Inchcape PLC (UK) Market Value
| INCH Stock | 692.00 1.00 0.14% |
| Symbol | Inchcape |
Inchcape 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 Inchcape 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 Inchcape PLC.
| 03/09/2023 |
| 02/26/2025 |
If you would invest 0.00 in Inchcape PLC on March 9, 2023 and sell it all today you would earn a total of 0.00 from holding Inchcape PLC or generate 0.0% return on investment in Inchcape PLC over 720 days. Inchcape PLC is related to or competes with T Mobile, Raytheon Technologies, Roper Technologies, Uber Technologies, Polar Capital, Technicolor, and Check Point. Inchcape PLC is entity of United Kingdom More
Inchcape 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 Inchcape 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 Inchcape PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 16.42 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 2.29 |
Inchcape PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inchcape PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inchcape PLC's standard deviation. In reality, there are many statistical measures that can use Inchcape PLC historical prices to predict the future Inchcape PLC's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.7306 |
Inchcape PLC Backtested Returns
Inchcape PLC holds Efficiency (Sharpe) Ratio of -0.0684, which attests that the entity had a -0.0684 % return per unit of risk over the last 3 months. Inchcape PLC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inchcape PLC's Risk Adjusted Performance of (0.03), market risk adjusted performance of 0.7406, and Standard Deviation of 2.08 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of -0.14, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Inchcape PLC are expected to decrease at a much lower rate. During the bear market, Inchcape PLC is likely to outperform the market. At this point, Inchcape PLC has a negative expected return of -0.14%. Please make sure to check out Inchcape PLC's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Inchcape PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Inchcape PLC has weak predictability. Overlapping area represents the amount of predictability between Inchcape PLC time series from 9th of March 2023 to 3rd of March 2024 and 3rd of March 2024 to 26th of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Inchcape PLC price movement. The serial correlation of 0.23 indicates that over 23.0% of current Inchcape PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 3647.75 |
Inchcape PLC lagged returns against current returns
Autocorrelation, which is Inchcape 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 Inchcape PLC's stock expected returns. We can calculate the autocorrelation of Inchcape PLC returns to help us make a trade decision. For example, suppose you find that Inchcape 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 |
Inchcape 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 Inchcape PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inchcape PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inchcape PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Inchcape PLC Lagged Returns
When evaluating Inchcape PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inchcape PLC stock have on its future price. Inchcape 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, Inchcape PLC autocorrelation shows the relationship between Inchcape PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Inchcape 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 Inchcape Stock Analysis
When running Inchcape PLC's price analysis, check to measure Inchcape 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 Inchcape PLC is operating at the current time. Most of Inchcape PLC's value examination focuses on studying past and present price action to predict the probability of Inchcape 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 Inchcape PLC's price. Additionally, you may evaluate how the addition of Inchcape PLC to your portfolios can decrease your overall portfolio volatility.