Udemy Inc Stock Price on October 29, 2024

UDMY Stock  USD 7.55  0.11  1.44%   
If you're considering investing in Udemy Stock, it is important to understand the factors that can impact its price. As of today, the current price of Udemy stands at 7.55, as last reported on the 22nd of November, with the highest price reaching 7.61 and the lowest price hitting 7.40 during the day. Udemy Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0371, which indicates the firm had a -0.0371% return per unit of risk over the last 3 months. Udemy Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Udemy's Variance of 6.89, risk adjusted performance of (0.0003), and Coefficient Of Variation of (10,372) to confirm the risk estimate we provide.
  
At this time, Udemy's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 156.1 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 576 M in 2024. . At this time, Udemy's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.62 in 2024, whereas Price To Sales Ratio is likely to drop 2.88 in 2024. Udemy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0371

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Estimated Market Risk

 2.56
  actual daily
22
78% of assets are more volatile

Expected Return

 -0.09
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Udemy 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 Udemy by adding Udemy to a well-diversified portfolio.
Price Book
5.6128
Enterprise Value Ebitda
(13.55)
Price Sales
1.4192
Shares Float
74.7 M
Wall Street Target Price
11.2525

Udemy Main Headline on 29th of October 2024

Revenue Achieved 195.4 million, surpassing analyst estimates of 192.66 million, marking a 6 percent year-over-year increase despite a 2 percent negative impact from forei

Udemy Valuation on October 29, 2024

It is possible to determine the worth of Udemy on a given historical date. On October 29, 2024 Udemy was worth 8.25 at the beginning of the trading date compared to the closed value of 8.46. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Udemy stock. Still, in general, we apply an absolute valuation method to find Udemy's 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 Udemy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Udemy's related companies.
 Open High Low Close Volume
  8.11    8.29    8.04    8.26    687,647  
10/29/2024
  8.25    8.53    8.12    8.46    842,472  
  8.95    8.97    7.91    8.17    1,574,073  
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Open Value
8.25
8.46
Closing Value
15.94
Upside

Udemy Trading Date Momentum on October 29, 2024

On October 30 2024 Udemy Inc was traded for  8.17  at the closing time. The top price for the day was 8.97  and the lowest listed price was  7.91 . The trading volume for the day was 1.6 M. The trading history from October 30, 2024 was a factor to the next trading day price decrease. The trading price change against the next closing price was 3.43% . The trading price change against the current closing price is 3.19% .

Udemy Inc Fundamentals Correlations and Trends

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

About Udemy Stock history

Udemy 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 Udemy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Udemy Inc 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 Udemy stock prices may prove useful in developing a viable investing in Udemy
Last ReportedProjected for Next Year
Common Stock Shares Outstanding150.1 M156.1 M
Net Loss-138.5 M-145.4 M

Udemy Stock Technical Analysis

Udemy 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 Udemy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Udemy 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

Udemy Period Price Range

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November 22, 2024
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Udemy November 22, 2024 Market Strength

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

Udemy Technical and Predictive Indicators

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

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