UNICO AMERICAN CORP stock forecast: down to 0.00 USD UNAM stock price prognosis


Forecast for Thu 10 Aug 2023 price 1.14

UNICO AMERICAN CORP stock price forecast for further price development down to 0.00% (time horizon: 1 day) and price target of 0.00 USD. Negative news sentiment. Short-term (time horizon: 2 weeks) UNICO AMERICAN CORP share price prediction for 2023-08-10 with daily closed price projections

Key Facts

Symbol UNAM 

ISIN US9046071083 

CUSIP 904607108

Currency USD

Category Fire, Marine & Casualty Insurance

Forecast price change %

News sentiment (-0.67)

News <--> Close correlation for next day influence ()

Relative Strength Index (RSI)

Finance numbers

Revenue 36,025,000.0

Earnings per share -3.42

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Summerized Form 10-K with GPT-2

2 of 95& & & UNICO AMERICAN CORPORATION INDEX TO FORM 10-K & & & & Page No. Many of these factors are beyond our ability to control or predict. CMP policies include both property and liability coverages. However, Crusader does not write earthquake coverage. All policies are produced by a network of independent brokers and agents. & The property casualty insurance marketplace continues to be intensely competitive. To date, U.S. Risk is providing claims management services only to Crusader. Crusader has no reinsurance recoverable balances in dispute. & The ultimate liability of Crusader may be greater or less than estimated reserves. SAP differs in certain respects from GAAP. The analytical phase is a review of statutory annual statements and the financial ratios. Higher ratings generally indicate financial stability and a strong ability to pay claims. The outlook of the Long-Term ICR of Unico was revised to stable from negative. & This subsidiary holds licenses issued by the CA DOI and other states where applicable. & The services provided consist of marketing, sales and customer service. bull; & Options and futures contracts. & & An independent investment advisor manages Crusader’s investments.& Competition is also affected by the pace of technological developments. The strength of an insurer is measured in large part by is policyholder surplus. Such events typically increase the frequency and severity of commercial property claims.& bull; & Claims relating to potentially changing climate conditions. & & bull; & Ongoing changes in the Company’s claim settlement practices. & & Consequently, Unico relies on the ability of its subsidiaries to meet its obligations. The Company’s investments may be subject to credit, prepayment and other risks. Litigation may have an adverse effect on the Company’s business. bull; & Terrorism acts and attacks by computer viruses or hackers. & & bull; & Unauthorized access. & & The Company faces intense competition in the property and casualty insurance industry. At this point, the Company does not have an estimate on when these changes will occur. Written premium is a required statutory measure. The Company recognized a premium deficiency of $150,000 as of December 31, 2020. 3) Combined ratio is defined as a sum of loss ratio and expense ratio. Cash used by operating activities in 2020 was $2,436,399 compared to $3,163,210 in 2019.& Premium taxes are deferred and amortized as the related premium is earned. For these services, AAQHC receives membership and fee income from its members. The number of loans issued decreased by 436 (28%) during 2020 when compared to 2019. The average premium financed by AAC was $6,477 and $5,672 in 2020 and 2019, respectively. Some categories exclude certain items and/or others include certain items. Not all categories are defined in the same way. Insurance claims costs are inherently uncertain. At the beginning of 2020, Crusader had 510 open claim files. The change was accounted for as a change in accounting estimate. & Any adjustments necessary are reflected in the current operations. Short-term investments are carried at cost, which approximates fair value. We tested the accuracy of the data on a sample basis by tracing it to source documents. Unico was incorporated under the laws of Nevada in 1969. & The Company files income tax returns under U.S. federal and various state jurisdictions. Policy fee income is recognized on a pro-rata basis over the

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/100716/000010071621000020/0000100716-21-000020.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

Institutional ownership list is based on filling form information

Holding name Date Amount
Tower Research Capital LLC 2023-03-31 2337
BlackRock Inc. 2023-03-31 619
STATE STREET CORP 2022-12-31 13705

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Dimensional ETF Trust 2023-10-31 4300 Long
Dimensional ETF Trust 2023-10-31 26066 Long

Bollinger Bollinger Bands for UNICO AMERICAN CORP can provide the information where the market is moving based on price information.

UNICO AMERICAN CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns UNICO AMERICAN CORP.

On-Balance Volume information for UNICO AMERICAN CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for UNICO AMERICAN CORP. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for UNICO AMERICAN CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for UNICO AMERICAN CORP. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for UNICO AMERICAN CORP. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for UNICO AMERICAN CORP. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for UNICO AMERICAN CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

Moving Average Crossover

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Date Closing price Prediction was updated

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