United Financial Statements From 2010 to 2024
UBL Stock | 343.00 3.02 0.87% |
Check United Bank financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Bank's main balance sheet or income statement drivers, such as , as well as many indicators such as . United financial statements analysis is a perfect complement when working with United Bank Valuation or Volatility modules.
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United Bank Company Net Income Analysis
United Bank's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current United Bank Net Income | 30.41 B |
Most of United Bank's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, United Bank is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
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Based on the recorded statements, United Bank reported net income of 30.41 B. This is much higher than that of the Financial sector and significantly higher than that of the Banks industry. The net income for all Pakistan stocks is significantly lower than that of the firm.
United Bank Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining United Bank's current stock value. Our valuation model uses many indicators to compare United Bank value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across United Bank competition to find correlations between indicators driving United Bank's intrinsic value. More Info.United Bank is rated first in net income category among its peers. It is rated first in cash flow from operations category among its peers making about 10.78 of Cash Flow From Operations per Net Income. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the United Bank's earnings, one of the primary drivers of an investment's value.About United Bank Financial Statements
United Bank shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although United Bank investors may analyze each financial statement separately, they are all interrelated. The changes in United Bank's assets and liabilities, for example, are also reflected in the revenues and expenses on on United Bank's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Pair Trading with United Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if United Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in United Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with United Stock
The ability to find closely correlated positions to United Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back United Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling United Bank to buy it.
The correlation of United Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as United Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for United Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for United Stock Analysis
When running United Bank's price analysis, check to measure United Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Bank is operating at the current time. Most of United Bank's value examination focuses on studying past and present price action to predict the probability of United Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Bank's price. Additionally, you may evaluate how the addition of United Bank to your portfolios can decrease your overall portfolio volatility.