universal Electronics to your portfolios can decrease your overall portfolio volatility.
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