Urban One Stock Market Value
| UONE Stock | USD 2.02 0.34 14.41% |
| Symbol | Urban |
Urban One Price To Book Ratio
Is Urban One's industry 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 Urban One. If investors know Urban 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 Urban One 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 3.633 | Earnings Share 0.3 | Revenue Per Share 10.315 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0569 |
The market value of Urban One is measured differently than its book value, which is the value of Urban that is recorded on the company's balance sheet. Investors also form their own opinion of Urban One's value that differs from its market value or its book value, called intrinsic value, which is Urban One'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 Urban One's market value can be influenced by many factors that don't directly affect Urban One'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 Urban One's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban One is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban One'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.
Urban One '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 Urban One'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 Urban One.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Urban One on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Urban One or generate 0.0% return on investment in Urban One over 30 days. Urban One is related to or competes with Liberty Global, Shenandoah Telecommunicatio, Liberty Global, Liberty Latin, Liberty Broadband, and Telkom Indonesia. Urban One, Inc., together with its subsidiaries, operates as an urban-oriented multi-media company in the United States More
Urban One 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 Urban One'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 Urban One upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 30.82 | |||
| Value At Risk | (7.34) | |||
| Potential Upside | 6.98 |
Urban One Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Urban One's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Urban One's standard deviation. In reality, there are many statistical measures that can use Urban One historical prices to predict the future Urban One's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (1.25) | |||
| Treynor Ratio | (0.28) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Urban One'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.
Urban One Backtested Returns
Urban One owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.16, which indicates the firm had a -0.16% return per unit of risk over the last 3 months. Urban One exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Urban One's Coefficient Of Variation of (937.13), risk adjusted performance of (0.06), and Variance of 29.07 to confirm the risk estimate we provide. The entity has a beta of 2.1, 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, Urban One will likely underperform. Urban One has an expected return of -0.91%. Please make sure to validate Urban One potential upside, and the relationship between the jensen alpha and daily balance of power , to decide if Urban One performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Urban One has good predictability. Overlapping area represents the amount of predictability between Urban One time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd of April 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 Urban One price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Urban One price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Urban One lagged returns against current returns
Autocorrelation, which is Urban One 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 Urban One's stock expected returns. We can calculate the autocorrelation of Urban One returns to help us make a trade decision. For example, suppose you find that Urban One 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 |
Urban One 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 Urban One stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Urban One stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Urban One stock over time.
Current vs Lagged Prices |
| Timeline |
Urban One Lagged Returns
When evaluating Urban One's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Urban One stock have on its future price. Urban One 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, Urban One autocorrelation shows the relationship between Urban One stock current value and its past values and can show if there is a momentum factor associated with investing in Urban One.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Urban One in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Urban One's short interest history, or implied volatility extrapolated from Urban One options trading.
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 Urban One is a strong investment it is important to analyze Urban One'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 Urban One's future performance. For an informed investment choice regarding Urban Stock, refer to the following important reports:Check out Urban One Correlation, Urban One Volatility and Urban One Alpha and Beta module to complement your research on Urban One. For information on how to trade Urban Stock refer to our How to Trade Urban Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Urban Stock analysis
When running Urban One's price analysis, check to measure Urban One's 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 Urban One is operating at the current time. Most of Urban One's value examination focuses on studying past and present price action to predict the probability of Urban One's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Urban One's price. Additionally, you may evaluate how the addition of Urban One to your portfolios can decrease your overall portfolio volatility.
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Urban One 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.