Upwork Inc Stock Price on May 1, 2024
| UPWK Stock | USD 16.83 0.13 0.78% |
Below is the normalized historical share price chart for Upwork Inc extending back to October 03, 2018. 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 Upwork stands at 16.83, as last reported on the 27th of November, with the highest price reaching 16.86 and the lowest price hitting 16.34 during the day.
If you're considering investing in Upwork Stock, it is important to understand the factors that can impact its price. Upwork appears to be somewhat reliable, given 3 months investment horizon. Upwork Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Upwork's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please review Upwork's Semi Deviation of 1.43, risk adjusted performance of 0.1589, and Coefficient Of Variation of 507.45 to confirm if our risk estimates are consistent with your expectations.
The value of Total Stockholder Equity is estimated to slide to about 224.2 M. The value of Common Stock Total Equity is estimated to slide to about 10.4 K. At this time, Upwork's Price Earnings Ratio is quite stable compared to the past year. Price Book Value Ratio is expected to rise to 5.52 this year, although the value of Price To Operating Cash Flows Ratio will most likely fall to 69.94. Upwork Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 3rd of October 2018 | 200 Day MA 11.6149 | 50 Day MA 12.2938 | Beta 1.492 |
Upwork |
Sharpe Ratio = 0.2227
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Estimated Market Risk
| 4.4 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.98 actual daily | 19 81% of assets have higher returns |
Risk-Adjusted Return
| 0.22 actual daily | 17 83% of assets perform better |
Based on monthly moving average Upwork is performing at about 17% 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 Upwork by adding it to a well-diversified portfolio.
Price Book 5.429 | Enterprise Value Ebitda 26.1636 | Price Sales 2.9303 | Shares Float 116.7 M | Wall Street Target Price 17.3636 |
Upwork Valuation on May 1, 2024
It is possible to determine the worth of Upwork on a given historical date. On May 1, 2024 Upwork was worth 11.83 at the beginning of the trading date compared to the closed value of 11.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Upwork stock. Still, in general, we apply an absolute valuation method to find Upwork'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 Upwork where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Upwork's related companies.
| Open | High | Low | Close | Volume | |
| 11.75 | 11.89 | 11.66 | 11.70 | 2,687,413 | |
05/01/2024 | 11.83 | 12.34 | 11.82 | 11.96 | 4,125,757 |
| 12.97 | 13.05 | 12.11 | 12.99 | 6,639,432 |
| Backtest Upwork | | | Upwork History | | | Upwork Valuation | Previous | Next |
Upwork Trading Date Momentum on May 1, 2024
| On May 02 2024 Upwork Inc was traded for 12.99 at the closing time. The top price for the day was 13.05 and the lowest listed price was 12.11 . The trading volume for the day was 6.6 M. The trading history from May 2, 2024 was a factor to the next trading day price upswing. The trading price change against the next closing price was 8.61% . The trading price change against the current closing price is 0.84% . |
Upwork Inc Fundamentals Correlations and Trends
By evaluating Upwork'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 Upwork's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Upwork financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Upwork Stock history
Upwork 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 Upwork is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Upwork 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 Upwork stock prices may prove useful in developing a viable investing in Upwork
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 137.3 M | 119.3 M | |
| Net Loss | -80.9 M | -76.9 M |
Upwork Quarterly Net Working Capital |
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Upwork Stock Technical Analysis
Upwork 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
Upwork Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Upwork Inc 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.
Upwork November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Upwork stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Upwork shares will generate the highest return on investment. By undertsting and applying Upwork stock market strength indicators, traders can identify Upwork Inc entry and exit signals to maximize returns
Upwork Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Upwork's price direction in advance. Along with the technical and fundamental analysis of Upwork Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Upwork 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 | 0.1589 | |||
| Jensen Alpha | 0.7683 | |||
| Total Risk Alpha | 0.1731 | |||
| Sortino Ratio | 0.3688 | |||
| Treynor Ratio | 1.2 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Upwork Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Human Resource & Employment Services 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 Upwork. If investors know Upwork 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 Upwork 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 0.7 | Earnings Share 0.62 | Revenue Per Share 5.676 | Quarterly Revenue Growth 0.103 | Return On Assets 0.0371 |
The market value of Upwork Inc is measured differently than its book value, which is the value of Upwork that is recorded on the company's balance sheet. Investors also form their own opinion of Upwork's value that differs from its market value or its book value, called intrinsic value, which is Upwork'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 Upwork's market value can be influenced by many factors that don't directly affect Upwork'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 Upwork's value and its price as these two are different measures arrived at by different means. Investors typically determine if Upwork is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Upwork'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.