United Stock Alpha and Beta Analysis

URI
 Stock
  

USD 358.24  1.82  0.51%   

This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as United Rentals. It also helps investors analyze the systematic and unsystematic risks associated with investing in United Rentals over a specified time horizon. Remember, high United Rentals' 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 United Rentals Backtesting, United Rentals Valuation, United Rentals Correlation, United Rentals Hype Analysis, United Rentals Volatility, United Rentals History and analyze United Rentals Performance.
  
Please note that although United Rentals 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., NYSE Composite index.) So in this particular case, United Rentals did 0.15  better 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 United Rentals stock's relative risk over its benchmark. United Rentals has a beta of 1.51  . 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.
United Rentals Price to Book Value is most likely to drop slightly in the upcoming years. The preceding year's Price to Book Value was reported at 4.86. The current Enterprise Value is estimated to increase to about 16.1 B, while Book Value per Share is projected to decrease to 19.61.
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.

Enterprise Value

16.12 Billion

United Rentals Market Premiums

Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. United Rentals market risk premium is the additional return an investor will receive from holding United Rentals 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 United Rentals. 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 United Rentals' performance over market.
α0.15   β1.51
90 days against NYA

United Rentals 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 United Rentals' Buy-and-hold return. Our buy-and-hold chart shows how United Rentals performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.

United Rentals Market Price Analysis

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

United Rentals Return and Market Media

The median price of United Rentals for the period between Sat, Sep 3, 2022 and Fri, Dec 2, 2022 is 294.94 with a coefficient of variation of 9.44. The daily time series for the period is distributed with a sample standard deviation of 28.86, arithmetic mean of 305.72, and mean deviation of 24.56. The Stock received substential amount of media coverage during this period.
 Price Growth (%)  
       Timeline  
1
Acquisition by Terri Kelly of 438 shares of United Rentals s...09/22/2022
2
This Is What Whales Are Betting On United Rentals - United R...09/27/2022
3
EPS Estimate09/30/2022
4
Acquisition by Marc Bruno of 112 shares of United Rentals su...10/03/2022
5
Acquisition by Lopezbalboa Francisco J of 331 shares of Unit...10/11/2022
6
EPS Reported10/26/2022
7
4 Stocks to Buy on a Rise in September Construction Spending...11/02/2022
8
United Rentals to Acquire Privately Held Ahern Rentals - Nas...11/15/2022

About United Rentals 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 United or other stocks. Alpha measures the amount that position in United Rentals 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.
 2019 2020 2021 2022 (projected)
Long Term Debt to Equity2.721.981.471.5
Interest Coverage3.322.695.375.79

United Rentals Upcoming Company Events

As portrayed in its financial statements, the presentation of United Rentals' financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, United Rentals' leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of United Rentals' public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of United Rentals. Please utilize our Beneish M Score to check the likelihood of United Rentals' management manipulating its earnings.
Upcoming Quarterly Report26th of January 2022
Next Financial Report27th of April 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End26th of January 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Build Portfolio with United Rentals

Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.

Build Diversified Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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 and analyze United Rentals Performance. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Transaction History
View history of all your transactions and understand their impact on performance
Go
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
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.
A focus of United Rentals technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of United Rentals 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...