United Fire Group Stock Alpha and Beta Analysis
| UFCS Stock | USD 30.47 0.58 1.94% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as United Fire Group. It also helps investors analyze the systematic and unsystematic risks associated with investing in United Fire over a specified time horizon. Remember, high United Fire's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to United Fire's market risk premium analysis include:
Beta 3.26 | Alpha 0.27 | Risk 3.66 | Sharpe Ratio 0.18 | Expected Return 0.68 |
Enterprise Value |
|
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
United |
United Fire Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. United Fire market risk premium is the additional return an investor will receive from holding United Fire long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in United Fire. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate United Fire's performance over market.| α | 0.27 | β | 3.26 |
United Fire expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of United Fire's Buy-and-hold return. Our buy-and-hold chart shows how United Fire performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.United Fire Market Price Analysis
Market price analysis indicators help investors to evaluate how United Fire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Fire shares will generate the highest return on investment. By understating and applying United Fire stock market price indicators, traders can identify United Fire position entry and exit signals to maximize returns.
United Fire Return and Market Media
The median price of United Fire for the period between Tue, Aug 27, 2024 and Mon, Nov 25, 2024 is 20.45 with a coefficient of variation of 12.15. The daily time series for the period is distributed with a sample standard deviation of 2.6, arithmetic mean of 21.43, and mean deviation of 1.91. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| United Fire dividend paid on 13th of September 2024 | 09/13/2024 |
1 | Acquisition by Milligan George D of 222 shares of United Fire at 20.3374 subject to Rule 16b-3 | 09/16/2024 |
2 | United Fire Group, Inc. Announces Its 2024 Third Quarter Earnings Call | 10/22/2024 |
3 | Acquisition by Kevin Leidwinger of 9095 shares of United Fire at 19.86 subject to Rule 16b-3 | 10/29/2024 |
4 | United Fire Non-GAAP EPS of 0.81 beats by 0.60, revenue of 322.96M beats by 16.16M | 11/05/2024 |
5 | Market Might Still Lack Some Conviction On United Fire Group, Inc. Even After 28 percent Share Price Boost | 11/07/2024 |
6 | United Fire Group, Inc. Q3 2024 Earnings Call Transcript | 11/11/2024 |
7 | United Fire declares 0.16 dividend | 11/15/2024 |
8 | United Fire Group director sells shares worth 101,985 | 11/19/2024 |
9 | Is United Fire Group Stock Undervalued Right Now | 11/21/2024 |
About United Fire Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including United or other stocks. Alpha measures the amount that position in United Fire Group has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0259 | 0.023 | 0.0318 | 0.0214 | Price To Sales Ratio | 0.55 | 0.7 | 0.46 | 0.72 |
United Fire Upcoming Company Events
As portrayed in its financial statements, the presentation of United Fire's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, United Fire's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of United Fire's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of United Fire. Please utilize our Beneish M Score to check the likelihood of United Fire's management manipulating its earnings.
| 21st of February 2024 Upcoming Quarterly Report | View | |
| 13th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with United Fire
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Additional Tools for United Stock Analysis
When running United Fire's price analysis, check to measure United Fire'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 Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire'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 Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.