Sherwin Williams Co Stock Market Value
| SHW Stock | USD 399.71 11.41 2.94% |
| Symbol | Sherwin |
Is Specialty Chemicals 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 Sherwin Williams. If investors know Sherwin 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 Sherwin Williams listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sherwin Williams is measured differently than its book value, which is the value of Sherwin that is recorded on the company's balance sheet. Investors also form their own opinion of Sherwin Williams' value that differs from its market value or its book value, called intrinsic value, which is Sherwin Williams' 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 Sherwin Williams' market value can be influenced by many factors that don't directly affect Sherwin Williams' 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 Sherwin Williams' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sherwin Williams is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sherwin Williams' 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.
Sherwin Williams '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 Sherwin Williams' 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 Sherwin Williams.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Sherwin Williams on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Sherwin Williams Co or generate 0.0% return on investment in Sherwin Williams over 60 days. Sherwin Williams is related to or competes with Air Products, Linde Plc, Ecolab, RPM International, PPG Industries, LyondellBasell Industries, and Albemarle Corp. The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to pr... More
Sherwin Williams 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 Sherwin Williams' 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 Sherwin Williams Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.26 | |||
| Information Ratio | 0.0307 | |||
| Maximum Drawdown | 7.77 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 2.43 |
Sherwin Williams Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sherwin Williams' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sherwin Williams' standard deviation. In reality, there are many statistical measures that can use Sherwin Williams historical prices to predict the future Sherwin Williams' volatility.| Risk Adjusted Performance | 0.0991 | |||
| Jensen Alpha | 0.0852 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0337 | |||
| Treynor Ratio | 0.252 |
Sherwin Williams Backtested Returns
At this stage we consider Sherwin Stock to be very steady. Sherwin Williams owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sherwin Williams Co, which you can use to evaluate the volatility of the company. Please validate Sherwin Williams' Risk Adjusted Performance of 0.0991, semi deviation of 1.15, and Coefficient Of Variation of 807.2 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Sherwin Williams has a performance score of 9 on a scale of 0 to 100. The entity has a beta of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sherwin Williams' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sherwin Williams is expected to be smaller as well. Sherwin Williams right now has a risk of 1.38%. Please validate Sherwin Williams sortino ratio, as well as the relationship between the semi variance and rate of daily change , to decide if Sherwin Williams will be following its existing price patterns.
Auto-correlation | -0.29 |
Weak reverse predictability
Sherwin Williams Co has weak reverse predictability. Overlapping area represents the amount of predictability between Sherwin Williams time series from 27th of September 2024 to 27th of October 2024 and 27th of October 2024 to 26th 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 Sherwin Williams price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Sherwin Williams price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 145.31 |
Sherwin Williams lagged returns against current returns
Autocorrelation, which is Sherwin Williams 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 Sherwin Williams' stock expected returns. We can calculate the autocorrelation of Sherwin Williams returns to help us make a trade decision. For example, suppose you find that Sherwin Williams 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 |
Sherwin Williams 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 Sherwin Williams stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sherwin Williams stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sherwin Williams stock over time.
Current vs Lagged Prices |
| Timeline |
Sherwin Williams Lagged Returns
When evaluating Sherwin Williams' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sherwin Williams stock have on its future price. Sherwin Williams 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, Sherwin Williams autocorrelation shows the relationship between Sherwin Williams stock current value and its past values and can show if there is a momentum factor associated with investing in Sherwin Williams Co.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Sherwin Stock Analysis
When running Sherwin Williams' price analysis, check to measure Sherwin Williams' 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 Sherwin Williams is operating at the current time. Most of Sherwin Williams' value examination focuses on studying past and present price action to predict the probability of Sherwin Williams' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sherwin Williams' price. Additionally, you may evaluate how the addition of Sherwin Williams to your portfolios can decrease your overall portfolio volatility.