Unico American Stock Technical Analysis
| UNAM Stock | USD 0.06 0.01 9.09% |
As of the 23rd of November, Unico American has the Coefficient Of Variation of 1285.25, risk adjusted performance of 0.0682, and Variance of 26.03. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Unico American, as well as the relationship between them. Please validate Unico American variance and kurtosis to decide if Unico American is priced more or less accurately, providing market reflects its prevalent price of 0.06 per share. As Unico American appears to be a penny stock we also recommend to double-check its information ratio numbers.
Unico American Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Unico, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UnicoUnico |
Unico American 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.
Unico American Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. 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 Unico American volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Unico American Trend Analysis
Use this graph to draw trend lines for Unico American. You can use it to identify possible trend reversals for Unico American 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 Unico American price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Unico American Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Unico American applied against its price change over selected period. The best fit line has a slop of 0.000028 , which means Unico American will continue generating value for investors. It has 122 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Unico American price change compared to its average price change.About Unico American 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 Unico American 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 Unico American based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Unico American price pattern first instead of the macroeconomic environment surrounding Unico American. By analyzing Unico American'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 Unico American'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 Unico American specific price patterns or momentum indicators. Please read more on our technical analysis page.
Unico American November 23, 2024 Technical Indicators
Most technical analysis of Unico 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 Unico from various momentum indicators to cycle indicators. When you analyze Unico 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.
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| Volume Indicators |
| Risk Adjusted Performance | 0.0682 | |||
| Market Risk Adjusted Performance | 0.3468 | |||
| Mean Deviation | 1.7 | |||
| Coefficient Of Variation | 1285.25 | |||
| Standard Deviation | 5.1 | |||
| Variance | 26.03 | |||
| Information Ratio | 0.0522 | |||
| Jensen Alpha | 0.2482 | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | 0.3368 | |||
| Maximum Drawdown | 42.25 | |||
| Skewness | 2.35 | |||
| Kurtosis | 16.09 |
Other Information on Investing in Unico Pink Sheet
Unico American financial ratios help investors to determine whether Unico Pink Sheet 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 Unico with respect to the benefits of owning Unico American security.