Unum Stock Forecast - Daily Balance Of Power
| UNM Stock | USD 77.07 0.86 1.13% |
Unum Stock Forecast is based on your current time horizon. Although Unum's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Unum's systematic risk associated with finding meaningful patterns of Unum fundamentals over time.
Unum |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.2299 | 0.371 |
| Check Unum Volatility | Backtest Unum | Trend Details |
Unum Trading Date Momentum
| On November 26 2024 Unum Group was traded for 76.21 at the closing time. Highest Unum's price during the trading hours was 76.27 and the lowest price during the day was 75.15 . The net volume was 1.3 M. The overall trading history on the 26th of November did not result in any price rise and fall. The trading price change to current price is 0.25% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Unum to competition |
Other Forecasting Options for Unum
For every potential investor in Unum, whether a beginner or expert, Unum's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Unum Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Unum. Basic forecasting techniques help filter out the noise by identifying Unum's price trends.Unum Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Unum stock to make a market-neutral strategy. Peer analysis of Unum could also be used in its relative valuation, which is a method of valuing Unum by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Unum Group Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Unum's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Unum's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Unum Market Strength Events
Market strength indicators help investors to evaluate how Unum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unum shares will generate the highest return on investment. By undertsting and applying Unum stock market strength indicators, traders can identify Unum Group entry and exit signals to maximize returns.
Unum Risk Indicators
The analysis of Unum's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Unum's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting unum stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.05 | |||
| Semi Deviation | 0.0772 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.46 | |||
| Downside Variance | 0.8734 | |||
| Semi Variance | 0.006 | |||
| Expected Short fall | (1.32) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Unum to cross-verify your projections. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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.