Union Pacific Correlations

UNP
 Stock
  

USD 210.17  5.09  2.36%   

The correlation of Union Pacific is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Union Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Union Pacific Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
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The ability to find closely correlated positions to Union Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Union Pacific when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Union Pacific - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Union Pacific Corp to buy it.

Moving together with Union Pacific

0.95NSCNorfolk Southern CorpPairCorr
0.77ODFLOld Dominion FreightPairCorr
0.92OMIOwens MinorPairCorr
0.94UHALA M EPairCorr
0.86UPSUnited Parcel ServicePairCorr
0.94CNICanadian National Railway Earnings Call  In Two WeeksPairCorr
0.89CPCanadian Pacific RailwayPairCorr
0.92CSXCSX CorpPairCorr
0.65CJPRYCentral Japan RailwaPairCorr
0.75CJPRFCentral Japan RailwayPairCorr
0.66HCMCHealthier ChoicesPairCorr

Moving against Union Pacific

0.78SINOSino Global ShippingPairCorr
0.65KSUKansas City SouthernPairCorr

Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
WMTAXP
AXPUAL
WMTODFL
AXPODFL
UALODFL
UPSODFL
  
High negative correlations   
WMTT
OMWSUAL
AXPT
TUPS
OMWSODFL
TODFL

Union Pacific Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Union Pacific stock performing well and Union Pacific company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Union Pacific's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
ODFL 2.19  0.07  0.00 (0.15)  0.00 (0.0146)  0.00  4.01 (4.16)  20.42 
UAL 3.04  0.08  0.00 (0.15)  0.00 (0.0163)  0.00  6.94 (7.13)  19.37 
UPS 1.46 (0.06)  0.00 (0.25)  0.00 (0.0265)  0.00  2.33 (3.65)  9.15 
OMWS 14.58  3.44  0.16 (2.45)  11.68  0.14 (43.65)  53.85 (33.33)  143.71 
T 1.32  0.38  0.28  0.38  1.36  0.25 (1.53)  2.99 (2.47)  12.17 
AXP 1.90 (0.17)  0.00 (0.32)  0.00 (0.10)  0.00  3.46 (3.99)  9.74 
KO 1.08  0.18  0.13  0.05  1.75  0.15 (1.04)  2.14 (2.01)  10.05 
VZ 1.07  0.11  0.12  0.03  1.65  0.14 (1.09)  2.30 (2.42)  7.94 
WMT 1.35 (0.16)  0.00 (0.49)  0.00 (0.0331)  0.00  2.43 (2.47)  13.98 

Be your own money manager

Our tools can tell you how much better you can do entering a position in Union Pacific without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Union Pacific Corporate Directors

Union Pacific corporate directors refer to members of an Union Pacific board of directors. The board of directors generally takes responsibility for the Union Pacific's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Union Pacific's board members must vote for the resolution. The Union Pacific board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Andrew Card - Independent DirectorProfile
Charles Krulak - Independent DirectorProfile
Jose Villarreal - Independent DirectorProfile
Michael McCarthy - Lead Independent DirectorProfile

Investing Union Pacific Corp

You need to understand the risk of investing before taking a position in Union Pacific. The danger of trading Union Pacific Corp is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Union Pacific is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Union Pacific. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Union Pacific Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Also, please take a look at World Market Map. Note that the Union Pacific Corp information on this page should be used as a complementary analysis to other Union Pacific's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Union Pacific Corp price analysis, check to measure Union Pacific'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 Union Pacific is operating at the current time. Most of Union Pacific's value examination focuses on studying past and present price action to predict the probability of Union Pacific's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Union Pacific's price. Additionally, you may evaluate how the addition of Union Pacific to your portfolios can decrease your overall portfolio volatility.
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Is Union Pacific's 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 Union Pacific. If investors know Union 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 Union Pacific 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 YOY
0.28
Market Capitalization
132 B
Quarterly Revenue Growth YOY
0.17
Return On Assets
0.097
Return On Equity
0.48
The market value of Union Pacific Corp is measured differently than its book value, which is the value of Union that is recorded on the company's balance sheet. Investors also form their own opinion of Union Pacific's value that differs from its market value or its book value, called intrinsic value, which is Union Pacific'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 Union Pacific's market value can be influenced by many factors that don't directly affect Union Pacific'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 Union Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine Union Pacific value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Union Pacific'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.