Unum Group Stock Price on May 20, 2024
| UNM Stock | USD 53.86 0.85 1.60% |
If you're considering investing in Unum Stock, it is important to understand the factors that can impact its price. As of today, the current price of Unum stands at 53.86, as last reported on the 2nd of June, with the highest price reaching 53.87 and the lowest price hitting 52.91 during the day. We consider Unum very steady. Unum Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found thirty technical indicators for Unum Group, which you can use to evaluate the volatility of the company. Please validate Unum's Semi Deviation of 0.9439, risk adjusted performance of 0.0944, and Coefficient Of Variation of 689.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%.
Unum Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Unum |
Sharpe Ratio = 0.1451
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | UNM | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 0.99 actual daily | 8 92% of assets are more volatile |
Expected Return
| 0.14 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Unum is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Unum by adding it to a well-diversified portfolio.
Unum Valuation on May 20, 2024
It is possible to determine the worth of Unum on a given historical date. On May 20, 2024 Unum was worth 53.11 at the beginning of the trading date compared to the closed value of 52.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Unum stock. Still, in general, we apply an absolute valuation method to find Unum's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Unum where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Unum's related companies.
| Open | High | Low | Close | Volume | |
| 53.02 | 53.26 | 52.88 | 53.09 | 863,236 | |
05/20/2024 | 53.11 | 53.19 | 52.22 | 52.41 | 721,445 |
| 52.53 | 52.82 | 52.40 | 52.75 | 510,864 |
| Backtest Unum | | | Unum History | | | Unum Valuation | Previous | Next |
Unum Trading Date Momentum on May 20, 2024
| On May 21 2024 Unum Group was traded for 52.75 at the closing time. Highest Unum's price during the trading hours was 52.82 and the lowest price during the day was 52.40 . The net volume was 510.9 K. The overall trading history on the 21st of May contributed to the next trading period price boost. The trading price change to the next next day price was 0.65% . The trading price change to current price is 0.08% . |
Unum Group Fundamentals Correlations and Trends
By evaluating Unum's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Unum's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Unum financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Unum Stock history
Unum investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Unum is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Unum Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Unum stock prices may prove useful in developing a viable investing in Unum
Unum Group, together with its subsidiaries, provides financial protection benefit solutions primarily in the United States, the United Kingdom, and Poland. The company was founded in 1848 and is based in Chattanooga, Tennessee. Unumprovident Corp operates under InsuranceLife classification in the United States and is traded on New York Stock Exchange. It employs 10100 people.
Unum Stock Technical Analysis
Unum 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.
Price Boundaries
Unum Period Price Range
Low | May 20, 2024
| High |
53.11 | 52.41 |
Unum June 2, 2024 Market Strength
Market strength indicators help investors to evaluate how Unum stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unum shares will generate the highest return on investment. By undertsting and applying Unum stock market strength indicators, traders can identify Unum Group entry and exit signals to maximize returns
| Accumulation Distribution | 13156.64 | |||
| Daily Balance Of Power | (0.72) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 52.71 | |||
| Day Typical Price | 52.61 | |||
| Price Action Indicator | (0.65) | |||
| Period Momentum Indicator | 1.45 | |||
| Relative Strength Index | 52.25 |
Unum Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Unum's price direction in advance. Along with the technical and fundamental analysis of Unum Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Unum to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0944 | |||
| Jensen Alpha | 0.1402 | |||
| Total Risk Alpha | 0.0779 | |||
| Sortino Ratio | 0.0876 | |||
| Treynor Ratio | (0.73) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Unum Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Unum Stock analysis
When running Unum's price analysis, check to measure Unum'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 Unum is operating at the current time. Most of Unum's value examination focuses on studying past and present price action to predict the probability of Unum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unum's price. Additionally, you may evaluate how the addition of Unum to your portfolios can decrease your overall portfolio volatility.
| Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |
Is Unum'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 Unum. If investors know Unum 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 Unum listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Unum Group is measured differently than its book value, which is the value of Unum that is recorded on the company's balance sheet. Investors also form their own opinion of Unum's value that differs from its market value or its book value, called intrinsic value, which is Unum'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 Unum's market value can be influenced by many factors that don't directly affect Unum'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 Unum's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unum is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unum'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.