Ingersoll Rand Stock Beta

IR Stock

USD 82.93 0.76 0.91%

Ingersoll Rand fundamentals help investors to digest information that contributes to Ingersoll Rand's financial success or failures. It also enables traders to predict the movement of Ingersoll Stock. The fundamental analysis module provides a way to measure Ingersoll Rand's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ingersoll Rand stock.

Other Current Liab Total Assets

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Ingersoll Rand Company Beta Analysis

Ingersoll Rand's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Ingersoll Rand Beta

1.44

Most of Ingersoll Rand's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ingersoll Rand is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ingersoll Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for Ingersoll Rand is extremely important. It helps to project a fair market value of Ingersoll Stock properly, considering its historical fundamentals such as Beta. Since Ingersoll Rand's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Ingersoll Rand's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Ingersoll Rand's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Retained Earnings	Accounts Payable	Long Term Debt	Good Will	Short Term Investments	Total Liab	Treasury Stock	Intangible Assets	Common Stock	Property Plant Equipment	Net Tangible Assets	Total Permanent Equity	Net Receivables	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Total Current Assets	Short Term Debt	Net Debt	Short Long Term Debt	Current Deferred Revenue	Long Term Investments	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.9	0.66	0.7	0.14	0.95	0.25	0.87	0.05	0.88	0.46	-0.37	0.22	-0.08	0.77	0.18	0.45	0.03	0.93	0.09	-0.1	0.12	0.52	-0.09	0.5	0.53	0.52	0.51
Total Stockholder Equity	0.9		0.37	0.38	0.23	0.95	0.45	0.58	-0.29	0.79	0.09	-0.31	0.37	0.21	0.48	0.33	0.76	-0.23	0.75	-0.11	-0.24	-0.1	0.81	-0.22	0.8	0.82	0.81	0.81
Retained Earnings	0.66	0.37		0.92	-0.32	0.52	0.03	0.85	0.62	0.55	0.85	-0.11	-0.17	-0.53	0.94	-0.33	-0.17	0.59	0.81	0.57	-0.13	0.59	-0.1	-0.09	-0.22	-0.16	-0.18	-0.15
Accounts Payable	0.7	0.38	0.92		-0.13	0.49	-0.21	0.9	0.55	0.5	0.76	-0.19	0.03	-0.59	0.88	-0.23	-0.21	0.4	0.78	0.4	0.08	0.44	-0.15	0.04	-0.2	-0.17	-0.17	-0.18
Long Term Debt	0.14	0.23	-0.32	-0.13		0.14	-0.1	-0.01	-0.5	0.02	-0.45	0.1	0.31	0.31	-0.29	0.86	0.33	-0.75	-0.08	-0.69	0.2	-0.67	0.28	-0.08	0.47	0.4	0.41	0.4
Good Will	0.95	0.95	0.52	0.49	0.14		0.5	0.73	-0.13	0.92	0.31	-0.3	0.16	0.15	0.65	0.27	0.66	-0.05	0.86	0.02	-0.3	0.02	0.7	-0.26	0.67	0.71	0.69	0.7
Short Term Investments	0.25	0.45	0.03	-0.21	-0.1	0.5		0.02	-0.43	0.43	-0.1	0.21	-0.2	0.61	0.09	0.3	0.7	-0.12	0.21	-0.12	-0.64	-0.18	0.63	-0.61	0.5	0.59	0.53	0.62
Total Liab	0.87	0.58	0.85	0.9	-0.01	0.73	0.02		0.4	0.79	0.75	-0.33	-0.02	-0.36	0.92	-0.02	0.03	0.31	0.91	0.28	0.02	0.32	0.08	-0.04	0.06	0.1	0.08	0.08
Treasury Stock	0.05	-0.29	0.62	0.55	-0.5	-0.13	-0.43	0.4		0.0	0.69	-0.1	-0.4	-0.87	0.51	-0.66	-0.68	0.84	0.25	0.77	0.11	0.79	-0.59	0.26	-0.67	-0.63	-0.63	-0.64
Intangible Assets	0.88	0.79	0.55	0.5	0.02	0.92	0.43	0.79	0.0		0.53	-0.43	-0.03	0.12	0.75	0.21	0.48	0.16	0.89	0.15	-0.2	0.17	0.45	-0.15	0.47	0.51	0.5	0.49
Common Stock	0.46	0.09	0.85	0.76	-0.45	0.31	-0.1	0.75	0.69	0.53		-0.2	-0.41	-0.49	0.9	-0.4	-0.42	0.78	0.71	0.69	0.01	0.72	-0.39	0.2	-0.45	-0.43	-0.42	-0.44
Property Plant Equipment	-0.37	-0.31	-0.11	-0.19	0.1	-0.3	0.21	-0.33	-0.1	-0.43	-0.2		-0.38	0.1	-0.26	0.02	-0.07	-0.05	-0.41	0.0	-0.54	-0.02	-0.08	-0.32	-0.25	-0.19	-0.28	-0.15
Net Tangible Assets	0.22	0.37	-0.17	0.03	0.31	0.16	-0.2	-0.02	-0.4	-0.03	-0.41	-0.38		0.18	-0.18	0.13	0.28	-0.6	0.02	-0.5	0.38	-0.38	0.33	0.08	0.42	0.39	0.4	0.37
Total Permanent Equity	-0.08	0.21	-0.53	-0.59	0.31	0.15	0.61	-0.36	-0.87	0.12	-0.49	0.1	0.18		-0.39	0.56	0.64	-0.57	-0.19	-0.57	-0.3	-0.6	0.51	-0.36	0.56	0.56	0.54	0.57
Net Receivables	0.77	0.48	0.94	0.88	-0.29	0.65	0.09	0.92	0.51	0.75	0.9	-0.26	-0.18	-0.39		-0.23	-0.08	0.56	0.93	0.53	-0.08	0.55	-0.02	0.03	-0.1	-0.06	-0.07	-0.07
Long Term Debt Total	0.18	0.33	-0.33	-0.23	0.86	0.27	0.3	-0.02	-0.66	0.21	-0.4	0.02	0.13	0.56	-0.23		0.53	-0.72	0.02	-0.71	0.09	-0.72	0.43	-0.2	0.59	0.53	0.55	0.54
Capital Surpluse	0.45	0.76	-0.17	-0.21	0.33	0.66	0.7	0.03	-0.68	0.48	-0.42	-0.07	0.28	0.64	-0.08	0.53		-0.51	0.23	-0.41	-0.47	-0.44	0.9	-0.55	0.92	0.96	0.95	0.97
Deferred Long Term Liab	0.03	-0.23	0.59	0.4	-0.75	-0.05	-0.12	0.31	0.84	0.16	0.78	-0.05	-0.6	-0.57	0.56	-0.72	-0.51		0.31	0.94	-0.21	0.91	-0.51	0.16	-0.59	-0.55	-0.54	-0.56
Total Current Assets	0.93	0.75	0.81	0.78	-0.08	0.86	0.21	0.91	0.25	0.89	0.71	-0.41	0.02	-0.19	0.93	0.02	0.23	0.31		0.32	-0.07	0.34	0.3	0.01	0.27	0.28	0.29	0.27
Short Term Debt	0.09	-0.11	0.57	0.4	-0.69	0.02	-0.12	0.28	0.77	0.15	0.69	0.0	-0.5	-0.57	0.53	-0.71	-0.41	0.94	0.32		-0.3	0.89	-0.39	0.2	-0.46	-0.43	-0.43	-0.44
Net Debt	-0.1	-0.24	-0.13	0.08	0.2	-0.3	-0.64	0.02	0.11	-0.2	0.01	-0.54	0.38	-0.3	-0.08	0.09	-0.47	-0.21	-0.07	-0.3		-0.21	-0.33	0.67	-0.23	-0.32	-0.26	-0.36
Short Long Term Debt	0.12	-0.1	0.59	0.44	-0.67	0.02	-0.18	0.32	0.79	0.17	0.72	-0.02	-0.38	-0.6	0.55	-0.72	-0.44	0.91	0.34	0.89	-0.21		-0.42	0.22	-0.48	-0.46	-0.46	-0.47
Current Deferred Revenue	0.52	0.81	-0.1	-0.15	0.28	0.7	0.63	0.08	-0.59	0.45	-0.39	-0.08	0.33	0.51	-0.02	0.43	0.9	-0.51	0.3	-0.39	-0.33	-0.42		-0.32	0.91	0.94	0.92	0.95
Long Term Investments	-0.09	-0.22	-0.09	0.04	-0.08	-0.26	-0.61	-0.04	0.26	-0.15	0.2	-0.32	0.08	-0.36	0.03	-0.2	-0.55	0.16	0.01	0.2	0.67	0.22	-0.32		-0.27	-0.4	-0.35	-0.45
Cash And Equivalents	0.5	0.8	-0.22	-0.2	0.47	0.67	0.5	0.06	-0.67	0.47	-0.45	-0.25	0.42	0.56	-0.1	0.59	0.92	-0.59	0.27	-0.46	-0.23	-0.48	0.91	-0.27		0.98	0.99	0.97
Net Invested Capital	0.53	0.82	-0.16	-0.17	0.4	0.71	0.59	0.1	-0.63	0.51	-0.43	-0.19	0.39	0.56	-0.06	0.53	0.96	-0.55	0.28	-0.43	-0.32	-0.46	0.94	-0.4	0.98		0.98	1.0
Net Working Capital	0.52	0.81	-0.18	-0.17	0.41	0.69	0.53	0.08	-0.63	0.5	-0.42	-0.28	0.4	0.54	-0.07	0.55	0.95	-0.54	0.29	-0.43	-0.26	-0.46	0.92	-0.35	0.99	0.98		0.98
Capital Stock	0.51	0.81	-0.15	-0.18	0.4	0.7	0.62	0.08	-0.64	0.49	-0.44	-0.15	0.37	0.57	-0.07	0.54	0.97	-0.56	0.27	-0.44	-0.36	-0.47	0.95	-0.45	0.97	1.0	0.98

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Ingersoll Rand

In accordance with the recently published financial statements, Ingersoll Rand has a Beta of 1.435. This is 4.74% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The beta for all United States stocks is notably lower than that of the firm.

Ingersoll Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ingersoll Rand's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ingersoll Rand could also be used in its relative valuation, which is a method of valuing Ingersoll Rand by comparing valuation metrics of similar companies.

Ingersoll Rand is currently under evaluation in beta category among its peers.

Ingersoll Rand ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Ingersoll Rand's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ingersoll Rand's managers, analysts, and investors.

Environmental

Governance

Social

Ingersoll Rand Institutional Holders

Institutional Holdings refers to the ownership stake in Ingersoll Rand that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ingersoll Rand's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ingersoll Rand's value.

		Shares
Geode Capital Management, Llc	2024-12-31	9.6 M
Fisher Asset Management, Llc	2024-12-31	6.8 M
Bank Of New York Mellon Corp	2024-12-31	5.4 M
Morgan Stanley - Brokerage Accounts	2024-12-31	5.4 M
Hhg Plc	2024-12-31	4.9 M
Norges Bank	2024-12-31	4.7 M
Ubs Asset Mgmt Americas Inc	2024-12-31	4.2 M
Northern Trust Corp	2024-12-31	4 M
Wellington Management Company Llp	2024-12-31	4 M
Vanguard Group Inc	2024-12-31	45.7 M
Capital Research & Mgmt Co - Division 3	2024-12-31	36.7 M

As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Ingersoll Rand will likely underperform.

Ingersoll Fundamentals

	Return On Equity	0.0842
	Return On Asset	0.0542
	Profit Margin	0.12 %
	Operating Margin	0.21 %
	Current Valuation	36.7 B
	Shares Outstanding	403.08 M
	Shares Owned By Insiders	0.33 %
	Shares Owned By Institutions	99.99 %
	Number Of Shares Shorted	8.5 M
	Price To Earning	38.81 X
	Price To Book	3.28 X
	Price To Sales	4.65 X
	Revenue	7.24 B
	Gross Profit	3.17 B
	EBITDA	1.83 B
	Net Income	846.3 M
	Cash And Equivalents	1.61 B
	Cash Per Share	3.30 X
	Total Debt	3.1 M
	Debt To Equity	0.32 %
	Current Ratio	2.43 X
	Book Value Per Share	25.27 X
	Cash Flow From Operations	1.4 B
	Short Ratio	3.63 X
	Earnings Per Share	2.06 X
	Price To Earnings To Growth	1.18 X
	Target Price	100.32
	Number Of Employees	21 K
	Beta	1.44
	Market Capitalization	33.61 B
	Total Asset	18.01 B
	Retained Earnings	2.5 B
	Working Capital	2.34 B
	Current Asset	4.61 B
	Current Liabilities	3.65 B
	Annual Yield	0 %
	Five Year Return	1.83 %
	Net Asset	18.01 B
	Last Dividend Paid	0.08

About Ingersoll Rand Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ingersoll Rand's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ingersoll Rand using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ingersoll Rand based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Ingersoll Rand

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ingersoll Rand position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ingersoll Rand will appreciate offsetting losses from the drop in the long position's value.

Moving together with Ingersoll Stock

0.84	BW	Babcock Wilcox Enter	Pair Corr
0.62	CR	Crane Company	Pair Corr

Moving against Ingersoll Stock

0.78	RR	Richtech Robotics Class	Pair Corr
0.6	CYD	China Yuchai Interna Trending	Pair Corr
0.32	CVV	CVD Equipment	Pair Corr

The ability to find closely correlated positions to Ingersoll Rand could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ingersoll Rand when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ingersoll Rand - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ingersoll Rand to buy it.

The correlation of Ingersoll Rand is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ingersoll Rand moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ingersoll Rand moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Ingersoll Rand can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Ingersoll Stock Analysis

When running Ingersoll Rand's price analysis, check to measure Ingersoll Rand'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 Ingersoll Rand is operating at the current time. Most of Ingersoll Rand's value examination focuses on studying past and present price action to predict the probability of Ingersoll Rand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingersoll Rand's price. Additionally, you may evaluate how the addition of Ingersoll Rand to your portfolios can decrease your overall portfolio volatility.

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