UnitedHealth Group Stock Forecast - Daily Balance Of Power

UNH Stock  USD 605.23  3.29  0.54%   
UnitedHealth Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of UnitedHealth Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
  
As of now, UnitedHealth Group's Payables Turnover is decreasing as compared to previous years. The UnitedHealth Group's current Asset Turnover is estimated to increase to 1.71, while Inventory Turnover is forecasted to increase to (8.40). . The UnitedHealth Group's current Common Stock Shares Outstanding is estimated to increase to about 1.2 B. The UnitedHealth Group's current Net Income Applicable To Common Shares is estimated to increase to about 24.3 B.
On October 17, 2024 UnitedHealth Group Incorporated had Daily Balance Of Power of 0.507. Balance of Power indicator (or BOP) measures the strength of UnitedHealth Group Incorporated market sensitivity to bulls and bears. It estimates the ability of UnitedHealth Group buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring UnitedHealth Group Balance of Power indicator one can determine a trend of the price direction.
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UnitedHealth Group Trading Date Momentum

On October 18 2024 UnitedHealth Group Incorporated was traded for  569.61  at the closing time. Highest UnitedHealth Group's price during the trading hours was 570.95  and the lowest price during the day was  563.04 . The net volume was 3.7 M. The overall trading history on the 18th of October 2024 contributed to the next trading period price growth. The trading price change to the next next day price was 0.63% . The trading price change to current price is 0.32% .
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 UnitedHealth Group

For every potential investor in UnitedHealth, whether a beginner or expert, UnitedHealth Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. UnitedHealth Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in UnitedHealth. Basic forecasting techniques help filter out the noise by identifying UnitedHealth Group's price trends.

UnitedHealth Group 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 UnitedHealth Group stock to make a market-neutral strategy. Peer analysis of UnitedHealth Group could also be used in its relative valuation, which is a method of valuing UnitedHealth Group by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

UnitedHealth Group 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 UnitedHealth Group'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 UnitedHealth Group's current price.

UnitedHealth Group Market Strength Events

Market strength indicators help investors to evaluate how UnitedHealth Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UnitedHealth Group shares will generate the highest return on investment. By undertsting and applying UnitedHealth Group stock market strength indicators, traders can identify UnitedHealth Group Incorporated entry and exit signals to maximize returns.

UnitedHealth Group Risk Indicators

The analysis of UnitedHealth Group'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 UnitedHealth Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting unitedhealth 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.
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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When determining whether UnitedHealth Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UnitedHealth Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Unitedhealth Group Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unitedhealth Group Incorporated Stock:
Is Health Care Providers & Services 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 UnitedHealth Group. If investors know UnitedHealth 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 UnitedHealth Group 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
0.043
Dividend Share
7.96
Earnings Share
15.4
Revenue Per Share
427.221
Quarterly Revenue Growth
0.092
The market value of UnitedHealth Group is measured differently than its book value, which is the value of UnitedHealth that is recorded on the company's balance sheet. Investors also form their own opinion of UnitedHealth Group's value that differs from its market value or its book value, called intrinsic value, which is UnitedHealth Group's 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 UnitedHealth Group's market value can be influenced by many factors that don't directly affect UnitedHealth Group's 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 UnitedHealth Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if UnitedHealth Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UnitedHealth Group's 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.