U Haul Holding Stock Market Value
| UHAL Stock | USD 68.47 0.64 0.93% |
| Symbol | UHAL |
Is U Haul'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 U Haul. If investors know UHAL 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 U Haul 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 U Haul Holding is measured differently than its book value, which is the value of UHAL that is recorded on the company's balance sheet. Investors also form their own opinion of U Haul's value that differs from its market value or its book value, called intrinsic value, which is U Haul'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 U Haul's market value can be influenced by many factors that don't directly affect U Haul'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 U Haul's value and its price as these two are different measures arrived at by different means. Investors typically determine if U Haul is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, U Haul'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.
U Haul '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 U Haul's 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 U Haul.
| 04/14/2024 |
| 05/14/2024 |
If you would invest 0.00 in U Haul on April 14, 2024 and sell it all today you would earn a total of 0.00 from holding U Haul Holding or generate 0.0% return on investment in U Haul over 30 days. U Haul is related to or competes with Air Lease, Aarons, HE Equipment, GATX, Custom Truck, Alta Equipment, and Ryder System. AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States ... More
U Haul 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 U Haul's 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 U Haul Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.0154 | |||
| Maximum Drawdown | 9.33 | |||
| Value At Risk | (2.02) | |||
| Potential Upside | 1.85 |
U Haul Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for U Haul's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as U Haul's standard deviation. In reality, there are many statistical measures that can use U Haul historical prices to predict the future U Haul's volatility.| Risk Adjusted Performance | 0.05 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0162 | |||
| Treynor Ratio | 0.0654 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of U Haul's 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.
U Haul Holding Backtested Returns
We consider U Haul very steady. U Haul Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0713, which indicates the company had a 0.0713% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for U Haul Holding, which you can use to evaluate the volatility of the entity. Please validate U Haul's Downside Deviation of 1.41, risk adjusted performance of 0.05, and Market Risk Adjusted Performance of 0.0754 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. U Haul has a performance score of 5 on a scale of 0 to 100. The firm has a beta of 1.46, 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, U Haul will likely underperform. U Haul Holding today has a risk of 1.48%. Please validate U Haul sortino ratio, skewness, price action indicator, as well as the relationship between the potential upside and rate of daily change , to decide if U Haul will be following its existing price patterns.
Auto-correlation | 0.92 |
Excellent predictability
U Haul Holding has excellent predictability. Overlapping area represents the amount of predictability between U Haul time series from 14th of April 2024 to 29th of April 2024 and 29th of April 2024 to 14th of May 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 U Haul Holding price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current U Haul price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.92 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 3.81 |
U Haul Holding lagged returns against current returns
Autocorrelation, which is U Haul 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 U Haul's stock expected returns. We can calculate the autocorrelation of U Haul returns to help us make a trade decision. For example, suppose you find that U Haul 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
U Haul 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 U Haul stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if U Haul stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in U Haul stock over time.
Current vs Lagged Prices |
| Timeline |
U Haul Lagged Returns
When evaluating U Haul's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of U Haul stock have on its future price. U Haul 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, U Haul autocorrelation shows the relationship between U Haul stock current value and its past values and can show if there is a momentum factor associated with investing in U Haul Holding.
Regressed Prices |
| Timeline |
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 U Haul 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, U Haul's short interest history, or implied volatility extrapolated from U Haul 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 U Haul Holding is a strong investment it is important to analyze U Haul's 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 U Haul's future performance. For an informed investment choice regarding UHAL Stock, refer to the following important reports:Check out U Haul Correlation, U Haul Volatility and U Haul Alpha and Beta module to complement your research on U Haul. Note that the U Haul Holding information on this page should be used as a complementary analysis to other U Haul'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for UHAL Stock analysis
When running U Haul's price analysis, check to measure U Haul'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 U Haul is operating at the current time. Most of U Haul's value examination focuses on studying past and present price action to predict the probability of U Haul's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move U Haul's price. Additionally, you may evaluate how the addition of U Haul to your portfolios can decrease your overall portfolio volatility.
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |
U Haul 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.