Interparfums (France) Market Value
| ITP Stock | EUR 39.65 0.05 0.13% |
| Symbol | Interparfums |
Interparfums '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 Interparfums' 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 Interparfums.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Interparfums on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Interparfums SA or generate 0.0% return on investment in Interparfums over 30 days. Interparfums is related to or competes with Remy Cointreau, Alten SA, Gaztransport Technigaz, Trigano SA, and Sartorius Stedim. Interparfums SA creates, manufactures, and distributes perfumes through proprietary basis or license agreements with bra... More
Interparfums 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 Interparfums' 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 Interparfums SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 11.16 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 3.56 |
Interparfums Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Interparfums' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Interparfums' standard deviation. In reality, there are many statistical measures that can use Interparfums historical prices to predict the future Interparfums' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.32) |
Interparfums SA Backtested Returns
Interparfums SA holds Efficiency (Sharpe) Ratio of -0.0837, which attests that the entity had a -0.0837% return per unit of risk over the last 3 months. Interparfums SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Interparfums' Market Risk Adjusted Performance of (0.31), risk adjusted performance of (0.05), and Standard Deviation of 2.17 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.55, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Interparfums' returns are expected to increase less than the market. However, during the bear market, the loss of holding Interparfums is expected to be smaller as well. At this point, Interparfums SA has a negative expected return of -0.18%. Please make sure to check out Interparfums' daily balance of power, and the relationship between the skewness and day typical price , to decide if Interparfums SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Interparfums SA has below average predictability. Overlapping area represents the amount of predictability between Interparfums time series from 29th of October 2024 to 13th of November 2024 and 13th of November 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 Interparfums SA price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Interparfums price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Interparfums SA lagged returns against current returns
Autocorrelation, which is Interparfums 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 Interparfums' stock expected returns. We can calculate the autocorrelation of Interparfums returns to help us make a trade decision. For example, suppose you find that Interparfums 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 |
Interparfums 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 Interparfums stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Interparfums stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Interparfums stock over time.
Current vs Lagged Prices |
| Timeline |
Interparfums Lagged Returns
When evaluating Interparfums' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Interparfums stock have on its future price. Interparfums 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, Interparfums autocorrelation shows the relationship between Interparfums stock current value and its past values and can show if there is a momentum factor associated with investing in Interparfums SA.
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 Interparfums Stock
Interparfums financial ratios help investors to determine whether Interparfums 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 Interparfums with respect to the benefits of owning Interparfums security.