United Insurance (Pakistan) Price on March 25, 2024
| UNIC Stock | 15.67 0.08 0.51% |
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 Insurance stands at 15.67, as last reported on the 26th of November, with the highest price reaching 15.90 and the lowest price hitting 15.65 during the day. United Insurance appears to be not too volatile, given 3 months investment horizon. United Insurance owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for United Insurance, which you can use to evaluate the volatility of the company. Please review United Insurance's Risk Adjusted Performance of 0.1413, coefficient of variation of 568.63, and Semi Deviation of 1.17 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 = 0.1784
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | UNIC | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.44 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.44 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average United Insurance is performing at about 14% 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 Insurance by adding it to a well-diversified portfolio.
United Insurance Valuation on March 25, 2024
It is possible to determine the worth of United Insurance on a given historical date. On March 25, 2024 United was worth 10.46 at the beginning of the trading date compared to the closed value of 10.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Insurance stock. Still, in general, we apply an absolute valuation method to find United Insurance'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 Insurance where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Insurance's related companies.
| Open | High | Low | Close | Volume | |
| 10.17 | 10.46 | 10.15 | 10.45 | 3,500 | |
03/25/2024 | 10.46 | 10.55 | 10.27 | 10.33 | 5,500 |
| 10.55 | 10.55 | 10.35 | 10.55 | 12,500 |
| Backtest United Insurance | | | United Insurance History | | | United Insurance Valuation | Previous | Next |
United Insurance Trading Date Momentum on March 25, 2024
| On March 26 2024 United Insurance was traded for 10.55 at the closing time. The highest price during the trading period was 10.55 and the lowest recorded bid was listed for 10.35 . The volume for the day was 12.5 K. This history from March 26, 2024 contributed to the next trading day price jump. The trading price change to the next closing price was 2.13% . The trading price change to the current price is 0.58% . |
About United Insurance Stock history
United Insurance 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 Insurance 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 Insurance stock prices may prove useful in developing a viable investing in United Insurance
United Insurance Stock Technical Analysis
United Insurance 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 Insurance Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
United Insurance cannot be verified against its exchange. Please verify the symbol is currently traded on Karachi Stock 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.
United Insurance November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how United Insurance 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 Insurance shares will generate the highest return on investment. By undertsting and applying United Insurance stock market strength indicators, traders can identify United Insurance entry and exit signals to maximize returns
United Insurance Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Insurance'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 | 0.1413 | |||
| Jensen Alpha | 0.3904 | |||
| Total Risk Alpha | 0.0405 | |||
| Sortino Ratio | 0.1856 | |||
| Treynor Ratio | 1.68 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for United Stock analysis
When running United Insurance's price analysis, check to measure United Insurance'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 Insurance is operating at the current time. Most of United Insurance's value examination focuses on studying past and present price action to predict the probability of United Insurance'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 Insurance's price. Additionally, you may evaluate how the addition of United Insurance to your portfolios can decrease your overall portfolio volatility.
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume |