Union Bankshares Stock Probability of Future Stock Price Finishing Under 20.55
| UNB Stock | USD 34.40 0.45 1.33% |
Union |
Union Bankshares Target Price Odds to finish below 20.55
The tendency of Union Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 20.55 or more in 90 days |
| 34.40 | 90 days | 20.55 | near 1 |
Based on a normal probability distribution, the odds of Union Bankshares to drop to $ 20.55 or more in 90 days from now is near 1 (This Union Bankshares probability density function shows the probability of Union Stock to fall within a particular range of prices over 90 days) . Probability of Union Bankshares price to stay between $ 20.55 and its current price of $34.4 at the end of the 90-day period is about 90.76 .
Considering the 90-day investment horizon Union Bankshares has a beta of 0.57. This usually implies as returns on the market go up, Union Bankshares average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Union Bankshares will be expected to be much smaller as well. Additionally Union Bankshares has an alpha of 0.455, implying that it can generate a 0.46 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Union Bankshares Price Density |
| Price |
Predictive Modules for Union Bankshares
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Union Bankshares. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Union Bankshares Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Union Bankshares is not an exception. The market had few large corrections towards the Union Bankshares' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Union Bankshares, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Union Bankshares within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.46 | |
β | Beta against Dow Jones | 0.57 | |
σ | Overall volatility | 3.65 | |
Ir | Information ratio | 0.17 |
Union Bankshares Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Union Bankshares for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Union Bankshares can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| About 20.0% of the company outstanding shares are owned by insiders | |
| On 7th of November 2024 Union Bankshares paid $ 0.36 per share dividend to its current shareholders | |
| Latest headline from investing.com: U.S. Bancorps SWOT analysis stock poised for growth amid challenges |
Union Bankshares Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Union Stock often depends not only on the future outlook of the current and potential Union Bankshares' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Union Bankshares' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 4.5 M | |
| Cash And Short Term Investments | 327.2 M |
Union Bankshares Technical Analysis
Union Bankshares' future price can be derived by breaking down and analyzing its technical indicators over time. Union Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Union Bankshares. In general, you should focus on analyzing Union Stock price patterns and their correlations with different microeconomic environments and drivers.
Union Bankshares Predictive Forecast Models
Union Bankshares' time-series forecasting models is one of many Union Bankshares' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Union Bankshares' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Union Bankshares
Checking the ongoing alerts about Union Bankshares for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Union Bankshares help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| About 20.0% of the company outstanding shares are owned by insiders | |
| On 7th of November 2024 Union Bankshares paid $ 0.36 per share dividend to its current shareholders | |
| Latest headline from investing.com: U.S. Bancorps SWOT analysis stock poised for growth amid challenges |
Check out Union Bankshares Backtesting, Union Bankshares Valuation, Union Bankshares Correlation, Union Bankshares Hype Analysis, Union Bankshares Volatility, Union Bankshares History as well as Union Bankshares Performance. For information on how to trade Union Stock refer to our How to Trade Union Stock guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Regional Banks space 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 Union Bankshares. If investors know Union 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 Union Bankshares 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 (0.47) | Dividend Share 1.44 | Earnings Share 1.94 | Revenue Per Share 10.244 | Quarterly Revenue Growth (0.1) |
The market value of Union Bankshares is measured differently than its book value, which is the value of Union that is recorded on the company's balance sheet. Investors also form their own opinion of Union Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Union Bankshares' 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 Union Bankshares' market value can be influenced by many factors that don't directly affect Union Bankshares' 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 Union Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Union Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Union Bankshares' 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.