United Guardian Stock Market Value
| UG Stock | USD 9.79 0.05 0.51% |
| Symbol | United |
United Guardian Price To Book Ratio
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Guardian. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Guardian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.074 | Earnings Share 0.76 | Revenue Per Share 2.679 | Quarterly Revenue Growth 0.279 | Return On Assets 0.1777 |
The market value of United Guardian is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Guardian's value that differs from its market value or its book value, called intrinsic value, which is United Guardian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Guardian's market value can be influenced by many factors that don't directly affect United Guardian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Guardian's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Guardian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Guardian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
United Guardian 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to United Guardian's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of United Guardian.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in United Guardian on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding United Guardian or generate 0.0% return on investment in United Guardian over 720 days. United Guardian is related to or competes with Utah Medical, Union Bankshares, Psychemedics, and Unity Bancorp. United-Guardian, Inc. manufactures and markets cosmetic ingredients, pharmaceuticals, medical lubricants, and proprietar... More
United Guardian Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure United Guardian's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess United Guardian upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 23.1 | |||
| Value At Risk | (6.49) | |||
| Potential Upside | 4.79 |
United Guardian Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Guardian's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Guardian's standard deviation. In reality, there are many statistical measures that can use United Guardian historical prices to predict the future United Guardian's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (1.17) | |||
| Treynor Ratio | 2.04 |
United Guardian Backtested Returns
United Guardian owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. United Guardian exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate United Guardian's Coefficient Of Variation of (710.66), risk adjusted performance of (0.1), and Variance of 14.23 to confirm the risk estimate we provide. The entity has a beta of -0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning United Guardian are expected to decrease at a much lower rate. During the bear market, United Guardian is likely to outperform the market. At this point, United Guardian has a negative expected return of -0.5%. Please make sure to validate United Guardian's information ratio, potential upside, as well as the relationship between the Potential Upside and rate of daily change , to decide if United Guardian performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.8 |
Almost perfect reverse predictability
United Guardian has almost perfect reverse predictability. Overlapping area represents the amount of predictability between United Guardian time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of United Guardian price movement. The serial correlation of -0.8 indicates that around 80.0% of current United Guardian price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.8 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 6.73 |
United Guardian lagged returns against current returns
Autocorrelation, which is United Guardian stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting United Guardian's stock expected returns. We can calculate the autocorrelation of United Guardian returns to help us make a trade decision. For example, suppose you find that United Guardian has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
United Guardian regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If United Guardian stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Guardian stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Guardian stock over time.
Current vs Lagged Prices |
| Timeline |
United Guardian Lagged Returns
When evaluating United Guardian's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Guardian stock have on its future price. United Guardian autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, United Guardian autocorrelation shows the relationship between United Guardian stock current value and its past values and can show if there is a momentum factor associated with investing in United Guardian.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out United Guardian Correlation, United Guardian Volatility and United Guardian Alpha and Beta module to complement your research on United Guardian. For more detail on how to invest in United Stock please use our How to Invest in United Guardian guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
United Guardian 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.