Insteel Industries Stock Market Value
| IIIN Stock | USD 27.03 0.84 3.21% |
| Symbol | Insteel |
Insteel Industries Price To Book Ratio
Is Building Products 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 Insteel Industries. If investors know Insteel 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 Insteel Industries 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 (0.04) | Dividend Share 0.12 | Earnings Share 0.99 | Revenue Per Share | Quarterly Revenue Growth 0.066 |
The market value of Insteel Industries is measured differently than its book value, which is the value of Insteel that is recorded on the company's balance sheet. Investors also form their own opinion of Insteel Industries' value that differs from its market value or its book value, called intrinsic value, which is Insteel Industries' 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 Insteel Industries' market value can be influenced by many factors that don't directly affect Insteel Industries' 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 Insteel Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Insteel Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insteel Industries' 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.
Insteel Industries '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 Insteel Industries' 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 Insteel Industries.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Insteel Industries on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Insteel Industries or generate 0.0% return on investment in Insteel Industries over 90 days. Insteel Industries is related to or competes with Mayville Engineering, Gulf Island, ESAB Corp, Northwest Pipe, Carpenter Technology, Mueller Industries, and Tredegar. Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for c... More
Insteel Industries 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 Insteel Industries' 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 Insteel Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0) | |||
| Maximum Drawdown | 14.41 | |||
| Value At Risk | (3.15) | |||
| Potential Upside | 3.46 |
Insteel Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Insteel Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Insteel Industries' standard deviation. In reality, there are many statistical measures that can use Insteel Industries historical prices to predict the future Insteel Industries' volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | 0.0123 | |||
| Total Risk Alpha | 0.1875 | |||
| Treynor Ratio | (0.1) |
Insteel Industries Backtested Returns
Insteel Industries holds Efficiency (Sharpe) Ratio of -0.0562, which attests that the entity had a -0.0562 % return per unit of risk over the last 3 months. Insteel Industries exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Insteel Industries' Risk Adjusted Performance of (0.03), standard deviation of 2.4, and Market Risk Adjusted Performance of (0.09) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.15, which attests to a somewhat significant risk relative to the market. Insteel Industries returns are very sensitive to returns on the market. As the market goes up or down, Insteel Industries is expected to follow. At this point, Insteel Industries has a negative expected return of -0.14%. Please make sure to check out Insteel Industries' treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Insteel Industries performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.47 |
Modest reverse predictability
Insteel Industries has modest reverse predictability. Overlapping area represents the amount of predictability between Insteel Industries time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Insteel Industries price movement. The serial correlation of -0.47 indicates that about 47.0% of current Insteel Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 1.97 |
Insteel Industries lagged returns against current returns
Autocorrelation, which is Insteel Industries 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 Insteel Industries' stock expected returns. We can calculate the autocorrelation of Insteel Industries returns to help us make a trade decision. For example, suppose you find that Insteel Industries 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 |
Insteel Industries 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 Insteel Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Insteel Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Insteel Industries stock over time.
Current vs Lagged Prices |
| Timeline |
Insteel Industries Lagged Returns
When evaluating Insteel Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Insteel Industries stock have on its future price. Insteel Industries 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, Insteel Industries autocorrelation shows the relationship between Insteel Industries stock current value and its past values and can show if there is a momentum factor associated with investing in Insteel Industries.
Regressed Prices |
| Timeline |
When determining whether Insteel Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Insteel Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Insteel Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Insteel Industries Stock:
Check out Insteel Industries Correlation, Insteel Industries Volatility and Insteel Industries Alpha and Beta module to complement your research on Insteel Industries. To learn how to invest in Insteel Stock, please use our How to Invest in Insteel Industries guide.You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Insteel Industries 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.