Church Dwight Stock Market Value
| CHD Stock | USD 107.35 0.64 0.60% |
| Symbol | Church |
Church Dwight Price To Book Ratio
Is Church Dwight'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 Church Dwight. If investors know Church 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 Church Dwight 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 1.09 | Earnings Share 3.05 | Revenue Per Share 23.96 | Quarterly Revenue Growth 0.064 |
The market value of Church Dwight is measured differently than its book value, which is the value of Church that is recorded on the company's balance sheet. Investors also form their own opinion of Church Dwight's value that differs from its market value or its book value, called intrinsic value, which is Church Dwight'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 Church Dwight's market value can be influenced by many factors that don't directly affect Church Dwight'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 Church Dwight's value and its price as these two are different measures arrived at by different means. Investors typically determine if Church Dwight is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Church Dwight'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.
Church Dwight '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 Church Dwight'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 Church Dwight.
| 05/06/2022 |
| 04/25/2024 |
If you would invest 0.00 in Church Dwight on May 6, 2022 and sell it all today you would earn a total of 0.00 from holding Church Dwight or generate 0.0% return on investment in Church Dwight over 720 days. Church Dwight is related to or competes with Unilever PLC, Estee Lauder, and Reckitt Benckiser. Church Dwight Co., Inc. develops, manufactures, and markets household, personal care, and specialty products More
Church Dwight 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 Church Dwight'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 Church Dwight upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.05 | |||
| Information Ratio | 0.0698 | |||
| Maximum Drawdown | 4.35 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.64 |
Church Dwight Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Church Dwight's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Church Dwight's standard deviation. In reality, there are many statistical measures that can use Church Dwight historical prices to predict the future Church Dwight's volatility.| Risk Adjusted Performance | 0.1058 | |||
| Jensen Alpha | 0.1092 | |||
| Total Risk Alpha | 0.0267 | |||
| Sortino Ratio | 0.062 | |||
| Treynor Ratio | 0.3317 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Church Dwight'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.
Church Dwight Backtested Returns
We consider Church Dwight very steady. Church Dwight secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Church Dwight, which you can use to evaluate the volatility of the firm. Please confirm Church Dwight's Downside Deviation of 1.05, risk adjusted performance of 0.1058, and Mean Deviation of 0.7241 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Church Dwight has a performance score of 12 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Church Dwight's returns are expected to increase less than the market. However, during the bear market, the loss of holding Church Dwight is expected to be smaller as well. Church Dwight right now shows a risk of 0.86%. Please confirm Church Dwight sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if Church Dwight will be following its price patterns.
Auto-correlation | 0.58 |
Modest predictability
Church Dwight has modest predictability. Overlapping area represents the amount of predictability between Church Dwight time series from 6th of May 2022 to 1st of May 2023 and 1st of May 2023 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 Church Dwight price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Church Dwight price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 19.76 |
Church Dwight lagged returns against current returns
Autocorrelation, which is Church Dwight 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 Church Dwight's stock expected returns. We can calculate the autocorrelation of Church Dwight returns to help us make a trade decision. For example, suppose you find that Church Dwight 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 |
Church Dwight 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 Church Dwight stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Church Dwight stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Church Dwight stock over time.
Current vs Lagged Prices |
| Timeline |
Church Dwight Lagged Returns
When evaluating Church Dwight's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Church Dwight stock have on its future price. Church Dwight 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, Church Dwight autocorrelation shows the relationship between Church Dwight stock current value and its past values and can show if there is a momentum factor associated with investing in Church Dwight.
Regressed Prices |
| Timeline |
Pair Trading with Church Dwight
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 Church Dwight 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 Church Dwight will appreciate offsetting losses from the drop in the long position's value.Moving together with Church Stock
| 0.89 | CL | Colgate Palmolive Earnings Call Tomorrow | PairCorr |
| 0.67 | PG | Procter Gamble Financial Report 26th of July 2024 | PairCorr |
Moving against Church Stock
| 0.76 | ACU | Acme United | PairCorr |
| 0.74 | EWCZ | European Wax Center Financial Report 8th of May 2024 | PairCorr |
| 0.59 | NUS | Nu Skin Enterprises Financial Report 1st of May 2024 | PairCorr |
| 0.57 | IPAR | Inter Parfums Financial Report 13th of May 2024 | PairCorr |
| 0.53 | MTEX | Mannatech Incorporated | PairCorr |
The ability to find closely correlated positions to Church Dwight could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Church Dwight 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 Church Dwight - 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 Church Dwight to buy it.
The correlation of Church Dwight 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 Church Dwight moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Church Dwight 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 Church Dwight 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 Church Dwight Correlation, Church Dwight Volatility and Church Dwight Alpha and Beta module to complement your research on Church Dwight. For information on how to trade Church Stock refer to our How to Trade Church Stock guide.Note that the Church Dwight information on this page should be used as a complementary analysis to other Church Dwight's 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 Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.
Complementary Tools for Church Stock analysis
When running Church Dwight's price analysis, check to measure Church Dwight'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 Church Dwight is operating at the current time. Most of Church Dwight's value examination focuses on studying past and present price action to predict the probability of Church Dwight's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Church Dwight's price. Additionally, you may evaluate how the addition of Church Dwight to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets |
Church Dwight 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.