United Rentals Stock Alpha and Beta Analysis
| URI Stock | USD 866.00 9.02 1.05% |
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 | Alpha 0.0214 | Risk 1.89 | Sharpe Ratio 0.18 | Expected Return 0.35 |
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 | 0.02 | β | 2.00 |
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, Sep 2, 2024 and Sun, Dec 1, 2024 is 810.92 with a coefficient of variation of 6.52. The daily time series for the period is distributed with a sample standard deviation of 52.23, arithmetic mean of 801.18, and mean deviation of 40.12. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Disposition of 273 shares by Craig Pintoff of United Rentals at 700.59 subject to Rule 16b-3 | 09/06/2024 |
2 | United Rentals Reports Q3 Earnings What Key Metrics Have to Say | 10/23/2024 |
3 | Disposition of 900 shares by Anthony Leopold of United Rentals at 823.242 subject to Rule 16b-3 | 10/28/2024 |
4 | 274 Shares in United Rentals, Inc. Bought by Smith Group Asset Management LLC | 10/30/2024 |
5 | Disposition of tradable shares by Andrew Limoges of United Rentals subject to Rule 16b-3 | 11/12/2024 |
6 | Two Reasons to Watch Netflix and One to Stay Cautious | 11/13/2024 |
7 | Caprock Group LLC Purchases 183 Shares of United Rentals, Inc. | 11/20/2024 |
8 | Three Reasons Why UHAL is Risky and One Stock to Buy Instead | 11/21/2024 |
9 | Samsara Post Q2 Earnings Buy, Sell, or Hold | 11/25/2024 |
10 | Patton Albertson Miller Group LLC Reduces Stock Holdings in United Rentals, Inc. | 11/26/2024 |
| United Rentals dividend paid on 27th of November 2024 | 11/27/2024 |
12 | Brown Brothers Harriman Co. Reduces Position in United Rentals, Inc. | 11/29/2024 |
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 | 0.009307 | 0.008841 | 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
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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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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.