Urban One Class Stock Price on July 2, 2024
UONEK Stock | USD 0.98 0.02 2.08% |
Below is the normalized historical share price chart for Urban One Class extending back to June 07, 2000. 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 Urban One stands at 0.98, as last reported on the 29th of November, with the highest price reaching 1.03 and the lowest price hitting 0.95 during the day.
If you're considering investing in Urban Stock, it is important to understand the factors that can impact its price. Urban One Class owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Urban One Class exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Urban One's Coefficient Of Variation of (810.12), variance of 10.92, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide.
At this time, Urban One's Common Stock Total Equity is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 10.5 M this year, although the value of Issuance Of Capital Stock will most likely fall to 0.00. . The value of Price To Sales Ratio is estimated to slide to 0.38. The value of Price Earnings Ratio is estimated to slide to 88.98. Urban Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 6th of May 1999 | 200 Day MA 1.6151 | 50 Day MA 1.0944 | Beta 0.568 |
Urban |
Sharpe Ratio = -0.1226
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Estimated Market Risk
3.23 actual daily | 28 72% of assets are more volatile |
Expected Return
-0.4 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.12 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Urban One 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 Urban One by adding Urban One to a well-diversified portfolio.
Price Book 0.2293 | Enterprise Value Ebitda 18.5467 | Price Sales 0.1171 | Shares Float 22.8 M | Wall Street Target Price 6 |
Urban One Valuation on July 2, 2024
It is possible to determine the worth of Urban One on a given historical date. On July 2, 2024 Urban was worth 1.42 at the beginning of the trading date compared to the closed value of 1.39. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Urban One stock. Still, in general, we apply an absolute valuation method to find Urban One'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 Urban One where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Urban One's related companies.
Open | High | Low | Close | Volume | |
1.52 | 1.54 | 1.42 | 1.42 | 74,908 | |
07/02/2024 | 1.42 | 1.46 | 1.39 | 1.39 | 72,262 |
1.43 | 1.48 | 1.43 | 1.46 | 15,471 |
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Urban One Trading Date Momentum on July 2, 2024
On July 03 2024 Urban One Class was traded for 1.46 at the closing time. The highest daily price throughout the period was 1.48 and the lowest price was 1.43 . The daily volume was 15.5 K. The net trading volume on 07/03/2024 added to the next day price upswing. The trading price change to closing price of the next trading day was 5.04% . The trading price change to current closing price is 6.47% . |
Urban One Class Fundamentals Correlations and Trends
By evaluating Urban One'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 Urban One's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Urban financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Urban One Stock history
Urban One 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 Urban is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Urban One Class 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 Urban One stock prices may prove useful in developing a viable investing in Urban One
Last Reported | Projected for Next Year | ||
Common Stock Shares Outstanding | 50.2 M | 50.4 M | |
Net Income Applicable To Common Shares | 44.1 M | 46.3 M |
Urban One Quarterly Net Working Capital |
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Urban One Stock Technical Analysis
Urban One 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
Urban One Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Urban One Class cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ 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.
Urban One November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Urban One stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Urban One shares will generate the highest return on investment. By undertsting and applying Urban One stock market strength indicators, traders can identify Urban One Class entry and exit signals to maximize returns
Urban One Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Urban One's price direction in advance. Along with the technical and fundamental analysis of Urban Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Urban 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 | (0.09) | |||
Jensen Alpha | (0.39) | |||
Total Risk Alpha | (0.92) | |||
Treynor Ratio | 1.94 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Urban One Class. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income. For more information on how to buy Urban Stock please use our How to buy in Urban Stock guide.You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Is Broadcasting 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 One. 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 One listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 3.633 | Earnings Share (1.66) | Revenue Per Share 9.569 | Quarterly Revenue Growth (0.09) | Return On Assets 0.0404 |
The market value of Urban One Class 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 One's value that differs from its market value or its book value, called intrinsic value, which is Urban One'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 One's market value can be influenced by many factors that don't directly affect Urban One'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 One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban One'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.