United Bancorp Stock Market Value
| UBCP Stock | USD 12.92 0.28 2.12% |
| Symbol | United |
United Bancorp Price To Book Ratio
Is Regional Banks 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 United Bancorp. If investors know United 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 United Bancorp 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 (0.26) | Dividend Share 0.695 | Earnings Share 1.37 | Revenue Per Share | Quarterly Revenue Growth (0.05) |
The market value of United Bancorp is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Bancorp's value that differs from its market value or its book value, called intrinsic value, which is United Bancorp'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 United Bancorp's market value can be influenced by many factors that don't directly affect United Bancorp'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 United Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Bancorp'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.
United Bancorp 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to United Bancorp's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of United Bancorp.
| 11/27/2024 |
| 01/26/2025 |
If you would invest 0.00 in United Bancorp on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding United Bancorp or generate 0.0% return on investment in United Bancorp over 60 days. United Bancorp is related to or competes with Rhinebeck Bancorp, Shore Bancshares, First Northwest, Community West, First Financial, Great Southern, and Village Bank. United Bancorp, Inc. operates as the bank holding company for Unified Bank that provides commercial and retail banking s... More
United Bancorp Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure United Bancorp's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess United Bancorp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.31 | |||
| Information Ratio | 0.0284 | |||
| Maximum Drawdown | 15.21 | |||
| Value At Risk | (5.54) | |||
| Potential Upside | 5.1 |
United Bancorp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Bancorp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Bancorp's standard deviation. In reality, there are many statistical measures that can use United Bancorp historical prices to predict the future United Bancorp's volatility.| Risk Adjusted Performance | 0.0463 | |||
| Jensen Alpha | 0.1475 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0265 | |||
| Treynor Ratio | (0.42) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of United 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.
United Bancorp Backtested Returns
Currently, United Bancorp is not too volatile. United Bancorp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0146, which indicates the firm had a 0.0146 % return per unit of risk over the last 3 months. We have found thirty technical indicators for United Bancorp, which you can use to evaluate the volatility of the company. Please validate United Bancorp's Semi Deviation of 3.23, coefficient of variation of 2163.83, and Risk Adjusted Performance of 0.0463 to confirm if the risk estimate we provide is consistent with the expected return of 0.0456%. United Bancorp has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning United Bancorp are expected to decrease at a much lower rate. During the bear market, United Bancorp is likely to outperform the market. United Bancorp right now has a risk of 3.12%. Please validate United Bancorp semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if United Bancorp will be following its existing price patterns.
Auto-correlation | 0.33 |
Below average predictability
United Bancorp has below average predictability. Overlapping area represents the amount of predictability between United Bancorp time series from 27th of November 2024 to 27th of December 2024 and 27th of December 2024 to 26th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of United Bancorp price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current United Bancorp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
United Bancorp lagged returns against current returns
Autocorrelation, which is United Bancorp stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting United Bancorp's stock expected returns. We can calculate the autocorrelation of United Bancorp returns to help us make a trade decision. For example, suppose you find that United Bancorp has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
United Bancorp regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If United Bancorp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Bancorp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Bancorp stock over time.
Current vs Lagged Prices |
| Timeline |
United Bancorp Lagged Returns
When evaluating United Bancorp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Bancorp stock have on its future price. United Bancorp autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, United Bancorp autocorrelation shows the relationship between United Bancorp stock current value and its past values and can show if there is a momentum factor associated with investing in United Bancorp.
Regressed Prices |
| Timeline |
Pair Trading with United Bancorp
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 United Bancorp 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 United Bancorp will appreciate offsetting losses from the drop in the long position's value.Moving against United Stock
The ability to find closely correlated positions to United Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Bancorp 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 United Bancorp - 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 United Bancorp to buy it.
The correlation of United Bancorp 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 United Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Bancorp 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 United Bancorp 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 United Stock Analysis
When running United Bancorp's price analysis, check to measure United 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 United Bancorp is operating at the current time. Most of United Bancorp's value examination focuses on studying past and present price action to predict the probability of United 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 United Bancorp's price. Additionally, you may evaluate how the addition of United Bancorp to your portfolios can decrease your overall portfolio volatility.