Unifi Inc Stock Market Value
| UFI Stock | USD 5.60 0.05 0.90% |
| Symbol | Unifi |
Unifi Inc Company Valuation
Is Textiles, Apparel & Luxury Goods 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 Unifi. If investors know Unifi 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 Unifi 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 (0.75) | Earnings Share (2.26) | Revenue Per Share 32.464 | Quarterly Revenue Growth 0.061 | Return On Assets (0.03) |
The market value of Unifi Inc is measured differently than its book value, which is the value of Unifi that is recorded on the company's balance sheet. Investors also form their own opinion of Unifi's value that differs from its market value or its book value, called intrinsic value, which is Unifi'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 Unifi's market value can be influenced by many factors that don't directly affect Unifi'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 Unifi's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unifi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unifi'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.
Unifi '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 Unifi'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 Unifi.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Unifi on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Unifi Inc or generate 0.0% return on investment in Unifi over 180 days. Unifi is related to or competes with Albany International, Toray Industries, Culp, and Toray Industries. Unifi, Inc., together with its subsidiaries, manufactures and sells recycled and synthetic products in the United States... More
Unifi 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 Unifi'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 Unifi Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 21.45 | |||
| Value At Risk | (6.13) | |||
| Potential Upside | 6.21 |
Unifi Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unifi's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unifi's standard deviation. In reality, there are many statistical measures that can use Unifi historical prices to predict the future Unifi's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (0.23) |
Unifi Inc Backtested Returns
Unifi Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Unifi Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Unifi's Risk Adjusted Performance of (0.05), variance of 12.7, and Coefficient Of Variation of (1,394) to confirm the risk estimate we provide. The entity has a beta of 1.17, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Unifi will likely underperform. At this point, Unifi Inc has a negative expected return of -0.36%. Please make sure to validate Unifi's potential upside, as well as the relationship between the rate of daily change and relative strength index , to decide if Unifi Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Unifi Inc has weak reverse predictability. Overlapping area represents the amount of predictability between Unifi time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Unifi Inc price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Unifi price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.3 |
Unifi Inc lagged returns against current returns
Autocorrelation, which is Unifi 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 Unifi's stock expected returns. We can calculate the autocorrelation of Unifi returns to help us make a trade decision. For example, suppose you find that Unifi 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 |
Unifi 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 Unifi stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unifi stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unifi stock over time.
Current vs Lagged Prices |
| Timeline |
Unifi Lagged Returns
When evaluating Unifi's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unifi stock have on its future price. Unifi 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, Unifi autocorrelation shows the relationship between Unifi stock current value and its past values and can show if there is a momentum factor associated with investing in Unifi Inc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Unifi Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Unifi'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 Unifi Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unifi Inc Stock:Check out Unifi Correlation, Unifi Volatility and Unifi Alpha and Beta module to complement your research on Unifi. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Unifi technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.