International Money Express Stock Market Value
| IMXI Stock | USD 21.20 0.03 0.14% |
| Symbol | International |
International Money Price To Book Ratio
Is Data Processing & Outsourced Services 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 International Money. If investors know International 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 International Money 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 0.293 | Earnings Share 1.79 | Revenue Per Share 19.966 | Quarterly Revenue Growth (0) | Return On Assets 0.114 |
The market value of International Money is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Money's value that differs from its market value or its book value, called intrinsic value, which is International Money'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 International Money's market value can be influenced by many factors that don't directly affect International Money'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 International Money's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Money is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Money'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 Money '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 Money'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 Money.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in International Money on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding International Money Express or generate 0.0% return on investment in International Money over 30 days. International Money is related to or competes with NetScout Systems, Consensus Cloud, CSG Systems, EverCommerce, Evertec, ACI Worldwide, and Couchbase. International Money Express, Inc., through its subsidiary, operates as a money remittance services company in the United... More
International Money 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 Money'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 Money Express upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.1144 | |||
| Maximum Drawdown | 13.65 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 3.03 |
International Money Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Money's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Money's standard deviation. In reality, there are many statistical measures that can use International Money historical prices to predict the future International Money's volatility.| Risk Adjusted Performance | 0.1329 | |||
| Jensen Alpha | 0.2298 | |||
| Total Risk Alpha | 0.0654 | |||
| Sortino Ratio | 0.1585 | |||
| Treynor Ratio | 0.3013 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Money'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.
International Money Backtested Returns
International Money appears to be very steady, given 3 months investment horizon. International Money 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 thirty technical indicators for International Money, which you can use to evaluate the volatility of the firm. Please utilize International Money's Risk Adjusted Performance of 0.1329, market risk adjusted performance of 0.3113, and Downside Deviation of 1.54 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, International Money holds a performance score of 10. The company retains a Market Volatility (i.e., Beta) of 1.14, which attests to a somewhat significant risk relative to the market. International Money returns are very sensitive to returns on the market. As the market goes up or down, International Money is expected to follow. Please check International Money's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether International Money's current trending patterns will revert.
Auto-correlation | 0.10 |
Insignificant predictability
International Money Express has insignificant predictability. Overlapping area represents the amount of predictability between International Money time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Money price movement. The serial correlation of 0.1 indicates that less than 10.0% of current International Money price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.65 |
International Money lagged returns against current returns
Autocorrelation, which is International Money 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 Money's stock expected returns. We can calculate the autocorrelation of International Money returns to help us make a trade decision. For example, suppose you find that International Money 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 |
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International Money 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 Money stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Money stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Money stock over time.
Current vs Lagged Prices |
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International Money Lagged Returns
When evaluating International Money's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Money stock have on its future price. International Money 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 Money autocorrelation shows the relationship between International Money stock current value and its past values and can show if there is a momentum factor associated with investing in International Money Express.
Regressed Prices |
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Currently Active Assets on Macroaxis
When determining whether International Money offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of International Money'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 International Money Express Stock. Outlined below are crucial reports that will aid in making a well-informed decision on International Money Express Stock:Check out International Money Correlation, International Money Volatility and International Money Alpha and Beta module to complement your research on International Money. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
International Money 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.