Unum Group Stock Chance of Future Stock Price Finishing Under 46.59

UNM Stock  USD 72.92  0.08  0.11%   
Unum's future price is the expected price of Unum instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Unum Group performance during a given time horizon utilizing its historical volatility. Check out Unum Backtesting, Unum Valuation, Unum Correlation, Unum Hype Analysis, Unum Volatility, Unum History as well as Unum Performance.
  
At this time, Unum's Price To Sales Ratio is very stable compared to the past year. As of the 11th of December 2024, Price Earnings Ratio is likely to grow to 11.48, while Price To Operating Cash Flows Ratio is likely to drop 4.59. Please specify Unum's target price for which you would like Unum odds to be computed.

Unum Target Price Odds to finish below 46.59

The tendency of Unum 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 PriceHorizonTarget PriceOdds to drop to $ 46.59  or more in 90 days
 72.92 90 days 46.59 
near 1
Based on a normal probability distribution, the odds of Unum to drop to $ 46.59  or more in 90 days from now is near 1 (This Unum Group probability density function shows the probability of Unum Stock to fall within a particular range of prices over 90 days) . Probability of Unum Group price to stay between $ 46.59  and its current price of $72.92 at the end of the 90-day period is about 84.96 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.34 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Unum will likely underperform. Additionally Unum Group has an alpha of 0.3108, implying that it can generate a 0.31 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta).
   Unum Price Density   
       Price  

Predictive Modules for Unum

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Unum 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.
Hype
Prediction
LowEstimatedHigh
71.3372.9274.51
Details
Intrinsic
Valuation
LowRealHigh
65.6382.2483.83
Details
Naive
Forecast
LowNextHigh
67.7969.3870.98
Details
12 Analysts
Consensus
LowTargetHigh
50.5155.5061.61
Details

Unum Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Unum is not an exception. The market had few large corrections towards the Unum'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 Unum Group, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Unum within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
0.31
β
Beta against Dow Jones1.34
σ
Overall volatility
7.31
Ir
Information ratio 0.22

Unum 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 Unum for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Unum 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.
Over 90.0% of the company outstanding shares are owned by institutional investors
On 15th of November 2024 Unum paid $ 0.42 per share dividend to its current shareholders
Latest headline from zacks.com: Heres Why Unum is a Strong Value Stock

Unum 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 Unum Stock often depends not only on the future outlook of the current and potential Unum'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. Unum's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding197.6 M
Cash And Short Term Investments38.6 B

Unum Technical Analysis

Unum's future price can be derived by breaking down and analyzing its technical indicators over time. Unum Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Unum Group. In general, you should focus on analyzing Unum Stock price patterns and their correlations with different microeconomic environments and drivers.

Unum Predictive Forecast Models

Unum's time-series forecasting models is one of many Unum'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 Unum'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 Unum Group

Checking the ongoing alerts about Unum for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Unum Group help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 90.0% of the company outstanding shares are owned by institutional investors
On 15th of November 2024 Unum paid $ 0.42 per share dividend to its current shareholders
Latest headline from zacks.com: Heres Why Unum is a Strong Value Stock
When determining whether Unum Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unum's 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 Unum Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unum Group Stock:
Check out Unum Backtesting, Unum Valuation, Unum Correlation, Unum Hype Analysis, Unum Volatility, Unum History as well as Unum Performance.
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Is Life & Health Insurance 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 Unum. If investors know Unum 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 Unum 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
2.392
Dividend Share
1.57
Earnings Share
9.21
Revenue Per Share
67.014
Quarterly Revenue Growth
0.04
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum's 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 Unum's market value can be influenced by many factors that don't directly affect Unum's 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 Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum's 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.