Ultralife Stock Performance
| ULBI Stock | USD 8.96 0.06 0.67% |
On a scale of 0 to 100, Ultralife holds a performance score of 7. The entity has a beta of -0.0031, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ultralife are expected to decrease at a much lower rate. During the bear market, Ultralife is likely to outperform the market. Please check Ultralife's skewness, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether Ultralife's existing price patterns will revert.
Risk-Adjusted Performance
7 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Ultralife are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. Despite fairly uncertain fundamental drivers, Ultralife demonstrated solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (4.02) | Five Day Return (2.27) | Year To Date Return 29.71 | Ten Year Return 133.7 | All Time Return (35.09) |
1 | Ultralife Corporation Q4 2023 Earnings Call Transcript | 02/16/2024 |
2 | Q1 2019 Ultralife Corp Earnings Call Transcript | 03/08/2024 |
3 | Acquisition by Michael Manna of 1000 shares of Ultralife at 8.6 subject to Rule 16b-3 | 03/13/2024 |
4 | Insiders Buying Herbalife And 2 Other Stocks | 03/14/2024 |
5 | Ultralife Stock Price Passes Above 200 Day Moving Average of 8.32 - Defense World | 03/26/2024 |
6 | Ultralife Stock Price Crosses Above Two Hundred Day Moving Average of 8.27 - Defense World | 04/08/2024 |
| Begin Period Cash Flow | 5.7 M |
Ultralife |
Ultralife Relative Risk vs. Return Landscape
If you would invest 702.00 in Ultralife on January 17, 2024 and sell it today you would earn a total of 158.00 from holding Ultralife or generate 22.51% return on investment over 90 days. Ultralife is currently generating 0.4242% in daily expected returns and assumes 4.5064% risk (volatility on return distribution) over the 90 days horizon. In different words, 39% of stocks are less volatile than Ultralife, and 92% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Ultralife Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultralife's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Ultralife, and traders can use it to determine the average amount a Ultralife's 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 = 0.0941
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Estimated Market Risk
| 4.51 actual daily | 39 61% of assets are more volatile |
Expected Return
| 0.42 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.09 actual daily | 7 93% of assets perform better |
Based on monthly moving average Ultralife is performing at about 7% 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 Ultralife by adding it to a well-diversified portfolio.
Ultralife Fundamentals Growth
Ultralife Stock prices reflect investors' perceptions of the future prospects and financial health of Ultralife, and Ultralife fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Ultralife Stock performance.
| Return On Equity | 0.0593 | ||||
| Return On Asset | 0.0342 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.08 % | ||||
| Current Valuation | 160.42 M | ||||
| Shares Outstanding | 16.45 M | ||||
| Price To Earning | 13.93 X | ||||
| Price To Book | 1.17 X | ||||
| Price To Sales | 0.93 X | ||||
| Revenue | 158.64 M | ||||
| Gross Profit | 29.4 M | ||||
| EBITDA | 13.39 M | ||||
| Net Income | 7.2 M | ||||
| Cash And Equivalents | 5.11 M | ||||
| Cash Per Share | 0.32 X | ||||
| Total Debt | 29.16 M | ||||
| Debt To Equity | 0.20 % | ||||
| Current Ratio | 3.24 X | ||||
| Book Value Per Share | 7.67 X | ||||
| Cash Flow From Operations | 1.93 M | ||||
| Earnings Per Share | 0.44 X | ||||
| Market Capitalization | 147.24 M | ||||
| Total Asset | 178.28 M | ||||
| Retained Earnings | (40.75 M) | ||||
| Working Capital | 66.47 M | ||||
| Current Asset | 51.95 M | ||||
| Current Liabilities | 10.85 M | ||||
About Ultralife Performance
To evaluate Ultralife 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 Ultralife 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 Ultralife 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 Ultralife market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Ultralife'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.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 128.05 | 102.66 | |
| Return On Tangible Assets | 0.06 | 0.06 | |
| Return On Capital Employed | 0.06 | 0.06 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.06 | 0.06 |
Things to note about Ultralife performance evaluation
Checking the ongoing alerts about Ultralife for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Ultralife help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Ultralife had very high historical volatility over the last 90 days | |
| Ultralife is unlikely to experience financial distress in the next 2 years | |
| About 69.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from news.google.com: Ultralife Stock Price Crosses Above Two Hundred Day Moving Average of 8.27 - Defense World |
- Analyzing Ultralife's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Ultralife's stock is overvalued or undervalued compared to its peers.
- Examining Ultralife's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Ultralife's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Ultralife's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Ultralife's stock. These opinions can provide insight into Ultralife's potential for growth and whether the stock is currently undervalued or overvalued.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ultralife. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. For more detail on how to invest in Ultralife Stock please use our How to Invest in Ultralife guide.Note that the Ultralife information on this page should be used as a complementary analysis to other Ultralife's 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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Ultralife Stock analysis
When running Ultralife's price analysis, check to measure Ultralife'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 Ultralife is operating at the current time. Most of Ultralife's value examination focuses on studying past and present price action to predict the probability of Ultralife's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ultralife's price. Additionally, you may evaluate how the addition of Ultralife to your portfolios can decrease your overall portfolio volatility.
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Is Ultralife's 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 Ultralife. If investors know Ultralife 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 Ultralife 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 5.898 | Earnings Share 0.44 | Revenue Per Share 9.785 | Quarterly Revenue Growth 0.234 | Return On Assets 0.0342 |
The market value of Ultralife is measured differently than its book value, which is the value of Ultralife that is recorded on the company's balance sheet. Investors also form their own opinion of Ultralife's value that differs from its market value or its book value, called intrinsic value, which is Ultralife's 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 Ultralife's market value can be influenced by many factors that don't directly affect Ultralife's 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 Ultralife's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultralife is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultralife's 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.