Unisys Stock Forecast - Daily Balance Of Power
| UIS Stock | USD 5.49 0.04 0.72% |
Unisys Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Unisys stock prices and determine the direction of Unisys's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Unisys' historical fundamentals, such as revenue growth or operating cash flow patterns. Although Unisys' naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Unisys' systematic risk associated with finding meaningful patterns of Unisys fundamentals over time.
Check out Historical Fundamental Analysis of Unisys to cross-verify your projections. Unisys |
Open Interest Against 2024-04-19 Unisys Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Unisys' spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Unisys' options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Unisys stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Unisys' open interest, investors have to compare it to Unisys' spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Unisys is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Unisys. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Unisys cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Unisys' time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Unisys' price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Unisys market sensitivity to bulls and bears. It estimates the ability of Unisys buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Unisys Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.1071 | (0.17) |
| Check Unisys Volatility | Backtest Unisys | Information Ratio |
Unisys Trading Date Momentum
| On April 18 2024 Unisys was traded for 5.49 at the closing time. Highest Unisys's price during the trading hours was 5.65 and the lowest price during the day was 5.41 . The net volume was 546.6 K. The overall trading history on the 18th of April 2024 did not result in any price rise and fall. The trading price change to current price is 0.18% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Unisys to competition |
Other Forecasting Options for Unisys
For every potential investor in Unisys, whether a beginner or expert, Unisys' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Unisys Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Unisys. Basic forecasting techniques help filter out the noise by identifying Unisys' price trends.Unisys Related Equities
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 Unisys stock to make a market-neutral strategy. Peer analysis of Unisys could also be used in its relative valuation, which is a method of valuing Unisys by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Unisys Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Unisys' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Unisys' current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Unisys Market Strength Events
Market strength indicators help investors to evaluate how Unisys stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unisys shares will generate the highest return on investment. By undertsting and applying Unisys stock market strength indicators, traders can identify Unisys entry and exit signals to maximize returns.
| Accumulation Distribution | 23216.41 | |||
| Daily Balance Of Power | (0.17) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 5.53 | |||
| Day Typical Price | 5.52 | |||
| Price Action Indicator | (0.06) | |||
| Period Momentum Indicator | (0.04) |
Unisys Risk Indicators
The analysis of Unisys' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Unisys' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting unisys stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 3.0 | |||
| Standard Deviation | 5.38 | |||
| Variance | 28.96 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Unisys in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Unisys' short interest history, or implied volatility extrapolated from Unisys options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Unisys is a strong investment it is important to analyze Unisys' 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 Unisys' future performance. For an informed investment choice regarding Unisys Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Unisys to cross-verify your projections. For more information on how to buy Unisys Stock please use our How to Invest in Unisys guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Unisys Stock analysis
When running Unisys' price analysis, check to measure Unisys' 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 Unisys is operating at the current time. Most of Unisys' value examination focuses on studying past and present price action to predict the probability of Unisys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unisys' price. Additionally, you may evaluate how the addition of Unisys to your portfolios can decrease your overall portfolio volatility.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |
Is Unisys' industry 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 Unisys. If investors know Unisys 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 Unisys listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.31) | Revenue Per Share 29.528 | Quarterly Revenue Growth 0.001 | Return On Assets (0.09) |
The market value of Unisys is measured differently than its book value, which is the value of Unisys that is recorded on the company's balance sheet. Investors also form their own opinion of Unisys' value that differs from its market value or its book value, called intrinsic value, which is Unisys' 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 Unisys' market value can be influenced by many factors that don't directly affect Unisys' 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 Unisys' value and its price as these two are different measures arrived at by different means. Investors typically determine if Unisys is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unisys' 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.