Koninklijke Philips Nv Stock Market Value
| PHG Stock | USD 19.98 0.17 0.84% |
| Symbol | Koninklijke |
Koninklijke Philips Price To Book Ratio
Is Koninklijke Philips' 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 Koninklijke Philips. If investors know Koninklijke 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 Koninklijke Philips 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 (0.72) | Earnings Share (0.51) | Revenue Per Share 19.804 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0087 |
The market value of Koninklijke Philips is measured differently than its book value, which is the value of Koninklijke that is recorded on the company's balance sheet. Investors also form their own opinion of Koninklijke Philips' value that differs from its market value or its book value, called intrinsic value, which is Koninklijke Philips' 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 Koninklijke Philips' market value can be influenced by many factors that don't directly affect Koninklijke Philips' 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 Koninklijke Philips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Koninklijke Philips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Koninklijke Philips' 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.
Koninklijke Philips '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 Koninklijke Philips' 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 Koninklijke Philips.
| 07/24/2023 |
| 04/19/2024 |
If you would invest 0.00 in Koninklijke Philips on July 24, 2023 and sell it all today you would earn a total of 0.00 from holding Koninklijke Philips NV or generate 0.0% return on investment in Koninklijke Philips over 270 days. Koninklijke Philips is related to or competes with Agilent Technologies, Illumina, Waters, Thermo Fisher, Mettler Toledo, Charles River, and Guardant Health. Koninklijke Philips N.V. operates as a health technology company in North America and internationally More
Koninklijke Philips 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 Koninklijke Philips' 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 Koninklijke Philips NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 6.09 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 1.96 |
Koninklijke Philips Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Koninklijke Philips' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Koninklijke Philips' standard deviation. In reality, there are many statistical measures that can use Koninklijke Philips historical prices to predict the future Koninklijke Philips' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Koninklijke Philips' 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.
Koninklijke Philips Backtested Returns
Koninklijke Philips has Sharpe Ratio of -0.16, which conveys that the firm had a -0.16% return per unit of risk over the last 3 months. Koninklijke Philips exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Koninklijke Philips' Standard Deviation of 1.47, mean deviation of 1.12, and Risk Adjusted Performance of (0.09) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.8, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Koninklijke Philips' returns are expected to increase less than the market. However, during the bear market, the loss of holding Koninklijke Philips is expected to be smaller as well. Koninklijke Philips has an expected return of -0.24%. Please make sure to verify Koninklijke Philips NV potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Koninklijke Philips performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.54 |
Modest predictability
Koninklijke Philips NV has modest predictability. Overlapping area represents the amount of predictability between Koninklijke Philips time series from 24th of July 2023 to 6th of December 2023 and 6th of December 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 Koninklijke Philips price movement. The serial correlation of 0.54 indicates that about 54.0% of current Koninklijke Philips price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 1.89 |
Koninklijke Philips lagged returns against current returns
Autocorrelation, which is Koninklijke Philips 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 Koninklijke Philips' stock expected returns. We can calculate the autocorrelation of Koninklijke Philips returns to help us make a trade decision. For example, suppose you find that Koninklijke Philips 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 |
Koninklijke Philips 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 Koninklijke Philips stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Koninklijke Philips stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Koninklijke Philips stock over time.
Current vs Lagged Prices |
| Timeline |
Koninklijke Philips Lagged Returns
When evaluating Koninklijke Philips' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Koninklijke Philips stock have on its future price. Koninklijke Philips 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, Koninklijke Philips autocorrelation shows the relationship between Koninklijke Philips stock current value and its past values and can show if there is a momentum factor associated with investing in Koninklijke Philips NV.
Regressed Prices |
| Timeline |
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 Koninklijke Philips 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, Koninklijke Philips' short interest history, or implied volatility extrapolated from Koninklijke Philips options trading.
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Check out Koninklijke Philips Correlation, Koninklijke Philips Volatility and Koninklijke Philips Alpha and Beta module to complement your research on Koninklijke Philips. Note that the Koninklijke Philips information on this page should be used as a complementary analysis to other Koninklijke Philips' 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 Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Koninklijke Stock analysis
When running Koninklijke Philips' price analysis, check to measure Koninklijke Philips' 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 Koninklijke Philips is operating at the current time. Most of Koninklijke Philips' value examination focuses on studying past and present price action to predict the probability of Koninklijke Philips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Philips' price. Additionally, you may evaluate how the addition of Koninklijke Philips to your portfolios can decrease your overall portfolio volatility.
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Koninklijke Philips 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.