Ingles Markets Incorporated Stock Market Value
| IMKTA Stock | USD 73.90 0.56 0.76% |
| Symbol | Ingles |
Ingles Markets Price To Book Ratio
Is Consumer Staples Distribution & Retail 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 Ingles Markets. If investors know Ingles 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 Ingles Markets 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 (0.34) | Dividend Share 0.66 | Earnings Share 8.4 | Revenue Per Share 306.779 | Quarterly Revenue Growth (0.03) |
The market value of Ingles Markets is measured differently than its book value, which is the value of Ingles that is recorded on the company's balance sheet. Investors also form their own opinion of Ingles Markets' value that differs from its market value or its book value, called intrinsic value, which is Ingles Markets' 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 Ingles Markets' market value can be influenced by many factors that don't directly affect Ingles Markets' 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 Ingles Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Ingles Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingles Markets' 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.
Ingles Markets '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 Ingles Markets' 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 Ingles Markets.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Ingles Markets on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Ingles Markets Incorporated or generate 0.0% return on investment in Ingles Markets over 30 days. Ingles Markets is related to or competes with Grocery Outlet, and Ocado Group. Ingles Markets, Incorporated operates a chain of supermarkets in the southeast United States More
Ingles Markets 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 Ingles Markets' 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 Ingles Markets Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.16 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 9.45 | |||
| Value At Risk | (4.43) | |||
| Potential Upside | 3.11 |
Ingles Markets Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ingles Markets' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ingles Markets' standard deviation. In reality, there are many statistical measures that can use Ingles Markets historical prices to predict the future Ingles Markets' volatility.| Risk Adjusted Performance | 0.02 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.0194 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ingles Markets' 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.
Ingles Markets Backtested Returns
At this point, Ingles Markets is very steady. Ingles Markets holds Efficiency (Sharpe) Ratio of 0.0134, which attests that the entity had a 0.0134% return per unit of risk over the last 3 months. We have found thirty technical indicators for Ingles Markets, which you can use to evaluate the volatility of the firm. Please check out Ingles Markets' Market Risk Adjusted Performance of 0.0294, downside deviation of 2.16, and Risk Adjusted Performance of 0.02 to validate if the risk estimate we provide is consistent with the expected return of 0.0282%. Ingles Markets has a performance score of 1 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.4, 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, Ingles Markets will likely underperform. Ingles Markets right now retains a risk of 2.11%. Please check out Ingles Markets semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to decide if Ingles Markets will be following its current trending patterns.
Auto-correlation | 0.82 |
Very good predictability
Ingles Markets Incorporated has very good predictability. Overlapping area represents the amount of predictability between Ingles Markets time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Ingles Markets price movement. The serial correlation of 0.82 indicates that around 82.0% of current Ingles Markets price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 4.37 |
Ingles Markets lagged returns against current returns
Autocorrelation, which is Ingles Markets 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 Ingles Markets' stock expected returns. We can calculate the autocorrelation of Ingles Markets returns to help us make a trade decision. For example, suppose you find that Ingles Markets 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 |
Ingles Markets 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 Ingles Markets stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ingles Markets stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ingles Markets stock over time.
Current vs Lagged Prices |
| Timeline |
Ingles Markets Lagged Returns
When evaluating Ingles Markets' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ingles Markets stock have on its future price. Ingles Markets 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, Ingles Markets autocorrelation shows the relationship between Ingles Markets stock current value and its past values and can show if there is a momentum factor associated with investing in Ingles Markets Incorporated.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Ingles Markets offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ingles Markets' 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 Ingles Markets Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ingles Markets Incorporated Stock:Check out Ingles Markets Correlation, Ingles Markets Volatility and Ingles Markets Alpha and Beta module to complement your research on Ingles Markets. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Ingles Markets 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.