International Consolidated (UK) Market Value

IAG Stock   252.90  0.70  0.28%   
International Consolidated's market value is the price at which a share of International Consolidated trades on a public exchange. It measures the collective expectations of International Consolidated Airlines investors about its performance. International Consolidated is trading at 252.90 as of the 27th of November 2024, a 0.28% down since the beginning of the trading day. The stock's lowest day price was 250.7.
With this module, you can estimate the performance of a buy and hold strategy of International Consolidated Airlines and determine expected loss or profit from investing in International Consolidated over a given investment horizon. Check out International Consolidated Correlation, International Consolidated Volatility and International Consolidated Alpha and Beta module to complement your research on International Consolidated.
Symbol

Please note, there is a significant difference between International Consolidated's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Consolidated is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Consolidated'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.

International Consolidated '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 International Consolidated'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 International Consolidated.
0.00
10/28/2024
No Change 0.00  0.0 
In 31 days
11/27/2024
0.00
If you would invest  0.00  in International Consolidated on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding International Consolidated Airlines or generate 0.0% return on investment in International Consolidated over 30 days. International Consolidated is related to or competes with Lendinvest PLC, Neometals, Coor Service, Albion Technology, Jupiter Fund, JPMorgan ETFs, and Fidelity Sustainable. International Consolidated is entity of United Kingdom More

International Consolidated 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 International Consolidated'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 International Consolidated Airlines upside and downside potential and time the market with a certain degree of confidence.

International Consolidated Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for International Consolidated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Consolidated's standard deviation. In reality, there are many statistical measures that can use International Consolidated historical prices to predict the future International Consolidated's volatility.
Hype
Prediction
LowEstimatedHigh
252.59254.36256.13
Details
Intrinsic
Valuation
LowRealHigh
227.61278.48280.25
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.000.000.00
Details

International Consolidated Backtested Returns

International Consolidated appears to be very steady, given 3 months investment horizon. International Consolidated holds Efficiency (Sharpe) Ratio of 0.3, which attests that the entity had a 0.3% return per unit of risk over the last 3 months. By evaluating International Consolidated's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please utilize International Consolidated's Downside Deviation of 1.75, market risk adjusted performance of 0.7636, and Risk Adjusted Performance of 0.2359 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, International Consolidated holds a performance score of 23. The company retains a Market Volatility (i.e., Beta) of 0.69, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, International Consolidated's returns are expected to increase less than the market. However, during the bear market, the loss of holding International Consolidated is expected to be smaller as well. Please check International Consolidated's treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to make a quick decision on whether International Consolidated's current trending patterns will revert.

Auto-correlation

    
  0.92  

Excellent predictability

International Consolidated Airlines has excellent predictability. Overlapping area represents the amount of predictability between International Consolidated time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th of November 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 International Consolidated price movement. The serial correlation of 0.92 indicates that approximately 92.0% of current International Consolidated price fluctuation can be explain by its past prices.
Correlation Coefficient0.92
Spearman Rank Test0.82
Residual Average0.0
Price Variance33.76

International Consolidated lagged returns against current returns

Autocorrelation, which is International Consolidated 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 International Consolidated's stock expected returns. We can calculate the autocorrelation of International Consolidated returns to help us make a trade decision. For example, suppose you find that International Consolidated 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  

International Consolidated 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 International Consolidated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Consolidated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Consolidated stock over time.
   Current vs Lagged Prices   
       Timeline  

International Consolidated Lagged Returns

When evaluating International Consolidated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Consolidated stock have on its future price. International Consolidated 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, International Consolidated autocorrelation shows the relationship between International Consolidated stock current value and its past values and can show if there is a momentum factor associated with investing in International Consolidated Airlines.
   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.

Other Information on Investing in International Stock

International Consolidated financial ratios help investors to determine whether International Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in International with respect to the benefits of owning International Consolidated security.