Inspired Entertainment Stock Market Value
| INSE Stock | USD 9.89 0.02 0.20% |
| Symbol | Inspired |
Inspired Entertainment Price To Book Ratio
Is Hotels, Restaurants & Leisure 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 Inspired Entertainment. If investors know Inspired 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 Inspired Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Earnings Share (0.01) | Revenue Per Share 10.489 | Quarterly Revenue Growth (0.20) | Return On Assets 0.0727 |
The market value of Inspired Entertainment is measured differently than its book value, which is the value of Inspired that is recorded on the company's balance sheet. Investors also form their own opinion of Inspired Entertainment's value that differs from its market value or its book value, called intrinsic value, which is Inspired Entertainment's 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 Inspired Entertainment's market value can be influenced by many factors that don't directly affect Inspired Entertainment's 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 Inspired Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspired Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspired Entertainment's 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.
Inspired Entertainment '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 Inspired Entertainment'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 Inspired Entertainment.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Inspired Entertainment on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Inspired Entertainment or generate 0.0% return on investment in Inspired Entertainment over 30 days. Inspired Entertainment is related to or competes with Canterbury Park, Accel Entertainment, Gambling, PlayAGS, Light Wonder, Everi Holdings, and International Game. Inspired Entertainment, Inc., a business-to-business gaming technology company, supplies content, platform, and other pr... More
Inspired Entertainment 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 Inspired Entertainment'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 Inspired Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.4 | |||
| Information Ratio | 0.0475 | |||
| Maximum Drawdown | 10.43 | |||
| Value At Risk | (3.37) | |||
| Potential Upside | 4.29 |
Inspired Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inspired Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inspired Entertainment's standard deviation. In reality, there are many statistical measures that can use Inspired Entertainment historical prices to predict the future Inspired Entertainment's volatility.| Risk Adjusted Performance | 0.0886 | |||
| Jensen Alpha | 0.1216 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.0435 | |||
| Treynor Ratio | 0.2624 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Inspired Entertainment's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Inspired Entertainment Backtested Returns
Inspired Entertainment appears to be not too volatile, given 3 months investment horizon. Inspired Entertainment holds Efficiency (Sharpe) Ratio of 0.0961, which attests that the entity had a 0.0961% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Inspired Entertainment, which you can use to evaluate the volatility of the firm. Please utilize Inspired Entertainment's Market Risk Adjusted Performance of 0.2724, risk adjusted performance of 0.0886, and Downside Deviation of 2.4 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Inspired Entertainment holds a performance score of 7. The company retains a Market Volatility (i.e., Beta) of 0.86, which attests to possible diversification benefits within a given portfolio. Inspired Entertainment returns are very sensitive to returns on the market. As the market goes up or down, Inspired Entertainment is expected to follow. Please check Inspired Entertainment's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Inspired Entertainment's current trending patterns will revert.
Auto-correlation | -0.92 |
Near perfect reversele predictability
Inspired Entertainment has near perfect reversele predictability. Overlapping area represents the amount of predictability between Inspired Entertainment time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Inspired Entertainment price movement. The serial correlation of -0.92 indicates that approximately 92.0% of current Inspired Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.92 | |
| Spearman Rank Test | -0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Inspired Entertainment lagged returns against current returns
Autocorrelation, which is Inspired Entertainment 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 Inspired Entertainment's stock expected returns. We can calculate the autocorrelation of Inspired Entertainment returns to help us make a trade decision. For example, suppose you find that Inspired Entertainment 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 |
Inspired Entertainment 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 Inspired Entertainment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inspired Entertainment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inspired Entertainment stock over time.
Current vs Lagged Prices |
| Timeline |
Inspired Entertainment Lagged Returns
When evaluating Inspired Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inspired Entertainment stock have on its future price. Inspired Entertainment 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, Inspired Entertainment autocorrelation shows the relationship between Inspired Entertainment stock current value and its past values and can show if there is a momentum factor associated with investing in Inspired Entertainment.
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.When determining whether Inspired Entertainment is a strong investment it is important to analyze Inspired Entertainment's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Inspired Entertainment's future performance. For an informed investment choice regarding Inspired Stock, refer to the following important reports:Check out Inspired Entertainment Correlation, Inspired Entertainment Volatility and Inspired Entertainment Alpha and Beta module to complement your research on Inspired Entertainment. For information on how to trade Inspired Stock refer to our How to Trade Inspired Stock guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Inspired Entertainment technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.