Interpublic Group (UK) Market Value
| 0JCK Stock | 30.36 0.62 2.00% |
| Symbol | Interpublic |
Interpublic Group '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 Interpublic Group'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 Interpublic Group.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Interpublic Group on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Interpublic Group of or generate 0.0% return on investment in Interpublic Group over 30 days. Interpublic Group is related to or competes with Livermore Investments, Lowland Investment, Baker Steel, Monks Investment, JLEN Environmental, Dentsply Sirona, and Kinnevik Investment. Interpublic Group is entity of United Kingdom More
Interpublic Group 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 Interpublic Group'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 Interpublic Group of upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 10.16 | |||
| Value At Risk | (1.70) | |||
| Potential Upside | 2.9 |
Interpublic Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Interpublic Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Interpublic Group's standard deviation. In reality, there are many statistical measures that can use Interpublic Group historical prices to predict the future Interpublic Group's volatility.| Risk Adjusted Performance | 0.0172 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0659 |
Interpublic Group Backtested Returns
Currently, Interpublic Group of is very steady. Interpublic Group holds Efficiency (Sharpe) Ratio of 0.0416, which attests that the entity had a 0.0416% return per unit of risk over the last 3 months. We have found thirty technical indicators for Interpublic Group, which you can use to evaluate the volatility of the firm. Please check out Interpublic Group's Market Risk Adjusted Performance of 0.0759, risk adjusted performance of 0.0172, and Downside Deviation of 2.0 to validate if the risk estimate we provide is consistent with the expected return of 0.0781%. Interpublic Group has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Interpublic Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Interpublic Group is expected to be smaller as well. Interpublic Group right now retains a risk of 1.88%. Please check out Interpublic Group total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Interpublic Group will be following its current trending patterns.
Auto-correlation | 0.63 |
Good predictability
Interpublic Group of has good predictability. Overlapping area represents the amount of predictability between Interpublic Group time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Interpublic Group price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Interpublic Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
Interpublic Group lagged returns against current returns
Autocorrelation, which is Interpublic Group 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 Interpublic Group's stock expected returns. We can calculate the autocorrelation of Interpublic Group returns to help us make a trade decision. For example, suppose you find that Interpublic Group 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 |
Interpublic Group 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 Interpublic Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Interpublic Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Interpublic Group stock over time.
Current vs Lagged Prices |
| Timeline |
Interpublic Group Lagged Returns
When evaluating Interpublic Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Interpublic Group stock have on its future price. Interpublic Group 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, Interpublic Group autocorrelation shows the relationship between Interpublic Group stock current value and its past values and can show if there is a momentum factor associated with investing in Interpublic Group of.
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.Additional Tools for Interpublic Stock Analysis
When running Interpublic Group's price analysis, check to measure Interpublic Group'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 Interpublic Group is operating at the current time. Most of Interpublic Group's value examination focuses on studying past and present price action to predict the probability of Interpublic Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Interpublic Group's price. Additionally, you may evaluate how the addition of Interpublic Group to your portfolios can decrease your overall portfolio volatility.