Ulta Beauty Stock Technical Analysis
| ULTA Stock | USD 397.39 0.06 0.02% |
As of the 5th of May, Ulta Beauty has the Risk Adjusted Performance of (0.08), coefficient of variation of (710.41), and Variance of 5.34. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Ulta Beauty, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate and analyze data for thirteen technical drivers for Ulta Beauty, which can be compared to its competition. Please validate Ulta Beauty market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Ulta Beauty is priced more or less accurately, providing market reflects its prevalent price of 397.39 per share. Given that Ulta Beauty has information ratio of (0.18), we advise you to double-check Ulta Beauty's current market performance to make sure the company can sustain itself at a future point.
Ulta Beauty Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Ulta, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UltaUlta |
Ulta Beauty Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 528.62 | Buy | 30 | Odds |
Most Ulta analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ulta stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ulta Beauty, talking to its executives and customers, or listening to Ulta conference calls.
Ulta Beauty 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.
Ulta Beauty Technical Analysis
The output start index for this execution was five with a total number of output elements of fifty-six. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ulta Beauty volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Ulta Beauty Trend Analysis
Use this graph to draw trend lines for Ulta Beauty. You can use it to identify possible trend reversals for Ulta Beauty as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ulta Beauty price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Ulta Beauty Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ulta Beauty applied against its price change over selected period. The best fit line has a slop of 2.9 , which may suggest that Ulta Beauty market price will keep on failing further. It has 122 observation points and a regression sum of squares at 317869.49, which is the sum of squared deviations for the predicted Ulta Beauty price change compared to its average price change.About Ulta Beauty Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Ulta Beauty on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Ulta Beauty based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Ulta Beauty price pattern first instead of the macroeconomic environment surrounding Ulta Beauty. By analyzing Ulta Beauty's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Ulta Beauty's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Ulta Beauty specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2010 | 2024 (projected) | Dividend Yield | 0.31 | 0.0111 | Price To Sales Ratio | 2.05 | 2.62 |
Ulta Beauty May 5, 2024 Technical Indicators
Most technical analysis of Ulta help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Ulta from various momentum indicators to cycle indicators. When you analyze Ulta charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | (0.08) | |||
| Market Risk Adjusted Performance | (1.28) | |||
| Mean Deviation | 1.27 | |||
| Coefficient Of Variation | (710.41) | |||
| Standard Deviation | 2.31 | |||
| Variance | 5.34 | |||
| Information Ratio | (0.18) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (1.29) | |||
| Maximum Drawdown | 17.73 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 1.82 | |||
| Skewness | (4.42) | |||
| Kurtosis | 27.47 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Ulta Beauty. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. For information on how to trade Ulta Stock refer to our How to Trade Ulta Stock guide.You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Ulta Stock analysis
When running Ulta Beauty's price analysis, check to measure Ulta Beauty'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 Ulta Beauty is operating at the current time. Most of Ulta Beauty's value examination focuses on studying past and present price action to predict the probability of Ulta Beauty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ulta Beauty's price. Additionally, you may evaluate how the addition of Ulta Beauty to your portfolios can decrease your overall portfolio volatility.
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Is Ulta Beauty'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 Ulta Beauty. If investors know Ulta 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 Ulta Beauty 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 0.209 | Earnings Share 26.03 | Revenue Per Share 227.31 | Quarterly Revenue Growth 0.102 | Return On Assets 0.1894 |
The market value of Ulta Beauty is measured differently than its book value, which is the value of Ulta that is recorded on the company's balance sheet. Investors also form their own opinion of Ulta Beauty's value that differs from its market value or its book value, called intrinsic value, which is Ulta Beauty'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 Ulta Beauty's market value can be influenced by many factors that don't directly affect Ulta Beauty'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 Ulta Beauty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ulta Beauty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ulta Beauty'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.