Universal Technical Institute Stock Market Value
| UTI Stock | USD 25.94 0.56 2.21% |
| Symbol | Universal |
Universal Technical Price To Book Ratio
Is Diversified Consumer 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 Universal Technical. If investors know Universal 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 Universal Technical 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 2.5 | Earnings Share 0.75 | Revenue Per Share 15.885 | Quarterly Revenue Growth 0.158 | Return On Assets 0.0404 |
The market value of Universal Technical is measured differently than its book value, which is the value of Universal that is recorded on the company's balance sheet. Investors also form their own opinion of Universal Technical's value that differs from its market value or its book value, called intrinsic value, which is Universal Technical'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 Universal Technical's market value can be influenced by many factors that don't directly affect Universal Technical'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 Universal Technical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Universal Technical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Universal Technical'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.
Universal Technical '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 Universal Technical'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 Universal Technical.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Universal Technical on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Universal Technical Institute or generate 0.0% return on investment in Universal Technical over 300 days. Universal Technical is related to or competes with Laureate Education, Strategic Education, Grand Canyon, American Public, ATA Creativity, Cogna Educacao, and Sunlands Technology. Universal Technical Institute, Inc. provides transportation and technical training programs in the United States More
Universal Technical 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 Universal Technical'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 Universal Technical Institute upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.13 | |||
| Information Ratio | 0.1593 | |||
| Maximum Drawdown | 15.04 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 4.61 |
Universal Technical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Universal Technical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Universal Technical's standard deviation. In reality, there are many statistical measures that can use Universal Technical historical prices to predict the future Universal Technical's volatility.| Risk Adjusted Performance | 0.1586 | |||
| Jensen Alpha | 0.3214 | |||
| Total Risk Alpha | 0.1324 | |||
| Sortino Ratio | 0.2524 | |||
| Treynor Ratio | 0.2327 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Universal Technical'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.
Universal Technical Backtested Returns
Universal Technical appears to be not too volatile, given 3 months investment horizon. Universal Technical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. By inspecting Universal Technical's technical indicators, you can evaluate if the expected return of 0.7% is justified by implied risk. Please review Universal Technical's Semi Deviation of 1.58, coefficient of variation of 506.45, and Risk Adjusted Performance of 0.1586 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Universal Technical holds a performance score of 16. The entity has a beta of 2.82, 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, Universal Technical will likely underperform. Please check Universal Technical's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Universal Technical's existing price patterns will revert.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Universal Technical Institute has insignificant reverse predictability. Overlapping area represents the amount of predictability between Universal Technical time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Universal Technical price movement. The serial correlation of -0.19 indicates that over 19.0% of current Universal Technical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 4.03 |
Universal Technical lagged returns against current returns
Autocorrelation, which is Universal Technical 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 Universal Technical's stock expected returns. We can calculate the autocorrelation of Universal Technical returns to help us make a trade decision. For example, suppose you find that Universal Technical 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 |
Universal Technical 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 Universal Technical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Universal Technical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Universal Technical stock over time.
Current vs Lagged Prices |
| Timeline |
Universal Technical Lagged Returns
When evaluating Universal Technical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Universal Technical stock have on its future price. Universal Technical 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, Universal Technical autocorrelation shows the relationship between Universal Technical stock current value and its past values and can show if there is a momentum factor associated with investing in Universal Technical Institute.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Universal Technical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Universal Technical'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 Universal Technical Institute Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Universal Technical Institute Stock:Check out Universal Technical Correlation, Universal Technical Volatility and Universal Technical Alpha and Beta module to complement your research on Universal Technical. You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Universal Technical 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.