Installed Building Products Stock Market Value
| IBP Stock | USD 237.11 1.66 0.70% |
| Symbol | Installed |
Installed Building Price To Book Ratio
Is Household Durables 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 Installed Building. If investors know Installed 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 Installed Building 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 0.055 | Dividend Share 1.36 | Earnings Share 8.95 | Revenue Per Share 101.389 | Quarterly Revenue Growth 0.066 |
The market value of Installed Building is measured differently than its book value, which is the value of Installed that is recorded on the company's balance sheet. Investors also form their own opinion of Installed Building's value that differs from its market value or its book value, called intrinsic value, which is Installed Building'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 Installed Building's market value can be influenced by many factors that don't directly affect Installed Building'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 Installed Building's value and its price as these two are different measures arrived at by different means. Investors typically determine if Installed Building is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Installed Building'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.
Installed Building '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 Installed Building'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 Installed Building.
| 08/09/2024 |
| 10/08/2024 |
If you would invest 0.00 in Installed Building on August 9, 2024 and sell it all today you would earn a total of 0.00 from holding Installed Building Products or generate 0.0% return on investment in Installed Building over 60 days. Installed Building is related to or competes with Century Communities, MI Homes, Taylor Morn, TRI Pointe, Beazer Homes, LGI Homes, and Meritage. Installed Building Products, Inc., together with its subsidiaries, engages in the installation of insulation, waterproof... More
Installed Building 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 Installed Building'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 Installed Building Products upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.41 | |||
| Information Ratio | 0.065 | |||
| Maximum Drawdown | 20.6 | |||
| Value At Risk | (3.94) | |||
| Potential Upside | 6.69 |
Installed Building Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Installed Building's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Installed Building's standard deviation. In reality, there are many statistical measures that can use Installed Building historical prices to predict the future Installed Building's volatility.| Risk Adjusted Performance | 0.085 | |||
| Jensen Alpha | 0.0892 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0654 | |||
| Treynor Ratio | 0.1253 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Installed Building'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.
Installed Building Backtested Returns
Installed Building appears to be very steady, given 3 months investment horizon. Installed Building holds Efficiency (Sharpe) Ratio of 0.0724, which attests that the entity had a 0.0724% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Installed Building, which you can use to evaluate the volatility of the firm. Please utilize Installed Building's Market Risk Adjusted Performance of 0.1353, risk adjusted performance of 0.085, and Downside Deviation of 3.41 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Installed Building holds a performance score of 5. The company retains a Market Volatility (i.e., Beta) of 2.49, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Installed Building will likely underperform. Please check Installed Building's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Installed Building's current trending patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
Installed Building Products has below average predictability. Overlapping area represents the amount of predictability between Installed Building time series from 9th of August 2024 to 8th of September 2024 and 8th of September 2024 to 8th of October 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 Installed Building price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Installed Building price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 212.99 |
Installed Building lagged returns against current returns
Autocorrelation, which is Installed Building 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 Installed Building's stock expected returns. We can calculate the autocorrelation of Installed Building returns to help us make a trade decision. For example, suppose you find that Installed Building 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 |
Installed Building 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 Installed Building stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Installed Building stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Installed Building stock over time.
Current vs Lagged Prices |
| Timeline |
Installed Building Lagged Returns
When evaluating Installed Building's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Installed Building stock have on its future price. Installed Building 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, Installed Building autocorrelation shows the relationship between Installed Building stock current value and its past values and can show if there is a momentum factor associated with investing in Installed Building Products.
Regressed Prices |
| Timeline |
Pair Trading with Installed Building
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 Installed Building 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 Installed Building will appreciate offsetting losses from the drop in the long position's value.Moving together with Installed Stock
The ability to find closely correlated positions to Installed Building could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Installed Building 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 Installed Building - 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 Installed Building Products to buy it.
The correlation of Installed Building 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 Installed Building moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Installed Building 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 Installed Building 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 Installed Stock Analysis
When running Installed Building's price analysis, check to measure Installed Building'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 Installed Building is operating at the current time. Most of Installed Building's value examination focuses on studying past and present price action to predict the probability of Installed Building's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Installed Building's price. Additionally, you may evaluate how the addition of Installed Building to your portfolios can decrease your overall portfolio volatility.