UNITIL Stock Forecast - Period Momentum Indicator
| UTL Stock | USD 52.63 0.25 0.48% |
UNITIL Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast UNITIL stock prices and determine the direction of UNITIL's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of UNITIL's historical fundamentals, such as revenue growth or operating cash flow patterns. Although UNITIL's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of UNITIL's systematic risk associated with finding meaningful patterns of UNITIL fundamentals over time.
Check out Historical Fundamental Analysis of UNITIL to cross-verify your projections. UNITIL |
Open Interest Against 2024-05-17 UNITIL Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast UNITIL's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in UNITIL's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for UNITIL stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current UNITIL's open interest, investors have to compare it to UNITIL's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of UNITIL is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in UNITIL. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in UNITIL cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the UNITIL's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets UNITIL's price structures and extracts relationships that further increase the generated results' accuracy.
Momentum indicator evaluates the difference between todays closing price and the close price n periods ago. It is the velocity with which the price is rising or falling. It also reflects how aggressively the asset is purchased or sold by the public.| Previous Period Momentum Indicator | Period Momentum Indicator | Trend |
| (0.01) | 0.25 |
| Check UNITIL Volatility | Backtest UNITIL | Information Ratio |
UNITIL Trading Date Momentum
| On May 06 2024 UNITIL was traded for 52.63 at the closing time. Highest UNITIL's price during the trading hours was 53.10 and the lowest price during the day was 52.02 . There was no trading activity during the period 0.0. Lack of trading volume on the 6th of May did not result in any price rise and fall. The trading price change to current price is 0.02% . |
Generally speaking extended values of the momentum indicator over time are good indicators of oversold or over brought conditions.
| Compare UNITIL to competition |
Other Forecasting Options for UNITIL
For every potential investor in UNITIL, whether a beginner or expert, UNITIL's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. UNITIL Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in UNITIL. Basic forecasting techniques help filter out the noise by identifying UNITIL's price trends.UNITIL Related Equities
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 UNITIL stock to make a market-neutral strategy. Peer analysis of UNITIL could also be used in its relative valuation, which is a method of valuing UNITIL by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
UNITIL Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of UNITIL's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of UNITIL's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
UNITIL Market Strength Events
Market strength indicators help investors to evaluate how UNITIL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading UNITIL shares will generate the highest return on investment. By undertsting and applying UNITIL stock market strength indicators, traders can identify UNITIL entry and exit signals to maximize returns.
UNITIL Risk Indicators
The analysis of UNITIL's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in UNITIL's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting unitil stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.15 | |||
| Semi Deviation | 1.12 | |||
| Standard Deviation | 1.5 | |||
| Variance | 2.25 | |||
| Downside Variance | 1.57 | |||
| Semi Variance | 1.26 | |||
| Expected Short fall | (1.36) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether UNITIL is a strong investment it is important to analyze UNITIL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact UNITIL's future performance. For an informed investment choice regarding UNITIL Stock, refer to the following important reports:Check out Historical Fundamental Analysis of UNITIL to cross-verify your projections. For more information on how to buy UNITIL Stock please use our How to buy in UNITIL Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for UNITIL Stock analysis
When running UNITIL's price analysis, check to measure UNITIL'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 UNITIL is operating at the current time. Most of UNITIL's value examination focuses on studying past and present price action to predict the probability of UNITIL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move UNITIL's price. Additionally, you may evaluate how the addition of UNITIL to your portfolios can decrease your overall portfolio volatility.
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |
Is UNITIL's industry 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 UNITIL. If investors know UNITIL 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 UNITIL 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 0.055 | Dividend Share 1.62 | Earnings Share 2.82 | Revenue Per Share 34.721 | Quarterly Revenue Growth (0.20) |
The market value of UNITIL is measured differently than its book value, which is the value of UNITIL that is recorded on the company's balance sheet. Investors also form their own opinion of UNITIL's value that differs from its market value or its book value, called intrinsic value, which is UNITIL'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 UNITIL's market value can be influenced by many factors that don't directly affect UNITIL'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 UNITIL's value and its price as these two are different measures arrived at by different means. Investors typically determine if UNITIL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, UNITIL'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.