Uber Technologies (Germany) Today
| UT8 Stock | 64.88 0.70 1.09% |
Performance1 of 100
| Odds Of DistressLess than 36
|
Uber Technologies is selling for under 64.88 as of the 5th of May 2024; that is 1.09 percent up since the beginning of the trading day. The stock's last reported lowest price was 63.91. Uber Technologies has about a 36 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Uber Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of January 2023 and ending today, the 5th of May 2024. Click here to learn more.
Uber Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Uber Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Uber Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Idea | IT (View all Themes) |
| Business Concentration | IT, Computing (View all Sectors) |
Uber Technologies (UT8) is traded on XETRA Stock Exchange in Germany . The company currently falls under 'Large-Cap' category with a current market capitalization of 62.15 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Uber Technologies's market, we take the total number of its shares issued and multiply it by Uber Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Uber Technologies has 0 outstanding shares.
Uber Technologies generates positive cash flow from operations, but has no cash available
Check Uber Technologies Probability Of Bankruptcy
Uber Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Uber Technologies jumping above the current price in 90 days from now is about 87.28%. The Uber Technologies probability density function shows the probability of Uber Technologies stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Uber Technologies has a beta of -0.3667. This usually implies as returns on the benchmark increase, returns on holding Uber Technologies are expected to decrease at a much lower rate. During a bear market, however, Uber Technologies is likely to outperform the market. Additionally, uber Technologies has an alpha of 0.1143, implying that it can generate a 0.11 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Uber Technologies to move above the current price in 90 days from now is about 87.28 (This Uber Technologies probability density function shows the probability of Uber Stock to fall within a particular range of prices over 90 days) .
Uber Technologies Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Uber Technologies market risk premium is the additional return an investor will receive from holding Uber Technologies 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 Uber Technologies. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Uber Technologies' alpha and beta are two of the key measurements used to evaluate Uber Technologies' performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.66 | |||
| Semi Deviation | 1.99 | |||
| Standard Deviation | 2.33 | |||
| Variance | 5.45 |
Uber Stock Against Markets
Picking the right benchmark for Uber Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Uber Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Uber Technologies is critical whether you are bullish or bearish towards Uber Technologies at a given time. Please also check how Uber Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Uber Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Uber Stock?
Before investing in Uber Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Uber Technologies. To buy Uber Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Uber Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Uber Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Uber Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Uber Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Uber Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Uber Stock please use our How to Invest in Uber Technologies guide.
Already Invested in Uber Technologies?
The danger of trading Uber Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Uber Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Uber Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Uber Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Uber Technologies is a strong investment it is important to analyze Uber Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Uber Technologies' future performance. For an informed investment choice regarding Uber Stock, refer to the following important reports: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Uber Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. For more information on how to buy Uber Stock please use our How to Invest in Uber Technologies guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Uber Stock analysis
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 the 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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