United Rentals Technical Analysis

United Rentals Inc -- USA Stock  

USD 153.27  0.42  0.27%

United Rentals Inc has Semi Deviation of 1.51, Coefficient Of Variation of 591.52 and Risk Adjusted Performance of 0.0728. In relation to Fundamental Indicators, Macroaxis technical analysis interface makes it possible for you to check existing technical drivers of United Rentals Inc as well as the relationship between them. In other words you can use this information to find out if the company will indeed mirror its model of past prices and volume data or the prices will eventually revert. We found nineteen technical drivers for United Rentals Inc which can be compared to its competition. Please validate United Rentals Inc Coefficient Of Variation, Treynor Ratio as well as the relationship between Treynor Ratio and Semi Variance to decide if United Rentals is priced more or less accurately providing market reflects its prevalent price of 153.27 per share. Given that United Rentals Inc has Jensen Alpha of 0.3447, we advise you double-check United Rentals Inc current market performance to make sure the company can sustain itself at future point.
Investment Horizon     30 Days    Login   to change

United Rentals Inc Trend Analysis

Use this graph to draw trend lines for United Rentals Inc. You can use it to identify possible trend reversals for United Rentals as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual United Rentals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

United Rentals Best Fit Change Line

The following chart estimates an ordinary least squares regression model for United Rentals Inc applied against its price change over selected period. The best fit line has a slop of 0.5 % which may imply that United Rentals Inc will maintain its good market sentiment and make money for investors. It has 34 observation points and a regression sum of squares at 204.34, which is the sum of squared deviations for the predicted United Rentals price change compared to its average price change.

Did you try this?

Run Equity Forecasting Now
   

Equity Forecasting

Use basic forecasting models to generate price predictions and determine price momentum
Hide  View All  NextLaunch Equity Forecasting
United Rentals Inc is rated third in mean deviation category among related companies. It is currently under evaluation in standard deviation category among related companies creating about  1.24  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for United Rentals Inc is roughly  1.24