Uber technologies stock price chart defines clear technicals that could see the stock price drifting lower to $35 dollars a share. The stock has drifted in a clear Inverse Cup&Handle pattern, which would see the price drifting lower into a range of $35<$39 dollars that would fill and repair a price/volume gap structure. The downtrend has been reinforced by the trendline breaching below the Ichimoku Senkou A/B nuage and below the daily main moving averages. The consolidation of the stock price in the $35<$39 dollar range would only confirm the build-up of the Inverse Cup&Handle pattern that could open up more technical selling where UBER stock price could be sold below $35 dollars.
There are other metrics that require very much prudence from investors, the Value at Risk metric has become quite elevated on a daily basis, on a 250 days horizon, a 4.17 VaR express a 1% Var of a -12% drawdown, otherwise deeper in the tail of the standard normal distribution of the stock price, so the fat tail risk represents a larger risk for investors, in fact also the Skewness -0.55 of the stock describes the risk of the stock price being exchanged below the mean reinforcing the risk of a -12% drawdown rather than the upside. The highly correlated Coefficient of Variation 805,35 also describes the wider price dispersion of the stock and how stock price returns in UBER equities are of a riskier asset.
Uber Technologies Profitability
Uber Technologies’ profitability indicators refer to fundamental financial ratios that showcase Uber Technologies’ ability to generate income relative to its revenue or operating costs. If, let’s say, Uber Technologies is currently losing money, the management’s focus should be on how to reverse that trend. However, when revenue exceeds expenses, Uber Technologies’ executives or investors may be in less hurry to break that information down – which is where profitability analysis comes into play. Gaining a greater understanding of Uber Technologies’ profitability requires more research than a typical breakdown of Uber Technologies’ financial statement. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade. The company has Profit Margin (PM) of (60.76) %, which may suggest that it does not properly execute on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows an Operating Margin (OM) of (37.83) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.38.
The entity has a return on total asset (ROA) of (8.1) % which means that it has lost $8.1 on every $100 spent on asset. This is way below average. Similarly, it shows a return on stockholders equity (ROE) of (46.92) %, meaning that it created substantial loss on money invested by shareholders. Uber Technologies management efficiency ratios could be used to measure how well uber technologies manages its routine affairs as well as how well it operates its assets and liabilities.
|Mar 31, 2021||Dec 31, 2020||Sep 30, 2020||Jun 30, 2020|
|Period Length:||3 Months||12 Months||9 Months||6 Months|
|Cash From Operating Activities||-262||-3094||-1940||-1534|
|Cash From Investing Activities||-250||-2869||-2677||-2312|
|Cash From Financing Activities||-226||1379||483||55|
|Net Change in Cash||-784||-4676||-4301||-3966|
|Buy: 0 Sell: 8 Neutral: 1|
|Buy: 0 Sell: 12|