United Bankshares Stock Market Value
| UBSI Stock | USD 42.27 0.22 0.52% |
| Symbol | United |
United Bankshares Price To Book Ratio
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 United Bankshares. If investors know United 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 United 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 (0.01) | Dividend Share 1.48 | Earnings Share 2.65 | Revenue Per Share 7.498 | Quarterly Revenue Growth (0) |
The market value of United Bankshares is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Bankshares' value that differs from its market value or its book value, called intrinsic value, which is United 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 United Bankshares' market value can be influenced by many factors that don't directly affect United 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 United Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United 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.
United Bankshares 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to United Bankshares' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of United Bankshares.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in United Bankshares on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding United Bankshares or generate 0.0% return on investment in United Bankshares over 540 days. United Bankshares is related to or competes with Peoples Bancorp, Eagle Bancorp, Northrim BanCorp, Pacific Premier, Bank of Marin, First Financial, and TriCo Bancshares. United Bankshares, Inc., a financial holding company, primarily provides commercial and retail banking products and serv... More
United Bankshares Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure United Bankshares' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess United Bankshares upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.34 | |||
| Information Ratio | 0.0167 | |||
| Maximum Drawdown | 15.76 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 3.17 |
United Bankshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Bankshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Bankshares' standard deviation. In reality, there are many statistical measures that can use United Bankshares historical prices to predict the future United Bankshares' volatility.| Risk Adjusted Performance | 0.0677 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0269 | |||
| Treynor Ratio | 0.0763 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of United Bankshares' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
United Bankshares Backtested Returns
United Bankshares appears to be very steady, given 3 months investment horizon. United Bankshares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0894, which indicates the firm had a 0.0894% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for United Bankshares, which you can use to evaluate the volatility of the company. Please review United Bankshares' Coefficient Of Variation of 1247.98, risk adjusted performance of 0.0677, and Semi Deviation of 1.23 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, United Bankshares holds a performance score of 7. The entity has a beta of 2.15, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, United Bankshares will likely underperform. Please check United Bankshares' semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether United Bankshares' existing price patterns will revert.
Auto-correlation | 0.61 |
Good predictability
United Bankshares has good predictability. Overlapping area represents the amount of predictability between United Bankshares time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of United Bankshares price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current United Bankshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 9.42 |
United Bankshares lagged returns against current returns
Autocorrelation, which is United Bankshares stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting United Bankshares' stock expected returns. We can calculate the autocorrelation of United Bankshares returns to help us make a trade decision. For example, suppose you find that United Bankshares has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
United Bankshares regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If United Bankshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Bankshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Bankshares stock over time.
Current vs Lagged Prices |
| Timeline |
United Bankshares Lagged Returns
When evaluating United Bankshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Bankshares stock have on its future price. United Bankshares autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, United Bankshares autocorrelation shows the relationship between United Bankshares stock current value and its past values and can show if there is a momentum factor associated with investing in United Bankshares.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether United Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Bankshares' 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 United Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Bankshares Stock:Check out United Bankshares Correlation, United Bankshares Volatility and United Bankshares Alpha and Beta module to complement your research on United Bankshares. For more detail on how to invest in United Stock please use our How to Invest in United Bankshares guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
United Bankshares technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.