Ingersoll Rand Stock Forecast - Risk Adjusted Performance
| IR Stock | USD 104.00 0.96 0.93% |
Ingersoll Stock Forecast is based on your current time horizon. Although Ingersoll Rand's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Ingersoll Rand's systematic risk associated with finding meaningful patterns of Ingersoll Rand fundamentals over time.
Ingersoll |
| Check Ingersoll Rand Volatility | Backtest Ingersoll Rand | Information Ratio |
Ingersoll Rand Trading Date Momentum
| On November 25 2024 Ingersoll Rand was traded for 104.00 at the closing time. The highest price during the trading period was 104.96 and the lowest recorded bid was listed for 102.56 . There was no trading activity during the period 0.0. Lack of trading volume on November 25, 2024 did not cause price change. The trading delta at closing time to the current price is 0.63% . |
| Compare Ingersoll Rand to competition |
Other Forecasting Options for Ingersoll Rand
For every potential investor in Ingersoll, whether a beginner or expert, Ingersoll Rand's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Ingersoll Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Ingersoll. Basic forecasting techniques help filter out the noise by identifying Ingersoll Rand's price trends.Ingersoll Rand Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Ingersoll Rand stock to make a market-neutral strategy. Peer analysis of Ingersoll Rand could also be used in its relative valuation, which is a method of valuing Ingersoll Rand by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Ingersoll Rand Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Ingersoll Rand's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Ingersoll Rand's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Ingersoll Rand Market Strength Events
Market strength indicators help investors to evaluate how Ingersoll Rand stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Ingersoll Rand shares will generate the highest return on investment. By undertsting and applying Ingersoll Rand stock market strength indicators, traders can identify Ingersoll Rand entry and exit signals to maximize returns.
Ingersoll Rand Risk Indicators
The analysis of Ingersoll Rand's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Ingersoll Rand's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting ingersoll stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.18 | |||
| Semi Deviation | 1.11 | |||
| Standard Deviation | 1.57 | |||
| Variance | 2.46 | |||
| Downside Variance | 1.78 | |||
| Semi Variance | 1.24 | |||
| Expected Short fall | (1.32) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with Ingersoll Rand
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 Ingersoll Rand 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 Ingersoll Rand will appreciate offsetting losses from the drop in the long position's value.Moving together with Ingersoll Stock
| 0.78 | B | Barnes Group | PairCorr |
| 0.75 | BW | Babcock Wilcox Enter | PairCorr |
| 0.79 | CR | Crane Company | PairCorr |
| 0.7 | GE | GE Aerospace Fiscal Year End 28th of January 2025 | PairCorr |
Moving against Ingersoll Stock
The ability to find closely correlated positions to Ingersoll Rand could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ingersoll Rand 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 Ingersoll Rand - 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 Ingersoll Rand to buy it.
The correlation of Ingersoll Rand 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 Ingersoll Rand moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ingersoll Rand 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 Ingersoll Rand 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.Additional Tools for Ingersoll Stock Analysis
When running Ingersoll Rand's price analysis, check to measure Ingersoll Rand'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 Ingersoll Rand is operating at the current time. Most of Ingersoll Rand's value examination focuses on studying past and present price action to predict the probability of Ingersoll Rand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingersoll Rand's price. Additionally, you may evaluate how the addition of Ingersoll Rand to your portfolios can decrease your overall portfolio volatility.