Ingersoll Rand Backtesting

Ingersoll Rand Plc -- USA Stock  

USD 90.33  0.6  0.66%

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Ingersoll Rand Plc and determine expected loss or profit from investing in Ingersoll Rand over given investment horizon. Please also check Ingersoll Rand Hype Analysis, Ingersoll Rand Correlation, Ingersoll Rand Valuation, Ingersoll Rand Volatility as well as analyze Ingersoll Rand Alpha and Beta and Ingersoll Rand Performance
 Time Horizon     30 Days    Login   to change

Ingersoll Rand 'What if' Analysis

December 22, 2017
No Change 0.00  0.0%
In 31 days
January 21, 2018
If you would invest  0.00  in Ingersoll Rand on December 22, 2017 and sell it all today you would earn a total of 0.00 from holding Ingersoll Rand Plc or generate 0.0% return on investment in Ingersoll Rand over 30 days. Ingersoll Rand is related to or competes with Crane, Hyster Yale, Parker Hannifin, Deswell Industries, and A O. IngersollRand Plcs Climate segment offers building management, bus and rail HVAC, control, container and cryogenic refri...

Ingersoll Rand Upside/Downside Indicators


Ingersoll Rand Market Premium Indicators

Ingersoll Rand Plc lagged returns against current returns

 Current and Lagged Values 

Ingersoll Rand regressed lagged prices vs. current prices

 Current vs Lagged Prices 

Ingersoll Rand Plc Backtested Returns

We consider Ingersoll Rand not too risky. Ingersoll Rand Plc holds Efficiency (Sharpe) Ratio of 0.1098 which attests that Ingersoll Rand Plc had 0.1098% of return per unit of risk over the last 1 month. Our philosophy towards determining volatility of a stock is to use all available market data together with company specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Ingersoll Rand Plc which you can use to evaluate future volatility of the corporation. Please check out Ingersoll Rand Downside Deviation of 0.6579, Market Risk Adjusted Performance of (9.74) and Risk Adjusted Performance of 0.1059 to validate if risk estimate we provide are consistent with the epected return of 0.0735%. Ingersoll Rand has performance score of 7 on a scale of 0 to 100. The company retains Market Volatility (i.e. Beta) of -0.022 which attests that as returns on market increase, returns on owning Ingersoll Rand are expected to decrease at a much smaller rate. During bear market, Ingersoll Rand is likely to outperform the market.. Although it is extremely important to respect Ingersoll Rand Plc current price history, it is better to be realistic regarding the information on equity current price movements. The philosophy towards determining future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By evaluating Ingersoll Rand Plc technical indicators you can presently evaluate if the expected return of 0.0735% will be sustainable into the future. Ingersoll Rand Plc right now retains a risk of 0.6688%. Please check out Ingersoll Rand Information Ratio as well as the relationship between Potential Upside and Kurtosis to decide if Ingersoll Rand will be following its current trending patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation(0.38) 

Poor reverse predictability

Ingersoll Rand Plc has poor reverse predictability. Overlapping area represents the amount of predictability between Ingersoll Rand time series from December 22, 2017 to January 6, 2018 and January 6, 2018 to January 21, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Ingersoll Rand Plc price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Ingersoll Rand price fluctuation can be explain by its past prices. Given that Ingersoll Rand Plc has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Ingersoll Rand for similar time interval.
Correlation Coefficient -0.38
Spearman Rank Test 0.6
Price Variance 0.29
Lagged Price Variance 0.23

Ingersoll Rand Lagged Returns

 Regressed Prices 

Ingersoll Rand Performance vs DOW

The median price of Ingersoll Rand for the period between Fri, Dec 22, 2017 and Sun, Jan 21, 2018 is 90.18 with a coefficient of variation of 1.55. The daily time series for the period is distributed with a sample standard deviation of 1.39, arithmetic mean of 89.7, and mean deviation of 1.05. The Stock received some media coverage during the period.
Price Growth (%)  
Ingersoll-Rand Plc Disecting current projections12/26/2017
Payment of 886 shares by Didier Teirlinck of Ingersoll Rand ...01/19/2018