Uber Technologies Stock Performance

UBER
 Stock
  

USD 31.85  0.16  0.50%   

Uber Technologies has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 1.5313, which indicates a somewhat significant risk relative to the market. Let's try to break down what Uber Technologies's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Uber Technologies will likely underperform. Although it is important to respect Uber Technologies current price movements, it is better to be realistic regarding the information on the equity's historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Uber Technologies technical indicators, you can presently evaluate if the expected return of 0.075% will be sustainable into the future. Uber Technologies right now has a risk of 3.46%. Please validate Uber Technologies downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if Uber Technologies will be following its existing price patterns.
  
Uber Technologies Performance
1 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in Uber Technologies are ranked lower than 1 (%) of all global equities and portfolios over the last 90 days. Even with relatively invariable technical and fundamental indicators, Uber Technologies is not utilizing all of its potentials. The current stock price agitation, may contribute to short-term losses for the retail investors. ...more

Uber Technologies Price Channel

Quick Ratio0.84
Fifty Two Week Low19.90
Target High Price75.00
Fifty Two Week High48.88
Target Low Price27.00

Uber Technologies Relative Risk vs. Return Landscape

If you would invest  2,942  in Uber Technologies on May 11, 2022 and sell it today you would earn a total of  243.00  from holding Uber Technologies or generate 8.26% return on investment over 90 days. Uber Technologies is currently generating 0.075% in daily expected returns and assumes 3.4583% risk (volatility on return distribution) over the 90 days horizon. In different words, 29% of stocks are less volatile than Uber Technologies, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon.
  Daily Expected Return (%)  
       Risk (%)  
Given the investment horizon of 90 days Uber Technologies is expected to generate 3.47 times more return on investment than the market. However, the company is 3.47 times more volatile than its market benchmark. It trades about 0.02 of its potential returns per unit of risk. The DOW is currently generating roughly 0.04 per unit of risk.

Uber Technologies Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Uber Technologies' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Uber Technologies, and traders can use it to determine the average amount a Uber Technologies' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0217

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Estimated Market Risk
 3.46
  actual daily
 
 30 %
of total potential
 
3030
Expected Return
 0.08
  actual daily
 
 1 %
of total potential
 
11
Risk-Adjusted Return
 0.02
  actual daily
 
 1 %
of total potential
 
11
Based on monthly moving average Uber Technologies is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Uber Technologies by adding it to a well-diversified portfolio.

About Uber Technologies Performance

To evaluate Uber Technologies Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Uber Technologies generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Uber Technologies Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Uber Technologies stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents Uber Technologies's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Return on Investment(17.39) (18.77) 
Return on Average Assets(1.38) (1.49) 
Return on Average Equity(3.71) (4.01) 
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California. Uber Technologies operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 30900 people.

Things to note about Uber Technologies

Checking the ongoing alerts about Uber Technologies for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Uber Technologies help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

Uber Technologies Alerts

Equity Alerts and Improvement Suggestions

Uber Technologies has very high historical volatility over the last 90 days
Uber Technologies has high likelihood to experience some financial distress in the next 2 years
The company reported the previous year's revenue of 21.41 B. Net Loss for the year was (6.32 B) with profit before overhead, payroll, taxes, and interest of 6.23 B.
Uber Technologies has a frail financial position based on the latest SEC disclosures
About 74.0% of the company outstanding shares are owned by institutional investors
Latest headline from www.investing.com: U.S. Stocks Bounce Ahead of This Weeks Inflation Number By Investing.com - Investing.com
Also, please take a look at World Market Map. 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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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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Is Uber Technologies' 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 Uber Technologies. If investors know Uber Technologies 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 Uber Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
63.4 B
Quarterly Revenue Growth YOY
1.06
Return On Assets
-0.0431
Return On Equity
-0.87
The market value of Uber Technologies is measured differently than its book value, which is the value of Uber Technologies that is recorded on the company's balance sheet. Investors also form their own opinion of Uber Technologies' value that differs from its market value or its book value, called intrinsic value, which is Uber Technologies' 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 Uber Technologies' market value can be influenced by many factors that don't directly affect Uber Technologies' 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 Uber Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Uber Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Uber Technologies' 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.