Ingersoll Rand Plc retains Market Risk Adjusted Performance of 0.8201 and Risk Adjusted Performance of 0.038376. Ingersoll Rand technical analysis makes it possible for you to employ historical prices and volume momentum with intention to determine a pattern that calculates the direction of the corporation future prices. In other words you can use this information to find out if the corporation will indeed mirror its model of historical price patterns or the prices will eventually revert. We found nineteen technical drivers for Ingersoll Rand Plc which can be compared to its competitors. Please check out Ingersoll Rand PlcInformation Ratio as well as the relationship between Potential Upside and Kurtosis to decide if Ingersoll Rand is priced fairly providing market reflects its last-minute price of 88.99 per share. Given that Ingersoll Rand Plc has Jensen Alpha of 0.061208, we strongly advise you confirm Ingersoll Rand Plc regular market performance to make sure the company can sustain itself at future point.
The output start index for this execution was twelve with a total number of output elements of five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Ingersoll Rand Plc volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.
Ingersoll Rand Plc Trend Analysis
Use this graph to draw trend lines for Ingersoll Rand Plc. You can use it to identify possible trend reversals for Ingersoll Rand as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Ingersoll Rand price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.
Ingersoll Rand Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Ingersoll Rand Plc applied against its price change over selected period. The best fit line has a slop of 0.11 % which suggests that Ingersoll Rand Plc will keep on generating value for investors. It has 34 observation points and a regression sum of squares at 10.76, which is the sum of squared deviations for the predicted Ingersoll Rand price change compared to its average price change.
Did you try this?
Run Focused Opportunities Now
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Ingersoll Rand Plc is rated below average in mean deviation category among related companies. It is rated fifth overall in standard deviation category among related companies creating about 1.50 of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Ingersoll Rand Plc is roughly 1.50