United Rentals Stock Alpha and Beta Analysis
| URI Stock | USD 666.66 2.09 0.31% |
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. Key technical indicators related to United Rentals' market risk premium analysis include:
Beta 2.15 | Alpha (0.04) | Risk 2 | Sharpe Ratio 0.0369 | Expected Return 0.0738 |
United Rentals Quarterly Cash And Equivalents |
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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.
United |
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.| α | -0.04 | β | 2.15 |
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 Mon, Feb 5, 2024 and Sun, May 5, 2024 is 674.81 with a coefficient of variation of 3.82. The daily time series for the period is distributed with a sample standard deviation of 25.73, arithmetic mean of 673.86, and mean deviation of 21.52. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
| United Rentals dividend paid on 28th of February 2024 | 02/28/2024 |
1 | Disposition of 2184 shares by Craig Pintoff of United Rentals at 659.254 subject to Rule 16b-3 | 03/11/2024 |
2 | Heres Why United Rentals Fell More Than Broader Market | 04/04/2024 |
3 | Disposition of 273 shares by Craig Pintoff of United Rentals at 700.59 subject to Rule 16b-3 | 04/05/2024 |
4 | United Rentals, Inc. First Quarter 2024 Conference Call and Audio Webcast Thursday, April 25, 2024 at 830 a.m. | 04/11/2024 |
5 | Estimating The Fair Value Of United Rentals, Inc. | 04/23/2024 |
6 | Decoding United Rentals Inc A Strategic SWOT Insight | 04/25/2024 |
7 | United Rentals Inc Earnings Call Transcript Highlights Record Earnings and ... | 04/26/2024 |
8 | United Rentals is a Top-Ranked Growth Stock Should You Buy | 04/29/2024 |
9 | United Rentals CEO sells over 5.8 million in company stock | 04/30/2024 |
10 | Negative outlook for the rental space in machinery and diversified industrials - Baird | 05/01/2024 |
11 | Disposition of 559 shares by Michael Durand of United Rentals at 674.5638 subject to Rule 16b-3 | 05/03/2024 |
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.
| 2023 | 2024 (projected) | Dividend Yield | 0.0119 | 0.0113 | Price To Sales Ratio | 2.74 | 2.88 |
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.
| 24th of April 2024 Upcoming Quarterly Report | View | |
| 24th of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 22nd of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
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
Check out United Rentals Backtesting, United Rentals Valuation, United Rentals Correlation, United Rentals Hype Analysis, United Rentals Volatility, United Rentals History and analyze United Rentals Performance. For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Complementary Tools for United Stock 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 the 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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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.