Union Bank Of India share price Today Live Updates Union Bank Of India - MintGenie
UNIONBANK | 118.16 1.09 0.91% |
About 62% of Union Bank's investor base is looking to short. The analysis of overall sentiment of trading Union Bank of stock suggests that many investors are alarmed at this time. The current market sentiment, together with Union Bank's historical and current headlines, can help investors time the market. In addition, many technical investors use Union Bank stock news signals to limit their universe of possible portfolio assets.
Union |
Union Bank Of India share price Today Live Updates Union Bank Of India MintGenie
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Union Bank Fundamental Analysis
We analyze Union Bank's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Union Bank using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Union Bank based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
Union Bank is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Union Bank Potential Pair-trading
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 Bank stock to make a market-neutral strategy. Peer analysis of Union Bank could also be used in its relative valuation, which is a method of valuing Union Bank by comparing valuation metrics with similar companies.
Peers
Union Bank Related Equities
SASKEN | Sasken Technologies | 2.22 | ||||
SELAN | Selan Exploration | 1.49 | ||||
IDEAFORGE | IdeaForge Technology | 0.36 | ||||
FCSSOFT | FCS Software | 0.30 | ||||
APTECHT | Aptech | 0.1 | ||||
SPTL | Sintex Plastics | 0.00 | ||||
AAREYDRUGS | Aarey Drugs | 2.01 |
Complementary Tools for Union Stock analysis
When running Union Bank's price analysis, check to measure Union Bank'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 Bank is operating at the current time. Most of Union Bank's value examination focuses on studying past and present price action to predict the probability of Union Bank'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 Bank's price. Additionally, you may evaluate how the addition of Union Bank to your portfolios can decrease your overall portfolio volatility.
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