Inter Parfums Correlations

IPAR Stock

USD 137.66 0.43 0.31%

The current 90-days correlation between Inter Parfums and Seneca Foods Corp is 0.14 (i.e., Average diversification). 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 correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak. If the correlation is 0, the equities are not correlated; they are entirely random.

Inter Parfums Correlation With Market

Very weak diversification

The correlation between Inter Parfums and DJI is 0.5 (i.e., Very weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Inter Parfums and DJI in the same portfolio, assuming nothing else is changed.

Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Inter Parfums. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.

To learn how to invest in Inter Stock, please use our How to Invest in Inter Parfums guide.

Moving together with Inter Stock

0.64	NWL	Newell Brands	Pair Corr
0.74	YSG	Yatsen Holding	Pair Corr
0.68	HIMS	Hims Hers Health Trending	Pair Corr
0.7	HNST	Honest Company	Pair Corr
0.74	BJ	BJs Wholesale Club	Pair Corr
0.67	GO	Grocery Outlet Holding	Pair Corr

Moving against Inter Stock

0.68	DSY	Big Tree Cloud	Pair Corr
0.58	UG	United Guardian	Pair Corr
0.57	REYN	Reynolds Consumer	Pair Corr
0.55	UL	Unilever PLC ADR	Pair Corr
0.49	CL	Colgate Palmolive Sell-off Trend	Pair Corr
0.4	KMB	Kimberly Clark Fiscal Year End 22nd of January 2025	Pair Corr
0.39	DSYWW	Big Tree Cloud	Pair Corr
0.37	EL	Estee Lauder Companies	Pair Corr
0.37	PURE	Pure Bioscience	Pair Corr
0.7	DTCK	Davis Commodities	Pair Corr
0.66	BRBMF	Big Rock Brewery	Pair Corr
0.54	KO	Coca Cola Aggressive Push	Pair Corr
0.4	FC	Franklin Covey	Pair Corr
0.38	COTY	Coty Inc Sell-off Trend	Pair Corr
0.38	DNUT	Krispy Kreme	Pair Corr
0.37	GV	Visionary Education	Pair Corr
0.35	BG	Bunge Limited	Pair Corr
0.33	DOLE	Dole PLC	Pair Corr

Related Correlations Analysis

	SENEB	CENTA	CENT	LWAY	SENEA	JJSF	ARZTY	JVA	NATR	BRID
SENEB		0.28	0.3	-0.09	0.31	0.07	-0.4	0.25	0.31	-0.01	SENEB
CENTA	0.28		1.0	-0.78	0.21	0.26	-0.09	-0.23	0.49	0.51	CENTA
CENT	0.3	1.0		-0.75	0.27	0.27	-0.15	-0.19	0.53	0.48	CENT
LWAY	-0.09	-0.78	-0.75		0.23	0.12	-0.13	0.63	-0.14	-0.62	LWAY
SENEA	0.31	0.21	0.27	0.23		0.35	-0.79	0.63	0.82	-0.3	SENEA
JJSF	0.07	0.26	0.27	0.12	0.35		-0.08	0.35	0.42	0.02	JJSF
ARZTY	-0.4	-0.09	-0.15	-0.13	-0.79	-0.08		-0.43	-0.69	0.21	ARZTY
JVA	0.25	-0.23	-0.19	0.63	0.63	0.35	-0.43		0.33	-0.46	JVA
NATR	0.31	0.49	0.53	-0.14	0.82	0.42	-0.69	0.33		-0.08	NATR
BRID	-0.01	0.51	0.48	-0.62	-0.3	0.02	0.21	-0.46	-0.08		BRID
	SENEB	CENTA	CENT	LWAY	SENEA	JJSF	ARZTY	JVA	NATR	BRID

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Correlation Matchups

Over a given time period, the two securities move together when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.

High positive correlations

CENT	+ 1.0	CENTA
NATR	+ 0.82	SENEA
JVA	+ 0.63	LWAY
JVA	+ 0.63	SENEA
NATR	+ 0.53	CENT
BRID	+ 0.51	CENTA

High negative correlations

ARZTY	- 0.79	SENEA
LWAY	- 0.78	CENTA
LWAY	- 0.75	CENT
NATR	- 0.69	ARZTY
BRID	- 0.62	LWAY
BRID	- 0.46	JVA

Risk-Adjusted Indicators

There is a big difference between Inter Stock performing well and Inter Parfums Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Inter Parfums' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
SENEB	1.20	0.23	0.04	(7.55)	1.24	(1.94)	3.02	(2.53)	11.90
CENTA	1.26	(0.15)	(0.09)	(0.01)	1.46	(1.38)	2.74	(2.72)	6.82
CENT	1.25	(0.10)	(0.08)	0.02	1.45	(1.40)	2.81	(2.33)	6.39
LWAY	2.18	0.43	0.13	1.10	2.24	(2.63)	4.86	(5.06)	31.34
SENEA	1.17	0.16	0.09	0.31	1.42	(1.33)	2.87	(1.85)	11.87
JJSF	0.97	(0.08)	(0.05)	0.06	1.18	(1.05)	2.12	(1.89)	9.61
ARZTY	0.63	(0.23)	0.00	(5.33)	0.00	0.00	0.00	0.00	14.15
JVA	4.46	0.67	0.19	0.41	3.97	(5.68)	9.45	(7.80)	47.22
NATR	2.07	0.06	0.09	0.15	1.88	(2.52)	6.11	(2.99)	22.72
BRID	2.11	(0.47)	0.00	(1.01)	0.00	0.00	4.07	(4.87)	24.74

Inter Parfums Corporate Management

Michel Atwood	CFO Director	Profile
Amanda Seelinger	Secretary	Profile
Frdric GarciaPelayo	Executive SA	Profile
Joseph Esq	General Counsel	Profile
Michelle Habert	Controller Sec	Profile

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