Udemy Inc Stock Price on September 30, 2023
| UDMY Stock | USD 8.50 0.04 0.47% |
If you're considering investing in Udemy Stock, it is important to understand the factors that can impact its price. As of today, the current price of Udemy stands at 8.50, as last reported on the 10th of June, with the highest price reaching 8.54 and the lowest price hitting 8.32 during the day. Udemy Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.31, which indicates the firm had a -0.31% return per unit of risk over the last month. Udemy Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Udemy's Variance of 4.22, coefficient of variation of (274.85), and Risk Adjusted Performance of (0.22) to confirm the risk estimate we provide.
At this time, Udemy's Total Stockholder Equity is fairly stable compared to the past year. Common Stock Shares Outstanding is likely to rise to about 156.1 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 576 M in 2024. . At this time, Udemy's Price Book Value Ratio is fairly stable compared to the past year. Price Earnings To Growth Ratio is likely to rise to 0.62 in 2024, whereas Price To Sales Ratio is likely to drop 2.88 in 2024. Udemy Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Udemy |
Sharpe Ratio = -0.3149
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | UDMY |
Estimated Market Risk
| 2.09 actual daily | 18 82% of assets are more volatile |
Expected Return
| -0.66 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.31 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Udemy is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Udemy by adding Udemy to a well-diversified portfolio.
Price Book 4.2985 | Enterprise Value Ebitda (13.55) | Price Sales 2.1046 | Shares Float 82.8 M | Wall Street Target Price 14.88 |
Udemy Valuation on September 30, 2023
It is possible to determine the worth of Udemy on a given historical date. On September 30, 2023 Udemy was worth 9.32 at the beginning of the trading date compared to the closed value of 9.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Udemy stock. Still, in general, we apply an absolute valuation method to find Udemy's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Udemy where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Udemy's related companies.
| Open | High | Low | Close | Volume | |
| 9.05 | 9.30 | 8.96 | 9.18 | 366,928 | |
09/29/2023 | 9.32 | 9.54 | 9.32 | 9.50 | 516,082 |
| 9.48 | 9.57 | 9.37 | 9.50 | 503,300 |
| Backtest Udemy | | | Udemy History | | | Udemy Valuation | Previous | Next |
Udemy Trading Date Momentum on September 30, 2023
| On October 02 2023 Udemy Inc was traded for 9.50 at the closing time. The top price for the day was 9.57 and the lowest listed price was 9.37 . The trading volume for the day was 503.3 K. The trading history from October 2, 2023 did not result in any price rise and fall. The trading price change against the current closing price is 0.21% . |
Udemy Inc Fundamentals Correlations and Trends
By evaluating Udemy's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Udemy's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Udemy financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Udemy Stock history
Udemy investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Udemy is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Udemy Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Udemy stock prices may prove useful in developing a viable investing in Udemy
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 150.1 M | 156.1 M | |
| Net Loss | -138.5 M | -145.4 M |
Udemy Stock Technical Analysis
Udemy 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.
Price Boundaries
Udemy Period Price Range
Low | September 29, 2023
| High |
9.32 | 9.50 |
Udemy June 10, 2024 Market Strength
Market strength indicators help investors to evaluate how Udemy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Udemy shares will generate the highest return on investment. By undertsting and applying Udemy stock market strength indicators, traders can identify Udemy Inc entry and exit signals to maximize returns
| Accumulation Distribution | 11901.26 | |||
| Daily Balance Of Power | 0.8182 | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 9.43 | |||
| Day Typical Price | 9.45 | |||
| Price Action Indicator | 0.16 | |||
| Period Momentum Indicator | (1.00) |
Udemy Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Udemy's price direction in advance. Along with the technical and fundamental analysis of Udemy Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Udemy to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.22) | |||
| Jensen Alpha | (0.74) | |||
| Total Risk Alpha | (0.72) | |||
| Treynor Ratio | (0.46) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Additional Tools for Udemy Stock Analysis
When running Udemy's price analysis, check to measure Udemy'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 Udemy is operating at the current time. Most of Udemy's value examination focuses on studying past and present price action to predict the probability of Udemy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Udemy's price. Additionally, you may evaluate how the addition of Udemy to your portfolios can decrease your overall portfolio volatility.