U Haul Holding Stock Market Value
| UHAL-B Stock | 63.33 0.46 0.73% |
| Symbol | U-Haul |
U Haul Holding Price To Book Ratio
U-Haul Holding '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 U-Haul Holding'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 U-Haul Holding.
| 09/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in U-Haul Holding on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding U Haul Holding or generate 0.0% return on investment in U-Haul Holding over 60 days. U-Haul Holding is related to or competes with Alvotech, Triton International, Vindicator Silver, BioNTech, Zijin Mining, Cumberland Pharmaceuticals, and Fortress Transp. U-Haul Holding is entity of United States More
U-Haul Holding 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 U-Haul Holding'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 U Haul Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 7.59 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 2.32 |
U-Haul Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for U-Haul Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as U-Haul Holding's standard deviation. In reality, there are many statistical measures that can use U-Haul Holding historical prices to predict the future U-Haul Holding's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.14) |
U Haul Holding Backtested Returns
U Haul Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0482, which indicates the company had a -0.0482% return per unit of volatility over the last 3 months. U Haul Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate U-Haul Holding's Risk Adjusted Performance of (0.04), market risk adjusted performance of (0.13), and Standard Deviation of 1.55 to confirm the risk estimate we provide. The firm has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, U-Haul Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding U-Haul Holding is expected to be smaller as well. At this point, U Haul Holding has a negative expected return of -0.0741%. Please make sure to validate U-Haul Holding's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if U Haul Holding performance from the past will be repeated sooner or later.
Auto-correlation | 0.69 |
Good predictability
U Haul Holding has good predictability. Overlapping area represents the amount of predictability between U-Haul Holding time series from 30th of September 2024 to 30th of October 2024 and 30th of October 2024 to 29th 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 U Haul Holding price movement. The serial correlation of 0.69 indicates that around 69.0% of current U-Haul Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 8.83 |
U Haul Holding lagged returns against current returns
Autocorrelation, which is U-Haul Holding 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 U-Haul Holding's stock expected returns. We can calculate the autocorrelation of U-Haul Holding returns to help us make a trade decision. For example, suppose you find that U-Haul Holding 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 |
U-Haul Holding 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 U-Haul Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if U-Haul Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in U-Haul Holding stock over time.
Current vs Lagged Prices |
| Timeline |
U-Haul Holding Lagged Returns
When evaluating U-Haul Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of U-Haul Holding stock have on its future price. U-Haul Holding 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, U-Haul Holding autocorrelation shows the relationship between U-Haul Holding stock current value and its past values and can show if there is a momentum factor associated with investing in U Haul Holding.
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 U Haul Holding is a strong investment it is important to analyze U-Haul Holding'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 U-Haul Holding's future performance. For an informed investment choice regarding U-Haul Stock, refer to the following important reports:Check out U-Haul Holding Correlation, U-Haul Holding Volatility and U-Haul Holding Alpha and Beta module to complement your research on U-Haul Holding. For information on how to trade U-Haul Stock refer to our How to Trade U-Haul Stock guide.You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
U-Haul Holding 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.