Ingersoll Rand Stock Probability of Future Stock Price Finishing Under 88.32
| IR Stock | USD 89.57 1.31 1.44% |
Closest to current price Ingersoll long CALL Option Payoff at Expiration
Ingersoll |
Ingersoll Rand Target Price Odds to finish below 88.32
The tendency of Ingersoll Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 88.32 or more in 90 days |
| 89.57 | 90 days | 88.32 | about 51.46 |
Based on a normal probability distribution, the odds of Ingersoll Rand to drop to $ 88.32 or more in 90 days from now is about 51.46 (This Ingersoll Rand probability density function shows the probability of Ingersoll Stock to fall within a particular range of prices over 90 days) . Probability of Ingersoll Rand price to stay between $ 88.32 and its current price of $89.57 at the end of the 90-day period is about 8.91 .
Allowing for the 90-day total investment horizon the stock has the beta coefficient of 1.17 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ingersoll Rand will likely underperform. Additionally Ingersoll Rand has an alpha of 0.1649, implying that it can generate a 0.16 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). Ingersoll Rand Price Density |
| Price |
Predictive Modules for Ingersoll Rand
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Ingersoll Rand. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ingersoll Rand'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.
Ingersoll Rand Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Ingersoll Rand is not an exception. The market had few large corrections towards the Ingersoll Rand's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Ingersoll Rand, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Ingersoll Rand within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.16 | |
β | Beta against NYSE Composite | 1.17 | |
σ | Overall volatility | 5.52 | |
Ir | Information ratio | 0.15 |
Ingersoll Rand Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Ingersoll Rand for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Ingersoll Rand can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Ingersoll Rand is unlikely to experience financial distress in the next 2 years | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 28th of March 2024 Ingersoll Rand paid $ 0.02 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: Q4 Inc. trace une nouvelle voie ambitieuse pour les relations avec les investisseurs grce sa plateforme IR Ops base sur lIA |
Ingersoll Rand Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Ingersoll Stock often depends not only on the future outlook of the current and potential Ingersoll Rand's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Ingersoll Rand's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 409 M | |
| Cash And Short Term Investments | 1.6 B |
Ingersoll Rand Technical Analysis
Ingersoll Rand's future price can be derived by breaking down and analyzing its technical indicators over time. Ingersoll Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Ingersoll Rand. In general, you should focus on analyzing Ingersoll Stock price patterns and their correlations with different microeconomic environments and drivers.
Ingersoll Rand Predictive Forecast Models
Ingersoll Rand's time-series forecasting models is one of many Ingersoll Rand's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Ingersoll Rand's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Ingersoll Rand
Checking the ongoing alerts about Ingersoll Rand for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Ingersoll Rand help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Ingersoll Rand is unlikely to experience financial distress in the next 2 years | |
| Over 97.0% of the company shares are owned by institutional investors | |
| On 28th of March 2024 Ingersoll Rand paid $ 0.02 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: Q4 Inc. trace une nouvelle voie ambitieuse pour les relations avec les investisseurs grce sa plateforme IR Ops base sur lIA |
Check out Ingersoll Rand Backtesting, Ingersoll Rand Valuation, Ingersoll Rand Correlation, Ingersoll Rand Hype Analysis, Ingersoll Rand Volatility, Ingersoll Rand History as well as Ingersoll Rand Performance. To learn how to invest in Ingersoll Stock, please use our How to Invest in Ingersoll Rand guide.You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for Ingersoll Stock analysis
When running Ingersoll Rand's price analysis, check to measure Ingersoll Rand'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 Ingersoll Rand is operating at the current time. Most of Ingersoll Rand's value examination focuses on studying past and present price action to predict the probability of Ingersoll Rand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ingersoll Rand's price. Additionally, you may evaluate how the addition of Ingersoll Rand to your portfolios can decrease your overall portfolio volatility.
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Is Ingersoll Rand's industry 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 Ingersoll Rand. If investors know Ingersoll 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 Ingersoll Rand 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 0.046 | Dividend Share 0.08 | Earnings Share 1.9 | Revenue Per Share 16.986 | Quarterly Revenue Growth 0.122 |
The market value of Ingersoll Rand is measured differently than its book value, which is the value of Ingersoll that is recorded on the company's balance sheet. Investors also form their own opinion of Ingersoll Rand's value that differs from its market value or its book value, called intrinsic value, which is Ingersoll Rand'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 Ingersoll Rand's market value can be influenced by many factors that don't directly affect Ingersoll Rand'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 Ingersoll Rand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingersoll Rand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingersoll Rand'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.