Insight Enterprises Stock Market Value
| NSIT Stock | USD 184.36 1.91 1.03% |
| Symbol | Insight |
Insight Enterprises Price To Book Ratio
Is Insight Enterprises' 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 Insight Enterprises. If investors know Insight 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 Insight Enterprises 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 0.133 | Earnings Share 7.54 | Revenue Per Share 278.132 | Quarterly Revenue Growth (0.11) | Return On Assets 0.0475 |
The market value of Insight Enterprises is measured differently than its book value, which is the value of Insight that is recorded on the company's balance sheet. Investors also form their own opinion of Insight Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Insight Enterprises' 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 Insight Enterprises' market value can be influenced by many factors that don't directly affect Insight Enterprises' 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 Insight Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Insight Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Insight Enterprises' 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.
Insight Enterprises '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 Insight Enterprises' 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 Insight Enterprises.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Insight Enterprises on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Insight Enterprises or generate 0.0% return on investment in Insight Enterprises over 30 days. Insight Enterprises is related to or competes with Arrow Electronics, Avnet, Synnex, ScanSource, Snap One, Taitron Components, and Climb Global. Insight Enterprises, Inc., together with its subsidiaries, provides information technology hardware, software, and servi... More
Insight Enterprises 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 Insight Enterprises' 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 Insight Enterprises upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.55 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.23 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 1.8 |
Insight Enterprises Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Insight Enterprises' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Insight Enterprises' standard deviation. In reality, there are many statistical measures that can use Insight Enterprises historical prices to predict the future Insight Enterprises' volatility.| Risk Adjusted Performance | 0.011 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0026 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Insight Enterprises' 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.
Insight Enterprises Backtested Returns
We consider Insight Enterprises very steady. Insight Enterprises holds Efficiency (Sharpe) Ratio of 0.0036, which attests that the entity had a 0.0036% return per unit of risk over the last 3 months. We have found thirty technical indicators for Insight Enterprises, which you can use to evaluate the volatility of the firm. Please check out Insight Enterprises' Downside Deviation of 1.55, risk adjusted performance of 0.011, and Market Risk Adjusted Performance of 0.0126 to validate if the risk estimate we provide is consistent with the expected return of 0.0046%. The company retains a Market Volatility (i.e., Beta) of 0.82, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Insight Enterprises' returns are expected to increase less than the market. However, during the bear market, the loss of holding Insight Enterprises is expected to be smaller as well. Insight Enterprises right now retains a risk of 1.3%. Please check out Insight Enterprises downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Insight Enterprises will be following its current trending patterns.
Auto-correlation | 0.09 |
Virtually no predictability
Insight Enterprises has virtually no predictability. Overlapping area represents the amount of predictability between Insight Enterprises time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Insight Enterprises price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Insight Enterprises price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 2.18 |
Insight Enterprises lagged returns against current returns
Autocorrelation, which is Insight Enterprises 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 Insight Enterprises' stock expected returns. We can calculate the autocorrelation of Insight Enterprises returns to help us make a trade decision. For example, suppose you find that Insight Enterprises 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 |
Insight Enterprises 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 Insight Enterprises stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Insight Enterprises stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Insight Enterprises stock over time.
Current vs Lagged Prices |
| Timeline |
Insight Enterprises Lagged Returns
When evaluating Insight Enterprises' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Insight Enterprises stock have on its future price. Insight Enterprises 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, Insight Enterprises autocorrelation shows the relationship between Insight Enterprises stock current value and its past values and can show if there is a momentum factor associated with investing in Insight Enterprises.
Regressed Prices |
| Timeline |
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Complementary Tools for Insight Stock analysis
When running Insight Enterprises' price analysis, check to measure Insight Enterprises' 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 Insight Enterprises is operating at the current time. Most of Insight Enterprises' value examination focuses on studying past and present price action to predict the probability of Insight Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Insight Enterprises' price. Additionally, you may evaluate how the addition of Insight Enterprises to your portfolios can decrease your overall portfolio volatility.
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Insight Enterprises 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.