Insulet Stock Market Value
| PODD Stock | USD 262.00 4.58 1.72% |
| Symbol | Insulet |
Insulet Price To Book Ratio
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 Insulet. If investors know Insulet 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 Insulet 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 0.46 | Earnings Share 5.86 | Revenue Per Share 28.341 | Quarterly Revenue Growth 0.257 | Return On Assets 0.0757 |
The market value of Insulet is measured differently than its book value, which is the value of Insulet that is recorded on the company's balance sheet. Investors also form their own opinion of Insulet's value that differs from its market value or its book value, called intrinsic value, which is Insulet'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 Insulet's market value can be influenced by many factors that don't directly affect Insulet'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 Insulet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Insulet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insulet'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.
Insulet '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 Insulet'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 Insulet.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Insulet on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Insulet or generate 0.0% return on investment in Insulet over 30 days. Insulet is related to or competes with DexCom, Integra LifeSciences, Senseonics Holdings, Edwards Lifesciences, Tandem Diabetes, Abbott Laboratories, and Align Technology. Insulet Corporation develops, manufactures, and sells insulin delivery systems for people with insulin-dependent diabete... More
Insulet 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 Insulet'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 Insulet upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.2148 | |||
| Maximum Drawdown | 12.33 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 3.36 |
Insulet Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Insulet's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Insulet's standard deviation. In reality, there are many statistical measures that can use Insulet historical prices to predict the future Insulet's volatility.| Risk Adjusted Performance | 0.2116 | |||
| Jensen Alpha | 0.517 | |||
| Total Risk Alpha | 0.2692 | |||
| Sortino Ratio | 0.3725 | |||
| Treynor Ratio | 3.68 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Insulet'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.
Insulet Backtested Returns
Insulet appears to be very steady, given 3 months investment horizon. Insulet holds Efficiency (Sharpe) Ratio of 0.3, which attests that the entity had a 0.3% return per unit of risk over the last 3 months. By evaluating Insulet's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please utilize Insulet's Downside Deviation of 1.16, market risk adjusted performance of 3.69, and Risk Adjusted Performance of 0.2116 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Insulet holds a performance score of 23. 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, Insulet's returns are expected to increase less than the market. However, during the bear market, the loss of holding Insulet is expected to be smaller as well. Please check Insulet's skewness, day typical price, and the relationship between the downside variance and daily balance of power , to make a quick decision on whether Insulet's current trending patterns will revert.
Auto-correlation | -0.07 |
Very weak reverse predictability
Insulet has very weak reverse predictability. Overlapping area represents the amount of predictability between Insulet time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Insulet price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Insulet price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 59.69 |
Insulet lagged returns against current returns
Autocorrelation, which is Insulet 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 Insulet's stock expected returns. We can calculate the autocorrelation of Insulet returns to help us make a trade decision. For example, suppose you find that Insulet 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 |
Insulet 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 Insulet stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Insulet stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Insulet stock over time.
Current vs Lagged Prices |
| Timeline |
Insulet Lagged Returns
When evaluating Insulet's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Insulet stock have on its future price. Insulet 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, Insulet autocorrelation shows the relationship between Insulet stock current value and its past values and can show if there is a momentum factor associated with investing in Insulet.
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 Insulet is a strong investment it is important to analyze Insulet'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 Insulet's future performance. For an informed investment choice regarding Insulet Stock, refer to the following important reports:Check out Insulet Correlation, Insulet Volatility and Insulet Alpha and Beta module to complement your research on Insulet. For information on how to trade Insulet Stock refer to our How to Trade Insulet Stock guide.You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Insulet 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.