Ibstock PLC (UK) Market Value
| IBST Stock | 188.20 2.60 1.40% |
| Symbol | Ibstock |
Ibstock PLC '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 Ibstock PLC'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 Ibstock PLC.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Ibstock PLC on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ibstock PLC or generate 0.0% return on investment in Ibstock PLC over 300 days. Ibstock PLC is related to or competes with Verizon Communications, Arrow Electronics, Science In, Zoom Video, STMicroelectronics, Team Internet, and Compal Electronics. More
Ibstock PLC 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 Ibstock PLC'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 Ibstock PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.72 | |||
| Value At Risk | (3.18) | |||
| Potential Upside | 3.44 |
Ibstock PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ibstock PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ibstock PLC's standard deviation. In reality, there are many statistical measures that can use Ibstock PLC historical prices to predict the future Ibstock PLC's volatility.| Risk Adjusted Performance | 0.0278 | |||
| Jensen Alpha | 0.0466 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.49) |
Ibstock PLC Backtested Returns
Currently, Ibstock PLC is very steady. Ibstock PLC holds Efficiency (Sharpe) Ratio of 0.0295, which attests that the entity had a 0.0295% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Ibstock PLC, which you can use to evaluate the volatility of the firm. Please check out Ibstock PLC's Risk Adjusted Performance of 0.0278, market risk adjusted performance of (0.48), and Downside Deviation of 1.69 to validate if the risk estimate we provide is consistent with the expected return of 0.0476%. Ibstock PLC has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0761, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ibstock PLC are expected to decrease at a much lower rate. During the bear market, Ibstock PLC is likely to outperform the market. Ibstock PLC right now retains a risk of 1.61%. Please check out Ibstock PLC total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Ibstock PLC will be following its current trending patterns.
Auto-correlation | 0.54 |
Modest predictability
Ibstock PLC has modest predictability. Overlapping area represents the amount of predictability between Ibstock PLC 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 Ibstock PLC price movement. The serial correlation of 0.54 indicates that about 54.0% of current Ibstock PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 68.38 |
Ibstock PLC lagged returns against current returns
Autocorrelation, which is Ibstock PLC 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 Ibstock PLC's stock expected returns. We can calculate the autocorrelation of Ibstock PLC returns to help us make a trade decision. For example, suppose you find that Ibstock PLC 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 |
Ibstock PLC 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 Ibstock PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ibstock PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ibstock PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Ibstock PLC Lagged Returns
When evaluating Ibstock PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ibstock PLC stock have on its future price. Ibstock PLC 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, Ibstock PLC autocorrelation shows the relationship between Ibstock PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Ibstock PLC.
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 Ibstock Stock Analysis
When running Ibstock PLC's price analysis, check to measure Ibstock PLC'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 Ibstock PLC is operating at the current time. Most of Ibstock PLC's value examination focuses on studying past and present price action to predict the probability of Ibstock PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ibstock PLC's price. Additionally, you may evaluate how the addition of Ibstock PLC to your portfolios can decrease your overall portfolio volatility.