Universal Insurance Stock Forecast - Price Action Indicator
| UVE Stock | USD 19.00 0.22 1.17% |
Universal Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Universal Insurance stock prices and determine the direction of Universal Insurance Holdings's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Universal Insurance's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Universal Insurance's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Universal Insurance's systematic risk associated with finding meaningful patterns of Universal Insurance fundamentals over time.
Check out Historical Fundamental Analysis of Universal Insurance to cross-verify your projections. Universal |
Open Interest Against 2024-04-19 Universal Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Universal Insurance'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 Universal Insurance's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Universal Insurance 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 Universal Insurance's open interest, investors have to compare it to Universal Insurance'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 Universal Insurance 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 Universal. 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 Universal Insurance 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 Universal Insurance's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Universal Insurance'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 |
| (0.48) | 0.07 |
| Check Universal Insurance Volatility | Backtest Universal Insurance | Information Ratio |
Universal Insurance Trading Date Momentum
| On April 18 2024 Universal Insurance Holdings was traded for 19.00 at the closing time. Highest Universal Insurance's price during the trading hours was 19.34 and the lowest price during the day was 18.74 . There was no trading activity during the period 0.0. Lack of trading volume on the 18th of April 2024 did not result in any price rise and fall. The trading price change to current price is 1.16% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
| Compare Universal Insurance to competition |
Other Forecasting Options for Universal Insurance
For every potential investor in Universal, whether a beginner or expert, Universal Insurance's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Universal Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Universal. Basic forecasting techniques help filter out the noise by identifying Universal Insurance's price trends.Universal Insurance 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 Universal Insurance stock to make a market-neutral strategy. Peer analysis of Universal Insurance could also be used in its relative valuation, which is a method of valuing Universal Insurance by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Universal Insurance 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 Universal Insurance'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 Universal Insurance's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Universal Insurance Market Strength Events
Market strength indicators help investors to evaluate how Universal Insurance stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Universal Insurance shares will generate the highest return on investment. By undertsting and applying Universal Insurance stock market strength indicators, traders can identify Universal Insurance Holdings entry and exit signals to maximize returns.
Universal Insurance Risk Indicators
The analysis of Universal Insurance'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 Universal Insurance's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting universal 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 | 1.67 | |||
| Semi Deviation | 1.37 | |||
| Standard Deviation | 3.28 | |||
| Variance | 10.73 | |||
| Downside Variance | 2.4 | |||
| Semi Variance | 1.89 | |||
| Expected Short fall | (2.14) |
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.
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 Universal Insurance is a strong investment it is important to analyze Universal Insurance's 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 Universal Insurance's future performance. For an informed investment choice regarding Universal Stock, refer to the following important reports:Check out Historical Fundamental Analysis of Universal Insurance to cross-verify your projections. 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 Universal Stock analysis
When running Universal Insurance's price analysis, check to measure Universal Insurance'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 Universal Insurance is operating at the current time. Most of Universal Insurance's value examination focuses on studying past and present price action to predict the probability of Universal Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Universal Insurance's price. Additionally, you may evaluate how the addition of Universal Insurance to your portfolios can decrease your overall portfolio volatility.
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Is Universal Insurance'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 Universal Insurance. If investors know Universal 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 Universal Insurance 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 (0.17) | Dividend Share 0.64 | Earnings Share 2.22 | Revenue Per Share 46.652 | Quarterly Revenue Growth 0.137 |
The market value of Universal Insurance is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Insurance's value that differs from its market value or its book value, called intrinsic value, which is Universal Insurance'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 Universal Insurance's market value can be influenced by many factors that don't directly affect Universal Insurance'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 Universal Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Insurance'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.