Ur Energy Stock Market Value
| URG Stock | USD 1.30 0.03 2.26% |
| Symbol | URG |
Is Oil, Gas & Consumable Fuels 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 Ur Energy. If investors know URG 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 Ur Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.13) | Revenue Per Share 0.056 | Quarterly Revenue Growth 0.113 | Return On Assets (0.18) | Return On Equity (0.34) |
The market value of Ur Energy is measured differently than its book value, which is the value of URG that is recorded on the company's balance sheet. Investors also form their own opinion of Ur Energy's value that differs from its market value or its book value, called intrinsic value, which is Ur Energy'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 Ur Energy's market value can be influenced by many factors that don't directly affect Ur Energy'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 Ur Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ur Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ur Energy'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.
Ur Energy '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 Ur Energy'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 Ur Energy.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Ur Energy on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Ur Energy or generate 0.0% return on investment in Ur Energy over 510 days. Ur Energy is related to or competes with Energy Fuels, Uranium Energy, Denison Mines, NexGen Energy, and Fission Uranium. Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties More
Ur Energy 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 Ur Energy'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 Ur Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.72 | |||
| Information Ratio | 0.0295 | |||
| Maximum Drawdown | 13.2 | |||
| Value At Risk | (3.36) | |||
| Potential Upside | 5.5 |
Ur Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ur Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ur Energy's standard deviation. In reality, there are many statistical measures that can use Ur Energy historical prices to predict the future Ur Energy's volatility.| Risk Adjusted Performance | 0.0641 | |||
| Jensen Alpha | 0.0974 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.031 | |||
| Treynor Ratio | 0.2278 |
Ur Energy Backtested Returns
Ur Energy appears to be very risky, given 3 months investment horizon. Ur Energy retains Efficiency (Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for Ur Energy, which you can use to evaluate the volatility of the company. Please review Ur Energy's Risk Adjusted Performance of 0.0641, mean deviation of 2.26, and Downside Deviation of 2.72 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ur Energy holds a performance score of 8. The entity owns a Beta (Systematic Risk) of 0.89, which indicates possible diversification benefits within a given portfolio. Ur Energy returns are very sensitive to returns on the market. As the market goes up or down, Ur Energy is expected to follow. Please check Ur Energy's coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Ur Energy's current price history will revert.
Auto-correlation | -0.67 |
Very good reverse predictability
Ur Energy has very good reverse predictability. Overlapping area represents the amount of predictability between Ur Energy time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Ur Energy price movement. The serial correlation of -0.67 indicates that around 67.0% of current Ur Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Ur Energy lagged returns against current returns
Autocorrelation, which is Ur Energy 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 Ur Energy's stock expected returns. We can calculate the autocorrelation of Ur Energy returns to help us make a trade decision. For example, suppose you find that Ur Energy 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 |
Ur Energy 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 Ur Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ur Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ur Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Ur Energy Lagged Returns
When evaluating Ur Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ur Energy stock have on its future price. Ur Energy 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, Ur Energy autocorrelation shows the relationship between Ur Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Ur Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Ur Energy is a strong investment it is important to analyze Ur Energy'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 Ur Energy's future performance. For an informed investment choice regarding URG Stock, refer to the following important reports:Check out Ur Energy Correlation, Ur Energy Volatility and Ur Energy Alpha and Beta module to complement your research on Ur Energy. For more detail on how to invest in URG Stock please use our How to Invest in Ur Energy guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Ur Energy 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.