International Consolidated (UK) Market Value
| IAG Stock | 282.00 0.90 0.32% |
| Symbol | International |
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.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in International Consolidated on July 20, 2023 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 510 days. International Consolidated is related to or competes with Hong Kong, Neometals, Coor Service, Fidelity Sustainable, Surgical Science, Sancus Lending, and SPDR SP. 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.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.2607 | |||
| Maximum Drawdown | 9.18 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 3.41 |
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.| Risk Adjusted Performance | 0.244 | |||
| Jensen Alpha | 0.6094 | |||
| Total Risk Alpha | 0.2995 | |||
| Sortino Ratio | 0.2565 | |||
| Treynor Ratio | (2.89) |
International Consolidated Backtested Returns
International Consolidated appears to be very steady, given 3 months investment horizon. International Consolidated holds Efficiency (Sharpe) Ratio of 0.32, which attests that the entity had a 0.32% 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 0.59% is justified by implied risk. Please utilize International Consolidated's Market Risk Adjusted Performance of (2.88), downside deviation of 1.84, and Risk Adjusted Performance of 0.244 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 25. The company retains a Market Volatility (i.e., Beta) of -0.2, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning International Consolidated are expected to decrease at a much lower rate. During the bear market, International Consolidated is likely to outperform the market. Please check International Consolidated's downside variance, kurtosis, and 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 | 0.02 |
Virtually no predictability
International Consolidated Airlines has virtually no predictability. Overlapping area represents the amount of predictability between International Consolidated time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th of December 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 0.02 indicates that only 2.0% of current International Consolidated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 937.98 |
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.