Unity Bancorp Stock Forecast - Naive Prediction
| UNTY Stock | USD 52.30 0.03 0.06% |
Unity Stock outlook is based on your current time horizon.
At this time, The relative strength index (RSI) of Unity Bancorp's share price is at 51. This usually implies that the stock is in nutural position, most likellhy at or near its resistance level. The main idea of RSI analysis is to track how fast people are buying or selling Unity Bancorp, making its price go up or down. Momentum 51
Impartial
Oversold | Overbought |
Using Unity Bancorp hype-based prediction, you can estimate the value of Unity Bancorp from the perspective of Unity Bancorp response to recently generated media hype and the effects of current headlines on its competitors.
The Naive Prediction forecasted value of Unity Bancorp on the next trading day is expected to be 53.91 with a mean absolute deviation of 1.03 and the sum of the absolute errors of 62.54. Unity Bancorp after-hype prediction price | USD 52.3 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Check out Historical Fundamental Analysis of Unity Bancorp to cross-verify your projections. Unity Bancorp Additional Predictive Modules
Most predictive techniques to examine Unity price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Unity using various technical indicators. When you analyze Unity 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 | ||
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| Overlap Studies | ||
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| Volume Indicators |
Unity Bancorp Naive Prediction Price Forecast For the 28th of January
Given 90 days horizon, the Naive Prediction forecasted value of Unity Bancorp on the next trading day is expected to be 53.91 with a mean absolute deviation of 1.03, mean absolute percentage error of 1.48, and the sum of the absolute errors of 62.54.Please note that although there have been many attempts to predict Unity Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Unity Bancorp's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Unity Bancorp Stock Forecast Pattern
| Backtest Unity Bancorp | Unity Bancorp Price Prediction | Buy or Sell Advice |
Unity Bancorp Forecasted Value
In the context of forecasting Unity Bancorp's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Unity Bancorp's downside and upside margins for the forecasting period are 52.20 and 55.63, respectively. We have considered Unity Bancorp's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Unity Bancorp stock data series using in forecasting. Note that when a statistical model is used to represent Unity Bancorp stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 118.5041 |
| Bias | Arithmetic mean of the errors | None |
| MAD | Mean absolute deviation | 1.0253 |
| MAPE | Mean absolute percentage error | 0.0198 |
| SAE | Sum of the absolute errors | 62.5419 |
Predictive Modules for Unity Bancorp
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Unity Bancorp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Unity Bancorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Unity Bancorp After-Hype Price Density Analysis
As far as predicting the price of Unity Bancorp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Unity Bancorp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Unity Bancorp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Unity Bancorp Estimiated After-Hype Price Volatility
In the context of predicting Unity Bancorp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Unity Bancorp's historical news coverage. Unity Bancorp's after-hype downside and upside margins for the prediction period are 50.58 and 54.02, respectively. We have considered Unity Bancorp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Unity Bancorp is very steady at this time. Analysis and calculation of next after-hype price of Unity Bancorp is based on 3 months time horizon.
Unity Bancorp Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Unity Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Unity Bancorp backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Unity Bancorp, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.23 | 1.72 | 0.00 | 0.01 | 0 Events / Month | 1 Events / Month | Any time |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
52.30 | 52.30 | 0.00 |
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Unity Bancorp Hype Timeline
Unity Bancorp is at this time traded for 52.30. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.01. Unity is anticipated not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is insignificant. The immediate return on the next news is anticipated to be very small, whereas the daily expected return is at this time at 0.23%. %. The volatility of related hype on Unity Bancorp is about 4777.78%, with the expected price after the next announcement by competition of 52.31. About 28.0% of the company outstanding shares are owned by insiders. The company has Price to Book (P/B) ratio of 1.51. Historically many companies with similar price-to-book (P/B) ratio do better than the market in the long run. Unity Bancorp recorded earning per share (EPS) of 5.67. The entity last dividend was issued on the 5th of December 2025. The firm had 11:10 split on the 13th of September 2016. Given the investment horizon of 90 days the next anticipated press release will be any time. Check out Historical Fundamental Analysis of Unity Bancorp to cross-verify your projections.Unity Bancorp Related Hype Analysis
Having access to credible news sources related to Unity Bancorp's direct competition is more important than ever and may enhance your ability to predict Unity Bancorp's future price movements. Getting to know how Unity Bancorp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Unity Bancorp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| CBNK | Capital Bancorp | 0.12 | 2 per month | 1.11 | 0.04 | 2.67 | (1.59) | 8.39 | |
| PFIS | Peoples Fin | 0.00 | 0 per month | 1.55 | 0.04 | 3.04 | (2.33) | 8.79 | |
| NFBK | Northfield Bancorp | 0.00 | 0 per month | 1.12 | 0.12 | 3.61 | (2.43) | 8.50 | |
| FBIZ | First Business Financial | 0.00 | 0 per month | 0.98 | 0.1 | 3.35 | (1.55) | 8.36 | |
| PGC | Peapack Gladstone Financial | 0.00 | 0 per month | 1.42 | 0.09 | 3.64 | (2.27) | 11.04 | |
| BWB | Bridgewater Bancshares | 0.12 | 2 per month | 1.22 | 0.08 | 3.22 | (1.96) | 9.97 | |
| RRBI | Red River Bancshares | 0.00 | 0 per month | 1.27 | 0.10 | 3.40 | (2.35) | 7.97 | |
| HBCP | Home Bancorp | 0.00 | 0 per month | 1.30 | 0.06 | 3.62 | (1.95) | 9.63 | |
| NRIM | Northrim BanCorp | 0.00 | 0 per month | 3.25 | 0.01 | 4.46 | (3.09) | 21.03 | |
| AROW | Arrow Financial | 0.12 | 8 per month | 1.28 | 0.12 | 3.59 | (2.89) | 9.60 |
Other Forecasting Options for Unity Bancorp
For every potential investor in Unity, whether a beginner or expert, Unity Bancorp's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Unity Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Unity. Basic forecasting techniques help filter out the noise by identifying Unity Bancorp's price trends.Unity Bancorp 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 Unity Bancorp stock to make a market-neutral strategy. Peer analysis of Unity Bancorp could also be used in its relative valuation, which is a method of valuing Unity Bancorp by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Unity Bancorp Market Strength Events
Market strength indicators help investors to evaluate how Unity Bancorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Unity Bancorp shares will generate the highest return on investment. By undertsting and applying Unity Bancorp stock market strength indicators, traders can identify Unity Bancorp entry and exit signals to maximize returns.
Unity Bancorp Risk Indicators
The analysis of Unity Bancorp'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 Unity Bancorp's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting unity 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 | 1.32 | |||
| Semi Deviation | 1.25 | |||
| Standard Deviation | 1.72 | |||
| Variance | 2.95 | |||
| Downside Variance | 1.97 | |||
| Semi Variance | 1.56 | |||
| Expected Short fall | (1.66) |
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.
Story Coverage note for Unity Bancorp
The number of cover stories for Unity Bancorp depends on current market conditions and Unity Bancorp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Unity Bancorp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Unity Bancorp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Unity Bancorp Short Properties
Unity Bancorp's future price predictability will typically decrease when Unity Bancorp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Unity Bancorp often depends not only on the future outlook of the potential Unity Bancorp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Unity Bancorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 10.2 M | |
| Cash And Short Term Investments | 340.5 M |
Additional Tools for Unity Stock Analysis
When running Unity Bancorp's price analysis, check to measure Unity Bancorp'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 Unity Bancorp is operating at the current time. Most of Unity Bancorp's value examination focuses on studying past and present price action to predict the probability of Unity Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Bancorp's price. Additionally, you may evaluate how the addition of Unity Bancorp to your portfolios can decrease your overall portfolio volatility.