United Parcel Service Stock Market Value
| UPS Stock | USD 142.77 0.03 0.02% |
| Symbol | United |
United Parcel Service Price To Book Ratio
Is United Parcel's industry 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 Parcel. 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 Parcel 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 (0.53) | Dividend Share 6.48 | Earnings Share 7.79 | Revenue Per Share 105.888 | Quarterly Revenue Growth (0.08) |
The market value of United Parcel Service 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 Parcel's value that differs from its market value or its book value, called intrinsic value, which is United Parcel's 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 Parcel's market value can be influenced by many factors that don't directly affect United Parcel's 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 Parcel's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Parcel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Parcel's 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.
United Parcel '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 United Parcel's 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 United Parcel.
| 04/26/2023 |
| 04/20/2024 |
If you would invest 0.00 in United Parcel on April 26, 2023 and sell it all today you would earn a total of 0.00 from holding United Parcel Service or generate 0.0% return on investment in United Parcel over 360 days. United Parcel is related to or competes with JB Hunt, and Landstar System. United Parcel Service, Inc. provides letter and package delivery, transportation, logistics, and related services More
United Parcel 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 United Parcel's 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 United Parcel Service upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 13.08 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.09 |
United Parcel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Parcel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Parcel's standard deviation. In reality, there are many statistical measures that can use United Parcel historical prices to predict the future United Parcel's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of United Parcel's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
United Parcel Service Backtested Returns
United Parcel Service owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0652, which indicates the firm had a -0.0652% return per unit of risk over the last 3 months. United Parcel Service exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate United Parcel's Variance of 3.8, coefficient of variation of (2,316), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of 1.3, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, United Parcel will likely underperform. United Parcel Service has an expected return of -0.13%. Please make sure to validate United Parcel information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if United Parcel Service performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.15 |
Insignificant predictability
United Parcel Service has insignificant predictability. Overlapping area represents the amount of predictability between United Parcel time series from 26th of April 2023 to 23rd of October 2023 and 23rd of October 2023 to 20th of April 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 United Parcel Service price movement. The serial correlation of 0.15 indicates that less than 15.0% of current United Parcel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 43.8 |
United Parcel Service lagged returns against current returns
Autocorrelation, which is United Parcel 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 United Parcel's stock expected returns. We can calculate the autocorrelation of United Parcel returns to help us make a trade decision. For example, suppose you find that United Parcel 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 |
United Parcel 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 United Parcel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Parcel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Parcel stock over time.
Current vs Lagged Prices |
| Timeline |
United Parcel Lagged Returns
When evaluating United Parcel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Parcel stock have on its future price. United Parcel 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, United Parcel autocorrelation shows the relationship between United Parcel stock current value and its past values and can show if there is a momentum factor associated with investing in United Parcel Service.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether United Parcel Service is a strong investment it is important to analyze United Parcel's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact United Parcel's future performance. For an informed investment choice regarding United Stock, refer to the following important reports:Check out United Parcel Correlation, United Parcel Volatility and United Parcel Alpha and Beta module to complement your research on United Parcel. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for United Stock analysis
When running United Parcel's price analysis, check to measure United Parcel's 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 United Parcel is operating at the current time. Most of United Parcel's value examination focuses on studying past and present price action to predict the probability of United Parcel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Parcel's price. Additionally, you may evaluate how the addition of United Parcel to your portfolios can decrease your overall portfolio volatility.
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United Parcel 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.