CHURCH DWIGHT INC Market Value
| 171340AL6 | 80.38 0.00 0.00% |
| Symbol | CHURCH |
CHURCH '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 CHURCH's bond 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 CHURCH.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in CHURCH on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding CHURCH DWIGHT INC or generate 0.0% return on investment in CHURCH over 30 days. CHURCH is related to or competes with Catalyst Pharmaceuticals, Ecolab, CF Industries, Chemours, Mativ Holdings, and Hudson Technologies. More
CHURCH 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 CHURCH's bond 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 CHURCH DWIGHT INC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 4.85 | |||
| Value At Risk | (2.20) | |||
| Potential Upside | 2.52 |
CHURCH Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CHURCH's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CHURCH's standard deviation. In reality, there are many statistical measures that can use CHURCH historical prices to predict the future CHURCH's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | 0.5754 |
CHURCH DWIGHT INC Backtested Returns
CHURCH DWIGHT INC secures Sharpe Ratio (or Efficiency) of -0.086, which signifies that the bond had a -0.086% return per unit of volatility over the last 3 months. CHURCH DWIGHT INC exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CHURCH's risk adjusted performance of (0.02), and Mean Deviation of 0.9044 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.0884, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning CHURCH are expected to decrease at a much lower rate. During the bear market, CHURCH is likely to outperform the market.
Auto-correlation | -0.84 |
Excellent reverse predictability
CHURCH DWIGHT INC has excellent reverse predictability. Overlapping area represents the amount of predictability between CHURCH time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 CHURCH DWIGHT INC price movement. The serial correlation of -0.84 indicates that around 84.0% of current CHURCH price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.61 |
CHURCH DWIGHT INC lagged returns against current returns
Autocorrelation, which is CHURCH bond'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 CHURCH's bond expected returns. We can calculate the autocorrelation of CHURCH returns to help us make a trade decision. For example, suppose you find that CHURCH has exhibited high autocorrelation historically, and you observe that the bond 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 |
CHURCH 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 CHURCH bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CHURCH bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CHURCH bond over time.
Current vs Lagged Prices |
| Timeline |
CHURCH Lagged Returns
When evaluating CHURCH's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CHURCH bond have on its future price. CHURCH 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, CHURCH autocorrelation shows the relationship between CHURCH bond current value and its past values and can show if there is a momentum factor associated with investing in CHURCH DWIGHT INC.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in CHURCH Bond
CHURCH financial ratios help investors to determine whether CHURCH Bond is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CHURCH with respect to the benefits of owning CHURCH security.