Unum Group (UNM)
Unum Group is a leading provider of financial protection benefits based in Chattanooga, Tennessee, and is recognized as a Fortune 500 company. Specializing in disability income protection, life insurance, and supplemental benefits, Unum serves a diverse range of clients, including individuals and organizations. The company has a strong commitment to helping people secure their financial futures, leveraging innovative solutions to meet the evolving needs of its policyholders. With a solid track record and a focus on sustainable growth, Unum Group is well-positioned to navigate the competitive insurance landscape while delivering value to its stakeholders.
Stock Price Trends
Stock price trends estimated using linear regression.
Key facts
- The primary trend is increasing.
- The growth rate of the primary trend is 2.98% per annum.
- UNM price at the close of January 9, 2026 was $80.29 and was inside the primary price channel.
- The secondary trend is increasing.
- The growth rate of the secondary trend is 30.56% per annum.
- UNM price at the close of January 9, 2026 was inside the secondary price channel.
Linear Regression Model
Model equation:
Yi = α + β × Xi + εi
Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)
Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)
where:
i - observation number
Yi - natural logarithm of UNM price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e
Primary Trend
Start date: November 14, 2024
End date: January 9, 2026
a = 4.1959
b = 0.0001
s = 0.0459
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0001) – 1
= 2.98%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0459) – 1
= 20.14%
November 14, 2024 calculations
Top border of price channel:
Exp(Y967)
= Exp(a + b × X967 + 2 × s)
= Exp(a + b × 1,402 + 2 × s)
= Exp(4.1959 + 0.0001 × 1,402 + 2 × 0.0459)
= Exp(4.4006)
= $81.50
Bottom border of price channel:
Exp(Y967)
= Exp(a + b × X967 – 2 × s)
= Exp(a + b × 1,402 – 2 × s)
= Exp(4.1959 + 0.0001 × 1,402 – 2 × 0.0459)
= Exp(4.2171)
= $67.84
January 9, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(4.1959 + 0.0001 × 1,823 + 2 × 0.0459)
= Exp(4.4345)
= $84.31
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(4.1959 + 0.0001 × 1,823 – 2 × 0.0459)
= Exp(4.2510)
= $70.18
Description
- The primary trend is increasing.
- The growth rate of the primary trend is 2.98% per annum.
- UNM price at the close of January 9, 2026 was $80.29 and was inside the primary price channel.
Secondary Trend
Start date: July 30, 2025
End date: January 9, 2026
a = 3.0417
b = 0.0007
s = 0.0284
Annual growth rate:
Exp(365 × b) – 1
= Exp(365 × 0.0007) – 1
= 30.56%
Price channel spread:
Exp(4 × s) – 1
= Exp(4 × 0.0284) – 1
= 12.04%
July 30, 2025 calculations
Top border of price channel:
Exp(Y1,141)
= Exp(a + b × X1,141 + 2 × s)
= Exp(a + b × 1,660 + 2 × s)
= Exp(3.0417 + 0.0007 × 1,660 + 2 × 0.0284)
= Exp(4.3112)
= $74.53
Bottom border of price channel:
Exp(Y1,141)
= Exp(a + b × X1,141 – 2 × s)
= Exp(a + b × 1,660 – 2 × s)
= Exp(3.0417 + 0.0007 × 1,660 – 2 × 0.0284)
= Exp(4.1975)
= $66.52
January 9, 2026 calculations
Top border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 + 2 × s)
= Exp(a + b × 1,823 + 2 × s)
= Exp(3.0417 + 0.0007 × 1,823 + 2 × 0.0284)
= Exp(4.4303)
= $83.95
Bottom border of price channel:
Exp(Y1,254)
= Exp(a + b × X1,254 – 2 × s)
= Exp(a + b × 1,823 – 2 × s)
= Exp(3.0417 + 0.0007 × 1,823 – 2 × 0.0284)
= Exp(4.3166)
= $74.93
Description
- The secondary trend is increasing.
- The growth rate of the secondary trend is 30.56% per annum.
- UNM price at the close of January 9, 2026 was inside the secondary price channel.