Unitedhealth Group Incorporated Stock Market Value
| UNH Stock | USD 605.83 14.96 2.53% |
| Symbol | UnitedHealth |
Is Health Care Providers & Services 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 UnitedHealth Group. If investors know UnitedHealth 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 UnitedHealth Group 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 0.043 | Dividend Share 7.96 | Earnings Share 15.36 | Revenue Per Share 427.221 | Quarterly Revenue Growth 0.092 |
The market value of UnitedHealth Group is measured differently than its book value, which is the value of UnitedHealth that is recorded on the company's balance sheet. Investors also form their own opinion of UnitedHealth Group's value that differs from its market value or its book value, called intrinsic value, which is UnitedHealth Group'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 UnitedHealth Group's market value can be influenced by many factors that don't directly affect UnitedHealth Group'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 UnitedHealth Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if UnitedHealth Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UnitedHealth Group'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.
UnitedHealth Group '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 UnitedHealth Group'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 UnitedHealth Group.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in UnitedHealth Group on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding UnitedHealth Group Incorporated or generate 0.0% return on investment in UnitedHealth Group over 30 days. UnitedHealth Group is related to or competes with Cigna Corp, Humana, Elevance Health, Centene Corp, Molina Healthcare, CVS Health, and Alignment Healthcare. UnitedHealth Group Incorporated operates as a diversified health care company in the United States More
UnitedHealth Group 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 UnitedHealth Group'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 UnitedHealth Group Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.77 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.71 |
UnitedHealth Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for UnitedHealth Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as UnitedHealth Group's standard deviation. In reality, there are many statistical measures that can use UnitedHealth Group historical prices to predict the future UnitedHealth Group's volatility.| Risk Adjusted Performance | 0.0288 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0429 |
UnitedHealth Group Backtested Returns
UnitedHealth Group is very steady at the moment. UnitedHealth Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0172, which indicates the firm had a 0.0172% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for UnitedHealth Group Incorporated, which you can use to evaluate the volatility of the company. Please validate UnitedHealth Group's Semi Deviation of 1.76, risk adjusted performance of 0.0288, and Coefficient Of Variation of 3271.49 to confirm if the risk estimate we provide is consistent with the expected return of 0.0288%. UnitedHealth Group has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.94, which indicates possible diversification benefits within a given portfolio. UnitedHealth Group returns are very sensitive to returns on the market. As the market goes up or down, UnitedHealth Group is expected to follow. UnitedHealth Group right now has a risk of 1.67%. Please validate UnitedHealth Group semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if UnitedHealth Group will be following its existing price patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
UnitedHealth Group Incorporated has very weak reverse predictability. Overlapping area represents the amount of predictability between UnitedHealth Group time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 UnitedHealth Group price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current UnitedHealth Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 159.04 |
UnitedHealth Group lagged returns against current returns
Autocorrelation, which is UnitedHealth Group 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 UnitedHealth Group's stock expected returns. We can calculate the autocorrelation of UnitedHealth Group returns to help us make a trade decision. For example, suppose you find that UnitedHealth Group 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 |
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UnitedHealth Group 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 UnitedHealth Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if UnitedHealth Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in UnitedHealth Group stock over time.
Current vs Lagged Prices |
| Timeline |
UnitedHealth Group Lagged Returns
When evaluating UnitedHealth Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of UnitedHealth Group stock have on its future price. UnitedHealth Group 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, UnitedHealth Group autocorrelation shows the relationship between UnitedHealth Group stock current value and its past values and can show if there is a momentum factor associated with investing in UnitedHealth Group Incorporated.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether UnitedHealth Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UnitedHealth Group'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 Unitedhealth Group Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unitedhealth Group Incorporated Stock:Check out UnitedHealth Group Correlation, UnitedHealth Group Volatility and UnitedHealth Group Alpha and Beta module to complement your research on UnitedHealth Group. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
UnitedHealth Group 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.