UNITED RENTALS (Germany) Alpha and Beta Analysis
| UR3 Stock | EUR 807.20 1.00 0.12% |
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's 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's market risk premium analysis include:
Beta 1.87 | Alpha 0.0914 | Risk 1.99 | Sharpe Ratio 0.16 | Expected Return 0.32 |
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.
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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's performance over market.| α | 0.09 | β | 1.87 |
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's 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 Sun, Sep 1, 2024 and Sat, Nov 30, 2024 is 741.91 with a coefficient of variation of 8.0. The daily time series for the period is distributed with a sample standard deviation of 58.64, arithmetic mean of 732.62, and mean deviation of 47.87. The Stock did not receive any noticable media coverage during the period. Price Growth (%) |
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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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards UNITED RENTALS in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, UNITED RENTALS's short interest history, or implied volatility extrapolated from UNITED RENTALS options trading.
Build Portfolio with UNITED RENTALS
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Additional Information and Resources on Investing in UNITED Stock
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's 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 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 information on how to trade UNITED Stock refer to our How to Trade UNITED Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.