United Rentals (Brazil) Price on August 16, 2024
| U1RI34 Stock | BRL 180.54 5.68 3.25% |
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. As of today, the current price of United Rentals stands at 180.54, as last reported on the 26th of November, with the highest price reaching 180.54 and the lowest price hitting 178.42 during the day. United Rentals appears to be very steady, given 3 months investment horizon. United Rentals 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 twenty-nine technical indicators for United Rentals, which you can use to evaluate the volatility of the company. Please review United Rentals' Semi Deviation of 2.32, coefficient of variation of 720.54, and Risk Adjusted Performance of 0.1134 to confirm if our risk estimates are consistent with your expectations.
United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
United |
Sharpe Ratio = 0.1528
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Estimated Market Risk
| 2.61 actual daily | 23 77% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average United Rentals is performing at about 12% 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 United Rentals by adding it to a well-diversified portfolio.
United Rentals Valuation on August 16, 2024
It is possible to determine the worth of United Rentals on a given historical date. On August 16, 2024 United was worth 140.38 at the beginning of the trading date compared to the closed value of 140.38. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Rentals stock. Still, in general, we apply an absolute valuation method to find United Rentals' 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 United Rentals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Rentals' related companies.
| Open | High | Low | Close | Volume | |
| 142.20 | 142.20 | 141.08 | 141.08 | 34.00 | |
08/16/2024 | 140.38 | 140.38 | 140.38 | 140.38 | 77.00 |
| 138.85 | 139.12 | 138.43 | 138.71 | 78.00 |
| Backtest United Rentals | | | United Rentals History | | | United Rentals Valuation | Previous | Next |
United Rentals Trading Date Momentum on August 16, 2024
| On August 19 2024 United Rentals was traded for 138.71 at the closing time. The highest price during the trading period was 139.12 and the lowest recorded bid was listed for 138.43 . The volume for the day was 78.0. This history from August 19, 2024 contributed to the next trading day price decline. The trading price change to the next closing price was 1.19% . The trading price change to the current price is 3.79% . |
United Rentals Fundamentals Correlations and Trends
By evaluating United Rentals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among United Rentals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United Rentals Stock history
United Rentals 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 United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United Rentals 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 United Rentals stock prices may prove useful in developing a viable investing in United Rentals
United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. United Rentals, Inc. was founded in 1997 and is headquartered in Stamford, Connecticut. UNITED RENTADRN operates under Rental Leasing Services classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 18250 people.
United Rentals Stock Technical Analysis
United Rentals 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
United Rentals Period Price Range
Low | November 26, 2024
| High |
0.00 | 0.00 |
United Rentals cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
United Rentals November 26, 2024 Market Strength
Market strength indicators help investors to evaluate how United Rentals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Rentals shares will generate the highest return on investment. By undertsting and applying United Rentals stock market strength indicators, traders can identify United Rentals entry and exit signals to maximize returns
United Rentals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Rentals' price direction in advance. Along with the technical and fundamental analysis of United Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United 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 | 0.1134 | |||
| Jensen Alpha | 0.3823 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0797 | |||
| Treynor Ratio | (0.96) |
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| Volume Indicators |
Complementary Tools for United Stock analysis
When running United Rentals' price analysis, check to measure United Rentals' 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 United Rentals is operating at the current time. Most of United Rentals' value examination focuses on studying past and present price action to predict the probability of United Rentals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Rentals' price. Additionally, you may evaluate how the addition of United Rentals to your portfolios can decrease your overall portfolio volatility.
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