UNITY BANK is selling at 1.51 as of the 22nd of November 2024; that is No Change since the beginning of the trading day. The stock's open price was 1.51. UNITY BANK has hardly any chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for UNITY BANK PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
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 UNITY BANK stock to make a market-neutral strategy. Peer analysis of UNITY BANK could also be used in its relative valuation, which is a method of valuing UNITY BANK by comparing valuation metrics with similar companies.