United Fire Stock Forecast - Day Typical Price

UFCS Stock  USD 27.43  2.01  7.91%   
United Stock Forecast is based on your current time horizon.
  
Inventory Turnover is likely to drop to -0.02 in 2024. Receivables Turnover is likely to drop to 2.24 in 2024. Common Stock Shares Outstanding is likely to gain to about 25.9 M in 2024, whereas Net Income Applicable To Common Shares is likely to drop slightly above 12.9 M in 2024.
United Fire Group has current Day Typical Price of 27.02. Typical Price is calculated as arithmetic average of the high, low and closing price for a given trading period.
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United Fire Trading Date Momentum

On November 19 2024 United Fire Group was traded for  27.43  at the closing time. The top price for the day was 27.69  and the lowest listed price was  25.93 . There was no trading activity during the period 0.0. Lack of trading volume on November 19, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 4.78% .
The period considered in calculating typical price is a single trading day, however the typical price can also be applied to other time spans such as a week, month or year.
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Other Forecasting Options for United Fire

For every potential investor in United, whether a beginner or expert, United Fire's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. United Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in United. Basic forecasting techniques help filter out the noise by identifying United Fire's price trends.

United Fire 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 United Fire stock to make a market-neutral strategy. Peer analysis of United Fire could also be used in its relative valuation, which is a method of valuing United Fire by comparing valuation metrics with similar companies.
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United Fire Group 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 United Fire'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 United Fire's current price.

United Fire Market Strength Events

Market strength indicators help investors to evaluate how United Fire stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Fire shares will generate the highest return on investment. By undertsting and applying United Fire stock market strength indicators, traders can identify United Fire Group entry and exit signals to maximize returns.

United Fire Risk Indicators

The analysis of United Fire'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 United Fire's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting united 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.
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.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for United Stock Analysis

When running United Fire's price analysis, check to measure United Fire'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 United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.