Uber Technologies Stock Price on May 7, 2024

UBER Stock  USD 71.51  1.87  2.69%   
Below is the normalized historical share price chart for Uber Technologies extending back to May 09, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Uber Technologies stands at 71.51, as last reported on the 24th of November, with the highest price reaching 71.54 and the lowest price hitting 69.35 during the day.
IPO Date
10th of May 2019
200 Day MA
72.3796
50 Day MA
75.4714
Beta
1.337
 
Covid
If you're considering investing in Uber Stock, it is important to understand the factors that can impact its price. Currently, Uber Technologies is very steady. Uber Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0028, which indicates the firm had a 0.0028% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Uber Technologies, which you can use to evaluate the volatility of the company. Please validate Uber Technologies' Variance of 6.24, risk adjusted performance of 0.0047, and Coefficient Of Variation of (34,943) to confirm if the risk estimate we provide is consistent with the expected return of 0.007%.
  
As of 11/24/2024, Stock Based Compensation To Revenue is likely to grow to 0.06, while Total Stockholder Equity is likely to drop slightly above 7.8 B. . At this time, Uber Technologies' Price Sales Ratio is relatively stable compared to the past year. As of 11/24/2024, Price Fair Value is likely to grow to 11.70, though Price Earnings To Growth Ratio is likely to grow to (0.53). Uber Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0028

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Estimated Market Risk

 2.5
  actual daily
22
78% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Uber Technologies is not performing at its full potential. However, 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 Uber Technologies by adding Uber Technologies to a well-diversified portfolio.
Price Book
10.188
Enterprise Value Ebitda
24.2073
Price Sales
3.5891
Shares Float
2.1 B
Wall Street Target Price
89.7746

Related Headline

Zoom Video Headline on 7th of May 2024

Filed transaction by Zoom Video Communications Director, Officer: Chief Executive Officer. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

Uber Technologies Valuation on May 7, 2024

It is possible to determine the worth of Uber Technologies on a given historical date. On May 7, 2024 Uber was worth 72.64 at the beginning of the trading date compared to the closed value of 70.43. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Uber Technologies stock. Still, in general, we apply an absolute valuation method to find Uber Technologies' 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 Uber Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Uber Technologies' related companies.
 Open High Low Close Volume
  71.00    73.82    70.83    71.51    25,001,920  
05/07/2024
  72.64    72.64    69.80    70.43    24,427,250  
  64.50    67.20    63.84    66.40    84,219,969  
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Open Value
72.64
70.43
Closing Value
80.13
Upside

Uber Technologies Trading Date Momentum on May 7, 2024

On May 08 2024 Uber Technologies was traded for  66.40  at the closing time. The top price for the day was 67.20  and the lowest listed price was  63.84 . The trading volume for the day was 84.2 M. The trading history from May 8, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 5.72% . The trading price change against the current closing price is 5.58% .

Uber Technologies Fundamentals Correlations and Trends

By evaluating Uber Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Uber Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Uber financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Uber Technologies Stock history

Uber Technologies 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 Uber is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Uber Technologies 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 Uber Technologies stock prices may prove useful in developing a viable investing in Uber Technologies
Last ReportedProjected for Next Year
Common Stock Shares Outstanding2.1 B1.8 B
Net Loss-8.2 B-7.8 B

Uber Technologies Stock Technical Analysis

Uber Technologies 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.
A focus of Uber Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Uber Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Uber Technologies Period Price Range

Low
November 24, 2024
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High

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Uber Technologies November 24, 2024 Market Strength

Market strength indicators help investors to evaluate how Uber Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Uber Technologies shares will generate the highest return on investment. By undertsting and applying Uber Technologies stock market strength indicators, traders can identify Uber Technologies entry and exit signals to maximize returns

Uber Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Uber Technologies' price direction in advance. Along with the technical and fundamental analysis of Uber Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Uber 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.

Additional Tools for Uber Stock Analysis

When running Uber Technologies' price analysis, check to measure Uber Technologies' 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 Uber Technologies is operating at the current time. Most of Uber Technologies' value examination focuses on studying past and present price action to predict the probability of Uber Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uber Technologies' price. Additionally, you may evaluate how the addition of Uber Technologies to your portfolios can decrease your overall portfolio volatility.