United Natural Foods Stock Market Value
| UNFI Stock | USD 24.83 0.11 0.44% |
| Symbol | United |
United Natural Foods Price To Book Ratio
Is Consumer Staples Distribution & Retail 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 Natural. 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 Natural 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 (0.89) | Earnings Share (1.89) | Revenue Per Share 522.428 | Quarterly Revenue Growth 0.099 | Return On Assets 0.0123 |
The market value of United Natural Foods 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 Natural's value that differs from its market value or its book value, called intrinsic value, which is United Natural'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 Natural's market value can be influenced by many factors that don't directly affect United Natural'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 Natural's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Natural is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Natural'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 Natural '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 Natural'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 Natural.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in United Natural on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding United Natural Foods or generate 0.0% return on investment in United Natural over 360 days. United Natural is related to or competes with Chefs Warehouse, Mission Produce, Andersons, Performance Food, Sysco, Calavo Growers, and SpartanNash. United Natural Foods, Inc., together with its subsidiaries, distributes natural, organic, specialty, produce, and conven... More
United Natural 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 Natural'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 Natural Foods upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.15 | |||
| Information Ratio | 0.1605 | |||
| Maximum Drawdown | 40.04 | |||
| Value At Risk | (4.28) | |||
| Potential Upside | 5.68 |
United Natural Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Natural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Natural's standard deviation. In reality, there are many statistical measures that can use United Natural historical prices to predict the future United Natural's volatility.| Risk Adjusted Performance | 0.1531 | |||
| Jensen Alpha | 0.77 | |||
| Total Risk Alpha | 0.0968 | |||
| Sortino Ratio | 0.2436 | |||
| Treynor Ratio | 0.9108 |
United Natural Foods Backtested Returns
United Natural appears to be not too volatile, given 3 months investment horizon. United Natural Foods owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. By inspecting United Natural's technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please review United Natural's Semi Deviation of 2.46, risk adjusted performance of 0.1531, and Coefficient Of Variation of 528.42 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, United Natural holds a performance score of 12. The entity has a beta of 0.98, which indicates possible diversification benefits within a given portfolio. United Natural returns are very sensitive to returns on the market. As the market goes up or down, United Natural is expected to follow. Please check United Natural's sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether United Natural's existing price patterns will revert.
Auto-correlation | -0.82 |
Excellent reverse predictability
United Natural Foods has excellent reverse predictability. Overlapping area represents the amount of predictability between United Natural time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st 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 Natural Foods price movement. The serial correlation of -0.82 indicates that around 82.0% of current United Natural price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 12.57 |
United Natural Foods lagged returns against current returns
Autocorrelation, which is United Natural 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 Natural's stock expected returns. We can calculate the autocorrelation of United Natural returns to help us make a trade decision. For example, suppose you find that United Natural 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 |
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United Natural 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 Natural stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Natural stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Natural stock over time.
Current vs Lagged Prices |
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United Natural Lagged Returns
When evaluating United Natural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Natural stock have on its future price. United Natural 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 Natural autocorrelation shows the relationship between United Natural stock current value and its past values and can show if there is a momentum factor associated with investing in United Natural Foods.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether United Natural Foods offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Natural's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Natural Foods Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Natural Foods Stock:Check out United Natural Correlation, United Natural Volatility and United Natural Alpha and Beta module to complement your research on United Natural. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
United Natural 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.