Integra Lifesciences Holdings Stock Market Value
| IART Stock | USD 24.24 0.66 2.80% |
| Symbol | Integra |
Is Health Care Equipment & Supplies 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 Integra LifeSciences. If investors know Integra 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 Integra LifeSciences listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Integra LifeSciences is measured differently than its book value, which is the value of Integra that is recorded on the company's balance sheet. Investors also form their own opinion of Integra LifeSciences' value that differs from its market value or its book value, called intrinsic value, which is Integra LifeSciences' 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 Integra LifeSciences' market value can be influenced by many factors that don't directly affect Integra LifeSciences' 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 Integra LifeSciences' value and its price as these two are different measures arrived at by different means. Investors typically determine if Integra LifeSciences is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Integra LifeSciences' 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.
Integra LifeSciences '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 Integra LifeSciences' 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 Integra LifeSciences.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Integra LifeSciences on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Integra LifeSciences Holdings or generate 0.0% return on investment in Integra LifeSciences over 300 days. Integra LifeSciences is related to or competes with ICU Medical, CONMED, Haemonetics, and Merit Medical. Integra LifeSciences Holdings Corporation develops, manufactures, and markets surgical implants and medical instruments ... More
Integra LifeSciences 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 Integra LifeSciences' 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 Integra LifeSciences Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.63 | |||
| Information Ratio | 0.0551 | |||
| Maximum Drawdown | 31.15 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 3.49 |
Integra LifeSciences Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Integra LifeSciences' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Integra LifeSciences' standard deviation. In reality, there are many statistical measures that can use Integra LifeSciences historical prices to predict the future Integra LifeSciences' volatility.| Risk Adjusted Performance | 0.0745 | |||
| Jensen Alpha | 0.2219 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.085 | |||
| Treynor Ratio | 0.3374 |
Integra LifeSciences Backtested Returns
Integra LifeSciences appears to be not too volatile, given 3 months investment horizon. Integra LifeSciences holds Efficiency (Sharpe) Ratio of 0.0868, which attests that the entity had a 0.0868% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Integra LifeSciences, which you can use to evaluate the volatility of the firm. Please utilize Integra LifeSciences' Downside Deviation of 2.63, market risk adjusted performance of 0.3474, and Risk Adjusted Performance of 0.0745 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Integra LifeSciences holds a performance score of 6. The company retains a Market Volatility (i.e., Beta) of 1.01, which attests to a somewhat significant risk relative to the market. Integra LifeSciences returns are very sensitive to returns on the market. As the market goes up or down, Integra LifeSciences is expected to follow. Please check Integra LifeSciences' potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Integra LifeSciences' current trending patterns will revert.
Auto-correlation | 0.80 |
Very good predictability
Integra LifeSciences Holdings has very good predictability. Overlapping area represents the amount of predictability between Integra LifeSciences time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th of November 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 Integra LifeSciences price movement. The serial correlation of 0.8 indicates that around 80.0% of current Integra LifeSciences price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 20.13 |
Integra LifeSciences lagged returns against current returns
Autocorrelation, which is Integra LifeSciences 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 Integra LifeSciences' stock expected returns. We can calculate the autocorrelation of Integra LifeSciences returns to help us make a trade decision. For example, suppose you find that Integra LifeSciences 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 |
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Integra LifeSciences 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 Integra LifeSciences stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Integra LifeSciences stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Integra LifeSciences stock over time.
Current vs Lagged Prices |
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Integra LifeSciences Lagged Returns
When evaluating Integra LifeSciences' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Integra LifeSciences stock have on its future price. Integra LifeSciences 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, Integra LifeSciences autocorrelation shows the relationship between Integra LifeSciences stock current value and its past values and can show if there is a momentum factor associated with investing in Integra LifeSciences Holdings.
Regressed Prices |
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Thematic Opportunities
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Additional Tools for Integra Stock Analysis
When running Integra LifeSciences' price analysis, check to measure Integra LifeSciences' 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 Integra LifeSciences is operating at the current time. Most of Integra LifeSciences' value examination focuses on studying past and present price action to predict the probability of Integra LifeSciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Integra LifeSciences' price. Additionally, you may evaluate how the addition of Integra LifeSciences to your portfolios can decrease your overall portfolio volatility.