COLGATE PALMOLIVE MEDIUM TERM Market Value
| 19416QEJ5 | 86.99 0.07 0.08% |
| Symbol | COLGATE |
COLGATE '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 COLGATE'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 COLGATE.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in COLGATE on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding COLGATE PALMOLIVE MEDIUM TERM or generate 0.0% return on investment in COLGATE over 30 days. COLGATE is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. More
COLGATE 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 COLGATE'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 COLGATE PALMOLIVE MEDIUM TERM upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 13.31 | |||
| Value At Risk | (2.08) | |||
| Potential Upside | 2.07 |
COLGATE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COLGATE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COLGATE's standard deviation. In reality, there are many statistical measures that can use COLGATE historical prices to predict the future COLGATE's volatility.| Risk Adjusted Performance | 0.0221 | |||
| Jensen Alpha | 0.0523 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.11) |
COLGATE PALMOLIVE Backtested Returns
COLGATE PALMOLIVE secures Sharpe Ratio (or Efficiency) of -0.0638, which signifies that the bond had a -0.0638% return per unit of return volatility over the last 3 months. COLGATE PALMOLIVE MEDIUM TERM exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm COLGATE's Risk Adjusted Performance of 0.0221, semi deviation of 1.3, and Mean Deviation of 1.03 to double-check the risk estimate we provide. The bond shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning COLGATE are expected to decrease at a much lower rate. During the bear market, COLGATE is likely to outperform the market.
Auto-correlation | -0.35 |
Poor reverse predictability
COLGATE PALMOLIVE MEDIUM TERM has poor reverse predictability. Overlapping area represents the amount of predictability between COLGATE time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 COLGATE PALMOLIVE price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current COLGATE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 8.36 |
COLGATE PALMOLIVE lagged returns against current returns
Autocorrelation, which is COLGATE 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 COLGATE's bond expected returns. We can calculate the autocorrelation of COLGATE returns to help us make a trade decision. For example, suppose you find that COLGATE 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 |
COLGATE 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 COLGATE bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COLGATE bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COLGATE bond over time.
Current vs Lagged Prices |
| Timeline |
COLGATE Lagged Returns
When evaluating COLGATE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COLGATE bond have on its future price. COLGATE 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, COLGATE autocorrelation shows the relationship between COLGATE bond current value and its past values and can show if there is a momentum factor associated with investing in COLGATE PALMOLIVE MEDIUM TERM.
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 COLGATE Bond
COLGATE financial ratios help investors to determine whether COLGATE 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 COLGATE with respect to the benefits of owning COLGATE security.