Uber Technologies Stock Market Value

UBER Stock  USD 77.73  1.02  1.30%   
Uber Technologies' market value is the price at which a share of Uber Technologies stock trades on a public exchange. It measures the collective expectations of Uber Technologies investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Uber Technologies and determine expected loss or profit from investing in Uber Technologies over a given investment horizon.
Check out Uber Technologies Correlation, Uber Technologies Volatility and Uber Technologies Alpha and Beta module to complement your research on Uber Technologies.
To learn how to invest in Uber Stock, please use our How to Invest in Uber Technologies guide.
Symbol

Uber Technologies Valuation

Is Uber Technologies' 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 Uber Technologies. If investors know Uber 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 Uber Technologies 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
1.269
Earnings Share
0.87
Revenue Per Share
18.314
Quarterly Revenue Growth
0.154
Return On Assets
0.0196
The market value of Uber Technologies is measured differently than its book value, which is the value of Uber that is recorded on the company's balance sheet. Investors also form their own opinion of Uber Technologies' value that differs from its market value or its book value, called intrinsic value, which is Uber Technologies' 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 Uber Technologies' market value can be influenced by many factors that don't directly affect Uber Technologies' 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 Uber Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Uber Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Uber Technologies' 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.

Uber Technologies '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 Uber Technologies' 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 Uber Technologies.
0.00
03/06/2023
No Change 0.00  0.0 
In 11 months and 26 days
02/29/2024
0.00
If you would invest  0.00  in Uber Technologies on March 6, 2023 and sell it all today you would earn a total of 0.00 from holding Uber Technologies or generate 0.0% return on investment in Uber Technologies over 360 days. Uber Technologies is related to or competes with Unity Software, Daily Journal, C3 Ai, Blackline, Dynatrace Holdings, DoubleVerify Holdings, and Eventbrite. Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin Am... More

Uber Technologies 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 Uber Technologies' 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 Uber Technologies upside and downside potential and time the market with a certain degree of confidence.

Uber Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Uber Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Uber Technologies' standard deviation. In reality, there are many statistical measures that can use Uber Technologies historical prices to predict the future Uber Technologies' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Uber Technologies' 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. Please use the tools below to analyze the current value of Uber Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
74.2576.8179.37
Details
Intrinsic
Valuation
LowRealHigh
67.5570.1185.50
Details
51 Analysts
Consensus
LowTargetHigh
49.1353.9959.93
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.040.210.50
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Uber Technologies. Your research has to be compared to or analyzed against Uber Technologies' peers to derive any actionable benefits. When done correctly, Uber Technologies' 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 Uber Technologies.

Uber Technologies Backtested Returns

Uber Technologies appears to be very steady, given 3 months investment horizon. Uber Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had 0.21% return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By inspecting Uber Technologies technical indicators you can presently evaluate if the expected return of 0.54% is justified by implied risk. Please review Uber Technologies' Coefficient Of Variation of 452.15, risk adjusted performance of 0.1475, and Semi Deviation of 1.25 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Uber Technologies holds a performance score of 16. The entity has a beta of 1.45, 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, Uber Technologies will likely underperform. Although it is vital to follow Uber Technologies current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. Please operates Uber Technologies downside variance, and the relationship between the sortino ratio and accumulation distribution to make a quick decision on whether Uber Technologies existing price patterns will revert.

Auto-correlation

    
  0.88  

Very good predictability

Uber Technologies has very good predictability. Overlapping area represents the amount of predictability between Uber Technologies time series from 6th of March 2023 to 2nd of September 2023 and 2nd of September 2023 to 29th of February 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 Uber Technologies price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Uber Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient0.88
Spearman Rank Test0.89
Residual Average0.0
Price Variance113.9

Uber Technologies lagged returns against current returns

Autocorrelation, which is Uber Technologies 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 Uber Technologies' stock expected returns. We can calculate the autocorrelation of Uber Technologies returns to help us make a trade decision. For example, suppose you find that Uber Technologies stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
       Timeline  

Uber Technologies 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 Uber Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Uber Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Uber Technologies stock over time.
   Current vs Lagged Prices   
       Timeline  

Uber Technologies Lagged Returns

When evaluating Uber Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Uber Technologies stock have on its future price. Uber Technologies 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, Uber Technologies autocorrelation shows the relationship between Uber Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Uber Technologies.
   Regressed Prices   
       Timeline  

Uber Technologies Investors Sentiment

The influence of Uber Technologies' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Uber. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Uber Technologies' public news can be used to forecast risks associated with an investment in Uber. The trend in average sentiment can be used to explain how an investor holding Uber can time the market purely based on public headlines and social activities around Uber Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Uber Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Uber Technologies' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Uber Technologies' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Uber Technologies.

Uber Technologies Implied Volatility

    
  63.05  
Uber Technologies' implied volatility exposes the market's sentiment of Uber Technologies stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Uber Technologies' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Uber Technologies stock will not fluctuate a lot when Uber Technologies' options are near their expiration.
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 Uber Technologies 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, Uber Technologies' short interest history, or implied volatility extrapolated from Uber Technologies 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 Uber Technologies is a strong investment it is important to analyze Uber Technologies' 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 Uber Technologies' future performance. For an informed investment choice regarding Uber Stock, refer to the following important reports:
Check out Uber Technologies Correlation, Uber Technologies Volatility and Uber Technologies Alpha and Beta module to complement your research on Uber Technologies.
To learn how to invest in Uber Stock, please use our How to Invest in Uber Technologies guide.
Note that the Uber Technologies information on this page should be used as a complementary analysis to other Uber Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Uber Stock analysis

When running Uber Technologies' price analysis, check to measure Uber Technologies' 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 Uber Technologies is operating at the current time. Most of Uber Technologies' value examination focuses on studying past and present price action to predict the probability of Uber Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Uber Technologies' price. Additionally, you may evaluate how the addition of Uber Technologies to your portfolios can decrease your overall portfolio volatility.
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Uber Technologies 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 Uber Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Uber Technologies 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...