United Stock Probability of Future Stock Price Finishing Over 356.57

URI
 Stock
  

USD 356.57  0.15  0.0421%   

United Rentals' future price is the expected price of United Rentals instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of United Rentals performance during a given time horizon utilizing its historical volatility. The current Price to Book Value is estimated to increase to 5.24. The current Price to Earnings Ratio is estimated to increase to 15.79.
  
United Rentals' implied volatility is one of the determining factors in the pricing options written on United Rentals. Implied volatility approximates the future value of United Rentals based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in United Rentals over a specific time period. For example, 2022-12-09 CALL at $357.5 is a CALL option contract on United Rentals' common stock with a strick price of 357.5 expiring on 2022-12-09. The contract was last traded on 2022-12-02 at 15:47:32 for $5.62 and, as of today, has 4 days remaining before the expiration. The option is currently trading at a bid price of $5.2, and an ask price of $5.7. The implied volatility as of the 5th of December is 32.681. View All United options

Closest to current price United long CALL Option Payoff at Expiration

Also, please take a look at 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. Please specify United Rentals time horizon, a valid symbol (red box) and a target price (blue box) you would like United Rentals odds to be computed.

United Rentals Target Price Odds to finish over 356.57

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 PriceHorizonTarget PriceOdds to move above the current price in 90 days
 356.57 90 days 356.57 
about 19.16
Based on a normal probability distribution, the odds of United Rentals to move above the current price in 90 days from now is about 19.16 (This United Rentals probability density function shows the probability of United Stock to fall within a particular range of prices over 90 days) .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.5 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, United Rentals will likely underperform. Additionally The company has an alpha of 0.0935, implying that it can generate a 0.0935 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 or bond 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, frequently view 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. Please use the tools below to analyze the current value of United Rentals in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
355.32357.91360.50
Details
Intrinsic
Valuation
LowReal ValueHigh
320.91383.07385.66
Details
14 Analysts
Consensus
LowTarget PriceHigh
265.00386.09500.00
Details
Earnings
Estimates (7)
LowProjected EPSHigh
21.5021.8622.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as United Rentals. Your research has to be compared to or analyzed against United Rentals' peers to derive any actionable benefits. When done correctly, United Rentals' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in United Rentals.

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
0.09
β
Beta against NYSE Composite1.50
σ
Overall volatility
15.62
Ir
Information ratio 0.12

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.
Over 93.0% of the company outstanding shares are owned by institutional investors
Latest headline from news.google.com: Independent Director Jose Alvarez Just Bought 2.2 percent More Shares In United Rentals, Inc. - Simply Wall St

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 Outstanding72900000.00
Cash And Short Term Investments144000000.00

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 techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae 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. These 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.
Over 93.0% of the company outstanding shares are owned by institutional investors
Latest headline from news.google.com: Independent Director Jose Alvarez Just Bought 2.2 percent More Shares In United Rentals, Inc. - Simply Wall St
Also, please take a look at 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. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

Complementary Tools for 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 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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Is United Rentals' 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 United Rentals. If investors know United 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 United Rentals 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 YOY
0.54
Market Capitalization
24.7 B
Quarterly Revenue Growth YOY
0.18
Return On Assets
0.0893
Return On Equity
0.33
The market value of United Rentals is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' 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 United Rentals' market value can be influenced by many factors that don't directly affect United Rentals' 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 United Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine United Rentals value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' 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.