United Rentals Stock Forecast - Daily Balance Of Power
URI Stock | USD 716.54 0.00 0.00% |
United Stock Forecast is based on your current time horizon. We recommend always using this module together with an analysis of United Rentals' historical fundamentals, such as revenue growth or operating cash flow patterns.
United |
Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
(0.63) | (0.07) |
Check United Rentals Volatility | Backtest United Rentals | Trend Details |
United Rentals Trading Date Momentum
On December 18 2024 United Rentals was traded for 724.15 at the closing time. Highest United Rentals's price during the trading hours was 763.07 and the lowest price during the day was 722.98 . The net volume was 584.8 K. The overall trading history on the 18th of December 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 4.51% . The trading price change to current price is 4.73% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for United Rentals
For every potential investor in United, whether a beginner or expert, United Rentals' price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. United Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in United. Basic forecasting techniques help filter out the noise by identifying United Rentals' price trends.United Rentals Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with United Rentals stock to make a market-neutral strategy. Peer analysis of United Rentals could also be used in its relative valuation, which is a method of valuing United Rentals by comparing valuation metrics with similar companies.
Risk & Return | Correlation |
United Rentals Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of United Rentals' price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of United Rentals' current price.Cycle Indicators | ||
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Volume Indicators |
United Rentals Market Strength Events
Market strength 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 undertsting and applying United Rentals stock market strength indicators, traders can identify United Rentals entry and exit signals to maximize returns.
Accumulation Distribution | 0.023 | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 717.95 | |||
Day Typical Price | 717.48 | |||
Market Facilitation Index | 16.74 | |||
Price Action Indicator | (1.41) |
United Rentals Risk Indicators
The analysis of United Rentals' basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in United Rentals' investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting united stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Mean Deviation | 1.32 | |||
Standard Deviation | 1.98 | |||
Variance | 3.9 |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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When determining whether United Rentals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Rentals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Rentals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Rentals Stock:Check out Historical Fundamental Analysis of United Rentals to cross-verify your projections. 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 Transaction History module to view history of all your transactions and understand their impact on performance.
Is Trading Companies & Distributors space 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.
Quarterly Earnings Growth 0.04 | Dividend Share 6.37 | Earnings Share 38.26 | Revenue Per Share 224.056 | Quarterly Revenue Growth 0.06 |
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 if United Rentals is a good investment 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.