Is Procter Gamble (NYSE:PG) about to rebound?

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Rifka Kats .  Story
PG Stock  USD 139.97  1.43  1.01%   
Rifka Kats
By Rifka Kats
Macroaxis Story
While some baby boomers are getting worried about consumer defensive space, it is reasonable to digest Procter Gamble against economic and market trends. As expected, Procter Gamble is starting to reaffirm its true potential as shareholders are becoming more and more confident in the future outlook. The returns on the market and returns on Procter Gamble appear slightly-related for the last few months. The appearance of sound technical and fundamental indicators of the firm indicates a shorter-term price swing for shareholders of Procter. The stock experiences above-average trading activities.
Published over two months ago
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The company's average rating is Hold from 12 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on Procter Gamble market sentiment investors' perception of the future value of Procter. Let us look at a few aspects of Procter technical analysis.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of Procter Gamble. In general, we focus on analyzing Procter Gamble stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Procter Gamble's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Procter Gamble's intrinsic value. In addition to deriving basic predictive indicators for Procter Gamble, we also check how macroeconomic factors affect Procter Gamble price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Procter Gamble'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. Please use the tools below to analyze the current value of Procter Gamble in the context of predictive analytics.
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Procter Gamble. Your research has to be compared to or analyzed against Procter Gamble's peers to derive any actionable benefits. When done correctly, Procter Gamble's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Procter Gamble.

How does Procter Stands against Peers?

Analyzing Procter Gamble competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to Procter Gamble across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out Procter Gamble Competition Details

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Procter Gamble, but it might be worth checking our own buy vs. sell analysis

What is driving Procter Gamble Investor Appetite?

Procter Gamble has a beta of 0.7167. Let's try to break down what Procter's beta means in this case. As returns on the market increase, Procter Gamble returns are expected to increase less than the market. However, during the bear market, the loss on holding Procter Gamble will be expected to be smaller as well. The beta indicator helps investors understand whether Procter Gamble moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if Procter deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity generated the yearly revenue of 80.46 B. Reported Net Income was 14.29 B with gross profit of 38.21 B.

Possible December reversion of Procter?

Latest Market Risk Adjusted Performance is up to -0.08. Price may dip again. Procter Gamble exhibits very low volatility with skewness of 0.08 and kurtosis of -0.05. However, we advise investors to further study Procter Gamble technical indicators to ensure that all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Procter Gamble's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Procter Gamble's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Take On Procter Gamble

Although some firms in the household & personal products industry are either recovering or due for a correction, Procter may not be as strong as the others in terms of longer-term growth potentials. To conclude, as of the 19th of November 2022, our latest 90 days advice on the firm is Strong Hold. We believe Procter Gamble is fairly valued with low chance of distress for the next two years.

Editorial Staff

Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce. View Profile
This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Procter Gamble. Please refer to our Terms of Use for any information regarding our disclosure principles.

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