Universal Music Group Stock Price on August 11, 2023

UNVGY Stock  USD 11.89  0.06  0.51%   
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 11.89, as last reported on the 29th of November, with the highest price reaching 11.94 and the lowest price hitting 11.88 during the day. Universal Music Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0757, which indicates the firm had a -0.0757% 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 Variance of 2.06, coefficient of variation of (1,266), and Risk Adjusted Performance of (0.06) 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 = -0.0757

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Estimated Market Risk

 1.42
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.11
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  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.

Universal Music Valuation on August 11, 2023

It is possible to determine the worth of Universal Music on a given historical date. On August 11, 2023 Universal was worth 12.3 at the beginning of the trading date compared to the closed value of 12.37. 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
  12.48    12.70    12.48    12.55    66,791  
08/11/2023
  12.30    12.42    12.30    12.37    29,405  
  12.28    12.64    12.28    12.49    23,859  
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Open Value
12.3
12.37
Closing Value
16.55
Upside

Universal Music Trading Date Momentum on August 11, 2023

On August 14 2023 Universal Music Group was traded for  12.49  at the closing time. The highest daily price throughout the period was 12.64  and the lowest price was  12.28 . The daily volume was 23.9 K. The net trading volume on 08/14/2023 added to the next day price jump. The trading price change to closing price of the next trading day was 0.97% . The trading price change to current closing price is 1.05% .

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

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Universal Music November 29, 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.

Additional 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.