Edgewell Personal Care Stock Market Value
| EPC Stock | USD 37.52 0.30 0.79% |
| Symbol | Edgewell |
Edgewell Personal Care Price To Book Ratio
Is Edgewell Personal'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 Edgewell Personal. If investors know Edgewell 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 Edgewell Personal 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 (0.62) | Dividend Share 0.6 | Earnings Share 2.06 | Revenue Per Share 44.691 | Quarterly Revenue Growth 0.042 |
The market value of Edgewell Personal Care is measured differently than its book value, which is the value of Edgewell that is recorded on the company's balance sheet. Investors also form their own opinion of Edgewell Personal's value that differs from its market value or its book value, called intrinsic value, which is Edgewell Personal'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 Edgewell Personal's market value can be influenced by many factors that don't directly affect Edgewell Personal'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 Edgewell Personal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edgewell Personal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edgewell Personal'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.
Edgewell Personal '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 Edgewell Personal'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 Edgewell Personal.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in Edgewell Personal on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding Edgewell Personal Care or generate 0.0% return on investment in Edgewell Personal over 30 days. Edgewell Personal is related to or competes with Procter Gamble, Colgate Palmolive, Hims Hers, Newell Brands, and Virgin Group. Edgewell Personal Care Company, together with its subsidiaries, manufactures and markets personal care products worldwid... More
Edgewell Personal 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 Edgewell Personal'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 Edgewell Personal Care upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.22 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.0 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 2.32 |
Edgewell Personal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edgewell Personal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Edgewell Personal's standard deviation. In reality, there are many statistical measures that can use Edgewell Personal historical prices to predict the future Edgewell Personal's volatility.| Risk Adjusted Performance | 0.0099 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.0003) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Edgewell Personal'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.
Edgewell Personal Care Backtested Returns
Edgewell Personal Care secures Sharpe Ratio (or Efficiency) of -0.0041, which denotes the company had a -0.0041% return per unit of risk over the last 3 months. Edgewell Personal Care exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Edgewell Personal's Downside Deviation of 1.22, mean deviation of 0.9915, and Coefficient Of Variation of 13544.35 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.07, which means a somewhat significant risk relative to the market. Edgewell Personal returns are very sensitive to returns on the market. As the market goes up or down, Edgewell Personal is expected to follow. Edgewell Personal Care has an expected return of -0.0054%. Please make sure to confirm Edgewell Personal Care maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Edgewell Personal Care performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Edgewell Personal Care has insignificant reverse predictability. Overlapping area represents the amount of predictability between Edgewell Personal time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 Edgewell Personal Care price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Edgewell Personal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Edgewell Personal Care lagged returns against current returns
Autocorrelation, which is Edgewell Personal 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 Edgewell Personal's stock expected returns. We can calculate the autocorrelation of Edgewell Personal returns to help us make a trade decision. For example, suppose you find that Edgewell Personal 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 |
Edgewell Personal 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 Edgewell Personal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Edgewell Personal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Edgewell Personal stock over time.
Current vs Lagged Prices |
| Timeline |
Edgewell Personal Lagged Returns
When evaluating Edgewell Personal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Edgewell Personal stock have on its future price. Edgewell Personal 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, Edgewell Personal autocorrelation shows the relationship between Edgewell Personal stock current value and its past values and can show if there is a momentum factor associated with investing in Edgewell Personal Care.
Regressed Prices |
| Timeline |
Pair Trading with Edgewell Personal
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 Edgewell Personal 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 Edgewell Personal will appreciate offsetting losses from the drop in the long position's value.Moving together with Edgewell Stock
| 0.61 | UG | United Guardian | PairCorr |
The ability to find closely correlated positions to Edgewell Personal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Edgewell Personal 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 Edgewell Personal - 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 Edgewell Personal Care to buy it.
The correlation of Edgewell Personal 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 Edgewell Personal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Edgewell Personal Care 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 Edgewell Personal 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 Edgewell Personal Correlation, Edgewell Personal Volatility and Edgewell Personal Alpha and Beta module to complement your research on Edgewell Personal. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
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When running Edgewell Personal's price analysis, check to measure Edgewell Personal'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 Edgewell Personal is operating at the current time. Most of Edgewell Personal's value examination focuses on studying past and present price action to predict the probability of Edgewell Personal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edgewell Personal's price. Additionally, you may evaluate how the addition of Edgewell Personal to your portfolios can decrease your overall portfolio volatility.
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Edgewell Personal 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.