Ultra Blue Capital Etf Price on December 28, 2022
| UBCB Etf | USD 19.04 0.00 0.00% |
If you're considering investing in Ultra Etf, it is important to understand the factors that can impact its price. As of today, the current price of Ultra Blue stands at 19.04, as last reported on the 16th of April 2024, with the highest price reaching 19.04 and the lowest price hitting 19.04 during the day. We have found twenty-four technical indicators for Ultra Blue Capital, which you can use to evaluate the volatility of the etf. Please validate Ultra Blue's Risk Adjusted Performance of 0.0293, coefficient of variation of 2639.88, and Semi Deviation of 1.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Ultra Etf price history is provided at the adjusted basis, taking into account all of the recent filings.
Ultra |
Sharpe Ratio = 0.0
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Based on monthly moving average Ultra Blue 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 Ultra Blue by adding Ultra Blue to a well-diversified portfolio.
Ultra Blue Valuation on December 28, 2022
It is possible to determine the worth of Ultra Blue on a given historical date. On December 28, 2022 Ultra was worth 16.99 at the beginning of the trading date compared to the closed value of 16.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Ultra Blue etf. Still, in general, we apply an absolute valuation method to find Ultra Blue'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 Ultra Blue where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Ultra Blue's related companies.
| Open | High | Low | Close | Volume | |
| 17.22 | 17.22 | 17.22 | 17.22 | 1.00 | |
12/28/2022 | 16.99 | 16.99 | 16.99 | 16.99 | 103.00 |
| 17.22 | 17.22 | 17.20 | 17.20 | 104.00 |
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Ultra Blue Trading Date Momentum on December 28, 2022
| On December 29 2022 Ultra Blue Capital was traded for 17.20 at the closing time. The top price for the day was 17.22 and the lowest listed price was 17.20 . The trading volume for the day was 104. The trading history from December 29, 2022 was a factor to the next trading day price jump. The trading price change against the next closing price was 1.24% . The trading price change against the current closing price is 0.35% . |
About Ultra Blue Etf history
Ultra Blue 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 Ultra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Ultra Blue Capital 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 Ultra Blue stock prices may prove useful in developing a viable investing in Ultra Blue
Ultra Blue Etf Technical Analysis
Ultra Blue technical etf 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, etf market cycles, or different charting patterns.
Price Boundaries
Ultra Blue Period Price Range
Low | December 28, 2022
| High |
16.99 | 16.99 |
Ultra Blue April 16, 2024 Market Strength
Market strength indicators help investors to evaluate how Ultra Blue etf reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ultra Blue shares will generate the highest return on investment. By undertsting and applying Ultra Blue etf market strength indicators, traders can identify Ultra Blue Capital entry and exit signals to maximize returns
Ultra Blue Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Ultra Blue's price direction in advance. Along with the technical and fundamental analysis of Ultra Etf historical price patterns, it is also worthwhile for investors to track various predictive indicators of Ultra 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 | 0.0293 | |||
| Jensen Alpha | 0.0655 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.10) |
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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Ultra Blue Capital information on this page should be used as a complementary analysis to other Ultra Blue's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
The market value of Ultra Blue Capital is measured differently than its book value, which is the value of Ultra that is recorded on the company's balance sheet. Investors also form their own opinion of Ultra Blue's value that differs from its market value or its book value, called intrinsic value, which is Ultra Blue's 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 Ultra Blue's market value can be influenced by many factors that don't directly affect Ultra Blue's 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 Ultra Blue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultra Blue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultra Blue's 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.