Universal Electronics Stock Forecast - Accumulation Distribution
| UEIC Stock | USD 10.21 0.15 1.45% |
Universal Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Universal Electronics stock prices and determine the direction of Universal Electronics's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Universal Electronics' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Universal Electronics' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Universal Electronics' systematic risk associated with finding meaningful patterns of Universal Electronics fundamentals over time.
Check out Historical Fundamental Analysis of Universal Electronics to cross-verify your projections. Universal |
Open Interest Against 2024-04-19 Universal Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Universal Electronics' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Universal Electronics' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Universal Electronics stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Universal Electronics' open interest, investors have to compare it to Universal Electronics' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Universal Electronics is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Universal. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Universal Electronics cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Universal Electronics' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Universal Electronics' price structures and extracts relationships that further increase the generated results' accuracy.
The accumulation distribution (A/D) indicator shows the degree to which Universal Electronics is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Universal Electronics to determine if accumulation or reduction is taking place in the market. This value is adjusted by Universal Electronics trading volume to give more weight to distributions with higher volume over lower volume.| Previous Accumulation Distribution | Accumulation Distribution | Trend |
| 1064.53 | 0.0291 |
| Check Universal Electronics Volatility | Backtest Universal Electronics | Information Ratio |
Universal Electronics Trading Date Momentum
| On April 19 2024 Universal Electronics was traded for 10.21 at the closing time. The top price for the day was 10.30 and the lowest listed price was 10.00 . There was no trading activity during the period 0.0. Lack of trading volume on April 19, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 1.08% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume
| Compare Universal Electronics to competition |
Other Forecasting Options for Universal Electronics
For every potential investor in Universal, whether a beginner or expert, Universal Electronics' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Universal Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Universal. Basic forecasting techniques help filter out the noise by identifying Universal Electronics' price trends.Universal Electronics Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Universal Electronics stock to make a market-neutral strategy. Peer analysis of Universal Electronics could also be used in its relative valuation, which is a method of valuing Universal Electronics by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Universal Electronics Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Universal Electronics' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Universal Electronics' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Universal Electronics Market Strength Events
Market strength indicators help investors to evaluate how Universal Electronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Universal Electronics shares will generate the highest return on investment. By undertsting and applying Universal Electronics stock market strength indicators, traders can identify Universal Electronics entry and exit signals to maximize returns.
Universal Electronics Risk Indicators
The analysis of Universal Electronics' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Universal Electronics' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting universal stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.2 | |||
| Semi Deviation | 2.67 | |||
| Standard Deviation | 3.02 | |||
| Variance | 9.12 | |||
| Downside Variance | 9.21 | |||
| Semi Variance | 7.13 | |||
| Expected Short fall | (2.43) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Universal Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Universal Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Electronics Stock:Check out Historical Fundamental Analysis of Universal Electronics to cross-verify your projections. For information on how to trade Universal Stock refer to our How to Trade Universal Stock guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Universal Stock analysis
When running Universal Electronics' price analysis, check to measure Universal Electronics' 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 Electronics is operating at the current time. Most of Universal Electronics' value examination focuses on studying past and present price action to predict the probability of Universal Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Electronics' price. Additionally, you may evaluate how the addition of Universal Electronics to your portfolios can decrease your overall portfolio volatility.
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Is Universal Electronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Universal Electronics. If investors know Universal will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Universal Electronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Earnings Share (7.64) | Revenue Per Share 32.708 | Quarterly Revenue Growth (0.20) | Return On Assets (0.04) |
The market value of Universal Electronics is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Electronics' value that differs from its market value or its book value, called intrinsic value, which is Universal Electronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Universal Electronics' market value can be influenced by many factors that don't directly affect Universal Electronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Universal Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Electronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.