United Rentals (Germany) Probability of Future Stock Price Finishing Over 702.24
| UR3 Stock | EUR 635.80 6.40 1.00% |
United |
United Rentals Target Price Odds to finish over 702.24
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 Price | Horizon | Target Price | Odds to move over € 702.24 or more in 90 days |
| 635.80 | 90 days | 702.24 | near 1 |
Based on a normal probability distribution, the odds of United Rentals to move over € 702.24 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 its current price of € 635.80 and € 702.24 at the end of the 90-day period is about 37.53 .
Assuming the 90 days horizon United Rentals has a beta of -0.0399. This usually implies as returns on the benchmark increase, returns on holding United Rentals are expected to decrease at a much lower rate. During a bear market, however, United Rentals is likely to outperform the market. Additionally United Rentals has an alpha of 0.077, implying that it can generate a 0.077 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.
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 | 0.08 | |
β | Beta against NYSE Composite | -0.04 | |
σ | Overall volatility | 21.77 | |
Ir | Information ratio | 0 |
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 high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 11.21 B in total debt with debt to equity ratio (D/E) of 355.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. United Rentals has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist United Rentals until it has trouble settling it off, either with new capital or with free cash flow. So, United Rentals' 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 United Rentals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for United to invest in growth at high rates of return. When we think about United Rentals' use of debt, we should always consider it together with cash and equity. | |
| Over 97.0% of United Rentals outstanding shares are owned by institutional investors |
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 Outstanding | 69.4 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 high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| The company has accumulated 11.21 B in total debt with debt to equity ratio (D/E) of 355.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. United Rentals has a current ratio of 0.72, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist United Rentals until it has trouble settling it off, either with new capital or with free cash flow. So, United Rentals' 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 United Rentals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for United to invest in growth at high rates of return. When we think about United Rentals' use of debt, we should always consider it together with cash and equity. | |
| Over 97.0% of United Rentals outstanding shares are owned by institutional investors |
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.You can also try the Stocks Directory module to find actively traded stocks across global markets.
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.
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