United Rentals Stock Probability of Future Stock Price Finishing Under 133.44

URI Stock  USD 721.11  0.96  0.13%   
United Rentals' implied volatility is one of the determining factors in the pricing options written on United Rentals. Implied volatility approximates the future value of United Rentals based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in United Rentals over a specific time period. For example, 2024-04-05 CALL at $720.0 is a CALL option contract on United Rentals' common stock with a strick price of 720.0 expiring on 2024-04-05. The contract was last traded on 2024-03-28 at 15:13:48 for $13.9 and, as of today, has 7 days remaining before the expiration. The option is currently trading at a bid price of $11.1, and an ask price of $12.1. The implied volatility as of the 29th of March is 26.94. View All United options

Closest to current price United long CALL Option Payoff at Expiration

United Rentals' future price is the expected price of United Rentals instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of United Rentals performance during a given time horizon utilizing its historical volatility. Check out United Rentals Backtesting, United Rentals Valuation, United Rentals Correlation, United Rentals Hype Analysis, United Rentals Volatility, United Rentals History as well as United Rentals Performance.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.
  
As of now, United Rentals' Price To Operating Cash Flows Ratio is increasing as compared to previous years. The United Rentals' current Price To Free Cash Flows Ratio is estimated to increase to 65.02, while Price Earnings Ratio is projected to decrease to 15.11. Please specify United Rentals' target price for which you would like United Rentals odds to be computed.

United Rentals Target Price Odds to finish below 133.44

The tendency of United Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to drop to $ 133.44  or more in 90 days
 721.11 90 days 133.44 
near 1
Based on a normal probability distribution, the odds of United Rentals to drop to $ 133.44  or more in 90 days from now is near 1 (This United Rentals probability density function shows the probability of United Stock to fall within a particular range of prices over 90 days) . Probability of United Rentals price to stay between $ 133.44  and its current price of $721.11 at the end of the 90-day period is more than 94.0 .
Considering the 90-day investment horizon the stock has the beta coefficient of 2.3 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, United Rentals will likely underperform. Additionally United Rentals has an alpha of 0.0866, implying that it can generate a 0.0866 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   United Rentals Price Density   
       Price  

Predictive Modules for United Rentals

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as United Rentals. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of United Rentals' 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.
Hype
Prediction
LowEstimatedHigh
719.99722.31724.63
Details
Intrinsic
Valuation
LowRealHigh
558.05560.37793.22
Details
Naive
Forecast
LowNextHigh
717.73720.05722.37
Details
24 Analysts
Consensus
LowTargetHigh
429.29471.75523.64
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as United Rentals. Your research has to be compared to or analyzed against United Rentals' peers to derive any actionable benefits. When done correctly, United Rentals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in United Rentals.

United Rentals Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. United Rentals is not an exception. The market had few large corrections towards the United Rentals' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold United Rentals, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of United Rentals within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.09
β
Beta against NYSE Composite2.30
σ
Overall volatility
55.96
Ir
Information ratio 0.11

United Rentals Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of United Rentals for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for United Rentals can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
United Rentals has a strong financial position based on the latest SEC filings
Over 99.0% of the company outstanding shares are owned by institutional investors
On 28th of February 2024 United Rentals paid $ 1.63 per share dividend to its current shareholders
Latest headline from benzinga.com: If You Invested 100 In This Stock 20 Years Ago, You Would Have 4,000 Today

United Rentals Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of United Stock often depends not only on the future outlook of the current and potential United Rentals' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. United Rentals' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding68.7 M
Cash And Short Term Investments363 M

United Rentals Technical Analysis

United Rentals' future price can be derived by breaking down and analyzing its technical indicators over time. United Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of United Rentals. In general, you should focus on analyzing United Stock price patterns and their correlations with different microeconomic environments and drivers.

United Rentals Predictive Forecast Models

United Rentals' time-series forecasting models is one of many United Rentals' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary United Rentals' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about United Rentals

Checking the ongoing alerts about United Rentals for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for United Rentals help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
United Rentals has a strong financial position based on the latest SEC filings
Over 99.0% of the company outstanding shares are owned by institutional investors
On 28th of February 2024 United Rentals paid $ 1.63 per share dividend to its current shareholders
Latest headline from benzinga.com: If You Invested 100 In This Stock 20 Years Ago, You Would Have 4,000 Today
When determining whether United Rentals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Rentals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Rentals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Rentals Stock:

Complementary Tools for United Stock analysis

When running United Rentals' price analysis, check to measure United Rentals' 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 United Rentals is operating at the current time. Most of United Rentals' value examination focuses on studying past and present price action to predict the probability of United Rentals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Rentals' price. Additionally, you may evaluate how the addition of United Rentals to your portfolios can decrease your overall portfolio volatility.
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Transaction History
View history of all your transactions and understand their impact on performance
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
USA ETFs
Find actively traded Exchange Traded Funds (ETF) in USA
Is United Rentals' 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 United Rentals. If investors know United 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 United Rentals 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
0.098
Dividend Share
5.92
Earnings Share
35.29
Revenue Per Share
209.318
Quarterly Revenue Growth
0.131
The market value of United Rentals is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' 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 United Rentals' market value can be influenced by many factors that don't directly affect United Rentals' 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 United Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Rentals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' 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.