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UMGNF
Stock ticker: OTC
AS OF
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Capitalization
46.82B

UMGNF Universal Music Group NV Forecast, Technical & Fundamental Analysis

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for UMGNF with price predictions
07:00 PM EST Nov 30, 2023

UMGNF in downward trend: price may decline as a result of having broken its higher Bollinger Band on November 14, 2023

UMGNF broke above its upper Bollinger Band on November 14, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 18 similar instances where the stock broke above the upper band. In of the 18 cases the stock fell afterwards. This puts the odds of success at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where UMGNF declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 10, 2023. You may want to consider a long position or call options on UMGNF as a result. In of 38 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for UMGNF just turned positive on November 14, 2023. Looking at past instances where UMGNF's MACD turned positive, the stock continued to rise in of 20 cases over the following month. The odds of a continued upward trend are .

UMGNF moved above its 50-day moving average on November 14, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for UMGNF crossed bullishly above the 50-day moving average on November 22, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 5 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where UMGNF advanced for three days, in of 99 cases, the price rose further within the following month. The odds of a continued upward trend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. UMGNF’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (16.529) is normal, around the industry mean (5.223). P/E Ratio (36.232) is within average values for comparable stocks, (75.577). Projected Growth (PEG Ratio) (2.807) is also within normal values, averaging (2.815). Dividend Yield (0.021) settles around the average of (0.063) among similar stocks. P/S Ratio (3.932) is also within normal values, averaging (116.862).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. UMGNF’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 88, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Netflix (NASDAQ:NFLX), Walt Disney Company (The) (NYSE:DIS), Roku (NASDAQ:ROKU), Paramount Global (NASDAQ:PARA), iQIYI (NASDAQ:IQ), AMC Entertainment Holdings (NYSE:AMC), HUYA (NYSE:HUYA).

Industry description

Movies/entertainment industry include companies that produce and distribute motion pictures, and companies that operate general entertainment facilities like amusement parks and bowling centers. Some companies in this industry also have professional sports franchises. Live Nation Entertainment, Inc., Liberty Media Corp. and Viacom Inc. are some of the biggest companies in this space.

Market Cap

The average market capitalization across the Movies/Entertainment Industry is 7.82B. The market cap for tickers in the group ranges from 134 to 209.65B. NFLX holds the highest valuation in this group at 209.65B. The lowest valued company is LRDG at 134.

High and low price notable news

The average weekly price growth across all stocks in the Movies/Entertainment Industry was 2%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was -10%. AMXX experienced the highest price growth at 99%, while BRSE experienced the biggest fall at -44%.

Volume

The average weekly volume growth across all stocks in the Movies/Entertainment Industry was 213%. For the same stocks of the Industry, the average monthly volume growth was 21% and the average quarterly volume growth was -27%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 51
P/E Growth Rating: 59
Price Growth Rating: 58
SMR Rating: 84
Profit Risk Rating: 88
Seasonality Score: 27 (-100 ... +100)
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A.I. Advisor
published General Information

General Information

Industry MoviesEntertainment

Profile
Fundamentals
Details
Industry
N/A
Address
Gravelandseweg 80
Phone
+31 886261500
Employees
9992
Web
https://www.universalmusic.com
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Groups containing UMGNF

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To UMGNF
1D Price
Change %
UMGNF100%
+2.89%
Movies/Entertainment
(undefined stocks)
30%
Poorly correlated
+1.59%