United Rentals (Germany) Technical Analysis
| UR3 Stock | EUR 618.00 17.80 2.80% |
As of the 24th of May, United Rentals has the Risk Adjusted Performance of 0.0274, coefficient of variation of 2944.5, and Semi Deviation of 2.14. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of United Rentals, 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 nineteen technical drivers for United Rentals, which can be compared to its competition. Please validate United Rentals standard deviation, information ratio, treynor ratio, as well as the relationship between the variance and jensen alpha to decide if United Rentals is priced more or less accurately, providing market reflects its prevalent price of 618.0 per share.
United Rentals Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as United, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to UnitedUnited |
United Rentals 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.
United Rentals Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. 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 United Rentals volatility. High ATR values indicate high volatility, and low values indicate low volatility.
United Rentals Trend Analysis
Use this graph to draw trend lines for United Rentals. You can use it to identify possible trend reversals for United Rentals 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 United Rentals price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.United Rentals Best Fit Change Line
The following chart estimates an ordinary least squares regression model for United Rentals applied against its price change over selected period. The best fit line has a slop of 0.02 , which means United Rentals will continue generating value for investors. It has 122 observation points and a regression sum of squares at 22.5, which is the sum of squared deviations for the predicted United Rentals price change compared to its average price change.About United Rentals 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 United Rentals 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 United Rentals based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on United Rentals price pattern first instead of the macroeconomic environment surrounding United Rentals. By analyzing United Rentals'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 United Rentals'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 United Rentals specific price patterns or momentum indicators. Please read more on our technical analysis page.
United Rentals May 24, 2024 Technical Indicators
Most technical analysis of United 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 United from various momentum indicators to cycle indicators. When you analyze United 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 | 0.0274 | |||
| Market Risk Adjusted Performance | 0.4889 | |||
| Mean Deviation | 1.54 | |||
| Semi Deviation | 2.14 | |||
| Downside Deviation | 2.22 | |||
| Coefficient Of Variation | 2944.5 | |||
| Standard Deviation | 2.14 | |||
| Variance | 4.57 | |||
| Information Ratio | 0.0073 | |||
| Jensen Alpha | 0.0564 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | 0.007 | |||
| Treynor Ratio | 0.4789 | |||
| Maximum Drawdown | 13.43 | |||
| Value At Risk | (4.12) | |||
| Potential Upside | 3.66 | |||
| Downside Variance | 4.94 | |||
| Semi Variance | 4.58 | |||
| Expected Short fall | (1.76) | |||
| Skewness | (0.89) | |||
| Kurtosis | 3.28 |
United Rentals May 24, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as United stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.33 | ||
| Daily Balance Of Power | (1.02) | ||
| Rate Of Daily Change | 0.97 | ||
| Day Median Price | 626.70 | ||
| Day Typical Price | 623.80 | ||
| Price Action Indicator | (17.60) | ||
| Market Facilitation Index | 1.45 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. 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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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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