United Financial Statements From 2010 to 2024
| UNTNDelisted Stock | USD 17.50 0.00 0.00% |
Check United Tennessee financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among United Tennessee'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 Tennessee Valuation or Volatility modules.
United |
United Tennessee Bankshares OTC Stock Return On Equity Analysis
United Tennessee's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current United Tennessee Return On Equity | 0.086 |
Most of United Tennessee's fundamental indicators, such as Return On Equity, 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 Tennessee Bankshares is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
CompetitionBased on the latest financial disclosure, United Tennessee Bankshares has a Return On Equity of 0.086. This is 94.07% lower than that of the Thrifts & Mortgage Finance sector and significantly higher than that of the Financials industry. The return on equity for all United States stocks is 127.74% lower than that of the firm.
United Tennessee Ban Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining United Tennessee's current stock value. Our valuation model uses many indicators to compare United Tennessee value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across United Tennessee competition to find correlations between indicators driving United Tennessee's intrinsic value. More Info.United Tennessee Bankshares is rated below average in return on equity category among its peers. It is rated first in profit margin category among its peers fabricating about 3.24 of Profit Margin per Return On Equity. Comparative valuation analysis is a catch-all model that can be used if you cannot value United Tennessee by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for United Tennessee's OTC Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About United Tennessee Financial Statements
United Tennessee investors utilize fundamental indicators, such as revenue or net income, to predict how United OTC Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
United Tennessee Bankshares, Inc. operates as the holding company for Newport Federal Bank that provides various financial services to individuals and corporate customers. The company was founded in 1934 and is based in Newport, Tennessee. United Tennessee operates under BanksRegional classification in the United States and is traded on OTC Exchange.
Pair Trading with United Tennessee
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 Tennessee 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 Tennessee will appreciate offsetting losses from the drop in the long position's value.Moving together with United OTC Stock
The ability to find closely correlated positions to United Tennessee 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 Tennessee 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 Tennessee - 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 Tennessee Bankshares to buy it.
The correlation of United Tennessee 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 Tennessee moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Tennessee Ban 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 Tennessee 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.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any otc stock could be closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Other Consideration for investing in United OTC Stock
If you are still planning to invest in United Tennessee Ban check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the United Tennessee's history and understand the potential risks before investing.
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