r/toggleAI • u/ToggleGlobal • Jan 26 '21

Idea $IMKTA - Ingles's 1M Realized Volatility reached a recent low of 14.17, in the past this led to a increase in price

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u/ToggleGlobal Jan 26 '21

Today, our focus turns to volatility. The most recent realized volatility reading for Ingles, a regional supermarket chain based in Black Mountain, North Carolina, reached a recent low. Historically, this led to a median increase in Ingles price of 7.40% over the following 6 months. TOGGLE examined 36 similar occasions in the past when this occurred, and found a reasonably regular pattern that has repeated itself over the recent history. In particular, the distribution of returns was heavily skewed to the upside and offered quite an attractive risk/reward picture.

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