Interpublic Group (UK) Market Value
| 0JCK Stock | 30.13 0.35 1.15% |
| 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.
| 11/03/2024 |
| 12/03/2024 |
If you would invest 0.00 in Interpublic Group on November 3, 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 Kinnevik Investment, Public Storage, Extra Space, FC Investment, Datagroup, Fidelity National, and Coor Service. 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.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.11 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 2.12 |
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 | (0.04) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.25) |
Interpublic Group Backtested Returns
Interpublic Group holds Efficiency (Sharpe) Ratio of -0.0292, which attests that the entity had a -0.0292% return per unit of risk over the last 3 months. Interpublic Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Interpublic Group's Risk Adjusted Performance of (0.04), market risk adjusted performance of (0.24), and Standard Deviation of 1.7 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.42, which attests to possible diversification benefits within a given portfolio. 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. At this point, Interpublic Group has a negative expected return of -0.0495%. Please make sure to check out Interpublic Group's maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Interpublic Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.51 |
Good reverse predictability
Interpublic Group of has good reverse predictability. Overlapping area represents the amount of predictability between Interpublic Group time series from 3rd of November 2024 to 18th of November 2024 and 18th of November 2024 to 3rd 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 -0.51 indicates that about 51.0% of current Interpublic Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 1.35 |
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 |
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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.