Universal Display Stock Technical Analysis
| OLED Stock | USD 167.06 1.16 0.70% |
As of the 21st of November, Universal Display has the Coefficient Of Variation of (1,471), variance of 5.96, and Risk Adjusted Performance of (0.04). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Universal Display, as well as the relationship between them. Please validate Universal Display standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Universal Display is priced more or less accurately, providing market reflects its prevalent price of 167.06 per share. Given that Universal Display has information ratio of (0.11), we advise you to double-check Universal Display's current market performance to make sure the company can sustain itself at a future point.
Universal Display Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Universal, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UniversalUniversal |
Universal Display Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 177.82 | Strong Buy | 10 | Odds |
Most Universal analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Universal stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Universal Display, talking to its executives and customers, or listening to Universal conference calls.
Universal Display 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.
Universal Display Technical Analysis
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Universal Display volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Universal Display Trend Analysis
Use this graph to draw trend lines for Universal Display. You can use it to identify possible trend reversals for Universal Display as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Universal Display price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Universal Display Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Universal Display applied against its price change over selected period. The best fit line has a slop of 0.44 , which may suggest that Universal Display market price will keep on failing further. It has 122 observation points and a regression sum of squares at 7468.96, which is the sum of squared deviations for the predicted Universal Display price change compared to its average price change.About Universal Display Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Universal Display on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Universal Display based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Universal Display price pattern first instead of the macroeconomic environment surrounding Universal Display. By analyzing Universal Display's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Universal Display's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Universal Display specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.00486 | 0.0111 | 0.007337 | 0.007703 | Price To Sales Ratio | 14.1 | 8.3 | 15.78 | 14.99 |
Universal Display November 21, 2024 Technical Indicators
Most technical analysis of Universal help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Universal from various momentum indicators to cycle indicators. When you analyze Universal charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.04) | |||
| Market Risk Adjusted Performance | (0.10) | |||
| Mean Deviation | 1.71 | |||
| Coefficient Of Variation | (1,471) | |||
| Standard Deviation | 2.44 | |||
| Variance | 5.96 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (0.11) | |||
| Maximum Drawdown | 15.98 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 3.04 | |||
| Skewness | (1.55) | |||
| Kurtosis | 5.66 |
Universal Display November 21, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Universal stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 19,516 | ||
| Daily Balance Of Power | 0.28 | ||
| Rate Of Daily Change | 1.01 | ||
| Day Median Price | 166.90 | ||
| Day Typical Price | 166.95 | ||
| Price Action Indicator | 0.74 |
Complementary Tools for Universal Stock analysis
When running Universal Display's price analysis, check to measure Universal Display'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 Display is operating at the current time. Most of Universal Display's value examination focuses on studying past and present price action to predict the probability of Universal Display'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 Display's price. Additionally, you may evaluate how the addition of Universal Display to your portfolios can decrease your overall portfolio volatility.
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Bonds Directory Find actively traded corporate debentures issued by US companies |