Inspired Plc's market value is the price at which a share of Inspired Plc trades on a public exchange. It measures the collective expectations of Inspired Plc investors about its performance. Inspired Plc is selling for under 45.00 as of the 8th of January 2025; that is 6.25 percent decrease since the beginning of the trading day. The stock's lowest day price was 44.0. With this module, you can estimate the performance of a buy and hold strategy of Inspired Plc and determine expected loss or profit from investing in Inspired Plc over a given investment horizon. Check out Inspired Plc Correlation, Inspired Plc Volatility and Inspired Plc Alpha and Beta module to complement your research on Inspired Plc.
Please note, there is a significant difference between Inspired Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspired Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspired Plc'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 Plc '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 Plc'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 Plc.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Inspired Plc'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 Plc upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inspired Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inspired Plc's standard deviation. In reality, there are many statistical measures that can use Inspired Plc historical prices to predict the future Inspired Plc's volatility.
Currently, Inspired Plc is very steady. Inspired Plc holds Efficiency (Sharpe) Ratio of 0.0272, which attests that the entity had a 0.0272% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Inspired Plc, which you can use to evaluate the volatility of the firm. Please check out Inspired Plc's Downside Deviation of 3.21, market risk adjusted performance of 4.74, and Risk Adjusted Performance of 0.0474 to validate if the risk estimate we provide is consistent with the expected return of 0.0975%. Inspired Plc has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.033, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Inspired Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inspired Plc is expected to be smaller as well. Inspired Plc right now retains a risk of 3.59%. Please check out Inspired Plc treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Inspired Plc will be following its current trending patterns.
Auto-correlation
0.44
Average predictability
Inspired Plc has average predictability. Overlapping area represents the amount of predictability between Inspired Plc time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 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 Inspired Plc price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Inspired Plc price fluctuation can be explain by its past prices.
Correlation Coefficient
0.44
Spearman Rank Test
0.1
Residual Average
0.0
Price Variance
5.73
Inspired Plc lagged returns against current returns
Autocorrelation, which is Inspired Plc 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 Plc's stock expected returns. We can calculate the autocorrelation of Inspired Plc returns to help us make a trade decision. For example, suppose you find that Inspired Plc 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 Plc 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 Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inspired Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inspired Plc stock over time.
Current vs Lagged Prices
Timeline
Inspired Plc Lagged Returns
When evaluating Inspired Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inspired Plc stock have on its future price. Inspired Plc 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 Plc autocorrelation shows the relationship between Inspired Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Inspired Plc.
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 running Inspired Plc's price analysis, check to measure Inspired Plc'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 Inspired Plc is operating at the current time. Most of Inspired Plc's value examination focuses on studying past and present price action to predict the probability of Inspired Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspired Plc's price. Additionally, you may evaluate how the addition of Inspired Plc to your portfolios can decrease your overall portfolio volatility.