United Natural Foods Stock Momentum Indicators Balance Of Power
| UNFI Stock | USD 24.72 0.14 0.57% |
| Symbol |
Indicator |
The output start index for this execution was zero with a total number of output elements of sixty-one. The Balance Of Power measures the strength of United Natural market sensitivity to bulls and bears. It estimates the ability of United Natural Foods to push price to an extreme high or extreme low level. As a result, by monitoring United Natural Balance of Power indicator one can determine a trend of the price direction
United Natural Technical Analysis Modules
Most technical analysis of United Natural help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for United from various momentum indicators to cycle indicators. When you analyze United charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About United Natural Predictive Technical Analysis
Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of United Natural Foods. We use our internally-developed statistical techniques to arrive at the intrinsic value of United Natural Foods based on widely used predictive technical indicators. In general, we focus on analyzing United Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build United Natural's daily price indicators and compare them against related drivers, such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of United Natural's intrinsic value. In addition to deriving basic predictive indicators for United Natural, we also check how macroeconomic factors affect United Natural price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
| 2011 | 2015 | 2020 | 2024 (projected) | Days Sales Outstanding | 21.16 | 15.16 | 11.23 | 14.94 | PTB Ratio | 1.64 | 0.93 | 0.53 | 1.31 |
Learn to be your own money manager
As an individual investor, you need to find a reliable way to track all your investment portfolios' performance accurately. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing you full analytical transparency into your positions, our tools can tell you how much better you can do without increasing your risk or reducing expected return.Did you try this?
Run Watchlist Optimization Now
Watchlist OptimizationOptimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm |
| All Next | Launch Module |
United Natural Foods pair trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if United Natural position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in United Natural will appreciate offsetting losses from the drop in the long position's value.United Natural Pair Trading
United Natural Foods Pair Trading Analysis
The ability to find closely correlated positions to United Natural could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace United Natural when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back United Natural - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling United Natural Foods to buy it.
The correlation of United Natural is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as United Natural moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Natural Foods moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for United Natural can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Natural Foods. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
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.