United Tractors (Indonesia) Price on November 17, 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' Variance of 2.15, coefficient of variation of (47,804), and Risk Adjusted Performance of 0.0032 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.

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 November 17, 2023

It is possible to determine the worth of United Tractors on a given historical date. On November 17, 2023 United was worth 21373.9 at the beginning of the trading date compared to the closed value of 20849.81. 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
  21,351    21,511    21,009    21,374    2,570,000  
11/17/2023
  21,374    21,374    20,781    20,850    6,357,500  
  20,873    20,964    20,736    20,918    3,459,700  
Backtest United Tractors  |  United Tractors History  |  United Tractors Valuation   PreviousNext  
Open Value
21373.9
21,370
Downside
20849.81
Closing Value
21,378
Upside

United Tractors Trading Date Momentum on November 17, 2023

On November 20 2023 United Tractors Tbk was traded for  20,918  at the closing time. The highest price during the trading period was 20,964  and the lowest recorded bid was listed for  20,736 . The volume for the day was 3.5 M. This history from November 20, 2023 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.33% . The trading price change to the current price is 1.09% .

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

United Tractors Period Price Range

Low
November 30, 2024
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High

 0.00 

     

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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.

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.