United Tractors (Indonesia) Price on October 20, 2023
UNTR Stock | IDR 26,775 600.00 2.19% |
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 Tractors stands at 26,775, as last reported on the 30th of November, with the highest price reaching 27,500 and the lowest price hitting 26,775 during the day. United Tractors Tbk owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0109, which indicates the firm had a -0.0109% return per unit of risk over the last 3 months. United Tractors Tbk exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate United Tractors' Risk Adjusted Performance of 0.0032, coefficient of variation of (47,804), and Variance of 2.15 to confirm the risk estimate we provide.
United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
United |
Sharpe Ratio = -0.0109
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Estimated Market Risk
1.43 actual daily | 12 88% of assets are more volatile |
Expected Return
-0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average United Tractors 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 United Tractors by adding United Tractors to a well-diversified portfolio.
United Tractors Valuation on October 20, 2023
It is possible to determine the worth of United Tractors on a given historical date. On October 20, 2023 United was worth 23698.15 at the beginning of the trading date compared to the closed value of 23538.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Tractors stock. Still, in general, we apply an absolute valuation method to find United Tractors' 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 Tractors where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Tractors' related companies.
Open | High | Low | Close | Volume | |
24,063 | 24,063 | 23,698 | 23,721 | 2,946,300 | |
10/20/2023 | 23,698 | 23,744 | 23,516 | 23,539 | 3,499,000 |
23,539 | 23,561 | 22,787 | 22,787 | 6,286,900 |
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United Tractors Trading Date Momentum on October 20, 2023
On October 23 2023 United Tractors Tbk was traded for 22,787 at the closing time. The highest price during the trading period was 23,561 and the lowest recorded bid was listed for 22,787 . The volume for the day was 6.3 M. This history from October 23, 2023 contributed to the next trading day price decline. The trading price change to the next closing price was 3.19% . The trading price change to the current price is 1.16% . |
United Tractors Tbk Fundamentals Correlations and Trends
By evaluating United Tractors' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among United Tractors' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United Tractors Stock history
United Tractors 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 Tractors Tbk 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 Tractors stock prices may prove useful in developing a viable investing in United Tractors
United Tractors Stock Technical Analysis
United Tractors 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 Tractors Period Price Range
Low | November 30, 2024
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0.00 | 0.00 |
United Tractors Tbk cannot be verified against its exchange. Please verify the symbol is currently traded on Jakarta 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 Tractors November 30, 2024 Market Strength
Market strength indicators help investors to evaluate how United Tractors 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 Tractors shares will generate the highest return on investment. By undertsting and applying United Tractors stock market strength indicators, traders can identify United Tractors Tbk entry and exit signals to maximize returns
United Tractors Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Tractors' 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 | 0.0032 | |||
Jensen Alpha | 0.0153 | |||
Total Risk Alpha | (0.26) | |||
Treynor Ratio | 0.0587 |
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Other Information on Investing in United Stock
United Tractors financial ratios help investors to determine whether United 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 United with respect to the benefits of owning United Tractors security.