Unity Bancorp Stock Statistic Functions Beta

UNTY Stock  USD 45.40  0.25  0.55%   
Unity Bancorp statistic functions tool provides the execution environment for running the Beta function and other technical functions against Unity Bancorp. Unity Bancorp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Unity Bancorp statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Unity Bancorp correlated with the market. If Beta is less than 0 Unity Bancorp generally moves in the opposite direction as compared to the market. If Unity Bancorp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Unity Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Unity Bancorp is generally in the same direction as the market. If Beta > 1 Unity Bancorp moves generally in the same direction as, but more than the movement of the benchmark.

Unity Bancorp Technical Analysis Modules

Most technical analysis of Unity Bancorp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Unity from various momentum indicators to cycle indicators. When you analyze Unity charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Unity Bancorp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Unity Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Unity Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Unity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Unity Bancorp's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Unity Bancorp's intrinsic value. In addition to deriving basic predictive indicators for Unity Bancorp, we also check how macroeconomic factors affect Unity Bancorp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Unity Bancorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
43.6446.3349.02
Details
Intrinsic
Valuation
LowRealHigh
36.9039.5950.22
Details

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Additional Tools for Unity Stock Analysis

When running Unity Bancorp's price analysis, check to measure Unity Bancorp'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 Unity Bancorp is operating at the current time. Most of Unity Bancorp's value examination focuses on studying past and present price action to predict the probability of Unity Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Bancorp's price. Additionally, you may evaluate how the addition of Unity Bancorp to your portfolios can decrease your overall portfolio volatility.