Why Unity Bancorp is a Top Dividend Stock for Your Portfolio
| UNTY Stock | USD 46.16 1.34 2.82% |
Slightly above 62% of Unity Bancorp's investor base is looking to short. The analysis of overall sentiment of trading Unity Bancorp stock suggests that many investors are alarmed at this time. Unity Bancorp's investing sentiment can be driven by a variety of factors including economic data, Unity Bancorp's earnings reports, geopolitical events, and overall market trends.
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Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Unity Bancorp have what it takes Lets find out.
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Unity Bancorp Fundamental Analysis
We analyze Unity Bancorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Unity Bancorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Unity Bancorp 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.
Total Asset
Total Asset Comparative Analysis
Unity Bancorp is currently under evaluation in total asset category among its peers. Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Unity Bancorp 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 Unity Bancorp stock to make a market-neutral strategy. Peer analysis of Unity Bancorp could also be used in its relative valuation, which is a method of valuing Unity Bancorp by comparing valuation metrics with similar companies.
Peers
Unity Bancorp Related Equities
| TCBS | Texas Community | 1.46 | ||||
| WMPN | William Penn | 1.17 | ||||
| PBFS | Pioneer Bancorp | 0.77 | ||||
| OBT | Orange County | 0.14 | ||||
| MBCN | Middlefield Banc | 0.06 | ||||
| PMHG | Prime Meridian | 0.17 | ||||
| CHMG | Chemung Financial | 0.85 | ||||
| AFBI | Affinity Bancshares | 0.96 | ||||
| HFBL | Home Federal | 1.03 | ||||
| FRBA | First Bank | 1.29 | ||||
| MRBK | Meridian Bank | 1.49 | ||||
| CWBC | Community West | 2.16 | ||||
| STEL | Stellar Bancorp, | 2.39 | ||||
| PBHC | Pathfinder Bancorp | 2.90 |
Additional Tools for Unity Stock Analysis
When running Unity Bancorp's price analysis, check to measure Unity Bancorp'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 Unity Bancorp is operating at the current time. Most of Unity Bancorp's value examination focuses on studying past and present price action to predict the probability of Unity Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Bancorp's price. Additionally, you may evaluate how the addition of Unity Bancorp to your portfolios can decrease your overall portfolio volatility.