Union Bankshares Stock Price on May 2, 2024
UNB Stock | USD 37.04 0.66 1.75% |
Below is the normalized historical share price chart for Union Bankshares extending back to July 13, 2000. 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 Union Bankshares stands at 37.04, as last reported on the 4th of December, with the highest price reaching 37.48 and the lowest price hitting 36.33 during the day.
If you're considering investing in Union Stock, it is important to understand the factors that can impact its price. Union Bankshares appears to be very steady, given 3 months investment horizon. Union Bankshares owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. By inspecting Union Bankshares' technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please review Union Bankshares' Risk Adjusted Performance of 0.2018, coefficient of variation of 391.33, and Semi Deviation of 1.2 to confirm if our risk estimates are consistent with your expectations.
At present, Union Bankshares' Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock is expected to grow to about 10.2 M, whereas Total Stockholder Equity is forecasted to decline to about 54.2 M. . At present, Union Bankshares' Price To Sales Ratio is projected to drop slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 12.58, whereas Price Book Value Ratio is forecasted to decline to 1.78. Union Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 11th of June 1998 | 200 Day MA 26.623 | 50 Day MA 28.7246 | Beta 0.726 |
Union |
Sharpe Ratio = 0.2841
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | UNB | |||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns |
Estimated Market Risk
2.33 actual daily | 20 80% of assets are more volatile |
Expected Return
0.66 actual daily | 13 87% of assets have higher returns |
Risk-Adjusted Return
0.28 actual daily | 22 78% of assets perform better |
Based on monthly moving average Union Bankshares is performing at about 22% 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 Union Bankshares by adding it to a well-diversified portfolio.
Price Book 2.3592 | Price Sales 3.6774 | Shares Float 3.8 M | Dividend Share 1.44 | Earnings Share 1.94 |
Union Bankshares Main Headline on 2nd of May 2024
Union Bankshares dividend paid on 2nd of May 2024 |
Union Bankshares Valuation on May 2, 2024
It is possible to determine the worth of Union Bankshares on a given historical date. On May 2, 2024 Union was worth 25.71 at the beginning of the trading date compared to the closed value of 26.27. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Union Bankshares stock. Still, in general, we apply an absolute valuation method to find Union Bankshares' 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 Union Bankshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Union Bankshares' related companies.
Open | High | Low | Close | Volume | |
25.50 | 25.50 | 24.83 | 25.47 | 3,737 | |
05/02/2024 | 25.71 | 26.48 | 25.21 | 26.27 | 11,355 |
25.37 | 26.38 | 25.37 | 25.55 | 3,891 |
Backtest Union Bankshares | | | Union Bankshares History | | | Union Bankshares Valuation | Previous | Next |
Union Bankshares Trading Date Momentum on May 2, 2024
On May 03 2024 Union Bankshares was traded for 25.55 at the closing time. Highest Union Bankshares's price during the trading hours was 26.38 and the lowest price during the day was 25.37 . The net volume was 3.9 K. The overall trading history on the 3rd of May contributed to the next trading period price depreciation. The trading price change to the next next day price was 2.74% . The trading price change to current price is 5.60% . |
Union Bankshares Fundamentals Correlations and Trends
By evaluating Union Bankshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Union Bankshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Union financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Union Bankshares Stock history
Union Bankshares 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 Union is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Union Bankshares 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 Union Bankshares stock prices may prove useful in developing a viable investing in Union Bankshares
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 4.5 M | 3.6 M | |
Net Income Applicable To Common Shares | 14.5 M | 8 M |
Union Bankshares Stock Technical Analysis
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.
Price Boundaries
Union Bankshares Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Union Bankshares cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Union Bankshares December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Union Bankshares 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 Bankshares shares will generate the highest return on investment. By undertsting and applying Union Bankshares stock market strength indicators, traders can identify Union Bankshares entry and exit signals to maximize returns
Union Bankshares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Union Bankshares' price direction in advance. Along with the technical and fundamental analysis of Union Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Union 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.
Risk Adjusted Performance | 0.2018 | |||
Jensen Alpha | 0.5502 | |||
Total Risk Alpha | 0.2772 | |||
Sortino Ratio | 0.2794 | |||
Treynor Ratio | 1.22 |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
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.
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Fundamental Analysis View fundamental data based on most recent published financial statements |