UnitedHealth Group Stock Forecast - Price Action Indicator
| UNHH34 Stock | 35.92 0.03 0.08% |
UnitedHealth Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast UnitedHealth Group stock prices and determine the direction of UnitedHealth Group Incorporated's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of UnitedHealth Group's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of UnitedHealth Group to cross-verify your projections. UnitedHealth |
Most investors in UnitedHealth Group 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 UnitedHealth Group's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets UnitedHealth Group's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.30) | 0.08 |
| Check UnitedHealth Group Volatility | Backtest UnitedHealth Group | Information Ratio |
UnitedHealth Group Trading Date Momentum
| On April 30 2024 UnitedHealth Group Incorporated was traded for 35.92 at the closing time. The highest price during the trading period was 36.00 and the lowest recorded bid was listed for 35.71 . The volume for the day was 46.3 K. This history from April 30, 2024 did not result in any price rise and fall. The trading price change to the current price is 0.03% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for UnitedHealth Group
For every potential investor in UnitedHealth, whether a beginner or expert, UnitedHealth Group's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. UnitedHealth Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in UnitedHealth. Basic forecasting techniques help filter out the noise by identifying UnitedHealth Group's price trends.UnitedHealth Group 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 UnitedHealth Group stock to make a market-neutral strategy. Peer analysis of UnitedHealth Group could also be used in its relative valuation, which is a method of valuing UnitedHealth Group by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
UnitedHealth Group 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 UnitedHealth Group'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 UnitedHealth Group's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
UnitedHealth Group Market Strength Events
Market strength indicators help investors to evaluate how UnitedHealth Group stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UnitedHealth Group shares will generate the highest return on investment. By undertsting and applying UnitedHealth Group stock market strength indicators, traders can identify UnitedHealth Group Incorporated entry and exit signals to maximize returns.
UnitedHealth Group Risk Indicators
The analysis of UnitedHealth Group'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 UnitedHealth Group's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting unitedhealth 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 | 1.32 | |||
| Semi Deviation | 2.04 | |||
| Standard Deviation | 1.88 | |||
| Variance | 3.55 | |||
| Downside Variance | 4.75 | |||
| Semi Variance | 4.15 | |||
| Expected Short fall | (1.20) |
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 UnitedHealth Group 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, UnitedHealth Group's short interest history, or implied volatility extrapolated from UnitedHealth Group 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 UnitedHealth Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of UnitedHealth Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Unitedhealth Group Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Unitedhealth Group Incorporated Stock:Check out Historical Fundamental Analysis of UnitedHealth Group to cross-verify your projections. Note that the UnitedHealth Group information on this page should be used as a complementary analysis to other UnitedHealth Group'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 the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for UnitedHealth Stock analysis
When running UnitedHealth Group's price analysis, check to measure UnitedHealth Group'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 UnitedHealth Group is operating at the current time. Most of UnitedHealth Group's value examination focuses on studying past and present price action to predict the probability of UnitedHealth Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UnitedHealth Group's price. Additionally, you may evaluate how the addition of UnitedHealth Group to your portfolios can decrease your overall portfolio volatility.
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