Urban Outfitters Stock Market Value
| URBN Stock | USD 48.73 1.24 2.61% |
| Symbol | Urban |
Urban Outfitters Price To Book Ratio
Is Specialty Retail 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 Urban Outfitters. If investors know Urban 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 Urban Outfitters 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 0.127 | Earnings Share 3.49 | Revenue Per Share 57.241 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0621 |
The market value of Urban Outfitters is measured differently than its book value, which is the value of Urban that is recorded on the company's balance sheet. Investors also form their own opinion of Urban Outfitters' value that differs from its market value or its book value, called intrinsic value, which is Urban Outfitters' 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 Urban Outfitters' market value can be influenced by many factors that don't directly affect Urban Outfitters' 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 Urban Outfitters' value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban Outfitters is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban Outfitters' 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.
Urban Outfitters 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Urban Outfitters' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Urban Outfitters.
| 09/01/2024 |
| 11/30/2024 |
If you would invest 0.00 in Urban Outfitters on September 1, 2024 and sell it all today you would earn a total of 0.00 from holding Urban Outfitters or generate 0.0% return on investment in Urban Outfitters over 90 days. Urban Outfitters is related to or competes with American Eagle, Foot Locker, Childrens Place, Abercrombie Fitch, Lululemon Athletica, and Burlington Stores. Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products More
Urban Outfitters Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Urban Outfitters' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Urban Outfitters upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.7 | |||
| Information Ratio | 0.1133 | |||
| Maximum Drawdown | 7.06 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 3.9 |
Urban Outfitters Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Urban Outfitters' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Urban Outfitters' standard deviation. In reality, there are many statistical measures that can use Urban Outfitters historical prices to predict the future Urban Outfitters' volatility.| Risk Adjusted Performance | 0.1296 | |||
| Jensen Alpha | 0.3524 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.1967 | |||
| Treynor Ratio | 0.5361 |
Urban Outfitters Backtested Returns
Urban Outfitters appears to be very steady, given 3 months investment horizon. Urban Outfitters owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. By inspecting Urban Outfitters' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please review Urban Outfitters' Semi Deviation of 1.42, coefficient of variation of 625.4, and Risk Adjusted Performance of 0.1296 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Urban Outfitters holds a performance score of 13. The entity has a beta of 0.86, which indicates possible diversification benefits within a given portfolio. Urban Outfitters returns are very sensitive to returns on the market. As the market goes up or down, Urban Outfitters is expected to follow. Please check Urban Outfitters' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Urban Outfitters' existing price patterns will revert.
Auto-correlation | 0.32 |
Below average predictability
Urban Outfitters has below average predictability. Overlapping area represents the amount of predictability between Urban Outfitters time series from 1st of September 2024 to 16th of October 2024 and 16th of October 2024 to 30th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Urban Outfitters price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Urban Outfitters price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 8.71 |
Urban Outfitters lagged returns against current returns
Autocorrelation, which is Urban Outfitters stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Urban Outfitters' stock expected returns. We can calculate the autocorrelation of Urban Outfitters returns to help us make a trade decision. For example, suppose you find that Urban Outfitters has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Urban Outfitters regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Urban Outfitters stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Urban Outfitters stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Urban Outfitters stock over time.
Current vs Lagged Prices |
| Timeline |
Urban Outfitters Lagged Returns
When evaluating Urban Outfitters' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Urban Outfitters stock have on its future price. Urban Outfitters autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Urban Outfitters autocorrelation shows the relationship between Urban Outfitters stock current value and its past values and can show if there is a momentum factor associated with investing in Urban Outfitters.
Regressed Prices |
| Timeline |
Pair Trading with Urban Outfitters
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Urban Outfitters position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Urban Outfitters will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Urban Outfitters could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Urban Outfitters when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Urban Outfitters - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Urban Outfitters to buy it.
The correlation of Urban Outfitters is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Urban Outfitters moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urban Outfitters moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Urban Outfitters can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Urban Outfitters Correlation, Urban Outfitters Volatility and Urban Outfitters Alpha and Beta module to complement your research on Urban Outfitters. To learn how to invest in Urban Stock, please use our How to Invest in Urban Outfitters guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Urban Outfitters 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.