Bankunited Stock Market Value
| BKU Stock | USD 27.44 0.73 2.73% |
| Symbol | BankUnited |
BankUnited Price To Book Ratio
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 2.32 | 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.
BankUnited 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to BankUnited's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of BankUnited.
| 05/04/2022 |
| 04/23/2024 |
If you would invest 0.00 in BankUnited on May 4, 2022 and sell it all today you would earn a total of 0.00 from holding BankUnited or generate 0.0% return on investment in BankUnited over 720 days. BankUnited is related to or competes with HMN Financial, Lake Shore, and Rhinebeck Bancorp. BankUnited, Inc. operates as the bank holding company for BankUnited, a national banking association that provides a ran... More
BankUnited Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure BankUnited's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess BankUnited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 13.09 | |||
| Value At Risk | (5.83) | |||
| Potential Upside | 4.59 |
BankUnited Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BankUnited's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BankUnited's standard deviation. In reality, there are many statistical measures that can use BankUnited historical prices to predict the future BankUnited's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BankUnited's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
BankUnited Backtested Returns
BankUnited secures Sharpe Ratio (or Efficiency) of -0.0313, which signifies that the company had a -0.0313% return per unit of risk over the last 3 months. BankUnited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BankUnited's Risk Adjusted Performance of (0.01), mean deviation of 1.94, and Standard Deviation of 2.63 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.86, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BankUnited will likely underperform. BankUnited has an expected return of -0.0845%. Please make sure to confirm BankUnited information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if BankUnited performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
BankUnited has weak reverse predictability. Overlapping area represents the amount of predictability between BankUnited time series from 4th of May 2022 to 29th of April 2023 and 29th of April 2023 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BankUnited price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current BankUnited price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 14.5 |
BankUnited lagged returns against current returns
Autocorrelation, which is BankUnited stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting BankUnited's stock expected returns. We can calculate the autocorrelation of BankUnited returns to help us make a trade decision. For example, suppose you find that BankUnited has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
BankUnited regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If BankUnited stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BankUnited stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BankUnited stock over time.
Current vs Lagged Prices |
| Timeline |
BankUnited Lagged Returns
When evaluating BankUnited's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BankUnited stock have on its future price. BankUnited autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, BankUnited autocorrelation shows the relationship between BankUnited stock current value and its past values and can show if there is a momentum factor associated with investing in BankUnited.
Regressed Prices |
| Timeline |
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
| 0.77 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.92 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
Moving against BankUnited Stock
| 0.52 | KB | KB Financial Group Earnings Call This Week | PairCorr |
| 0.5 | VBFC | Village Bank | PairCorr |
| 0.48 | TECTP | Tectonic Financial | PairCorr |
| 0.43 | 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 BankUnited Correlation, BankUnited Volatility and BankUnited Alpha and Beta module to complement your research on BankUnited. For more information on how to buy BankUnited Stock please use our How to Invest in BankUnited guide.You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
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.
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BankUnited technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.