United Story

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UAL -- USA Stock  

USD 38.01  0.77  2.07%

As many millenniums are trying to avoid industrials space, it makes sense to summarize United Continental Holdings a little further and try to understand its current market patterns. As expected, United Continental is starting to reaffirm its true potential as stakeholders are becoming more and more confident in the future outlook. The returns on the market and returns on United Continental appear more or less related for the last few months. The trail of steady technical and fundamental indicators of the company denotes a medium-term price swing for stakeholders of United. United Continental is scheduled to announce its earnings today. The next earnings report is expected on the 19th of January 2021. The stock continues to experience above-average trading activities.
Published over a week ago
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Our new technical analysis of United Continental Holdings (NASDAQ:UAL)
The entity's average rating is Hold from 12 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on United Continental market sentiment investors' perception of the future value of United. Let us look at a few aspects of United technical analysis. Earning per share calculations of United Continental is based on official Zacks consensus of 11 analysts regarding United Continental's future annual earnings. Given the historical accuracy of 98.01%, the future earnings per share of the company is estimated to be -25.1347 with the lowest and highest values of -29.31 and -20.14, respectively. Please note that this consensus of annual earnings estimates for the firm is an estimate of EPS before non-recurring items and including employee stock options expenses.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of United Continental Holdings. In general, we focus on analyzing United Continental stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build United Continental's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of United Continental's intrinsic value. In addition to deriving basic predictive indicators for United Continental, we also check how macroeconomic factors affect United Continental price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does United Stands against Peers?

Analyzing United Continental competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to United Continental across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out United Continental Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions. It is good to see analyst projects for United Continental, but it might be worth checking our own buy vs. sell analysis

Closer look at United Continental Mean Deviation

United Continental Holdings has current Mean Deviation of 2.9. The mean deviation of the equity instrument is the first measure of the distances between each value of security historical prices and the mean. It gives us an idea of how spread out from the center the distribution of returns.

Mean Deviation is the average of the absolute values of the differences between price distribution numbers and their mean. Mean deviation of equity instrument with a lot of historical data is a biased estimator because the time horizon used in calculation will always be much smaller than the entire price history of the equity. The mean deviation is typically used as a measure of dispersion for small investment horizon, otherwise standard deviation is a better measure of dispersion.

Mean Deviation 
 = 
SUM(RET DEV) 
 = 
2.9
SUM = Summation notation
RET DEV = Sum of return deviations of United Continental
N = Number of calculation points for selected time horizon
Let's now compare United Continental Mean Deviation to its closest peers:
UAL
HA
AAL
ALK
CEA
UAL2.902595677685949
HA2.72
AAL2.78
ALK2.23
CEA1.56

United may start a correction in November

New mean deviation is at 2.9. United Continental Holdings shows above-average downside volatility for the selected time horizon. We advise investors to inspect United Continental Holdings further and ensure that all market timing and asset allocation strategies are consistent with the estimation of United Continental future alpha.

Our Conclusion on United Continental

While some other firms within the airlines industry are still a little expensive, even after the recent corrections, United Continental may offer a potential longer-term growth to stakeholders. With a somewhat neutral outlook on your 30 days horizon, it may be better to hold off any trading activity and neither purchase new shares of United nor trade your existing holdings in the Stock. It seems the expected volatility has not yet been fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to United Continental.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of United Continental Holdings. Please refer to our Terms of Use for any information regarding our disclosure principles.

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