United Community Banks Preferred Stock Cash And Equivalents
| UCBIO Preferred Stock | USD 24.34 0.01 0.04% |
United Community Banks fundamentals help investors to digest information that contributes to United Community's financial success or failures. It also enables traders to predict the movement of United Preferred Stock. The fundamental analysis module provides a way to measure United Community's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to United Community preferred stock.
United |
United Community Banks Company Cash And Equivalents Analysis
United Community's Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Current United Community Cash And Equivalents | 484.02 M |
Most of United Community's fundamental indicators, such as Cash And Equivalents, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, United Community Banks is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
CompetitionIn accordance with the recently published financial statements, United Community Banks has 484.02 M in Cash And Equivalents. This is 98.57% lower than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The cash and equivalents for all United States preferred stocks is 82.09% higher than that of the company.
United Cash And Equivalents Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses United Community's direct or indirect competition against its Cash And Equivalents to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of United Community could also be used in its relative valuation, which is a method of valuing United Community by comparing valuation metrics of similar companies.United Community is currently under evaluation in cash and equivalents category among its peers.
United Community ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, United Community's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to United Community's managers, analysts, and investors.Environmental | Governance | Social |
United Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0123 | ||||
| Profit Margin | 0.34 % | ||||
| Operating Margin | 0.47 % | ||||
| Current Valuation | 902.7 M | ||||
| Number Of Shares Shorted | 6.77 K | ||||
| Price To Earning | 8.13 X | ||||
| Revenue | 868.13 M | ||||
| Gross Profit | 826.15 M | ||||
| EBITDA | 375.46 M | ||||
| Net Income | 277.47 M | ||||
| Cash And Equivalents | 484.02 M | ||||
| Cash Per Share | 4.56 X | ||||
| Total Debt | 874.66 M | ||||
| Book Value Per Share | 24.52 X | ||||
| Cash Flow From Operations | 359.32 M | ||||
| Short Ratio | 0.58 X | ||||
| Earnings Per Share | 2.54 X | ||||
| Number Of Employees | 10 | ||||
| Beta | 1.03 | ||||
| Total Asset | 24.01 B | ||||
| Annual Yield | 0.07 % | ||||
| Net Asset | 24.01 B | ||||
| Last Dividend Paid | 0.86 |
About United Community Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze United Community Banks's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Community using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Community Banks based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with United Community
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 Community 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 Community will appreciate offsetting losses from the drop in the long position's value.Moving together with United Preferred Stock
Moving against United Preferred Stock
| 0.57 | RMGCU | RMG Acquisition Corp | PairCorr |
| 0.54 | PME | Pingtan Marine Enterprise | PairCorr |
| 0.52 | BBAS3 | Banco do Brasil | PairCorr |
| 0.39 | MAYS | MAYS J W | PairCorr |
The ability to find closely correlated positions to United Community 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 Community 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 Community - 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 Community Banks to buy it.
The correlation of United Community 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 Community moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if United Community Banks 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 Community 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.Other Information on Investing in United Preferred Stock
United Community financial ratios help investors to determine whether United Preferred Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in United with respect to the benefits of owning United Community security.