Intapp Inc Stock Market Value
| INTA Stock | USD 34.82 0.24 0.69% |
| Symbol | Intapp |
Is Application Software 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 Intapp. If investors know Intapp 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 Intapp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Intapp Inc is measured differently than its book value, which is the value of Intapp that is recorded on the company's balance sheet. Investors also form their own opinion of Intapp's value that differs from its market value or its book value, called intrinsic value, which is Intapp'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 Intapp's market value can be influenced by many factors that don't directly affect Intapp'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 Intapp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Intapp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Intapp'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.
Intapp '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 Intapp'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 Intapp.
| 03/07/2024 |
| 06/05/2024 |
If you would invest 0.00 in Intapp on March 7, 2024 and sell it all today you would earn a total of 0.00 from holding Intapp Inc or generate 0.0% return on investment in Intapp over 90 days. Intapp is related to or competes with PROS Holdings, Meridianlink, Enfusion, Bentley Systems, Dynatrace Holdings, VTEX, and ON24. Intapp, Inc., through its subsidiary, Integration Appliance, Inc., provides industry-specific cloud-based software solut... More
Intapp 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 Intapp'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 Intapp Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 13.4 | |||
| Value At Risk | (2.95) | |||
| Potential Upside | 3.74 |
Intapp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Intapp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Intapp's standard deviation. In reality, there are many statistical measures that can use Intapp historical prices to predict the future Intapp's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.1) | |||
| Treynor Ratio | (0.04) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Intapp'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.
Intapp Inc Backtested Returns
Intapp Inc holds Efficiency (Sharpe) Ratio of -0.0128, which attests that the entity had a -0.0128% return per unit of risk over the last 3 months. Intapp Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Intapp's Market Risk Adjusted Performance of (0.03), risk adjusted performance of (0), and Standard Deviation of 2.13 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.83, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Intapp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Intapp is expected to be smaller as well. At this point, Intapp Inc has a negative expected return of -0.0273%. Please make sure to check out Intapp's kurtosis, as well as the relationship between the day median price and relative strength index , to decide if Intapp Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Intapp Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Intapp time series from 7th of March 2024 to 21st of April 2024 and 21st of April 2024 to 5th 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 Intapp Inc price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Intapp price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 6.74 |
Intapp Inc lagged returns against current returns
Autocorrelation, which is Intapp 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 Intapp's stock expected returns. We can calculate the autocorrelation of Intapp returns to help us make a trade decision. For example, suppose you find that Intapp 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 |
Intapp 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 Intapp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Intapp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Intapp stock over time.
Current vs Lagged Prices |
| Timeline |
Intapp Lagged Returns
When evaluating Intapp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Intapp stock have on its future price. Intapp 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, Intapp autocorrelation shows the relationship between Intapp stock current value and its past values and can show if there is a momentum factor associated with investing in Intapp Inc.
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.Additional Information and Resources on Investing in Intapp Stock
When determining whether Intapp Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Intapp'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 Intapp Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Intapp Inc Stock:Check out Intapp Correlation, Intapp Volatility and Intapp Alpha and Beta module to complement your research on Intapp. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Intapp 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.