Prestige Brand Holdings Stock Market Value
| PBH Stock | USD 63.97 0.14 0.22% |
| Symbol | Prestige |
Prestige Brand Holdings Price To Book Ratio
Is Prestige Brand'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 Prestige Brand. If investors know Prestige 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 Prestige Brand 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 0.019 | Earnings Share 4.17 | Revenue Per Share 22.617 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0642 |
The market value of Prestige Brand Holdings is measured differently than its book value, which is the value of Prestige that is recorded on the company's balance sheet. Investors also form their own opinion of Prestige Brand's value that differs from its market value or its book value, called intrinsic value, which is Prestige Brand'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 Prestige Brand's market value can be influenced by many factors that don't directly affect Prestige Brand'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 Prestige Brand's value and its price as these two are different measures arrived at by different means. Investors typically determine if Prestige Brand is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Prestige Brand'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.
Prestige Brand '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 Prestige Brand'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 Prestige Brand.
| 02/28/2024 |
| 05/28/2024 |
If you would invest 0.00 in Prestige Brand on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Prestige Brand Holdings or generate 0.0% return on investment in Prestige Brand over 90 days. Prestige Brand is related to or competes with Neurocrine Biosciences, Pfizer, Agilent Technologies, Dell Technologies, Anheuser Busch, Illinois Tool, and Merck. Prestige Consumer Healthcare Inc., together with its subsidiaries, develops, manufactures, markets, distributes, and sel... More
Prestige Brand 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 Prestige Brand'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 Prestige Brand Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 9.65 | |||
| Value At Risk | (2.23) | |||
| Potential Upside | 1.8 |
Prestige Brand Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Prestige Brand's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Prestige Brand's standard deviation. In reality, there are many statistical measures that can use Prestige Brand historical prices to predict the future Prestige Brand's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.21) | |||
| 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 Prestige Brand'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.
Prestige Brand Holdings Backtested Returns
Prestige Brand Holdings maintains Sharpe Ratio (i.e., Efficiency) of -0.0898, which implies the firm had a -0.0898% return per unit of risk over the last 3 months. Prestige Brand Holdings exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Prestige Brand's Variance of 1.82, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,182) to confirm the risk estimate we provide. The company holds a Beta of 0.42, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Prestige Brand's returns are expected to increase less than the market. However, during the bear market, the loss of holding Prestige Brand is expected to be smaller as well. Prestige Brand Holdings has an expected return of -0.12%. Please make sure to check Prestige Brand Holdings skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Prestige Brand Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.86 |
Very good predictability
Prestige Brand Holdings has very good predictability. Overlapping area represents the amount of predictability between Prestige Brand time series from 28th of February 2024 to 13th of April 2024 and 13th of April 2024 to 28th 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 Prestige Brand Holdings price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current Prestige Brand price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 7.05 |
Prestige Brand Holdings lagged returns against current returns
Autocorrelation, which is Prestige Brand 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 Prestige Brand's stock expected returns. We can calculate the autocorrelation of Prestige Brand returns to help us make a trade decision. For example, suppose you find that Prestige Brand 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 |
Prestige Brand 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 Prestige Brand stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Prestige Brand stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Prestige Brand stock over time.
Current vs Lagged Prices |
| Timeline |
Prestige Brand Lagged Returns
When evaluating Prestige Brand's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Prestige Brand stock have on its future price. Prestige Brand 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, Prestige Brand autocorrelation shows the relationship between Prestige Brand stock current value and its past values and can show if there is a momentum factor associated with investing in Prestige Brand Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Prestige Brand Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Prestige Brand's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Prestige Brand Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Prestige Brand Holdings Stock:Check out Prestige Brand Correlation, Prestige Brand Volatility and Prestige Brand Alpha and Beta module to complement your research on Prestige Brand. Note that the Prestige Brand Holdings information on this page should be used as a complementary analysis to other Prestige Brand'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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Prestige Stock analysis
When running Prestige Brand's price analysis, check to measure Prestige Brand'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 Prestige Brand is operating at the current time. Most of Prestige Brand's value examination focuses on studying past and present price action to predict the probability of Prestige Brand's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Prestige Brand's price. Additionally, you may evaluate how the addition of Prestige Brand to your portfolios can decrease your overall portfolio volatility.
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Prestige Brand 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.