Innovative Designs Stock Market Value
| IVDN Stock | USD 0.27 0.02 6.90% |
| Symbol | Innovative |
Innovative Designs '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 Innovative Designs' 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 Innovative Designs.
| 04/28/2025 |
| 07/27/2025 |
If you would invest 0.00 in Innovative Designs on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Innovative Designs or generate 0.0% return on investment in Innovative Designs over 90 days. Innovative Designs is related to or competes with Cato, Zumiez, Tillys, Destination, Duluth Holdings, Citi Trends, and JJill. Innovative Designs, Inc. manufactures and markets cold weather recreational and industrial clothing products in the Unit... More
Innovative Designs 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 Innovative Designs' 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 Innovative Designs upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.92 | |||
| Information Ratio | 0.0066 | |||
| Maximum Drawdown | 54.92 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 13.04 |
Innovative Designs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Innovative Designs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Innovative Designs' standard deviation. In reality, there are many statistical measures that can use Innovative Designs historical prices to predict the future Innovative Designs' volatility.| Risk Adjusted Performance | 0.0348 | |||
| Jensen Alpha | 0.1814 | |||
| Total Risk Alpha | (1.77) | |||
| Sortino Ratio | 0.0037 | |||
| Treynor Ratio | 0.7194 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Innovative Designs' 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.
Innovative Designs Backtested Returns
Innovative Designs appears to be out of control, given 3 months investment horizon. Innovative Designs holds Efficiency (Sharpe) Ratio of 0.0332, which attests that the entity had a 0.0332 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Innovative Designs, which you can use to evaluate the volatility of the firm. Please utilize Innovative Designs' Risk Adjusted Performance of 0.0348, market risk adjusted performance of 0.7294, and Downside Deviation of 13.92 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Innovative Designs holds a performance score of 2. The company retains a Market Volatility (i.e., Beta) of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Innovative Designs' returns are expected to increase less than the market. However, during the bear market, the loss of holding Innovative Designs is expected to be smaller as well. Please check Innovative Designs' treynor ratio, as well as the relationship between the semi variance and rate of daily change , to make a quick decision on whether Innovative Designs' current trending patterns will revert.
Auto-correlation | 0.23 |
Weak predictability
Innovative Designs has weak predictability. Overlapping area represents the amount of predictability between Innovative Designs time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Innovative Designs price movement. The serial correlation of 0.23 indicates that over 23.0% of current Innovative Designs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Innovative Designs lagged returns against current returns
Autocorrelation, which is Innovative Designs 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 Innovative Designs' pink sheet expected returns. We can calculate the autocorrelation of Innovative Designs returns to help us make a trade decision. For example, suppose you find that Innovative Designs 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 |
Innovative Designs 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 Innovative Designs pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Innovative Designs pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Innovative Designs pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Innovative Designs Lagged Returns
When evaluating Innovative Designs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Innovative Designs pink sheet have on its future price. Innovative Designs 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, Innovative Designs autocorrelation shows the relationship between Innovative Designs pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Innovative Designs.
Regressed Prices |
| Timeline |
Pair Trading with Innovative Designs
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 Innovative Designs 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 Innovative Designs will appreciate offsetting losses from the drop in the long position's value.Moving against Innovative Pink Sheet
| 0.66 | SRFM | Surf Air Mobility | PairCorr |
| 0.62 | PTAIF | PT Astra International Earnings Call This Week | PairCorr |
| 0.61 | PKX | POSCO Holdings | PairCorr |
| 0.57 | RLJ | RLJ Lodging Trust | PairCorr |
| 0.5 | NSUPF | Northern Superior | PairCorr |
The ability to find closely correlated positions to Innovative Designs could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Innovative Designs 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 Innovative Designs - 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 Innovative Designs to buy it.
The correlation of Innovative Designs 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 Innovative Designs moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Innovative Designs 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 Innovative Designs 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.Other Information on Investing in Innovative Pink Sheet
Innovative Designs financial ratios help investors to determine whether Innovative Pink Sheet 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 Innovative with respect to the benefits of owning Innovative Designs security.