International Luxury Products Stock Market Value
| ILXP Stock | USD 0.02 0.00 0.00% |
| Symbol | International |
International Luxury '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 Luxury's pink sheet 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 Luxury.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in International Luxury on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding International Luxury Products or generate 0.0% return on investment in International Luxury over 30 days. International Luxury is related to or competes with Green Planet, Azure Holding, and Four Leaf. International Luxury Products Inc. was formerly known as American Luxury Products Inc More
International Luxury 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 Luxury's pink sheet 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 Luxury Products upside and downside potential and time the market with a certain degree of confidence.
International Luxury Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for International Luxury's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as International Luxury's standard deviation. In reality, there are many statistical measures that can use International Luxury historical prices to predict the future International Luxury's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of International Luxury'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 Luxury Backtested Returns
We have found three technical indicators for International Luxury, which you can use to evaluate the volatility of the firm. The company retains a Market Volatility (i.e., Beta) of 0.0, which attests to not very significant fluctuations relative to the market. the returns on MARKET and International Luxury are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
International Luxury Products has no correlation between past and present. Overlapping area represents the amount of predictability between International Luxury time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Luxury price movement. The serial correlation of 0.0 indicates that just 0.0% of current International Luxury price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
International Luxury lagged returns against current returns
Autocorrelation, which is International Luxury pink sheet'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 Luxury's pink sheet expected returns. We can calculate the autocorrelation of International Luxury returns to help us make a trade decision. For example, suppose you find that International Luxury has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Luxury 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 Luxury pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if International Luxury pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in International Luxury pink sheet over time.
Current vs Lagged Prices |
| Timeline |
International Luxury Lagged Returns
When evaluating International Luxury's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of International Luxury pink sheet have on its future price. International Luxury 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 Luxury autocorrelation shows the relationship between International Luxury pink sheet current value and its past values and can show if there is a momentum factor associated with investing in International Luxury Products.
Regressed Prices |
| Timeline |
Pair Trading with International Luxury
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 International Luxury 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 International Luxury will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to International Luxury could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace International Luxury 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 International Luxury - 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 International Luxury Products to buy it.
The correlation of International Luxury 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 International Luxury moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if International Luxury 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 International Luxury 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 International Pink Sheet Analysis
When running International Luxury's price analysis, check to measure International Luxury's 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 International Luxury is operating at the current time. Most of International Luxury's value examination focuses on studying past and present price action to predict the probability of International Luxury's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Luxury's price. Additionally, you may evaluate how the addition of International Luxury to your portfolios can decrease your overall portfolio volatility.