Intrepid Potash Stock Market Value
| IPI Stock | USD 25.15 0.32 1.26% |
| Symbol | Intrepid |
Intrepid Potash Price To Book Ratio
Is Fertilizers & Agricultural Chemicals 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 Intrepid Potash. If investors know Intrepid 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 Intrepid Potash 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 (0.81) | Earnings Share (3.39) | Revenue Per Share 17.307 | Quarterly Revenue Growth (0.13) | Return On Assets (0.0009) |
The market value of Intrepid Potash is measured differently than its book value, which is the value of Intrepid that is recorded on the company's balance sheet. Investors also form their own opinion of Intrepid Potash's value that differs from its market value or its book value, called intrinsic value, which is Intrepid Potash'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 Intrepid Potash's market value can be influenced by many factors that don't directly affect Intrepid Potash'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 Intrepid Potash's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intrepid Potash is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intrepid Potash'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.
Intrepid Potash '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 Intrepid Potash'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 Intrepid Potash.
| 12/12/2023 |
| 06/09/2024 |
If you would invest 0.00 in Intrepid Potash on December 12, 2023 and sell it all today you would earn a total of 0.00 from holding Intrepid Potash or generate 0.0% return on investment in Intrepid Potash over 180 days. Intrepid Potash is related to or competes with Mosaic, Nutrien, Corteva, FMC, CF Industries, ICL Israel, and Bioceres Crop. Intrepid Potash, Inc., together with its subsidiaries, engages in the extraction and production of the potash in the Uni... More
Intrepid Potash 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 Intrepid Potash'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 Intrepid Potash upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.45 | |||
| Information Ratio | 0.0815 | |||
| Maximum Drawdown | 22.9 | |||
| Value At Risk | (4.67) | |||
| Potential Upside | 5.75 |
Intrepid Potash Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intrepid Potash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intrepid Potash's standard deviation. In reality, there are many statistical measures that can use Intrepid Potash historical prices to predict the future Intrepid Potash's volatility.| Risk Adjusted Performance | 0.062 | |||
| Jensen Alpha | 0.2787 | |||
| Total Risk Alpha | 0.2521 | |||
| Sortino Ratio | 0.0832 | |||
| Treynor Ratio | 0.1383 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intrepid Potash'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.
Intrepid Potash Backtested Returns
Intrepid Potash appears to be not too volatile, given 3 months investment horizon. Intrepid Potash holds Efficiency (Sharpe) Ratio of 0.12, which attests that the entity had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Intrepid Potash, which you can use to evaluate the volatility of the firm. Please utilize Intrepid Potash's Downside Deviation of 3.45, risk adjusted performance of 0.062, and Market Risk Adjusted Performance of 0.1483 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Intrepid Potash holds a performance score of 9. The company retains a Market Volatility (i.e., Beta) of 2.13, 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, Intrepid Potash will likely underperform. Please check Intrepid Potash's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Intrepid Potash's current trending patterns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Intrepid Potash has insignificant reverse predictability. Overlapping area represents the amount of predictability between Intrepid Potash time series from 12th of December 2023 to 11th of March 2024 and 11th of March 2024 to 9th of June 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 Intrepid Potash price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Intrepid Potash price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 8.26 |
Intrepid Potash lagged returns against current returns
Autocorrelation, which is Intrepid Potash 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 Intrepid Potash's stock expected returns. We can calculate the autocorrelation of Intrepid Potash returns to help us make a trade decision. For example, suppose you find that Intrepid Potash 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 |
Intrepid Potash 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 Intrepid Potash stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intrepid Potash stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intrepid Potash stock over time.
Current vs Lagged Prices |
| Timeline |
Intrepid Potash Lagged Returns
When evaluating Intrepid Potash's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intrepid Potash stock have on its future price. Intrepid Potash 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, Intrepid Potash autocorrelation shows the relationship between Intrepid Potash stock current value and its past values and can show if there is a momentum factor associated with investing in Intrepid Potash.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Intrepid Stock
When determining whether Intrepid Potash offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intrepid Potash's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Intrepid Potash Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intrepid Potash Stock:Check out Intrepid Potash Correlation, Intrepid Potash Volatility and Intrepid Potash Alpha and Beta module to complement your research on Intrepid Potash. For more detail on how to invest in Intrepid Stock please use our How to Invest in Intrepid Potash guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Intrepid Potash technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.