Upbound Group Stock Market Value
| UPBD Stock | 34.45 0.05 0.15% |
| Symbol | Upbound |
Upbound Group Price To Book Ratio
Is Computer & Electronics 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 Upbound. If investors know Upbound 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 Upbound 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 5.995 | Dividend Share 1.45 | Earnings Share 1.46 | Revenue Per Share 78.182 | Quarterly Revenue Growth 0.092 |
The market value of Upbound Group is measured differently than its book value, which is the value of Upbound that is recorded on the company's balance sheet. Investors also form their own opinion of Upbound's value that differs from its market value or its book value, called intrinsic value, which is Upbound'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 Upbound's market value can be influenced by many factors that don't directly affect Upbound'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 Upbound's value and its price as these two are different measures arrived at by different means. Investors typically determine if Upbound is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Upbound'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.
Upbound '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 Upbound'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 Upbound.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Upbound on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Upbound Group or generate 0.0% return on investment in Upbound over 720 days. Upbound is related to or competes with 7125 Percent, MGIC Investment, Cincinnati Financial, Plexus Corp, IPG Photonics, Primerica, and Semtech. Upbound is entity of United States. It is traded as Stock on NASDAQ exchange. More
Upbound 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 Upbound'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 Upbound Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.07 | |||
| Value At Risk | (3.78) | |||
| Potential Upside | 3.7 |
Upbound Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Upbound's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Upbound's standard deviation. In reality, there are many statistical measures that can use Upbound historical prices to predict the future Upbound's volatility.| Risk Adjusted Performance | 0.0352 | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0495 |
Upbound Group Backtested Returns
At this point, Upbound is very steady. Upbound Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0402, which indicates the firm had a 0.0402% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Upbound Group, which you can use to evaluate the volatility of the company. Please validate Upbound's Coefficient Of Variation of 2716.1, semi deviation of 2.1, and Risk Adjusted Performance of 0.0352 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Upbound has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 1.73, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Upbound will likely underperform. Upbound Group right now has a risk of 2.65%. Please validate Upbound maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Upbound will be following its existing price patterns.
Auto-correlation | 0.01 |
Virtually no predictability
Upbound Group has virtually no predictability. Overlapping area represents the amount of predictability between Upbound time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 Upbound Group price movement. The serial correlation of 0.01 indicates that just 1.0% of current Upbound price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.01 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 2.71 |
Upbound Group lagged returns against current returns
Autocorrelation, which is Upbound 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 Upbound's stock expected returns. We can calculate the autocorrelation of Upbound returns to help us make a trade decision. For example, suppose you find that Upbound 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 |
Upbound 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 Upbound stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Upbound stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Upbound stock over time.
Current vs Lagged Prices |
| Timeline |
Upbound Lagged Returns
When evaluating Upbound's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Upbound stock have on its future price. Upbound 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, Upbound autocorrelation shows the relationship between Upbound stock current value and its past values and can show if there is a momentum factor associated with investing in Upbound Group.
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 Upbound Group is a strong investment it is important to analyze Upbound's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Upbound's future performance. For an informed investment choice regarding Upbound Stock, refer to the following important reports:Check out Upbound Correlation, Upbound Volatility and Upbound Alpha and Beta module to complement your research on Upbound. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Upbound 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.