Idexx Laboratories Stock Market Value

IDXX Stock  USD 423.60  0.00  0.00%   
IDEXX Laboratories' market value is the price at which a share of IDEXX Laboratories trades on a public exchange. It measures the collective expectations of IDEXX Laboratories investors about its performance. IDEXX Laboratories is trading at 423.60 as of the 24th of March 2025; that is No Change since the beginning of the trading day. The stock's open price was 423.60001.
With this module, you can estimate the performance of a buy and hold strategy of IDEXX Laboratories and determine expected loss or profit from investing in IDEXX Laboratories over a given investment horizon. Check out IDEXX Laboratories Correlation, IDEXX Laboratories Volatility and IDEXX Laboratories Alpha and Beta module to complement your research on IDEXX Laboratories.
For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.
Symbol

IDEXX Laboratories Price To Book Ratio

-1.70K126.7167.4981.3156.0431.0621.3322.40100%
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 IDEXX Laboratories. If investors know IDEXX 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 IDEXX Laboratories 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
0.134
Earnings Share
10.69
Revenue Per Share
47.261
Quarterly Revenue Growth
0.058
Return On Assets
0.2269
The market value of IDEXX Laboratories is measured differently than its book value, which is the value of IDEXX that is recorded on the company's balance sheet. Investors also form their own opinion of IDEXX Laboratories' value that differs from its market value or its book value, called intrinsic value, which is IDEXX Laboratories' 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 IDEXX Laboratories' market value can be influenced by many factors that don't directly affect IDEXX Laboratories' 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 IDEXX Laboratories' value and its price as these two are different measures arrived at by different means. Investors typically determine if IDEXX Laboratories is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IDEXX Laboratories' 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.

IDEXX Laboratories '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 IDEXX Laboratories' 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 IDEXX Laboratories.
0.00
12/24/2024
No Change 0.00  0.0 
In 3 months and 1 day
03/24/2025
0.00
If you would invest  0.00  in IDEXX Laboratories on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding IDEXX Laboratories or generate 0.0% return on investment in IDEXX Laboratories over 90 days. IDEXX Laboratories is related to or competes with Waters, IQVIA Holdings, Charles River, Revvity, Mettler Toledo, Agilent Technologies, and Thermo Fisher. IDEXX Laboratories, Inc. develops, manufactures, and distributes products and services primarily for the companion anima... More

IDEXX Laboratories 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 IDEXX Laboratories' 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 IDEXX Laboratories upside and downside potential and time the market with a certain degree of confidence.

IDEXX Laboratories Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for IDEXX Laboratories' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as IDEXX Laboratories' standard deviation. In reality, there are many statistical measures that can use IDEXX Laboratories historical prices to predict the future IDEXX Laboratories' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of IDEXX Laboratories' 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.
Hype
Prediction
LowEstimatedHigh
418.90420.95423.00
Details
Intrinsic
Valuation
LowRealHigh
401.45403.50463.09
Details
Naive
Forecast
LowNextHigh
435.13437.18439.24
Details
14 Analysts
Consensus
LowTargetHigh
435.55478.62531.27
Details

IDEXX Laboratories Backtested Returns

At this stage we consider IDEXX Stock to be very steady. IDEXX Laboratories holds Efficiency (Sharpe) Ratio of 0.0288, which attests that the entity had a 0.0288 % return per unit of return volatility over the last 3 months. We have found twenty technical indicators for IDEXX Laboratories, which you can use to evaluate the volatility of the firm. Please check out IDEXX Laboratories' Market Risk Adjusted Performance of (0.06), coefficient of variation of (10,392), and insignificant Risk Adjusted Performance to validate if the risk estimate we provide is consistent with the expected return of 0.0593%. IDEXX Laboratories has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.4, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, IDEXX Laboratories' returns are expected to increase less than the market. However, during the bear market, the loss of holding IDEXX Laboratories is expected to be smaller as well. IDEXX Laboratories at this time retains a risk of 2.06%. Please check out IDEXX Laboratories mean deviation, total risk alpha, as well as the relationship between the Total Risk Alpha and rate of daily change , to decide if IDEXX Laboratories will be following its current trending patterns.

Auto-correlation

    
  -0.56  

Good reverse predictability

IDEXX Laboratories has good reverse predictability. Overlapping area represents the amount of predictability between IDEXX Laboratories time series from 24th of December 2024 to 7th of February 2025 and 7th of February 2025 to 24th of March 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 IDEXX Laboratories price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current IDEXX Laboratories price fluctuation can be explain by its past prices.
Correlation Coefficient-0.56
Spearman Rank Test-0.7
Residual Average0.0
Price Variance293.94
IDEXX ReturnsIDEXX Lagged ReturnsDiversified AwayIDEXX ReturnsIDEXX Lagged ReturnsDiversified Away100%

IDEXX Laboratories lagged returns against current returns

Autocorrelation, which is IDEXX Laboratories 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 IDEXX Laboratories' stock expected returns. We can calculate the autocorrelation of IDEXX Laboratories returns to help us make a trade decision. For example, suppose you find that IDEXX Laboratories 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   
JavaScript chart by amCharts 3.21.15Feb 10Feb 17Feb 24MarMar 10Mar 17Mar 24-10%-5%0%5%10%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
       Timeline  

IDEXX Laboratories 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 IDEXX Laboratories stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if IDEXX Laboratories stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in IDEXX Laboratories stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15Feb 10Feb 17Feb 24MarMar 10Mar 17Mar 24410420430440450460
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
       Timeline  

IDEXX Laboratories Lagged Returns

When evaluating IDEXX Laboratories' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of IDEXX Laboratories stock have on its future price. IDEXX Laboratories 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, IDEXX Laboratories autocorrelation shows the relationship between IDEXX Laboratories stock current value and its past values and can show if there is a momentum factor associated with investing in IDEXX Laboratories.
   Regressed Prices   
JavaScript chart by amCharts 3.21.152025FebMar410420430440450460470
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       Timeline  

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Additional Tools for IDEXX Stock Analysis

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