Union Bank Stock Forecast - Daily Balance Of Power
| UBCN0000 | LKR 11.40 0.40 3.64% |
Union Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Union Bank stock prices and determine the direction of Union Bank's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Union Bank's historical fundamentals, such as revenue growth or operating cash flow patterns.
Union |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.50) | (0.50) |
| Check Union Bank Volatility | Backtest Union Bank | Trend Details |
Union Bank Trading Date Momentum
| On December 13 2023 Union Bank was traded for 10.40 at the closing time. The highest price during the trading period was 10.50 and the lowest recorded bid was listed for 10.30 . The volume for the day was 60.9 K. This history from December 13, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 1.96% . The trading price change to the current price is 1.96% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Union Bank
For every potential investor in Union, whether a beginner or expert, Union Bank's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Union Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Union. Basic forecasting techniques help filter out the noise by identifying Union Bank's price trends.Union Bank Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Union Bank stock to make a market-neutral strategy. Peer analysis of Union Bank could also be used in its relative valuation, which is a method of valuing Union Bank by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Union Bank Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Union Bank's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Union Bank's current price.| Cycle Indicators | ||
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| Volume Indicators |
Union Bank Market Strength Events
Market strength indicators help investors to evaluate how Union Bank stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Union Bank shares will generate the highest return on investment. By undertsting and applying Union Bank stock market strength indicators, traders can identify Union Bank entry and exit signals to maximize returns.
Union Bank Risk Indicators
The analysis of Union Bank's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Union Bank's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting union stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.37 | |||
| Semi Deviation | 1.05 | |||
| Standard Deviation | 1.77 | |||
| Variance | 3.14 | |||
| Downside Variance | 2.71 | |||
| Semi Variance | 1.11 | |||
| Expected Short fall | (2.08) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Union Bank financial ratios help investors to determine whether Union Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Union with respect to the benefits of owning Union Bank security.