Ulta Beauty Stock Market Value
| ULTA Stock | USD 338.38 0.40 0.12% |
| Symbol | Ulta |
Ulta Beauty Price To Book Ratio
Is Other Specialty Retail 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 Ulta Beauty. If investors know Ulta 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 Ulta Beauty 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 (0.12) | Earnings Share 24.9 | Revenue Per Share 234.543 | Quarterly Revenue Growth 0.009 | Return On Assets 0.1791 |
The market value of Ulta Beauty is measured differently than its book value, which is the value of Ulta that is recorded on the company's balance sheet. Investors also form their own opinion of Ulta Beauty's value that differs from its market value or its book value, called intrinsic value, which is Ulta Beauty'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 Ulta Beauty's market value can be influenced by many factors that don't directly affect Ulta Beauty'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 Ulta Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ulta Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ulta Beauty'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.
Ulta Beauty 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Ulta Beauty's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Ulta Beauty.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Ulta Beauty on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Ulta Beauty or generate 0.0% return on investment in Ulta Beauty over 720 days. Ulta Beauty is related to or competes with Williams Sonoma, Dicks Sporting, Best Buy, AutoZone, RH, and OReilly Automotive. Ulta Beauty, Inc. operates as a retailer of beauty products in the United States More
Ulta Beauty Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Ulta Beauty's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Ulta Beauty upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 8.4 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 2.44 |
Ulta Beauty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ulta Beauty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ulta Beauty's standard deviation. In reality, there are many statistical measures that can use Ulta Beauty historical prices to predict the future Ulta Beauty's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ulta Beauty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Ulta Beauty Backtested Returns
Ulta Beauty owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0737, which indicates the firm had a -0.0737% return per unit of risk over the last 3 months. Ulta Beauty exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ulta Beauty's Coefficient Of Variation of (1,271), risk adjusted performance of (0.05), and Variance of 3.05 to confirm the risk estimate we provide. The entity has a beta of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Ulta Beauty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ulta Beauty is expected to be smaller as well. At this point, Ulta Beauty has a negative expected return of -0.13%. Please make sure to validate Ulta Beauty's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if Ulta Beauty performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.69 |
Good predictability
Ulta Beauty has good predictability. Overlapping area represents the amount of predictability between Ulta Beauty time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ulta Beauty price movement. The serial correlation of 0.69 indicates that around 69.0% of current Ulta Beauty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 4199.12 |
Ulta Beauty lagged returns against current returns
Autocorrelation, which is Ulta Beauty stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Ulta Beauty's stock expected returns. We can calculate the autocorrelation of Ulta Beauty returns to help us make a trade decision. For example, suppose you find that Ulta Beauty has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Ulta Beauty regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Ulta Beauty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ulta Beauty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ulta Beauty stock over time.
Current vs Lagged Prices |
| Timeline |
Ulta Beauty Lagged Returns
When evaluating Ulta Beauty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ulta Beauty stock have on its future price. Ulta Beauty autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Ulta Beauty autocorrelation shows the relationship between Ulta Beauty stock current value and its past values and can show if there is a momentum factor associated with investing in Ulta Beauty.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ulta Beauty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ulta Beauty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ulta Beauty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ulta Beauty Stock:Check out Ulta Beauty Correlation, Ulta Beauty Volatility and Ulta Beauty Alpha and Beta module to complement your research on Ulta Beauty. For information on how to trade Ulta Stock refer to our How to Trade Ulta Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Ulta Beauty 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.