BankUnited Stock Forecast - Market Risk Adjusted Performance
| BKU Stock | USD 25.87 0.68 2.70% |
BankUnited Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast BankUnited stock prices and determine the direction of BankUnited's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of BankUnited's historical fundamentals, such as revenue growth or operating cash flow patterns. Although BankUnited's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of BankUnited's systematic risk associated with finding meaningful patterns of BankUnited fundamentals over time.
Check out Historical Fundamental Analysis of BankUnited to cross-verify your projections. BankUnited |
Open Interest Against 2024-04-19 BankUnited Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast BankUnited's 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 BankUnited's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for BankUnited 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 BankUnited's open interest, investors have to compare it to BankUnited's 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 BankUnited 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 BankUnited. 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 BankUnited 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 BankUnited's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets BankUnited's price structures and extracts relationships that further increase the generated results' accuracy.
| Check BankUnited Volatility | Backtest BankUnited | Information Ratio |
BankUnited Trading Date Momentum
| On April 19 2024 BankUnited was traded for 25.87 at the closing time. Highest BankUnited's price during the trading hours was 26.03 and the lowest price during the day was 25.14 . There was no trading activity during the period 0.0. Lack of trading volume on the 19th of April did not affect price variability. The overall trading delta to current price is 2.13% . |
| Compare BankUnited to competition |
Other Forecasting Options for BankUnited
For every potential investor in BankUnited, whether a beginner or expert, BankUnited's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. BankUnited Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in BankUnited. Basic forecasting techniques help filter out the noise by identifying BankUnited's price trends.BankUnited 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 BankUnited stock to make a market-neutral strategy. Peer analysis of BankUnited could also be used in its relative valuation, which is a method of valuing BankUnited by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
BankUnited 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 BankUnited's 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 BankUnited's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
BankUnited Market Strength Events
Market strength indicators help investors to evaluate how BankUnited stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading BankUnited shares will generate the highest return on investment. By undertsting and applying BankUnited stock market strength indicators, traders can identify BankUnited entry and exit signals to maximize returns.
BankUnited Risk Indicators
The analysis of BankUnited's 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 BankUnited's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting bankunited 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 | 1.9 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.76 |
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.
Pair Trading with BankUnited
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BankUnited position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BankUnited will appreciate offsetting losses from the drop in the long position's value.Moving together with BankUnited Stock
| 0.75 | AX | Axos Financial Financial Report 25th of April 2024 | PairCorr |
| 0.92 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.86 | PB | Prosperity Bancshares Earnings Call This Week | PairCorr |
Moving against BankUnited Stock
| 0.54 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.52 | VBFC | Village Bank | PairCorr |
| 0.5 | TECTP | Tectonic Financial | PairCorr |
| 0.46 | WF | Woori Financial Group Financial Report 21st of May 2024 | PairCorr |
The ability to find closely correlated positions to BankUnited could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BankUnited 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 BankUnited - 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 BankUnited to buy it.
The correlation of BankUnited is a statistical measure of how it moves in relation to other instruments. 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 BankUnited moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BankUnited 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.
Correlation analysis and pair trading evaluation for BankUnited can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of BankUnited to cross-verify your projections. For more information on how to buy BankUnited Stock please use our How to Invest in BankUnited guide.You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Complementary Tools for BankUnited Stock analysis
When running BankUnited's price analysis, check to measure BankUnited'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 BankUnited is operating at the current time. Most of BankUnited's value examination focuses on studying past and present price action to predict the probability of BankUnited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BankUnited's price. Additionally, you may evaluate how the addition of BankUnited to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences |
Is BankUnited'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 BankUnited. If investors know BankUnited 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 BankUnited 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 (0.09) | Dividend Share 1.1 | Earnings Share 2.38 | Revenue Per Share 11.938 | Quarterly Revenue Growth 0.008 |
The market value of BankUnited is measured differently than its book value, which is the value of BankUnited that is recorded on the company's balance sheet. Investors also form their own opinion of BankUnited's value that differs from its market value or its book value, called intrinsic value, which is BankUnited'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 BankUnited's market value can be influenced by many factors that don't directly affect BankUnited'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 BankUnited's value and its price as these two are different measures arrived at by different means. Investors typically determine if BankUnited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BankUnited'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.