Inter Parfums Stock Market Value
| IPAR Stock | USD 134.07 3.41 2.61% |
| Symbol | Inter |
Inter Parfums Price To Book Ratio
Is Personal Care Products 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 Inter Parfums. If investors know Inter 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 Inter Parfums 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 0.163 | Dividend Share 2.875 | Earnings Share 4.66 | Revenue Per Share 44.338 | Quarterly Revenue Growth 0.154 |
The market value of Inter Parfums is measured differently than its book value, which is the value of Inter that is recorded on the company's balance sheet. Investors also form their own opinion of Inter Parfums' value that differs from its market value or its book value, called intrinsic value, which is Inter Parfums' 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 Inter Parfums' market value can be influenced by many factors that don't directly affect Inter Parfums' 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 Inter Parfums' value and its price as these two are different measures arrived at by different means. Investors typically determine if Inter Parfums is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Inter Parfums' 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.
Inter Parfums '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 Inter Parfums' 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 Inter Parfums.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Inter Parfums on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Inter Parfums or generate 0.0% return on investment in Inter Parfums over 30 days. Inter Parfums is related to or competes with J J, John B, Innospec, Independent Bank, and Dorman Products. Inter Parfums, Inc., together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fr... More
Inter Parfums 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 Inter Parfums' 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 Inter Parfums upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.11 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 8.04 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 2.23 |
Inter Parfums Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Inter Parfums' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Inter Parfums' standard deviation. In reality, there are many statistical measures that can use Inter Parfums historical prices to predict the future Inter Parfums' volatility.| Risk Adjusted Performance | 0.0451 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.0707 |
Inter Parfums Backtested Returns
Currently, Inter Parfums is very steady. Inter Parfums holds Efficiency (Sharpe) Ratio of 0.0779, which attests that the entity had a 0.0779% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Inter Parfums, which you can use to evaluate the volatility of the firm. Please check out Inter Parfums' Risk Adjusted Performance of 0.0451, market risk adjusted performance of 0.0807, and Downside Deviation of 2.11 to validate if the risk estimate we provide is consistent with the expected return of 0.14%. Inter Parfums has a performance score of 6 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 1.13, which attests to a somewhat significant risk relative to the market. Inter Parfums returns are very sensitive to returns on the market. As the market goes up or down, Inter Parfums is expected to follow. Inter Parfums right now retains a risk of 1.74%. Please check out Inter Parfums potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Inter Parfums will be following its current trending patterns.
Auto-correlation | 0.54 |
Modest predictability
Inter Parfums has modest predictability. Overlapping area represents the amount of predictability between Inter Parfums 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 Inter Parfums price movement. The serial correlation of 0.54 indicates that about 54.0% of current Inter Parfums price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 7.55 |
Inter Parfums lagged returns against current returns
Autocorrelation, which is Inter Parfums 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 Inter Parfums' stock expected returns. We can calculate the autocorrelation of Inter Parfums returns to help us make a trade decision. For example, suppose you find that Inter Parfums 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 |
Inter Parfums 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 Inter Parfums stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Inter Parfums stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Inter Parfums stock over time.
Current vs Lagged Prices |
| Timeline |
Inter Parfums Lagged Returns
When evaluating Inter Parfums' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Inter Parfums stock have on its future price. Inter Parfums 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, Inter Parfums autocorrelation shows the relationship between Inter Parfums stock current value and its past values and can show if there is a momentum factor associated with investing in Inter Parfums.
Regressed Prices |
| Timeline |
Pair Trading with Inter Parfums
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Inter Parfums position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Inter Parfums will appreciate offsetting losses from the drop in the long position's value.Moving against Inter Stock
| 0.57 | DSY | Big Tree Cloud | PairCorr |
| 0.5 | KMB | Kimberly Clark Fiscal Year End 22nd of January 2025 | PairCorr |
| 0.49 | CL | Colgate Palmolive Fiscal Year End 24th of January 2025 | PairCorr |
| 0.48 | UL | Unilever PLC ADR | PairCorr |
| 0.45 | PG | Procter Gamble | PairCorr |
The ability to find closely correlated positions to Inter Parfums could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Inter Parfums when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Inter Parfums - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Inter Parfums to buy it.
The correlation of Inter Parfums is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Inter Parfums moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Inter Parfums moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Inter Parfums can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Inter Stock Analysis
When running Inter Parfums' price analysis, check to measure Inter Parfums' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Inter Parfums is operating at the current time. Most of Inter Parfums' value examination focuses on studying past and present price action to predict the probability of Inter Parfums' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Inter Parfums' price. Additionally, you may evaluate how the addition of Inter Parfums to your portfolios can decrease your overall portfolio volatility.