Unifirst Stock Market Value
| UNF Stock | USD 215.33 1.62 0.75% |
| Symbol | Unifirst |
Unifirst Price To Book Ratio
Is Commercial Services & Supplies 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 Unifirst. If investors know Unifirst 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 Unifirst 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 0.626 | Earnings Share 7.81 | Revenue Per Share | Quarterly Revenue Growth 0.119 | Return On Assets |
The market value of Unifirst is measured differently than its book value, which is the value of Unifirst that is recorded on the company's balance sheet. Investors also form their own opinion of Unifirst's value that differs from its market value or its book value, called intrinsic value, which is Unifirst'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 Unifirst's market value can be influenced by many factors that don't directly affect Unifirst'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 Unifirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unifirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unifirst'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.
Unifirst '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 Unifirst'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 Unifirst.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Unifirst on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Unifirst or generate 0.0% return on investment in Unifirst over 30 days. Unifirst is related to or competes with AZZ Incorporated, BrightView Holdings, Maximus, Network 1, First Advantage, Civeo Corp, and Cass Information. UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Can... More
Unifirst 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 Unifirst'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 Unifirst upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.57 | |||
| Information Ratio | 0.0659 | |||
| Maximum Drawdown | 23.94 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 3.16 |
Unifirst Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Unifirst's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Unifirst's standard deviation. In reality, there are many statistical measures that can use Unifirst historical prices to predict the future Unifirst's volatility.| Risk Adjusted Performance | 0.0844 | |||
| Jensen Alpha | 0.2856 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.1377 | |||
| Treynor Ratio | 3.66 |
Unifirst Backtested Returns
Unifirst appears to be very steady, given 3 months investment horizon. Unifirst owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Unifirst, which you can use to evaluate the volatility of the company. Please review Unifirst's Risk Adjusted Performance of 0.0844, coefficient of variation of 1089.8, and Semi Deviation of 1.35 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Unifirst holds a performance score of 8. The entity has a beta of 0.0796, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Unifirst's returns are expected to increase less than the market. However, during the bear market, the loss of holding Unifirst is expected to be smaller as well. Please check Unifirst's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Unifirst's existing price patterns will revert.
Auto-correlation | -0.55 |
Good reverse predictability
Unifirst has good reverse predictability. Overlapping area represents the amount of predictability between Unifirst time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th 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 Unifirst price movement. The serial correlation of -0.55 indicates that about 55.0% of current Unifirst price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 17.33 |
Unifirst lagged returns against current returns
Autocorrelation, which is Unifirst 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 Unifirst's stock expected returns. We can calculate the autocorrelation of Unifirst returns to help us make a trade decision. For example, suppose you find that Unifirst 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 |
Unifirst 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 Unifirst stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Unifirst stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Unifirst stock over time.
Current vs Lagged Prices |
| Timeline |
Unifirst Lagged Returns
When evaluating Unifirst's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Unifirst stock have on its future price. Unifirst 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, Unifirst autocorrelation shows the relationship between Unifirst stock current value and its past values and can show if there is a momentum factor associated with investing in Unifirst.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Unifirst is a strong investment it is important to analyze Unifirst's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Unifirst's future performance. For an informed investment choice regarding Unifirst Stock, refer to the following important reports:Check out Unifirst Correlation, Unifirst Volatility and Unifirst Alpha and Beta module to complement your research on Unifirst. For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Unifirst 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.