Uber Technologies (Germany) Price on December 28, 2024

UT8 Stock  EUR 58.32  1.24  2.08%   
If you're considering investing in Uber Stock, it is important to understand the factors that can impact its price. As of today, the current price of Uber Technologies stands at 58.32, as last reported on the 29th of December, with the highest price reaching 59.28 and the lowest price hitting 57.80 during the day. Uber Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0613, which indicates the firm had a -0.0613% return per unit of risk over the last 3 months. Uber Technologies exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Uber Technologies' Variance of 8.87, coefficient of variation of (1,416), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide.
  
Uber Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0613

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Estimated Market Risk

 3.02
  actual daily
26
74% of assets are more volatile

Expected Return

 -0.19
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.06
  actual daily
0
Most of other assets perform better
Based on monthly moving average Uber Technologies is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Uber Technologies by adding Uber Technologies to a well-diversified portfolio.

Uber Technologies Valuation on December 28, 2024

It is possible to determine the worth of Uber Technologies on a given historical date. On December 28, 2024 Uber was worth 59.28 at the beginning of the trading date compared to the closed value of 58.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Uber Technologies stock. Still, in general, we apply an absolute valuation method to find Uber Technologies' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Uber Technologies where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Uber Technologies' related companies.
 Open High Low Close Volume
  59.28    59.28    57.80    58.32    920.00  
12/29/2024
  59.28    59.28    57.80    58.32    0.00  
Backtest Uber Technologies  |  Uber Technologies History  |  Uber Technologies Valuation   Previous
Open Value
59.28
58.32
Closing Value
68.34
Upside

Uber Technologies Trading Date Momentum on December 28, 2024

On December 29 2024 Uber Technologies was traded for  58.32  at the closing time. The highest daily price throughout the period was 59.28  and the lowest price was  57.80 . There was no trading activity during the period 0.0. Lack of trading volume on 12/29/2024 did not result in any price rise and fall. The trading price change to current closing price is 1.65% .

Uber Technologies Fundamentals Correlations and Trends

By evaluating Uber Technologies' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Uber Technologies' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Uber financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Uber Technologies Stock history

Uber Technologies investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Uber is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Uber Technologies will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Uber Technologies stock prices may prove useful in developing a viable investing in Uber Technologies
Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and the Asia Pacific. Uber Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California. UBER TECH operates under SoftwareApplication classification in Germany and is traded on Frankfurt Stock Exchange. It employs 23700 people.

Uber Technologies Stock Technical Analysis

Uber Technologies 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 Uber Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Uber Technologies 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...

Price Boundaries

Uber Technologies Period Price Range

Low
December 29, 2024
0.00  NaN%
High

 0.00 

     

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Uber Technologies cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Uber Technologies December 29, 2024 Market Strength

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

Uber Technologies Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Uber Technologies' price direction in advance. Along with the technical and fundamental analysis of Uber Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Uber to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

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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