Sherwin Williams Co Stock Probability of Future Stock Price Finishing Over 231.78

SHW Stock  USD 347.33  0.44  0.13%   
Sherwin Williams' implied volatility is one of the determining factors in the pricing options written on Sherwin Williams Co. Implied volatility approximates the future value of Sherwin Williams based on the option's current value. Options with high implied volatility have higher premiums and can be used to hedge the downside of investing in Sherwin Williams Co over a specific time period. For example, 2024-04-19 CALL at $350.0 is a CALL option contract on Sherwin Williams' common stock with a strick price of 350.0 expiring on 2024-04-19. The contract was last traded on 2024-03-28 at 15:59:57 for $5.05 and, as of today, has 21 days remaining before the expiration. The option is currently trading at a bid price of $4.8, and an ask price of $5.1. The implied volatility as of the 29th of March is 17.68. View All Sherwin options

Closest to current price Sherwin long CALL Option Payoff at Expiration

Sherwin Williams' future price is the expected price of Sherwin Williams instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Sherwin Williams Co performance during a given time horizon utilizing its historical volatility. Check out Sherwin Williams Backtesting, Sherwin Williams Valuation, Sherwin Williams Correlation, Sherwin Williams Hype Analysis, Sherwin Williams Volatility, Sherwin Williams History as well as Sherwin Williams Performance.
  
At this time, Sherwin Williams' Price To Sales Ratio is fairly stable compared to the past year. Price Book Value Ratio is likely to climb to 22.51 in 2024, whereas Price To Operating Cash Flows Ratio is likely to drop 11.73 in 2024. Please specify Sherwin Williams' target price for which you would like Sherwin Williams odds to be computed.

Sherwin Williams Target Price Odds to finish over 231.78

The tendency of Sherwin Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 231.78  in 90 days
 347.33 90 days 231.78 
close to 99
Based on a normal probability distribution, the odds of Sherwin Williams to stay above $ 231.78  in 90 days from now is close to 99 (This Sherwin Williams Co probability density function shows the probability of Sherwin Stock to fall within a particular range of prices over 90 days) . Probability of Sherwin-Williams price to stay between $ 231.78  and its current price of $347.33 at the end of the 90-day period is roughly 96.0 .
Considering the 90-day investment horizon the stock has the beta coefficient of 1.28 . This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Sherwin Williams will likely underperform. Additionally Sherwin Williams Co has an alpha of 0.0052, implying that it can generate a 0.005218 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
   Sherwin Williams Price Density   
       Price  

Predictive Modules for Sherwin Williams

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sherwin-Williams. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sherwin Williams' 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.
Hype
Prediction
LowEstimatedHigh
346.59347.70348.81
Details
Intrinsic
Valuation
LowRealHigh
282.71283.82382.06
Details
Naive
Forecast
LowNextHigh
342.69343.80344.91
Details
30 Analysts
Consensus
LowTargetHigh
270.02296.73329.37
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sherwin Williams. Your research has to be compared to or analyzed against Sherwin Williams' peers to derive any actionable benefits. When done correctly, Sherwin Williams' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sherwin-Williams.

Sherwin Williams Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Sherwin Williams is not an exception. The market had few large corrections towards the Sherwin Williams' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Sherwin Williams Co, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sherwin Williams within the framework of very fundamental risk indicators.
α
Alpha over NYSE Composite
0.01
β
Beta against NYSE Composite1.28
σ
Overall volatility
16.62
Ir
Information ratio 0.04

Sherwin Williams Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Sherwin Williams for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sherwin-Williams can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Over 80.0% of the company shares are owned by institutional investors
On 8th of March 2024 Sherwin Williams paid $ 0.715 per share dividend to its current shareholders
Latest headline from benzinga.com: 1000 Invested In This Stock 10 Years Ago Would Be Worth 5,200 Today

Sherwin Williams Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Sherwin Stock often depends not only on the future outlook of the current and potential Sherwin Williams' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sherwin Williams' indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding258.3 M
Cash And Short Term Investments276.8 M

Sherwin Williams Technical Analysis

Sherwin Williams' future price can be derived by breaking down and analyzing its technical indicators over time. Sherwin Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sherwin Williams Co. In general, you should focus on analyzing Sherwin Stock price patterns and their correlations with different microeconomic environments and drivers.

Sherwin Williams Predictive Forecast Models

Sherwin Williams' time-series forecasting models is one of many Sherwin Williams' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Sherwin Williams' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Sherwin-Williams

Checking the ongoing alerts about Sherwin Williams for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sherwin-Williams help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Over 80.0% of the company shares are owned by institutional investors
On 8th of March 2024 Sherwin Williams paid $ 0.715 per share dividend to its current shareholders
Latest headline from benzinga.com: 1000 Invested In This Stock 10 Years Ago Would Be Worth 5,200 Today
When determining whether Sherwin-Williams is a strong investment it is important to analyze Sherwin Williams' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Sherwin Williams' future performance. For an informed investment choice regarding Sherwin Stock, refer to the following important reports:
Check out Sherwin Williams Backtesting, Sherwin Williams Valuation, Sherwin Williams Correlation, Sherwin Williams Hype Analysis, Sherwin Williams Volatility, Sherwin Williams History as well as Sherwin Williams Performance.
Note that the Sherwin-Williams information on this page should be used as a complementary analysis to other Sherwin Williams' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Sherwin Williams' price analysis, check to measure Sherwin Williams' 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 Sherwin Williams is operating at the current time. Most of Sherwin Williams' value examination focuses on studying past and present price action to predict the probability of Sherwin Williams' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sherwin Williams' price. Additionally, you may evaluate how the addition of Sherwin Williams to your portfolios can decrease your overall portfolio volatility.
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Is Sherwin Williams' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sherwin Williams. If investors know Sherwin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sherwin Williams listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
2.42
Earnings Share
9.26
Revenue Per Share
90.258
Quarterly Revenue Growth
0.004
The market value of Sherwin-Williams is measured differently than its book value, which is the value of Sherwin that is recorded on the company's balance sheet. Investors also form their own opinion of Sherwin Williams' value that differs from its market value or its book value, called intrinsic value, which is Sherwin Williams' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sherwin Williams' market value can be influenced by many factors that don't directly affect Sherwin Williams' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sherwin Williams' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sherwin Williams is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sherwin Williams' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.