Urban Gro Stock Market Value
| UGRO Stock | USD 0.76 0.01 1.30% |
| Symbol | Urban |
Urban Gro Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Gro. 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 Gro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.05) | Revenue Per Share | Quarterly Revenue Growth (0.49) | Return On Assets | Return On Equity |
The market value of Urban Gro 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 Gro's value that differs from its market value or its book value, called intrinsic value, which is Urban Gro'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 Urban Gro's market value can be influenced by many factors that don't directly affect Urban Gro'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 Urban Gro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Urban Gro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Urban Gro'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.
Urban Gro '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 Gro'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 Urban Gro.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Urban Gro on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Urban Gro or generate 0.0% return on investment in Urban Gro over 90 days. Urban Gro is related to or competes with CEA Industries, Titan International, Volvo AB, Gencor Industries, Astec Industries, Hyster Yale, and Shyft. urban-gro, Inc. operates as an engineering design services company that integrates complex environmental equipment syste... More
Urban Gro 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 Gro'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 Urban Gro upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 34.65 | |||
| Value At Risk | (9.57) | |||
| Potential Upside | 5.48 |
Urban Gro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Urban Gro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Urban Gro's standard deviation. In reality, there are many statistical measures that can use Urban Gro historical prices to predict the future Urban Gro's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | 0.1019 | |||
| Treynor Ratio | (0.71) |
Urban Gro Backtested Returns
Urban Gro owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0668, which indicates the firm had a -0.0668 % return per unit of risk over the last 3 months. Urban Gro exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Urban Gro's Risk Adjusted Performance of (0.08), coefficient of variation of (954.87), and Variance of 29.76 to confirm the risk estimate we provide. The entity has a beta of 0.82, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Urban Gro's returns are expected to increase less than the market. However, during the bear market, the loss of holding Urban Gro is expected to be smaller as well. At this point, Urban Gro has a negative expected return of -0.37%. Please make sure to validate Urban Gro's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Urban Gro performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Urban Gro has insignificant reverse predictability. Overlapping area represents the amount of predictability between Urban Gro time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. 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 Gro price movement. The serial correlation of -0.17 indicates that over 17.0% of current Urban Gro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Urban Gro lagged returns against current returns
Autocorrelation, which is Urban Gro 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 Gro's stock expected returns. We can calculate the autocorrelation of Urban Gro returns to help us make a trade decision. For example, suppose you find that Urban Gro 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 Gro 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 Gro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Urban Gro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Urban Gro stock over time.
Current vs Lagged Prices |
| Timeline |
Urban Gro Lagged Returns
When evaluating Urban Gro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Urban Gro stock have on its future price. Urban Gro 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 Gro autocorrelation shows the relationship between Urban Gro stock current value and its past values and can show if there is a momentum factor associated with investing in Urban Gro.
Regressed Prices |
| Timeline |
Pair Trading with Urban Gro
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 Gro 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 Gro will appreciate offsetting losses from the drop in the long position's value.Moving against Urban Stock
| 0.74 | DE | Deere Company | PairCorr |
| 0.69 | CNH | CNH Industrial NV Symbol Change | PairCorr |
| 0.65 | TWI | Titan International | PairCorr |
| 0.5 | LNN | Lindsay | PairCorr |
| 0.43 | MTW | Manitowoc | PairCorr |
The ability to find closely correlated positions to Urban Gro 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 Gro 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 Gro - 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 Gro to buy it.
The correlation of Urban Gro 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 Gro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Urban Gro 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 Gro 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 Gro Correlation, Urban Gro Volatility and Urban Gro Alpha and Beta module to complement your research on Urban Gro. To learn how to invest in Urban Stock, please use our How to Invest in Urban Gro guide.You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Urban Gro 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.