Innospec Net Working Capital from 2010 to 2024

IOSP Stock  USD 111.13  2.22  2.04%   
Innospec Net Working Capital yearly trend continues to be relatively stable with very little volatility. Net Working Capital is likely to drop to about 421.2 M. During the period from 2010 to 2024, Innospec Net Working Capital destribution of quarterly values had range of 214.3 M from its regression line and mean deviation of  56,985,778. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
514.2 M
Current Value
421.2 M
Quarterly Volatility
70.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Innospec financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Innospec's main balance sheet or income statement drivers, such as Depreciation And Amortization of 31.2 M, Interest Expense of 4 M or Selling General Administrative of 401.2 M, as well as many indicators such as Price To Sales Ratio of 1.65, Dividend Yield of 0.0095 or PTB Ratio of 2.8. Innospec financial statements analysis is a perfect complement when working with Innospec Valuation or Volatility modules.
  
Check out the analysis of Innospec Correlation against competitors.
To learn how to invest in Innospec Stock, please use our How to Invest in Innospec guide.

Latest Innospec's Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Innospec over the last few years. It is Innospec's Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Innospec's overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Innospec Net Working Capital Regression Statistics

Arithmetic Mean346,719,333
Geometric Mean340,891,385
Coefficient Of Variation20.32
Mean Deviation56,985,778
Median299,900,000
Standard Deviation70,437,791
Sample Variance4961.5T
Range214.3M
R-Value0.79
Mean Square Error1980.4T
R-Squared0.63
Significance0.0004
Slope12,495,107
Total Sum of Squares69460.8T

Innospec Net Working Capital History

2024421.2 M
2023514.2 M
2022466.8 M
2021391.5 M
2020313.8 M
2019326.8 M
2018367.3 M

About Innospec Financial Statements

Innospec shareholders use historical fundamental indicators, such as Net Working Capital, to determine how well the company is positioned to perform in the future. Although Innospec investors may analyze each financial statement separately, they are all interrelated. The changes in Innospec's assets and liabilities, for example, are also reflected in the revenues and expenses on on Innospec's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Working Capital514.2 M421.2 M

Pair Trading with Innospec

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 Innospec 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 Innospec will appreciate offsetting losses from the drop in the long position's value.

Moving together with Innospec Stock

  0.71CC ChemoursPairCorr
The ability to find closely correlated positions to Innospec could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innospec 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 Innospec - 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 Innospec to buy it.
The correlation of Innospec 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 Innospec moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innospec 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 Innospec 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 CorrelationCorrelation Matching

Additional Tools for Innospec Stock Analysis

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