United Fire Group Stock Price on October 29, 2024

UFCS Stock  USD 30.75  0.16  0.52%   
Below is the normalized historical share price chart for United Fire Group extending back to November 30, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of United Fire stands at 30.75, as last reported on the 11th of December 2024, with the highest price reaching 31.21 and the lowest price hitting 30.11 during the day.
IPO Date
26th of March 1990
200 Day MA
22.1196
50 Day MA
23.777
Beta
0.376
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. United Fire appears to be not too volatile, given 3 months investment horizon. United Fire Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. By inspecting United Fire's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review United Fire's Coefficient Of Variation of 547.98, risk adjusted performance of 0.1398, and Semi Deviation of 1.17 to confirm if our risk estimates are consistent with your expectations.
  
Common Stock Shares Outstanding is likely to gain to about 25.9 M in 2024, whereas Total Stockholder Equity is likely to drop slightly above 531.5 M in 2024. . At this time, United Fire's Price Fair Value is comparatively stable compared to the past year. United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.205

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Estimated Market Risk

 3.67
  actual daily
32
68% of assets are more volatile

Expected Return

 0.75
  actual daily
14
86% of assets have higher returns

Risk-Adjusted Return

 0.21
  actual daily
16
84% of assets perform better
Based on monthly moving average United Fire is performing at about 16% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of United Fire by adding it to a well-diversified portfolio.
Price Book
0.9968
Price Sales
0.6454
Shares Float
21.2 M
Dividend Share
0.64
Wall Street Target Price
26

United Fire Main Headline on 29th of October 2024

Filed transaction by United Fire Group Director, Officer: Director, Ceo. Grant, award or other acquisition pursuant to Rule 16b-3(d)

United Fire Valuation on October 29, 2024

It is possible to determine the worth of United Fire on a given historical date. On October 29, 2024 United was worth 19.76 at the beginning of the trading date compared to the closed value of 19.75. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Fire stock. Still, in general, we apply an absolute valuation method to find United Fire's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of United Fire where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Fire's related companies.
 Open High Low Close Volume
  19.69    20.17    19.63    19.98    107,374  
10/29/2024
  19.76    20.24    19.69    19.75    75,357  
  19.74    20.23    19.74    19.82    54,185  
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Open Value
19.76
19.75
Closing Value
30.77
Upside

United Fire Trading Date Momentum on October 29, 2024

On October 30 2024 United Fire Group was traded for  19.82  at the closing time. The top price for the day was 20.23  and the lowest listed price was  19.74 . The trading volume for the day was 54.2 K. The trading history from October 30, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 0.35% . The trading price change against the current closing price is 20.30% .

United Fire Group Fundamentals Correlations and Trends

By evaluating United Fire's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among United Fire's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About United Fire Stock history

United Fire investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United Fire Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing United Fire stock prices may prove useful in developing a viable investing in United Fire
Last ReportedProjected for Next Year
Common Stock Shares Outstanding25.2 M25.9 M
Net Income Applicable To Common Shares13.5 M12.9 M

United Fire Stock Technical Analysis

United Fire 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.
A focus of United Fire technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of United Fire trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

United Fire Period Price Range

Low
December 11, 2024
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High

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United Fire December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how United Fire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Fire shares will generate the highest return on investment. By undertsting and applying United Fire stock market strength indicators, traders can identify United Fire Group entry and exit signals to maximize returns

United Fire Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for United Fire's price direction in advance. Along with the technical and fundamental analysis of United Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for United Stock Analysis

When running United Fire's price analysis, check to measure United Fire'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 United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.