UPS CDR Beta vs. Shares Outstanding
| UPS Stock | 17.91 0.33 1.88% |
For UPS CDR profitability analysis, we use financial ratios and fundamental drivers that measure the ability of UPS CDR to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well UPS CDR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between UPS CDR's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of UPS CDR over time as well as its relative position and ranking within its peers.
UPS |
UPS CDR Shares Outstanding vs. Beta Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining UPS CDR's current stock value. Our valuation model uses many indicators to compare UPS CDR value to that of its competitors to determine the firm's financial worth. UPS CDR is rated third in beta category among its peers. It is rated first in shares outstanding category among its peers creating about 7,789,490,835 of Shares Outstanding per Beta. Comparative valuation analysis is a catch-all model that can be used if you cannot value UPS CDR by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for UPS CDR's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.UPS Shares Outstanding vs. Beta
Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
UPS CDR |
| = | 0.98 |
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
UPS CDR |
| = | 7.65 B |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
UPS Shares Outstanding Comparison
UPS CDR is currently under evaluation in shares outstanding category among its peers.
Beta Analysis
UPS CDR returns are very sensitive to returns on the market. As the market goes up or down, UPS CDR is expected to follow.
UPS CDR Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in UPS CDR, profitability is also one of the essential criteria for including it into their portfolios because, without profit, UPS CDR will eventually generate negative long term returns. The profitability progress is the general direction of UPS CDR's change in net profit over the period of time. It can combine multiple indicators of UPS CDR, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
UPS CDR is entity of Canada. It is traded as Stock on NEO exchange.
UPS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on UPS CDR. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of UPS CDR position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the UPS CDR's important profitability drivers and their relationship over time.
Use UPS CDR in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if UPS CDR position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in UPS CDR will appreciate offsetting losses from the drop in the long position's value.UPS CDR Pair Trading
UPS CDR Pair Trading Analysis
The ability to find closely correlated positions to UPS CDR could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace UPS CDR when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back UPS CDR - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling UPS CDR to buy it.
The correlation of UPS CDR is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as UPS CDR moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if UPS CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for UPS CDR can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your UPS CDR position
In addition to having UPS CDR in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Giant Impact
An experimental equal-weighted decomposition of large high potential stocks based on Macroaxis scoring framework. The Giant Impact theme has 44 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Giant Impact Theme or any other thematic opportunities.
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Other Information on Investing in UPS Stock
To fully project UPS CDR's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of UPS CDR at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include UPS CDR's income statement, its balance sheet, and the statement of cash flows.