Urban Return On Equity from 2010 to 2025
| UGRO Stock | USD 0.73 0.03 3.95% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter (1.07) | Current Value (1.02) | Quarterly Volatility 1.06883289 |
Check Urban Gro financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Urban Gro's main balance sheet or income statement drivers, such as Interest Expense of 296.8 K, Selling General Administrative of 28.6 M or Total Revenue of 86.4 M, as well as many indicators such as Price To Sales Ratio of 0.24, Dividend Yield of 0.0 or PTB Ratio of 0.74. Urban financial statements analysis is a perfect complement when working with Urban Gro Valuation or Volatility modules.
Urban | Return On Equity |
Latest Urban Gro's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Urban Gro over the last few years. Return on Equity is the amount of Urban Gro net income returned as a percentage of Urban Gro equity. Return on equity measures Urban Gro profitability by revealing how much profit Urban Gro generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Urban Gro's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Urban Gro's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported -0.64 | 10 Years Trend |
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Return On Equity |
| Timeline |
Urban Return On Equity Regression Statistics
| Arithmetic Mean | 0.74 | |
| Coefficient Of Variation | 143.55 | |
| Mean Deviation | 0.90 | |
| Median | 1.37 | |
| Standard Deviation | 1.07 | |
| Sample Variance | 1.14 | |
| Range | 3.1549 | |
| R-Value | (0.79) | |
| Mean Square Error | 0.47 | |
| R-Squared | 0.62 | |
| Significance | 0.0003 | |
| Slope | (0.18) | |
| Total Sum of Squares | 17.14 |
Urban Return On Equity History
About Urban Gro Financial Statements
Urban Gro investors utilize fundamental indicators, such as Return On Equity, to predict how Urban Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Return On Equity | (1.07) | (1.02) |
Pair Trading with Urban Gro
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 Urban Gro 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 Urban Gro will appreciate offsetting losses from the drop in the long position's value.Moving together with Urban Stock
| 0.67 | ALG | Alamo Group Earnings Call This Week | PairCorr |
Moving against Urban Stock
| 0.72 | REVG | Rev Group | PairCorr |
| 0.63 | CEAD | CEA Industries Trending | PairCorr |
| 0.56 | TWI | Titan International | PairCorr |
| 0.55 | DE | Deere Company | PairCorr |
| 0.47 | CNH | CNH Industrial NV Symbol Change | PairCorr |
The ability to find closely correlated positions to Urban Gro could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Urban Gro 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 Urban Gro - 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 Urban Gro to buy it.
The correlation of Urban Gro 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 Urban Gro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urban Gro 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 Urban Gro 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.Check out the analysis of Urban Gro Correlation against competitors. To learn how to invest in Urban Stock, please use our How to Invest in Urban Gro guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Industrial Machinery & Supplies & Components space 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 Urban Gro. If investors know Urban 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 Urban Gro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.36) | Revenue Per Share | Quarterly Revenue Growth (0.07) | Return On Assets | Return On Equity |
The market value of Urban Gro is measured differently than its book value, which is the value of Urban that is recorded on the company's balance sheet. Investors also form their own opinion of Urban Gro's value that differs from its market value or its book value, called intrinsic value, which is Urban Gro'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 Urban Gro's market value can be influenced by many factors that don't directly affect Urban Gro'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 Urban Gro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban Gro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban Gro'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.