International Distributions (UK) Market Value
| IDS Stock | 353.00 3.00 0.86% |
| Symbol | International |
International Distributions '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 Distributions' 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 Distributions.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in International Distributions on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding International Distributions Services or generate 0.0% return on investment in International Distributions over 60 days. International Distributions is related to or competes with Bank of Ireland, Skandinaviska Enskilda, St Galler, Royal Bank, Lloyds Banking, Prudential Financial, and Synchrony Financial. International Distributions is entity of United Kingdom More
International Distributions 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 Distributions' 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 Distributions Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4814 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 2.75 | |||
| Value At Risk | (0.86) | |||
| Potential Upside | 0.8571 |
International Distributions Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Distributions' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Distributions' standard deviation. In reality, there are many statistical measures that can use International Distributions historical prices to predict the future International Distributions' volatility.| Risk Adjusted Performance | 0.071 | |||
| Jensen Alpha | 0.0469 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | (0.68) |
International Distributions Backtested Returns
At this point, International Distributions is very steady. International Distributions holds Efficiency (Sharpe) Ratio of 0.13, which attests that the entity had a 0.13% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for International Distributions, which you can use to evaluate the volatility of the firm. Please check out International Distributions' Market Risk Adjusted Performance of (0.67), risk adjusted performance of 0.071, and Downside Deviation of 0.4814 to validate if the risk estimate we provide is consistent with the expected return of 0.0635%. International Distributions has a performance score of 10 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.0588, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning International Distributions are expected to decrease at a much lower rate. During the bear market, International Distributions is likely to outperform the market. International Distributions right now retains a risk of 0.5%. Please check out International Distributions treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if International Distributions will be following its current trending patterns.
Auto-correlation | -0.15 |
Insignificant reverse predictability
International Distributions Services has insignificant reverse predictability. Overlapping area represents the amount of predictability between International Distributions time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 to 28th 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 Distributions price movement. The serial correlation of -0.15 indicates that less than 15.0% of current International Distributions price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 25.35 |
International Distributions lagged returns against current returns
Autocorrelation, which is International Distributions 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 Distributions' stock expected returns. We can calculate the autocorrelation of International Distributions returns to help us make a trade decision. For example, suppose you find that International Distributions 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 Distributions 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 Distributions stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Distributions stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Distributions stock over time.
Current vs Lagged Prices |
| Timeline |
International Distributions Lagged Returns
When evaluating International Distributions' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Distributions stock have on its future price. International Distributions 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 Distributions autocorrelation shows the relationship between International Distributions stock current value and its past values and can show if there is a momentum factor associated with investing in International Distributions Services.
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 Distributions 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 Distributions security.