Inspire Veterinary Partners, Stock Market Value
| IVP Stock | 0.21 0 0.90% |
| Symbol | Inspire |
Inspire Veterinary Price To Book Ratio
Is Health Care Providers & Services 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 Inspire Veterinary. If investors know Inspire 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 Inspire Veterinary listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (224.25) | Revenue Per Share 7.525 | Quarterly Revenue Growth (0.02) | Return On Assets (0.26) |
The market value of Inspire Veterinary is measured differently than its book value, which is the value of Inspire that is recorded on the company's balance sheet. Investors also form their own opinion of Inspire Veterinary's value that differs from its market value or its book value, called intrinsic value, which is Inspire Veterinary'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 Inspire Veterinary's market value can be influenced by many factors that don't directly affect Inspire Veterinary'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 Inspire Veterinary's value and its price as these two are different measures arrived at by different means. Investors typically determine if Inspire Veterinary is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inspire Veterinary'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.
Inspire Veterinary '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 Inspire Veterinary'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 Inspire Veterinary.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Inspire Veterinary on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Inspire Veterinary Partners, or generate 0.0% return on investment in Inspire Veterinary over 30 days. Inspire Veterinary is related to or competes with John Wiley, Ihuman, Bright Scholar, Treasury Wine, Acco Brands, Coursera, and Constellation Brands. Inspire Veterinary is entity of United States More
Inspire Veterinary 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 Inspire Veterinary'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 Inspire Veterinary Partners, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.23) | |||
| Maximum Drawdown | 45.16 | |||
| Value At Risk | (13.16) | |||
| Potential Upside | 9.52 |
Inspire Veterinary Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inspire Veterinary's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inspire Veterinary's standard deviation. In reality, there are many statistical measures that can use Inspire Veterinary historical prices to predict the future Inspire Veterinary's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (1.97) | |||
| Total Risk Alpha | (3.42) | |||
| Treynor Ratio | (29.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Inspire Veterinary'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.
Inspire Veterinary Backtested Returns
Inspire Veterinary holds Efficiency (Sharpe) Ratio of -0.2, which attests that the entity had a -0.2% return per unit of risk over the last 3 months. Inspire Veterinary exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Inspire Veterinary's Market Risk Adjusted Performance of (29.23), standard deviation of 9.18, and Risk Adjusted Performance of (0.14) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0671, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Inspire Veterinary's returns are expected to increase less than the market. However, during the bear market, the loss of holding Inspire Veterinary is expected to be smaller as well. At this point, Inspire Veterinary has a negative expected return of -1.88%. Please make sure to check out Inspire Veterinary's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Inspire Veterinary performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.08 |
Very weak reverse predictability
Inspire Veterinary Partners, has very weak reverse predictability. Overlapping area represents the amount of predictability between Inspire Veterinary time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Inspire Veterinary price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Inspire Veterinary price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Inspire Veterinary lagged returns against current returns
Autocorrelation, which is Inspire Veterinary 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 Inspire Veterinary's stock expected returns. We can calculate the autocorrelation of Inspire Veterinary returns to help us make a trade decision. For example, suppose you find that Inspire Veterinary 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 |
Inspire Veterinary 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 Inspire Veterinary stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inspire Veterinary stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inspire Veterinary stock over time.
Current vs Lagged Prices |
| Timeline |
Inspire Veterinary Lagged Returns
When evaluating Inspire Veterinary's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inspire Veterinary stock have on its future price. Inspire Veterinary 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, Inspire Veterinary autocorrelation shows the relationship between Inspire Veterinary stock current value and its past values and can show if there is a momentum factor associated with investing in Inspire Veterinary Partners,.
Regressed Prices |
| Timeline |
Pair Trading with Inspire Veterinary
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 Inspire Veterinary 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 Inspire Veterinary will appreciate offsetting losses from the drop in the long position's value.Moving together with Inspire Stock
| 0.67 | CI | Cigna Corp Downward Rally | PairCorr |
Moving against Inspire Stock
| 0.74 | MD | Mednax Inc | PairCorr |
| 0.73 | ELMD | Electromed | PairCorr |
| 0.71 | ECOR | Electrocore LLC | PairCorr |
| 0.6 | DOCS | Doximity | PairCorr |
| 0.6 | VREX | Varex Imaging Corp | PairCorr |
The ability to find closely correlated positions to Inspire Veterinary could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inspire Veterinary 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 Inspire Veterinary - 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 Inspire Veterinary Partners, to buy it.
The correlation of Inspire Veterinary 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 Inspire Veterinary moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inspire Veterinary 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 Inspire Veterinary 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.Additional Tools for Inspire Stock Analysis
When running Inspire Veterinary's price analysis, check to measure Inspire Veterinary'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 Inspire Veterinary is operating at the current time. Most of Inspire Veterinary's value examination focuses on studying past and present price action to predict the probability of Inspire Veterinary's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inspire Veterinary's price. Additionally, you may evaluate how the addition of Inspire Veterinary to your portfolios can decrease your overall portfolio volatility.