Insperity (Germany) Market Value
| ASF Stock | EUR 73.00 1.00 1.35% |
| Symbol | Insperity |
Insperity '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 Insperity'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 Insperity.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Insperity on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Insperity or generate 0.0% return on investment in Insperity over 30 days. Insperity is related to or competes with American Homes, Singapore Telecommunicatio, LANDSEA HOMES, Haverty Furniture, T MOBILE, WillScot Mobile, and Cogent Communications. Insperity, Inc. provides human resources and business solutions to enhance business performance for small and medium-siz... More
Insperity 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 Insperity'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 Insperity upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 18.22 | |||
| Value At Risk | (4.82) | |||
| Potential Upside | 4.38 |
Insperity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Insperity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Insperity's standard deviation. In reality, there are many statistical measures that can use Insperity historical prices to predict the future Insperity's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (1.61) |
Insperity Backtested Returns
Insperity holds Efficiency (Sharpe) Ratio of -0.042, which attests that the entity had a -0.042% return per unit of risk over the last 3 months. Insperity exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Insperity's Risk Adjusted Performance of (0.03), standard deviation of 2.92, and Market Risk Adjusted Performance of (1.60) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.0826, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Insperity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Insperity is expected to be smaller as well. At this point, Insperity has a negative expected return of -0.12%. Please make sure to check out Insperity's total risk alpha, maximum drawdown, skewness, as well as the relationship between the treynor ratio and potential upside , to decide if Insperity performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.83 |
Excellent reverse predictability
Insperity has excellent reverse predictability. Overlapping area represents the amount of predictability between Insperity time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd of December 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 Insperity price movement. The serial correlation of -0.83 indicates that around 83.0% of current Insperity price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 7.4 |
Insperity lagged returns against current returns
Autocorrelation, which is Insperity 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 Insperity's stock expected returns. We can calculate the autocorrelation of Insperity returns to help us make a trade decision. For example, suppose you find that Insperity 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 |
Insperity 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 Insperity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Insperity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Insperity stock over time.
Current vs Lagged Prices |
| Timeline |
Insperity Lagged Returns
When evaluating Insperity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Insperity stock have on its future price. Insperity 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, Insperity autocorrelation shows the relationship between Insperity stock current value and its past values and can show if there is a momentum factor associated with investing in Insperity.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Insperity Stock
When determining whether Insperity is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Insperity Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Insperity Stock. Highlighted below are key reports to facilitate an investment decision about Insperity Stock:Check out Insperity Correlation, Insperity Volatility and Insperity Alpha and Beta module to complement your research on Insperity. For more detail on how to invest in Insperity Stock please use our How to Invest in Insperity guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Insperity 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.