United Stock Performance

URI
 Stock
  

USD 293.88  0.38  0.13%   

On a scale of 0 to 100, United Rentals holds a performance score of 8. The entity has a beta of 1.6273, which indicates a somewhat significant risk relative to the market. Let's try to break down what United'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, United Rentals will likely underperform. Although it is vital to follow United Rentals current price movements, it is good to be conservative about what you can do with the information regarding equity 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 United Rentals technical indicators, you can presently evaluate if the expected return of 0.28% will be sustainable into the future. Please operates United Rentals semi variance, and the relationship between the treynor ratio and daily balance of power to make a quick decision on whether United Rentals existing price patterns will revert.
  
United Performance
8 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in United Rentals are ranked lower than 8 (%) of all global equities and portfolios over the last 90 days. Despite nearly conflicting basic indicators, United Rentals reported solid returns over the last few months and may actually be approaching a breakup point. ...more

United Price Channel

Quick Ratio0.90
Fifty Two Week Low230.54
Target High Price490.00
Fifty Two Week High414.99
Target Low Price265.00

United Rentals Relative Risk vs. Return Landscape

If you would invest  25,109  in United Rentals on July 7, 2022 and sell it today you would earn a total of  4,279  from holding United Rentals or generate 17.04% return on investment over 90 days. United Rentals is generating 0.2762% of daily returns assuming volatility of 2.4758% on return distribution over 90 days investment horizon. In other words, 21% of stocks are less volatile than United, and above 95% of all equities are expected to generate higher returns over the next 90 days.
  Daily Expected Return (%)  
       Risk (%)  
Considering the 90-day investment horizon United Rentals is expected to generate 2.0 times more return on investment than the market. However, the company is 2.0 times more volatile than its market benchmark. It trades about 0.11 of its potential returns per unit of risk. The DOW is currently generating roughly -0.04 per unit of risk.

United Rentals Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for United Rentals' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as United Rentals, and traders can use it to determine the average amount a United Rentals' 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 = 0.1115

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Estimated Market Risk
 2.48
  actual daily
 
 21 %
of total potential
 
2121
Expected Return
 0.28
  actual daily
 
 5 %
of total potential
 
55
Risk-Adjusted Return
 0.11
  actual daily
 
 8 %
of total potential
 
88
Based on monthly moving average United Rentals is performing at about 8% 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 United Rentals by adding it to a well-diversified portfolio.

About United Rentals Performance

To evaluate United Rentals 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 United Rentals 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 United 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 United Rentals market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents United'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.
United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut. United Rentals operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 20400 people.

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. 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.

United Rentals Alerts

Equity Alerts and Improvement Suggestions

Over 95.0% of the company outstanding shares are owned by institutional investors
Latest headline from MacroaxisInsider: Acquisition by Marc Bruno of 112 shares of United Rentals subject to Rule 16b-3
Also, please take a look at World Market Map. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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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.
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.