Uber Technologies Stock Alpha and Beta Analysis

UBER
 Stock
  

USD 27.76  0.74  2.60%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Uber Technologies. It also helps investors analyze the systematic and unsystematic risks associated with investing in Uber Technologies over a specified time horizon. Remember, high Uber Technologies' alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation.
Also, please take a look at Uber Technologies Backtesting, Uber Technologies Valuation, Uber Technologies Correlation, Uber Technologies Hype Analysis, Uber Technologies Volatility, Uber Technologies History and analyze Uber Technologies Performance.
  
Please note that although Uber Technologies alpha is a measure of relative return and represented here as a single number, it indicates the percentage above or below your selected benchmark (i.e., DOW index.) So in this particular case, Uber Technologies did 0.06  worse than the index. Remember, a high alpha is always good. Beta, on the other hand, measures the volatility (or risk) of an investment. It is an indication of Uber Technologies stock's relative risk over its benchmark. Uber Technologies has a beta of 1.14  . Let's try to break down what Uber Technologies's beta means in this case. Uber Technologies returns are very sensitive to returns on the market. As the market goes up or down, Uber Technologies is expected to follow.
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Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.

Uber Technologies Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Uber Technologies market risk premium is the additional return an investor will receive from holding Uber Technologies long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Uber Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Uber Technologies' performance over market.
α-0.06   β1.14
90 days against DJI

Uber Technologies expected buy-and-hold returns

Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Uber Technologies' Buy-and-hold return. Our buy-and-hold chart shows how Uber Technologies performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

Uber Technologies Market Price Analysis

Market price analysis indicators help investors to evaluate how Uber Technologies stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Uber Technologies shares will generate the highest return on investment. By understating and applying Uber Technologies stock market price indicators, traders can identify Uber Technologies position entry and exit signals to maximize returns.

Uber Technologies Return and Market Media

The median price of Uber Technologies for the period between Wed, Aug 31, 2022 and Tue, Nov 29, 2022 is 28.58 with a coefficient of variation of 6.44. The daily time series for the period is distributed with a sample standard deviation of 1.85, arithmetic mean of 28.64, and mean deviation of 1.36. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Payment of 1765 shares by Nelson Chai of Uber Technologies s...09/02/2022
2
Uber Technologies, Inc. is up 10, but insiders still continu...09/15/2022
3
Sale by Tony West of 4167 shares of Uber Technologies09/16/2022
4
Why Uber And Lyft Shares Are Diving - Lyft , Uber Technologi...09/22/2022
5
Lyft Is Freezing U.S. Hiring. What It Means for the Stock. -...09/28/2022
6
EPS Estimate09/30/2022
7
Payment of 879 shares by Nikki Krishnamurthy of Uber Technol...10/04/2022
8
Why Uber Technologies Stock Was Falling This Morning - The M...10/11/2022
9
Acquisition by Revathi Advaithi of 592 shares of Uber Techno...10/12/2022
10
Exercise or conversion by Tony West of 3073 shares of Uber T...10/18/2022
11
October Was Stunning. Why the Dow May Keep Outperforming. - ...10/31/2022
12
EPS Reported11/01/2022
13
Exercise or conversion by Tony West of 1213 shares of Uber T...11/16/2022
14
Exercise or conversion by Tony West of 3073 shares of Uber T...11/18/2022
15
This Key Advantage Makes Uber the Gig-Economy Stock to Own -...11/25/2022

About Uber Technologies Beta and Alpha

For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Uber Technologies or other stocks. Alpha measures the amount that position in Uber Technologies has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
 2021 2022 (projected)
Calculated Tax Rate19.4119.3
Long Term Debt to Equity0.640.74

Uber Technologies Upcoming Company Events

As portrayed in its financial statements, the presentation of Uber Technologies' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Uber Technologies' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Uber Technologies' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Uber Technologies. Please utilize our Beneish M Score to check the likelihood of Uber Technologies' management manipulating its earnings.
Upcoming Quarterly Report9th of February 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End9th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with Uber Technologies

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Also, please take a look at Uber Technologies Backtesting, Uber Technologies Valuation, Uber Technologies Correlation, Uber Technologies Hype Analysis, Uber Technologies Volatility, Uber Technologies History and analyze Uber Technologies Performance. Note that the Uber Technologies information on this page should be used as a complementary analysis to other Uber Technologies' 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Uber Technologies price analysis, check to measure Uber Technologies' 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 Uber Technologies is operating at the current time. Most of Uber Technologies' value examination focuses on studying past and present price action to predict the probability of Uber Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Uber Technologies' price. Additionally, you may evaluate how the addition of Uber Technologies to your portfolios can decrease your overall portfolio volatility.
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Uber Technologies 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.
A focus of Uber Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Uber Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...