Ultralife Stock Market Value
| ULBI Stock | USD 5.52 0.18 3.37% |
| Symbol | Ultralife |
Ultralife Price To Book Ratio
Is Electrical Components & Equipment 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 Ultralife. If investors know Ultralife 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 Ultralife 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 (0.81) | Earnings Share 0.58 | Revenue Per Share | Quarterly Revenue Growth (0.1) | Return On Assets |
The market value of Ultralife is measured differently than its book value, which is the value of Ultralife that is recorded on the company's balance sheet. Investors also form their own opinion of Ultralife's value that differs from its market value or its book value, called intrinsic value, which is Ultralife'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 Ultralife's market value can be influenced by many factors that don't directly affect Ultralife'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 Ultralife's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ultralife is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ultralife'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.
Ultralife '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 Ultralife'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 Ultralife.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Ultralife on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Ultralife or generate 0.0% return on investment in Ultralife over 90 days. Ultralife is related to or competes with Powell Industries, Kimball Electronics, Hayward Holdings, NVent Electric, Energizer Holdings, NeoVolta Common, and Espey Mfg. Ultralife Corporation, together with its subsidiaries, designs, manufactures, installs, and maintains power, and communi... More
Ultralife 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 Ultralife'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 Ultralife upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 11.4 | |||
| Value At Risk | (4.73) | |||
| Potential Upside | 3.37 |
Ultralife Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ultralife's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ultralife's standard deviation. In reality, there are many statistical measures that can use Ultralife historical prices to predict the future Ultralife's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.37) |
Ultralife Backtested Returns
Ultralife owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21 % return per unit of risk over the last 3 months. Ultralife exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ultralife's Risk Adjusted Performance of (0.15), variance of 6.13, and Coefficient Of Variation of (551.31) to confirm the risk estimate we provide. The entity has a beta of 1.23, 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, Ultralife will likely underperform. At this point, Ultralife has a negative expected return of -0.54%. Please make sure to validate Ultralife's accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if Ultralife performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.7 |
Very good reverse predictability
Ultralife has very good reverse predictability. Overlapping area represents the amount of predictability between Ultralife time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Ultralife price movement. The serial correlation of -0.7 indicates that around 70.0% of current Ultralife price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
Ultralife lagged returns against current returns
Autocorrelation, which is Ultralife 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 Ultralife's stock expected returns. We can calculate the autocorrelation of Ultralife returns to help us make a trade decision. For example, suppose you find that Ultralife 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 |
Ultralife 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 Ultralife stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ultralife stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ultralife stock over time.
Current vs Lagged Prices |
| Timeline |
Ultralife Lagged Returns
When evaluating Ultralife's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ultralife stock have on its future price. Ultralife 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, Ultralife autocorrelation shows the relationship between Ultralife stock current value and its past values and can show if there is a momentum factor associated with investing in Ultralife.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Ultralife offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ultralife'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 Ultralife Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ultralife Stock:Check out Ultralife Correlation, Ultralife Volatility and Ultralife Alpha and Beta module to complement your research on Ultralife. For more detail on how to invest in Ultralife Stock please use our How to Invest in Ultralife guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Ultralife 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.