Uniti Group Stock Chance of Future Stock Price Finishing Under 2.61
| UNIT Stock | USD 5.90 0.24 4.24% |
Uniti |
Uniti Target Price Odds to finish below 2.61
The tendency of Uniti Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 2.61 or more in 90 days |
| 5.90 | 90 days | 2.61 | near 1 |
Based on a normal probability distribution, the odds of Uniti to drop to $ 2.61 or more in 90 days from now is near 1 (This Uniti Group probability density function shows the probability of Uniti Stock to fall within a particular range of prices over 90 days) . Probability of Uniti Group price to stay between $ 2.61 and its current price of $5.9 at the end of the 90-day period is about 88.48 .
Given the investment horizon of 90 days Uniti has a beta of 0.9. This usually implies Uniti Group market returns are related to returns on the market. As the market goes up or down, Uniti is expected to follow. Additionally Uniti Group has an alpha of 0.3982, implying that it can generate a 0.4 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Uniti Price Density |
| Price |
Predictive Modules for Uniti
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Uniti Group. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Uniti Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Uniti is not an exception. The market had few large corrections towards the Uniti's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Uniti Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Uniti within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.40 | |
β | Beta against Dow Jones | 0.90 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | 0.12 |
Uniti Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Uniti for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Uniti Group can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Uniti Group had very high historical volatility over the last 90 days | |
| Uniti Group currently holds 5.63 B in liabilities. Uniti Group has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Uniti's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 1.15 B. Net Loss for the year was (82.92 M) with profit before overhead, payroll, taxes, and interest of 975.38 M. | |
| Over 88.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Uniti Group Inc. to Present at the BofA Securities 2024 Leveraged Finance Conference |
Uniti Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Uniti Stock often depends not only on the future outlook of the current and potential Uniti's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Uniti's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 236.4 M | |
| Cash And Short Term Investments | 62.3 M |
Uniti Technical Analysis
Uniti's future price can be derived by breaking down and analyzing its technical indicators over time. Uniti Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Uniti Group. In general, you should focus on analyzing Uniti Stock price patterns and their correlations with different microeconomic environments and drivers.
Uniti Predictive Forecast Models
Uniti's time-series forecasting models is one of many Uniti's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Uniti's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Uniti Group
Checking the ongoing alerts about Uniti for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Uniti Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Uniti Group had very high historical volatility over the last 90 days | |
| Uniti Group currently holds 5.63 B in liabilities. Uniti Group has a current ratio of 0.59, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about Uniti's use of debt, we should always consider it together with its cash and equity. | |
| The entity reported the previous year's revenue of 1.15 B. Net Loss for the year was (82.92 M) with profit before overhead, payroll, taxes, and interest of 975.38 M. | |
| Over 88.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from gurufocus.com: Uniti Group Inc. to Present at the BofA Securities 2024 Leveraged Finance Conference |
Additional Tools for Uniti Stock Analysis
When running Uniti's price analysis, check to measure Uniti'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 Uniti is operating at the current time. Most of Uniti's value examination focuses on studying past and present price action to predict the probability of Uniti's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uniti's price. Additionally, you may evaluate how the addition of Uniti to your portfolios can decrease your overall portfolio volatility.