Energizer Holdings Stock Market Value

ENR Stock  USD 29.11  1.22  4.37%   
Energizer Holdings' market value is the price at which a share of Energizer Holdings trades on a public exchange. It measures the collective expectations of Energizer Holdings investors about its performance. Energizer Holdings is selling at 29.11 as of the 28th of March 2024; that is 4.37 percent increase since the beginning of the trading day. The stock's lowest day price was 28.15.
With this module, you can estimate the performance of a buy and hold strategy of Energizer Holdings and determine expected loss or profit from investing in Energizer Holdings over a given investment horizon. Check out Energizer Holdings Correlation, Energizer Holdings Volatility and Energizer Holdings Alpha and Beta module to complement your research on Energizer Holdings.
To learn how to invest in Energizer Stock, please use our How to Invest in Energizer Holdings guide.
Symbol

Energizer Holdings Price To Book Ratio

Is Energizer Holdings' 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 Energizer Holdings. If investors know Energizer 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 Energizer Holdings 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
(0.96)
Dividend Share
1.2
Earnings Share
1.29
Revenue Per Share
40.673
Quarterly Revenue Growth
(0.06)
The market value of Energizer Holdings is measured differently than its book value, which is the value of Energizer that is recorded on the company's balance sheet. Investors also form their own opinion of Energizer Holdings' value that differs from its market value or its book value, called intrinsic value, which is Energizer Holdings' 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 Energizer Holdings' market value can be influenced by many factors that don't directly affect Energizer Holdings' 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 Energizer Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Energizer Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Energizer Holdings' 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.

Energizer Holdings '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 Energizer Holdings' 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 Energizer Holdings.
0.00
07/02/2023
No Change 0.00  0.0 
In 8 months and 28 days
03/28/2024
0.00
If you would invest  0.00  in Energizer Holdings on July 2, 2023 and sell it all today you would earn a total of 0.00 from holding Energizer Holdings or generate 0.0% return on investment in Energizer Holdings over 270 days. Energizer Holdings is related to or competes with Colgate Palmolive, Estee Lauder, Procter Gamble, United Guardian, Unilever PLC, Veru, and Mannatech Incorporated. Energizer Holdings, Inc., together with its subsidiaries, manufactures, markets, and distributes household batteries, sp... More

Energizer Holdings 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 Energizer Holdings' 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 Energizer Holdings upside and downside potential and time the market with a certain degree of confidence.

Energizer Holdings Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Energizer Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Energizer Holdings' standard deviation. In reality, there are many statistical measures that can use Energizer Holdings historical prices to predict the future Energizer Holdings' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Energizer Holdings' 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
27.5229.1330.74
Details
Intrinsic
Valuation
LowRealHigh
26.2032.7734.38
Details
Naive
Forecast
LowNextHigh
26.3627.9729.57
Details
9 Analysts
Consensus
LowTargetHigh
32.6735.9039.85
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Energizer Holdings. Your research has to be compared to or analyzed against Energizer Holdings' peers to derive any actionable benefits. When done correctly, Energizer Holdings' 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 Energizer Holdings.

Energizer Holdings Backtested Returns

Energizer Holdings secures Sharpe Ratio (or Efficiency) of -0.0654, which denotes the company had a -0.0654% return per unit of risk over the last 3 months. Energizer Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Energizer Holdings' Mean Deviation of 1.1, standard deviation of 1.61, and Variance of 2.6 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.98, which means 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, Energizer Holdings will likely underperform. Energizer Holdings has an expected return of -0.11%. Please make sure to confirm Energizer Holdings treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Energizer Holdings performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.56  

Modest predictability

Energizer Holdings has modest predictability. Overlapping area represents the amount of predictability between Energizer Holdings time series from 2nd of July 2023 to 14th of November 2023 and 14th of November 2023 to 28th of March 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 Energizer Holdings price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Energizer Holdings price fluctuation can be explain by its past prices.
Correlation Coefficient0.56
Spearman Rank Test0.56
Residual Average0.0
Price Variance2.17

Energizer Holdings lagged returns against current returns

Autocorrelation, which is Energizer Holdings 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 Energizer Holdings' stock expected returns. We can calculate the autocorrelation of Energizer Holdings returns to help us make a trade decision. For example, suppose you find that Energizer Holdings 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  

Energizer Holdings 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 Energizer Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Energizer Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Energizer Holdings stock over time.
   Current vs Lagged Prices   
       Timeline  

Energizer Holdings Lagged Returns

When evaluating Energizer Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Energizer Holdings stock have on its future price. Energizer Holdings 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, Energizer Holdings autocorrelation shows the relationship between Energizer Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Energizer Holdings.
   Regressed Prices   
       Timeline  

Pair Trading with Energizer Holdings

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 Energizer Holdings 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 Energizer Holdings will appreciate offsetting losses from the drop in the long position's value.

Moving against Energizer Stock

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The ability to find closely correlated positions to Energizer Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Energizer Holdings 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 Energizer Holdings - 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 Energizer Holdings to buy it.
The correlation of Energizer Holdings 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 Energizer Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Energizer Holdings 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 Energizer Holdings 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.
Pair CorrelationCorrelation Matching
When determining whether Energizer Holdings is a strong investment it is important to analyze Energizer Holdings' 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 Energizer Holdings' future performance. For an informed investment choice regarding Energizer Stock, refer to the following important reports:
Check out Energizer Holdings Correlation, Energizer Holdings Volatility and Energizer Holdings Alpha and Beta module to complement your research on Energizer Holdings.
To learn how to invest in Energizer Stock, please use our How to Invest in Energizer Holdings guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Energizer Holdings' price analysis, check to measure Energizer Holdings' 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 Energizer Holdings is operating at the current time. Most of Energizer Holdings' value examination focuses on studying past and present price action to predict the probability of Energizer Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Energizer Holdings' price. Additionally, you may evaluate how the addition of Energizer Holdings to your portfolios can decrease your overall portfolio volatility.
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Energizer Holdings 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.
A focus of Energizer Holdings technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Energizer Holdings trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...