United Utilities Group Stock Technical Analysis
| UUGRY Stock | USD 25.28 0.15 0.59% |
As of the 16th of April 2024, United Utilities has the Risk Adjusted Performance of (0.05), variance of 1.35, and Coefficient Of Variation of (1,135). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of United Utilities, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate data for thirteen technical drivers for United Utilities Group, which can be compared to its competition. Please validate United Utilities variance and skewness to decide if United Utilities is priced more or less accurately, providing market reflects its prevalent price of 25.28 per share. Given that United Utilities has information ratio of (0.14), we advise you to double-check United Utilities Group's current market performance to make sure the company can sustain itself at a future point.
United Utilities Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as United, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UnitedUnited |
United Utilities 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.
United Utilities Technical Analysis
The output start index for this execution was one with a total number of output elements of sixty. 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 United Utilities volatility. High ATR values indicate high volatility, and low values indicate low volatility.
United Utilities Trend Analysis
Use this graph to draw trend lines for United Utilities Group. You can use it to identify possible trend reversals for United Utilities 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 United Utilities price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.United Utilities Best Fit Change Line
The following chart estimates an ordinary least squares regression model for United Utilities Group applied against its price change over selected period. The best fit line has a slop of 0.01 , which may suggest that United Utilities Group market price will keep on failing further. It has 122 observation points and a regression sum of squares at 6.81, which is the sum of squared deviations for the predicted United Utilities price change compared to its average price change.About United Utilities 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 United Utilities Group 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 United Utilities Group based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on United Utilities price pattern first instead of the macroeconomic environment surrounding United Utilities. By analyzing United Utilities'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 United Utilities'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 United Utilities specific price patterns or momentum indicators. Please read more on our technical analysis page.
United Utilities April 16, 2024 Technical Indicators
Most technical analysis of United 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 United from various momentum indicators to cycle indicators. When you analyze United 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 | (0.05) | |||
| Market Risk Adjusted Performance | (0.23) | |||
| Mean Deviation | 0.8968 | |||
| Coefficient Of Variation | (1,135) | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.35 | |||
| Information Ratio | (0.14) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.24) | |||
| Maximum Drawdown | 5.63 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 2.16 | |||
| Skewness | 0.402 | |||
| Kurtosis | 0.2024 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Utilities Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for United Pink Sheet analysis
When running United Utilities' price analysis, check to measure United Utilities' 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 United Utilities is operating at the current time. Most of United Utilities' value examination focuses on studying past and present price action to predict the probability of United Utilities' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Utilities' price. Additionally, you may evaluate how the addition of United Utilities to your portfolios can decrease your overall portfolio volatility.
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