Universal Music Group Stock Price on July 25, 2024

UMGNF Stock  USD 23.95  0.05  0.21%   
If you're considering investing in Universal Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Universal Music stands at 23.95, as last reported on the 26th of November, with the highest price reaching 24.08 and the lowest price hitting 23.54 during the day. Universal Music Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0483, which indicates the firm had a -0.0483% return per unit of risk over the last 3 months. Universal Music Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Universal Music's Risk Adjusted Performance of (0.03), coefficient of variation of (2,083), and Variance of 4.1 to confirm the risk estimate we provide.
  
Universal Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0483

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Estimated Market Risk

 2.06
  actual daily
18
82% of assets are more volatile

Expected Return

 -0.1
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average Universal Music 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 Universal Music by adding Universal Music to a well-diversified portfolio.

Related Headline

Gaia Headline on 25th of July 2024

Filed transaction by Gaia Inc Director. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3

Universal Music Valuation on July 25, 2024

It is possible to determine the worth of Universal Music on a given historical date. On July 25, 2024 Universal was worth 24.75 at the beginning of the trading date compared to the closed value of 23.76. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Universal Music pink sheet. Still, in general, we apply an absolute valuation method to find Universal Music'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 Universal Music where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Universal Music's related companies.
 Open High Low Close Volume
  30.29    30.68    27.52    29.81    5,900  
07/25/2024
  24.75    25.14    23.41    23.76    59,800  
  22.82    23.26    22.37    23.14    71,300  
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Open Value
24.75
23.76
Closing Value
30.93
Upside

Universal Music Trading Date Momentum on July 25, 2024

On July 26 2024 Universal Music Group was traded for  23.14  at the closing time. The highest daily price throughout the period was 23.26  and the lowest price was  22.37 . The daily volume was 71.3 K. The net trading volume on 07/26/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 2.61% . The trading price change to current closing price is 4.17% .

Universal Music Group Fundamentals Correlations and Trends

By evaluating Universal Music'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 Universal Music's 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 Music Pink Sheet history

Universal Music 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 Music Group 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 Music stock prices may prove useful in developing a viable investing in Universal Music
Universal Music Group N.V. operates as a music company worldwide. The company was incorporated in 2020 and is headquartered in Hilversum, the Netherlands. Universal Music is traded on OTC Exchange in the United States.

Universal Music Pink Sheet Technical Analysis

Universal Music technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Universal Music technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Universal Music 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 Music Period Price Range

Low
November 26, 2024
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Universal Music Group cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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 Music November 26, 2024 Market Strength

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

Universal Music Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Universal Music's price direction in advance. Along with the technical and fundamental analysis of Universal Pink Sheet 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 Pink Sheet analysis

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