Union Bankshares Stock Market Value
| UNB Stock | USD 27.76 0.16 0.58% |
| Symbol | Union |
Union Bankshares Price To Book Ratio
Is Union Bankshares' 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 Union Bankshares. If investors know Union 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 Union Bankshares 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 (0.13) | Dividend Share 1.44 | Earnings Share 2.48 | Revenue Per Share 10.7 | Quarterly Revenue Growth (0.05) |
The market value of Union Bankshares is measured differently than its book value, which is the value of Union that is recorded on the company's balance sheet. Investors also form their own opinion of Union Bankshares' value that differs from its market value or its book value, called intrinsic value, which is Union Bankshares' 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 Union Bankshares' market value can be influenced by many factors that don't directly affect Union Bankshares' 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 Union Bankshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Union Bankshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Union Bankshares' 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.
Union Bankshares '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 Union Bankshares' 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 Union Bankshares.
| 01/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Union Bankshares on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Union Bankshares or generate 0.0% return on investment in Union Bankshares over 90 days. Union Bankshares is related to or competes with Home Bancorp, TC Bancshares, Rhinebeck Bancorp, LINKBANCORP, Cullman Bancorp, Magyar Bancorp, and Lake Shore. Union Bankshares, Inc. operates as the bank holding company for Union Bank that provides retail, commercial, and municip... More
Union Bankshares 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 Union Bankshares' 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 Union Bankshares upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 15.83 | |||
| Value At Risk | (2.49) | |||
| Potential Upside | 2.5 |
Union Bankshares Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Union Bankshares' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Union Bankshares' standard deviation. In reality, there are many statistical measures that can use Union Bankshares historical prices to predict the future Union Bankshares' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.44) | |||
| Treynor Ratio | (0.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Union Bankshares' 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.
Union Bankshares Backtested Returns
Union Bankshares owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0642, which indicates the firm had a -0.0642% return per unit of risk over the last 3 months. Union Bankshares exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Union Bankshares' Variance of 4.23, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,352) to confirm the risk estimate we provide. The entity has a beta of 0.71, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Union Bankshares' returns are expected to increase less than the market. However, during the bear market, the loss of holding Union Bankshares is expected to be smaller as well. Union Bankshares has an expected return of -0.13%. Please make sure to validate Union Bankshares accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Union Bankshares performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.46 |
Modest reverse predictability
Union Bankshares has modest reverse predictability. Overlapping area represents the amount of predictability between Union Bankshares time series from 26th of January 2024 to 11th of March 2024 and 11th of March 2024 to 25th 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 Union Bankshares price movement. The serial correlation of -0.46 indicates that about 46.0% of current Union Bankshares price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 2.13 |
Union Bankshares lagged returns against current returns
Autocorrelation, which is Union Bankshares 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 Union Bankshares' stock expected returns. We can calculate the autocorrelation of Union Bankshares returns to help us make a trade decision. For example, suppose you find that Union Bankshares 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 |
Union Bankshares 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 Union Bankshares stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Union Bankshares stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Union Bankshares stock over time.
Current vs Lagged Prices |
| Timeline |
Union Bankshares Lagged Returns
When evaluating Union Bankshares' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Union Bankshares stock have on its future price. Union Bankshares 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, Union Bankshares autocorrelation shows the relationship between Union Bankshares stock current value and its past values and can show if there is a momentum factor associated with investing in Union Bankshares.
Regressed Prices |
| Timeline |
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 Union Bankshares 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, Union Bankshares' short interest history, or implied volatility extrapolated from Union Bankshares 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 Union Bankshares offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Union Bankshares' 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 Union Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Union Bankshares Stock:Check out Union Bankshares Correlation, Union Bankshares Volatility and Union Bankshares Alpha and Beta module to complement your research on Union Bankshares. For information on how to trade Union Stock refer to our How to Trade Union Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Complementary Tools for Union Stock analysis
When running Union Bankshares' price analysis, check to measure Union Bankshares' 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 Union Bankshares is operating at the current time. Most of Union Bankshares' value examination focuses on studying past and present price action to predict the probability of Union Bankshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Bankshares' price. Additionally, you may evaluate how the addition of Union Bankshares to your portfolios can decrease your overall portfolio volatility.
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Union Bankshares 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.