Newell Brands Stock Market Value
| NWL Stock | USD 9.11 0.29 3.29% |
| Symbol | Newell |
Newell Brands Price To Book Ratio
Is Housewares & Specialties space 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 1.71 | Dividend Share 0.28 | Earnings Share (0.62) | Revenue Per Share 18.576 | Quarterly Revenue Growth (0.05) |
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.
| 09/15/2023 |
| 11/08/2024 |
If you would invest 0.00 in Newell Brands on September 15, 2023 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 420 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.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.0653 | |||
| Maximum Drawdown | 27.25 | |||
| Value At Risk | (3.56) | |||
| Potential Upside | 5.83 |
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 | 0.0971 | |||
| Jensen Alpha | 0.3121 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.1023 | |||
| Treynor Ratio | 0.6616 |
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 appears to be slightly risky, given 3 months investment horizon. Newell Brands has Sharpe Ratio of 0.14, which conveys that the firm had a 0.14% return per unit of risk over the last 3 months. By analyzing Newell Brands' technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please exercise Newell Brands' Mean Deviation of 2.44, downside deviation of 2.44, and Risk Adjusted Performance of 0.0971 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Newell Brands holds a performance score of 11. The company secures a Beta (Market Risk) of 0.64, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Newell Brands' returns are expected to increase less than the market. However, during the bear market, the loss of holding Newell Brands is expected to be smaller as well. Please check Newell Brands' downside variance, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Newell Brands' current price movements will revert.
Auto-correlation | -0.33 |
Poor reverse predictability
Newell Brands has poor reverse predictability. Overlapping area represents the amount of predictability between Newell Brands time series from 15th of September 2023 to 12th of April 2024 and 12th of April 2024 to 8th of November 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 -0.33 indicates that nearly 33.0% of current Newell Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.53 |
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 |
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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.