United's Trading Volume Surges 61% but Ranks 153rd in Market Activity

On October 13, 2025, United reported a trading volume of $0.72 billion, marking a 61.48% increase from the previous day. The stock ranked 153rd in trading activity among the day's market performers. Meanwhile, American Antimony (UAMY) surged by 36.86%.

Recent developments suggest mixed dynamics for United. A strategic partnership with a key supplier in the rare earth materials sector was announced, signaling potential cost efficiencies. However, regulatory scrutiny over environmental compliance in its mining operations has raised concerns, with analysts noting potential operational delays. Market participants are also weighing the impact of shifting commodity prices, as United's exposure to base metals remains a double-edged sword amid fluctuating demand.

The back-test results reveal a modest total return of approximately 2.5% since 2022, with an annualised performance that remains low. The Sharpe ratio, below 0.2, indicates limited reward for the risk undertaken. Maximum drawdowns of nearly 8% highlight an unfavourable risk/return profile. Additionally, the average winning trade of +2.3% is outperformed by an average loss of -3.3%, compounded by a low hit-rate. Default parameters included an RSI oversold threshold of <20, close price for entries/exits, and a one-day holding period.