Unitronix Stock Price on October 28, 2024
| UTRX Stock | USD 0.13 0.01 8.33% |
If you're considering investing in Unitronix Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Unitronix stands at 0.13, as last reported on the 26th of November, with the highest price reaching 0.13 and the lowest price hitting 0.13 during the day. Unitronix is out of control given 3 months investment horizon. Unitronix 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 were able to interpolate data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 3.29% are justified by taking the suggested risk. Use Unitronix Semi Deviation of 9.17, risk adjusted performance of 0.1252, and Coefficient Of Variation of 660.85 to evaluate company specific risk that cannot be diversified away.
Unitronix Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Unitronix |
Sharpe Ratio = 0.178
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| Good Returns | UTRX | |||
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Estimated Market Risk
| 18.48 actual daily | 96 96% of assets are less volatile |
Expected Return
| 3.29 actual daily | 65 65% of assets have lower returns |
Risk-Adjusted Return
| 0.18 actual daily | 14 86% of assets perform better |
Based on monthly moving average Unitronix 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 Unitronix by adding it to a well-diversified portfolio.
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Unitronix Valuation on October 28, 2024
It is possible to determine the worth of Unitronix on a given historical date. On October 28, 2024 Unitronix was worth 0.085 at the beginning of the trading date compared to the closed value of 0.085. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unitronix pink sheet. Still, in general, we apply an absolute valuation method to find Unitronix'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 Unitronix where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unitronix's related companies.
| Open | High | Low | Close | Volume | |
| 0.08 | 0.12 | 0.08 | 0.09 | 37,390 | |
10/28/2024 | 0.09 | 0.09 | 0.09 | 0.09 | 50.00 |
| 0.08 | 0.08 | 0.08 | 0.08 | 2,200 |
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Unitronix Trading Date Momentum on October 28, 2024
| On October 29 2024 Unitronix was traded for 0.08 at the closing time. The top price for the day was 0.08 and the lowest listed price was 0.08 . The trading volume for the day was 2.2 K. The trading history from October 29, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 7.06% . The trading price change against the current closing price is 64.71% . |
Unitronix Fundamentals Correlations and Trends
By evaluating Unitronix'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 Unitronix's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Unitronix financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Unitronix Pink Sheet history
Unitronix 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 Unitronix is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unitronix 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 Unitronix stock prices may prove useful in developing a viable investing in Unitronix
Unitronix Corporation, a software development and services company, provides knowledge based tools to the mineral exploration industry. Unitronix Corporation was founded in 1975 and is based in Greenville, South Carolina. UNITRONIX CORP operates under Information Technology Services classification in the United States and is traded on OTC Exchange.
Unitronix Pink Sheet Technical Analysis
Unitronix 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.
Price Boundaries
Unitronix Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
Unitronix 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.
Unitronix November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how Unitronix 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 Unitronix shares will generate the highest return on investment. By undertsting and applying Unitronix pink sheet market strength indicators, traders can identify Unitronix entry and exit signals to maximize returns
Unitronix Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unitronix's price direction in advance. Along with the technical and fundamental analysis of Unitronix Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unitronix 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 | 0.1252 | |||
| Jensen Alpha | 2.34 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.1865 | |||
| Treynor Ratio | 0.7838 |
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Additional Tools for Unitronix Pink Sheet Analysis
When running Unitronix's price analysis, check to measure Unitronix'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 Unitronix is operating at the current time. Most of Unitronix's value examination focuses on studying past and present price action to predict the probability of Unitronix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unitronix's price. Additionally, you may evaluate how the addition of Unitronix to your portfolios can decrease your overall portfolio volatility.