Uber Technologies Stock Performance

UBER -  USA Stock  

USD 23.35  0.11  0.47%

The entity has a beta of 1.7243, which indicates a somewhat significant risk relative to the market. Let's try to break down what Uber Technologies's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Uber Technologies will likely underperform. Even though it is essential to pay attention to Uber Technologies current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Uber Technologies exposes twenty-one different technical indicators, which can help you to evaluate its performance. Uber Technologies has an expected return of -0.48%. Please be advised to validate Uber Technologies downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Uber Technologies performance from the past will be repeated at some point in the near future.
  
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Uber Technologies Performance
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Over the last 90 days Uber Technologies has generated negative risk-adjusted returns adding no value to investors with long positions. Even with sluggish performance in the last few months, the Stock's technical and fundamental indicators remain relatively invariable which may send shares a bit higher in June 2022. The latest agitation may also be a sign of long-running up-swing for the enterprise retail investors. ...more

Uber Technologies Price Channel

Quick Ratio0.81
Fifty Two Week Low21.69
Target High Price75.00
Fifty Two Week High52.36
Target Low Price28.00

Uber Technologies Relative Risk vs. Return Landscape

If you would invest  3,368  in Uber Technologies on February 22, 2022 and sell it today you would lose (1,033)  from holding Uber Technologies or give up 30.67% of portfolio value over 90 days. Uber Technologies is currently does not generate positive expected returns and assumes 4.2098% risk (volatility on return distribution) over the 90 days horizon. In different words, 36% of stocks are less volatile than Uber Technologies, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
 Daily Expected Return (%) 
      Risk (%) 
Given the investment horizon of 90 days Uber Technologies is expected to under-perform the market. In addition to that, the company is 3.14 times more volatile than its market benchmark. It trades about -0.11 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.08 per unit of volatility.

Uber Technologies Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Uber Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Uber Technologies, and traders can use it to determine the average amount a Uber Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1148

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Negative ReturnsUBER
Estimated Market Risk
 4.21
  actual daily
 
 36 %
of total potential
 
3636
Expected Return
 -0.48
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 0 %
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Risk-Adjusted Return
 -0.11
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Based on monthly moving average Uber Technologies is performing at about 0% of its full potential. 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 Uber Technologies by adding it to a well-diversified portfolio.

About Uber Technologies Performance

To evaluate Uber Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Uber Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Uber Technologies Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Uber Technologies stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Uber Technologies's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California. Uber Technologies operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 29300 people.

Things to note about Uber Technologies

Checking the ongoing alerts about Uber Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Uber Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Uber Technologies Alerts

Equity Alerts and Improvement Suggestions

Uber Technologies generated a negative expected return over the last 90 days
Uber Technologies has high historical volatility and very poor performance
Uber Technologies has high likelihood to experience some financial distress in the next 2 years
The company currently holds 11.6 B in liabilities with Debt to Equity (D/E) ratio of 0.76, which is about average as compared to similar companies. Uber Technologies has a current ratio of 0.96, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Uber Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Uber Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Uber Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Uber Technologies to invest in growth at high rates of return. When we think about Uber Technologies' use of debt, we should always consider it together with cash and equity.
The entity reported the previous year's revenue of 17.45 B. Net Loss for the year was (496 M) with profit before overhead, payroll, taxes, and interest of 6.23 B.
Uber Technologies currently holds about 4.3 B in cash with (445 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.2.
Over 76.0% of Uber Technologies outstanding shares are owned by institutional investors
Latest headline from MacroaxisInsider: Exercise or conversion by Nikki Krishnamurthy of 1805 shares of Uber Technologies subject to Rule 16b-3
Also, please take a look at World Market Map. 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Uber Technologies 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 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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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 Technologies 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.
The market value of Uber Technologies is measured differently than its book value, which is the value of Uber Technologies 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 Uber Technologies value 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.