Univest Earnings Yield from 2010 to 2024
| UVSP Stock | USD 30.92 0.47 1.54% |
Earnings Yield | First Reported 2010-12-31 | Previous Quarter 0.10939628 | Current Value 0.0594 | Quarterly Volatility 0.02312818 |
Check Univest Pennsylvania financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Univest Pennsylvania's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.6 M, Interest Expense of 159.3 M or Selling General Administrative of 131.3 M, as well as many indicators such as Price To Sales Ratio of 2.16, Dividend Yield of 0.0242 or PTB Ratio of 0.74. Univest financial statements analysis is a perfect complement when working with Univest Pennsylvania Valuation or Volatility modules.
Univest | Earnings Yield |
Latest Univest Pennsylvania's Earnings Yield Growth Pattern
Below is the plot of the Earnings Yield of Univest Pennsylvania over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. Univest Pennsylvania's Earnings Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Univest Pennsylvania's overall financial position and show how it may be relating to other accounts over time.
| Earnings Yield | 10 Years Trend |
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Earnings Yield |
| Timeline |
Univest Earnings Yield Regression Statistics
| Arithmetic Mean | 0.08 | |
| Geometric Mean | 0.07 | |
| Coefficient Of Variation | 29.77 | |
| Mean Deviation | 0.02 | |
| Median | 0.08 | |
| Standard Deviation | 0.02 | |
| Sample Variance | 0.0005 | |
| Range | 0.088 | |
| R-Value | 0.16 | |
| Mean Square Error | 0.0006 | |
| R-Squared | 0.03 | |
| Significance | 0.56 | |
| Slope | 0.0008 | |
| Total Sum of Squares | 0.01 |
Univest Earnings Yield History
About Univest Pennsylvania Financial Statements
Univest Pennsylvania shareholders use historical fundamental indicators, such as Earnings Yield, to determine how well the company is positioned to perform in the future. Although Univest Pennsylvania investors may analyze each financial statement separately, they are all interrelated. The changes in Univest Pennsylvania's assets and liabilities, for example, are also reflected in the revenues and expenses on on Univest Pennsylvania's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Earnings Yield | 0.11 | 0.06 |
Pair Trading with Univest Pennsylvania
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 Univest Pennsylvania 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 Univest Pennsylvania will appreciate offsetting losses from the drop in the long position's value.Moving together with Univest Stock
Moving against Univest Stock
| 0.48 | WF | Woori Financial Group | PairCorr |
| 0.34 | CFG-PE | Citizens Financial | PairCorr |
| 0.33 | TFC-PO | Truist Financial | PairCorr |
| 0.33 | TFC-PR | Truist Financial | PairCorr |
The ability to find closely correlated positions to Univest Pennsylvania could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Univest Pennsylvania 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 Univest Pennsylvania - 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 Univest Pennsylvania to buy it.
The correlation of Univest Pennsylvania 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 Univest Pennsylvania moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Univest Pennsylvania 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 Univest Pennsylvania 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 Univest Stock Analysis
When running Univest Pennsylvania's price analysis, check to measure Univest Pennsylvania'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 Univest Pennsylvania is operating at the current time. Most of Univest Pennsylvania's value examination focuses on studying past and present price action to predict the probability of Univest Pennsylvania's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Univest Pennsylvania's price. Additionally, you may evaluate how the addition of Univest Pennsylvania to your portfolios can decrease your overall portfolio volatility.