Wheels Up Experience Stock Price on May 24, 2024

UP Stock  USD 1.93  0.13  6.31%   
If you're considering investing in Wheels Stock, it is important to understand the factors that can impact its price. As of today, the current price of Wheels Up stands at 1.93, as last reported on the 16th of June 2024, with the highest price reaching 2.02 and the lowest price hitting 1.89 during the day. Wheels Up Experience shows Sharpe Ratio of -0.0806, which attests that the company had a -0.0806% return per unit of risk over the last 3 months. Wheels Up Experience exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Wheels Up's Mean Deviation of 4.55, market risk adjusted performance of (0.27), and Standard Deviation of 6.17 to validate the risk estimate we provide.
  
At this time, Wheels Up's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 06/16/2024, Common Stock Total Equity is likely to grow to about 30.2 K, while Other Stockholder Equity is likely to drop slightly above 2.4 M. . At this time, Wheels Up's Price Book Value Ratio is relatively stable compared to the past year. As of 06/16/2024, Price To Book Ratio is likely to grow to 4.89, while Price Earnings To Growth Ratio is likely to drop 0.01. Wheels Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0806

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsUP

Estimated Market Risk

 6.33
  actual daily
56
56% of assets are less volatile

Expected Return

 -0.51
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.08
  actual daily
0
Most of other assets perform better
Based on monthly moving average Wheels Up 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 Wheels Up by adding Wheels Up to a well-diversified portfolio.
Price Book
1.4 K
Enterprise Value Ebitda
(4.36)
Price Sales
1.225
Shares Float
46 M
Wall Street Target Price
4

Related Headline

Grupo Aeroportuario Headline on 24th of May 2024

Exploring the Sustainability and Growth of ASRs Dividends Grupo Aeroportuario del Sureste SAB de CV recently announced a dividend of 6.47 per share, sch

Wheels Up Valuation on May 24, 2024

It is possible to determine the worth of Wheels Up on a given historical date. On May 24, 2024 Wheels was worth 2.68 at the beginning of the trading date compared to the closed value of 2.64. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Wheels Up stock. Still, in general, we apply an absolute valuation method to find Wheels Up'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 Wheels Up where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Wheels Up's related companies.
 Open High Low Close Volume
  2.83    2.89    2.61    2.69    716,635  
05/24/2024
  2.68    2.89    2.63    2.64    776,348  
  2.66    2.90    2.63    2.88    1,094,943  
Backtest Wheels Up  |  Wheels Up History  |  Wheels Up Valuation   PreviousNext  
Open Value
2.68
2.64
Closing Value
21.66
Upside

Wheels Up Trading Date Momentum on May 24, 2024

On May 28 2024 Wheels Up Experience was traded for  2.88  at the closing time. The highest price during the trading period was 2.90  and the lowest recorded bid was listed for  2.63 . The volume for the day was 1.1 M. This history from May 28, 2024 contributed to the next trading day price gain. The trading price change to the next closing price was 9.09% . The trading price change to the current price is 12.12% .

Wheels Up Experience Fundamentals Correlations and Trends

By evaluating Wheels Up'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 Wheels Up's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Wheels financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Wheels Up Stock history

Wheels Up 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 Wheels is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Wheels Up Experience 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 Wheels Up stock prices may prove useful in developing a viable investing in Wheels Up
Last ReportedProjected for Next Year
Common Stock Shares Outstanding32.2 M27.8 M
Net Loss-499.6 M-474.7 M

Wheels Up Stock Technical Analysis

Wheels Up 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.
A focus of Wheels Up technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Wheels Up trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Wheels Up Period Price Range

Low
May 24, 2024
-0.04  -1.49%
High

 2.68 

     

 2.64 

Wheels Up June 16, 2024 Market Strength

Market strength indicators help investors to evaluate how Wheels Up stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Wheels Up shares will generate the highest return on investment. By undertsting and applying Wheels Up stock market strength indicators, traders can identify Wheels Up Experience entry and exit signals to maximize returns

Wheels Up Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Wheels Up's price direction in advance. Along with the technical and fundamental analysis of Wheels Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Wheels 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.

Additional Tools for Wheels Stock Analysis

When running Wheels Up's price analysis, check to measure Wheels Up'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 Wheels Up is operating at the current time. Most of Wheels Up's value examination focuses on studying past and present price action to predict the probability of Wheels Up's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wheels Up's price. Additionally, you may evaluate how the addition of Wheels Up to your portfolios can decrease your overall portfolio volatility.