Bath Body Works Stock Market Value
| BBWI Stock | USD 45.60 0.47 1.04% |
| Symbol | Bath |
Bath Body Works Price To Book Ratio
Is Bath Body's 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 Bath Body. If investors know Bath 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 Bath Body 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 0.352 | Dividend Share 0.8 | Earnings Share 3.84 | Revenue Per Share 32.583 | Quarterly Revenue Growth 0.008 |
The market value of Bath Body Works is measured differently than its book value, which is the value of Bath that is recorded on the company's balance sheet. Investors also form their own opinion of Bath Body's value that differs from its market value or its book value, called intrinsic value, which is Bath Body's 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 Bath Body's market value can be influenced by many factors that don't directly affect Bath Body's 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 Bath Body's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bath Body is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bath Body's 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.
Bath Body '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 Bath Body's stock 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 Bath Body.
| 01/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Bath Body on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Bath Body Works or generate 0.0% return on investment in Bath Body over 90 days. Bath Body is related to or competes with Target, Lowes Companies, Kohls Corp, Gap, and Walmart. Bath Body Works, Inc. operates a specialty retailer of home fragrance, body care, and soaps and sanitizer products More
Bath Body 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 Bath Body's stock 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 Bath Body Works upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.18 | |||
| Information Ratio | 0.012 | |||
| Maximum Drawdown | 9.78 | |||
| Value At Risk | (3.30) | |||
| Potential Upside | 2.77 |
Bath Body Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Bath Body's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Bath Body's standard deviation. In reality, there are many statistical measures that can use Bath Body historical prices to predict the future Bath Body's volatility.| Risk Adjusted Performance | 0.0447 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | 0.0108 | |||
| Treynor Ratio | 0.0698 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Bath Body'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.
Bath Body Works Backtested Returns
We consider Bath Body very steady. Bath Body Works secures Sharpe Ratio (or Efficiency) of 0.0717, which signifies that the company had a 0.0717% return per unit of risk over the last 3 months. We have found thirty technical indicators for Bath Body Works, which you can use to evaluate the volatility of the firm. Please confirm Bath Body's Downside Deviation of 2.18, risk adjusted performance of 0.0447, and Mean Deviation of 1.55 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Bath Body has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.56, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bath Body will likely underperform. Bath Body Works right now shows a risk of 1.99%. Please confirm Bath Body Works maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Bath Body Works will be following its price patterns.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Bath Body Works has insignificant reverse predictability. Overlapping area represents the amount of predictability between Bath Body time series from 26th of January 2024 to 11th of March 2024 and 11th of March 2024 to 25th of April 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 Bath Body Works price movement. The serial correlation of -0.2 indicates that over 20.0% of current Bath Body price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 3.19 |
Bath Body Works lagged returns against current returns
Autocorrelation, which is Bath Body stock'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 Bath Body's stock expected returns. We can calculate the autocorrelation of Bath Body returns to help us make a trade decision. For example, suppose you find that Bath Body has exhibited high autocorrelation historically, and you observe that the stock 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 |
Bath Body 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 Bath Body stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Bath Body stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Bath Body stock over time.
Current vs Lagged Prices |
| Timeline |
Bath Body Lagged Returns
When evaluating Bath Body's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Bath Body stock have on its future price. Bath Body 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, Bath Body autocorrelation shows the relationship between Bath Body stock current value and its past values and can show if there is a momentum factor associated with investing in Bath Body Works.
Regressed Prices |
| Timeline |
Pair Trading with Bath Body
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 Bath Body 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 Bath Body will appreciate offsetting losses from the drop in the long position's value.Moving together with Bath Stock
| 0.63 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
Moving against Bath Stock
| 0.59 | LL | LL Flooring Holdings | PairCorr |
| 0.49 | AAN | Aarons | PairCorr |
| 0.48 | EXPE | Expedia Group Earnings Call This Week | PairCorr |
| 0.46 | BGI | Birks Group | PairCorr |
The ability to find closely correlated positions to Bath Body could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bath Body 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 Bath Body - 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 Bath Body Works to buy it.
The correlation of Bath Body 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 Bath Body moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bath Body Works 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 Bath Body 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.Check out Bath Body Correlation, Bath Body Volatility and Bath Body Alpha and Beta module to complement your research on Bath Body. You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Complementary Tools for Bath Stock analysis
When running Bath Body's price analysis, check to measure Bath Body'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 Bath Body is operating at the current time. Most of Bath Body's value examination focuses on studying past and present price action to predict the probability of Bath Body's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bath Body's price. Additionally, you may evaluate how the addition of Bath Body to your portfolios can decrease your overall portfolio volatility.
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Bath Body technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.