Newell Brands Stock Market Value
| NWL Stock | USD 6.94 0.06 0.87% |
| Symbol | Newell |
Newell Brands Price To Book Ratio
Is Newell Brands' 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 Newell Brands. If investors know Newell 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 Newell Brands 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 (0.92) | Dividend Share 0.44 | Earnings Share (0.94) | Revenue Per Share 19.64 | Quarterly Revenue Growth (0.09) |
The market value of Newell Brands is measured differently than its book value, which is the value of Newell that is recorded on the company's balance sheet. Investors also form their own opinion of Newell Brands' value that differs from its market value or its book value, called intrinsic value, which is Newell Brands' 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 Newell Brands' market value can be influenced by many factors that don't directly affect Newell Brands' 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 Newell Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Newell Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newell Brands' 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.
Newell Brands '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 Newell Brands' 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 Newell Brands.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Newell Brands on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Newell Brands or generate 0.0% return on investment in Newell Brands over 30 days. Newell Brands is related to or competes with Clorox, Colgate Palmolive, Procter Gamble, Unilever PLC, Church Dwight, Kimberly Clark, and Estee Lauder. Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide More
Newell Brands 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 Newell Brands' 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 Newell Brands upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 25.76 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 5.96 |
Newell Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newell Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Newell Brands' standard deviation. In reality, there are many statistical measures that can use Newell Brands historical prices to predict the future Newell Brands' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.31) | |||
| Total Risk Alpha | (0.62) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Newell Brands' 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.
Newell Brands Backtested Returns
Newell Brands has Sharpe Ratio of -0.0543, which conveys that the firm had a -0.0543% return per unit of risk over the last 3 months. Newell Brands exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Newell Brands' Risk Adjusted Performance of (0.02), standard deviation of 3.63, and Mean Deviation of 2.44 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.85, which conveys 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, Newell Brands will likely underperform. Newell Brands has an expected return of -0.2%. Please make sure to verify Newell Brands maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Newell Brands performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
Newell Brands has average predictability. Overlapping area represents the amount of predictability between Newell Brands time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Newell Brands price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Newell Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Newell Brands lagged returns against current returns
Autocorrelation, which is Newell Brands 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 Newell Brands' stock expected returns. We can calculate the autocorrelation of Newell Brands returns to help us make a trade decision. For example, suppose you find that Newell Brands 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 |
Newell Brands 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 Newell Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Newell Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Newell Brands stock over time.
Current vs Lagged Prices |
| Timeline |
Newell Brands Lagged Returns
When evaluating Newell Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Newell Brands stock have on its future price. Newell Brands 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, Newell Brands autocorrelation shows the relationship between Newell Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Newell Brands.
Regressed Prices |
| Timeline |
Newell Brands Investors Sentiment
The influence of Newell Brands' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Newell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Newell Brands' public news can be used to forecast risks associated with an investment in Newell. The trend in average sentiment can be used to explain how an investor holding Newell can time the market purely based on public headlines and social activities around Newell Brands. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Newell Brands' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Newell Brands' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Newell Brands' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Newell Brands.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Newell Brands in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Newell Brands' short interest history, or implied volatility extrapolated from Newell Brands options trading.
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When running Newell Brands' price analysis, check to measure Newell Brands' 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 Newell Brands is operating at the current time. Most of Newell Brands' value examination focuses on studying past and present price action to predict the probability of Newell Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Newell Brands' price. Additionally, you may evaluate how the addition of Newell Brands to your portfolios can decrease your overall portfolio volatility.
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Newell Brands 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.