Uber Technologies Stock Alpha and Beta Analysis
| UBER Stock | USD 71.51 1.87 2.69% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Uber Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Uber Technologies over a specified time horizon. Remember, high Uber Technologies' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Uber Technologies' market risk premium analysis include:
Beta 1.04 | Alpha (0.14) | Risk 2.5 | Sharpe Ratio 0.0028 | Expected Return 0.007 |
Uber Technologies Quarterly Cash And Equivalents |
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Uber |
Uber Technologies Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Uber Technologies market risk premium is the additional return an investor will receive from holding Uber Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Uber Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Uber Technologies' performance over market.| α | -0.14 | β | 1.04 |
Uber Technologies expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Uber Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Uber Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Uber Technologies Market Price Analysis
Market price analysis indicators help investors to evaluate how Uber Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Uber Technologies shares will generate the highest return on investment. By understating and applying Uber Technologies stock market price indicators, traders can identify Uber Technologies position entry and exit signals to maximize returns.
Uber Technologies Return and Market Media
The median price of Uber Technologies for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 is 73.31 with a coefficient of variation of 5.36. The daily time series for the period is distributed with a sample standard deviation of 3.99, arithmetic mean of 74.5, and mean deviation of 3.17. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Uber asks NYC to cut minimum driver pay as price of used cars, gasoline drops | 11/04/2024 |
2 | WoodTrust Financial Corp Has 1.78 Million Stock Holdings in Uber Technologies, Inc. | 11/07/2024 |
3 | Uber Technologies, Inc. is Mizuho Securities Co. Ltd.s 10th Largest Position | 11/13/2024 |
4 | Brokers Suggest Investing in Uber Read This Before Placing a Bet | 11/18/2024 |
5 | Recent weakness offers attractive entry point to buy Uber says analyst | 11/19/2024 |
6 | Uber Launches XXL Rides With Extra Trunk Space To Tackle Thanksgiving Travel Surge At Over 60 Airports | 11/20/2024 |
7 | Mizuho Securities USA LLC Sells 24,871 Shares of Uber Technologies, Inc. | 11/21/2024 |
About Uber Technologies Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Uber or other stocks. Alpha measures the amount that position in Uber Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 10.87 | 27.0 | 28.43 | 17.97 | Days Of Inventory On Hand | 24.63 | 12.63 | 14.52 | 13.79 |
Uber Technologies Upcoming Company Events
As portrayed in its financial statements, the presentation of Uber Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Uber Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Uber Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Uber Technologies. Please utilize our Beneish M Score to check the likelihood of Uber Technologies' management manipulating its earnings.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 7th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
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Additional Tools for Uber Stock Analysis
When running Uber Technologies' price analysis, check to measure Uber Technologies' 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 Uber Technologies is operating at the current time. Most of Uber Technologies' value examination focuses on studying past and present price action to predict the probability of Uber Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uber Technologies' price. Additionally, you may evaluate how the addition of Uber Technologies to your portfolios can decrease your overall portfolio volatility.