Union Pacific Stock Forecast - Daily Balance Of Power
| UNP Stock | USD 226.32 3.17 1.42% |
Union Stock Forecast is based on your current time horizon. Although Union Pacific's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Union Pacific's systematic risk associated with finding meaningful patterns of Union Pacific fundamentals over time.
Union |
| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.25) | (0.79) |
| Check Union Pacific Volatility | Backtest Union Pacific | Trend Details |
Union Pacific Trading Date Momentum
| On December 19 2024 Union Pacific was traded for 223.15 at the closing time. Highest Union Pacific's price during the trading hours was 226.57 and the lowest price during the day was 223.06 . The net volume was 2.7 M. The overall trading history on the 19th of December contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.62% . The trading price change to current price is 0.63% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for Union Pacific
For every potential investor in Union, whether a beginner or expert, Union Pacific's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Union Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Union. Basic forecasting techniques help filter out the noise by identifying Union Pacific's price trends.Union Pacific 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 Union Pacific stock to make a market-neutral strategy. Peer analysis of Union Pacific could also be used in its relative valuation, which is a method of valuing Union Pacific by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Union Pacific 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 Union Pacific'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 Union Pacific's current price.| Cycle Indicators | ||
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| Volume Indicators |
Union Pacific Market Strength Events
Market strength indicators help investors to evaluate how Union Pacific stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Union Pacific shares will generate the highest return on investment. By undertsting and applying Union Pacific stock market strength indicators, traders can identify Union Pacific entry and exit signals to maximize returns.
Union Pacific Risk Indicators
The analysis of Union Pacific'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 Union Pacific's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting union 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 | 1.03 | |||
| Standard Deviation | 1.48 | |||
| Variance | 2.19 |
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.
Pair Trading with Union Pacific
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 Union Pacific 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 Union Pacific will appreciate offsetting losses from the drop in the long position's value.Moving together with Union Stock
Moving against Union Stock
| 0.53 | AAL | American Airlines Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.51 | VLRS | Volaris | PairCorr |
| 0.51 | ALK | Alaska Air Group Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.49 | LTM | LATAM Airlines Group | PairCorr |
| 0.43 | UAL | United Airlines Holdings Fiscal Year End 27th of January 2025 | PairCorr |
The ability to find closely correlated positions to Union Pacific could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Union Pacific 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 Union Pacific - 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 Union Pacific to buy it.
The correlation of Union Pacific 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 Union Pacific moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Union Pacific 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 Union Pacific 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.Additional Tools for Union Stock Analysis
When running Union Pacific's price analysis, check to measure Union Pacific'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 Union Pacific is operating at the current time. Most of Union Pacific's value examination focuses on studying past and present price action to predict the probability of Union Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Union Pacific's price. Additionally, you may evaluate how the addition of Union Pacific to your portfolios can decrease your overall portfolio volatility.