Cnh Industrial Nv Stock Market Value
| CNHI Stock | USD 12.40 0.04 0.32% |
| Symbol | CNH |
CNH Industrial NV Price To Book Ratio
Is CNH Industrial'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 CNH Industrial. If investors know CNH 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 CNH Industrial 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 0.065 | Dividend Share 0.47 | Earnings Share 1.76 | Revenue Per Share 18.534 | Quarterly Revenue Growth (0.02) |
The market value of CNH Industrial NV is measured differently than its book value, which is the value of CNH that is recorded on the company's balance sheet. Investors also form their own opinion of CNH Industrial's value that differs from its market value or its book value, called intrinsic value, which is CNH Industrial'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 CNH Industrial's market value can be influenced by many factors that don't directly affect CNH Industrial'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 CNH Industrial's value and its price as these two are different measures arrived at by different means. Investors typically determine if CNH Industrial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CNH Industrial'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.
CNH Industrial '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 CNH Industrial'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 CNH Industrial.
| 05/30/2022 |
| 04/19/2024 |
If you would invest 0.00 in CNH Industrial on May 30, 2022 and sell it all today you would earn a total of 0.00 from holding CNH Industrial NV or generate 0.0% return on investment in CNH Industrial over 690 days. CNH Industrial is related to or competes with Shyft, Manitowoc, Oshkosh, Terex, Alamo, Hyster Yale, and Columbus McKinnon. CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, com... More
CNH Industrial 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 CNH Industrial'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 CNH Industrial NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0386 | |||
| Maximum Drawdown | 9.24 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 2.73 |
CNH Industrial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CNH Industrial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CNH Industrial's standard deviation. In reality, there are many statistical measures that can use CNH Industrial historical prices to predict the future CNH Industrial's volatility.| Risk Adjusted Performance | 0.0554 | |||
| Jensen Alpha | 0.0402 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0426 | |||
| Treynor Ratio | 0.0869 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of CNH Industrial'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.
CNH Industrial NV Backtested Returns
We consider CNH Industrial not too volatile. CNH Industrial NV secures Sharpe Ratio (or Efficiency) of 0.06, which signifies that the company had a 0.06% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for CNH Industrial NV, which you can use to evaluate the volatility of the firm. Please confirm CNH Industrial's Semi Deviation of 1.38, risk adjusted performance of 0.0554, and Mean Deviation of 1.24 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. CNH Industrial has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.42, 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, CNH Industrial will likely underperform. CNH Industrial NV now shows a risk of 1.71%. Please confirm CNH Industrial NV downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to decide if CNH Industrial NV will be following its price patterns.
Auto-correlation | -0.68 |
Very good reverse predictability
CNH Industrial NV has very good reverse predictability. Overlapping area represents the amount of predictability between CNH Industrial time series from 30th of May 2022 to 10th of May 2023 and 10th of May 2023 to 19th 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 CNH Industrial NV price movement. The serial correlation of -0.68 indicates that around 68.0% of current CNH Industrial price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.68 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 1.7 |
CNH Industrial NV lagged returns against current returns
Autocorrelation, which is CNH Industrial 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 CNH Industrial's stock expected returns. We can calculate the autocorrelation of CNH Industrial returns to help us make a trade decision. For example, suppose you find that CNH Industrial 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 |
CNH Industrial 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 CNH Industrial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CNH Industrial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CNH Industrial stock over time.
Current vs Lagged Prices |
| Timeline |
CNH Industrial Lagged Returns
When evaluating CNH Industrial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CNH Industrial stock have on its future price. CNH Industrial 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, CNH Industrial autocorrelation shows the relationship between CNH Industrial stock current value and its past values and can show if there is a momentum factor associated with investing in CNH Industrial NV.
Regressed Prices |
| Timeline |
Pair Trading with CNH Industrial
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 CNH Industrial 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 CNH Industrial will appreciate offsetting losses from the drop in the long position's value.Moving together with CNH Stock
| 0.73 | DE | Deere Company Financial Report 17th of May 2024 | PairCorr |
Moving against CNH Stock
| 0.67 | GP | GreenPower Motor Financial Report 12th of July 2024 | PairCorr |
| 0.6 | IDEX | Ideanomics | PairCorr |
| 0.56 | ZEVYW | Lightning eMotors | PairCorr |
| 0.54 | LNN | Lindsay Financial Report 4th of July 2024 | PairCorr |
| 0.53 | TWI | Titan International Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to CNH Industrial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CNH Industrial 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 CNH Industrial - 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 CNH Industrial NV to buy it.
The correlation of CNH Industrial 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 CNH Industrial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CNH Industrial NV 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 CNH Industrial 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 CNH Industrial Correlation, CNH Industrial Volatility and CNH Industrial Alpha and Beta module to complement your research on CNH Industrial. Note that the CNH Industrial NV information on this page should be used as a complementary analysis to other CNH Industrial'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 Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for CNH Stock analysis
When running CNH Industrial's price analysis, check to measure CNH Industrial'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 CNH Industrial is operating at the current time. Most of CNH Industrial's value examination focuses on studying past and present price action to predict the probability of CNH Industrial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CNH Industrial's price. Additionally, you may evaluate how the addition of CNH Industrial to your portfolios can decrease your overall portfolio volatility.
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CNH Industrial 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.