EMERSON ELECTRIC CO Market Value
| 291011BP8 | 90.75 3.18 3.39% |
| Symbol | EMERSON |
EMERSON '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 EMERSON'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 EMERSON.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in EMERSON on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding EMERSON ELECTRIC CO or generate 0.0% return on investment in EMERSON over 720 days. EMERSON is related to or competes with Sabre Corpo, Willamette Valley, Eldorado Gold, Naked Wines, Papaya Growth, National Beverage, and Diageo PLC. More
EMERSON 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 EMERSON'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 EMERSON ELECTRIC CO upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 6.87 | |||
| Value At Risk | (0.62) | |||
| Potential Upside | 0.8106 |
EMERSON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EMERSON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EMERSON's standard deviation. In reality, there are many statistical measures that can use EMERSON historical prices to predict the future EMERSON's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (1.83) |
EMERSON ELECTRIC Backtested Returns
EMERSON ELECTRIC secures Sharpe Ratio (or Efficiency) of -0.0949, which denotes the bond had a -0.0949% return per unit of return volatility over the last 3 months. EMERSON ELECTRIC CO exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm EMERSON's standard deviation of 0.9535, and Mean Deviation of 0.4107 to check the risk estimate we provide. The bond shows a Beta (market volatility) of 0.0308, which means not very significant fluctuations relative to the market. As returns on the market increase, EMERSON's returns are expected to increase less than the market. However, during the bear market, the loss of holding EMERSON is expected to be smaller as well.
Auto-correlation | -0.05 |
Very weak reverse predictability
EMERSON ELECTRIC CO has very weak reverse predictability. Overlapping area represents the amount of predictability between EMERSON time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st of December 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 EMERSON ELECTRIC price movement. The serial correlation of -0.05 indicates that only as little as 5.0% of current EMERSON price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.05 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 2.08 |
EMERSON ELECTRIC lagged returns against current returns
Autocorrelation, which is EMERSON 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 EMERSON's bond expected returns. We can calculate the autocorrelation of EMERSON returns to help us make a trade decision. For example, suppose you find that EMERSON 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 |
EMERSON 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 EMERSON bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EMERSON bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EMERSON bond over time.
Current vs Lagged Prices |
| Timeline |
EMERSON Lagged Returns
When evaluating EMERSON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EMERSON bond have on its future price. EMERSON 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, EMERSON autocorrelation shows the relationship between EMERSON bond current value and its past values and can show if there is a momentum factor associated with investing in EMERSON ELECTRIC CO.
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 EMERSON Bond
EMERSON financial ratios help investors to determine whether EMERSON 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 EMERSON with respect to the benefits of owning EMERSON security.