Urgently Common Stock Stock Market Value
| ULY Stock | 0.53 0.01 1.85% |
| Symbol | Urgently |
Urgently Common Stock Price To Book Ratio
Is Application Software 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 Urgently Common. If investors know Urgently 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 Urgently Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 6.88 | Revenue Per Share 17.653 | Quarterly Revenue Growth (0.21) | Return On Assets (0.33) |
The market value of Urgently Common Stock is measured differently than its book value, which is the value of Urgently that is recorded on the company's balance sheet. Investors also form their own opinion of Urgently Common's value that differs from its market value or its book value, called intrinsic value, which is Urgently Common'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 Urgently Common's market value can be influenced by many factors that don't directly affect Urgently Common'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 Urgently Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urgently Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urgently Common'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.
Urgently Common '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 Urgently Common'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 Urgently Common.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Urgently Common on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Urgently Common Stock or generate 0.0% return on investment in Urgently Common over 60 days. Urgently Common is related to or competes with C3 Ai, Shopify, Workday, Intuit, Snowflake, Atlassian Corp, and Autodesk. Urgently Common is entity of United States More
Urgently Common 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 Urgently Common'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 Urgently Common Stock upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 56.01 | |||
| Value At Risk | (10.91) | |||
| Potential Upside | 16.36 |
Urgently Common Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Urgently Common's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Urgently Common's standard deviation. In reality, there are many statistical measures that can use Urgently Common historical prices to predict the future Urgently Common's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.67) | |||
| Total Risk Alpha | (1.84) | |||
| Treynor Ratio | (1.18) |
Urgently Common Stock Backtested Returns
Urgently Common Stock owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0719, which indicates the firm had a -0.0719% return per unit of risk over the last 3 months. Urgently Common Stock exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Urgently Common's Risk Adjusted Performance of (0.05), variance of 67.09, and Coefficient Of Variation of (1,371) 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, Urgently Common's returns are expected to increase less than the market. However, during the bear market, the loss of holding Urgently Common is expected to be smaller as well. At this point, Urgently Common Stock has a negative expected return of -0.59%. Please make sure to validate Urgently Common's standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Urgently Common Stock performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Urgently Common Stock has very good reverse predictability. Overlapping area represents the amount of predictability between Urgently Common time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 Urgently Common Stock price movement. The serial correlation of -0.67 indicates that around 67.0% of current Urgently Common price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Urgently Common Stock lagged returns against current returns
Autocorrelation, which is Urgently Common 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 Urgently Common's stock expected returns. We can calculate the autocorrelation of Urgently Common returns to help us make a trade decision. For example, suppose you find that Urgently Common 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 |
Urgently Common 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 Urgently Common stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Urgently Common stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Urgently Common stock over time.
Current vs Lagged Prices |
| Timeline |
Urgently Common Lagged Returns
When evaluating Urgently Common's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Urgently Common stock have on its future price. Urgently Common 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, Urgently Common autocorrelation shows the relationship between Urgently Common stock current value and its past values and can show if there is a momentum factor associated with investing in Urgently Common Stock.
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.Additional Tools for Urgently Stock Analysis
When running Urgently Common's price analysis, check to measure Urgently Common'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 Urgently Common is operating at the current time. Most of Urgently Common's value examination focuses on studying past and present price action to predict the probability of Urgently Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Urgently Common's price. Additionally, you may evaluate how the addition of Urgently Common to your portfolios can decrease your overall portfolio volatility.