SHERWIN WILLIAMS 33 percent Market Value
| 824348BD7 | 98.27 0.00 0.00% |
| Symbol | SHERWIN |
SHERWIN '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'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 SHERWIN.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in SHERWIN on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding SHERWIN WILLIAMS 33 percent or generate 0.0% return on investment in SHERWIN over 30 days. SHERWIN is related to or competes with Gap,, Radcom, WiMi Hologram, Titan Machinery, Arrow Electronics, Cedar Realty, and BCE. More
SHERWIN 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'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 SHERWIN WILLIAMS 33 percent upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.50) | |||
| Maximum Drawdown | 0.8759 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 0.3515 |
SHERWIN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SHERWIN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SHERWIN's standard deviation. In reality, there are many statistical measures that can use SHERWIN historical prices to predict the future SHERWIN's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (2.98) |
SHERWIN WILLIAMS Backtested Returns
SHERWIN WILLIAMS owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0525, which indicates the bond had a -0.0525% return per unit of volatility over the last 3 months. SHERWIN WILLIAMS 33 percent exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SHERWIN's risk adjusted performance of (0.05), and Variance of 0.0952 to confirm the risk estimate we provide. The entity has a beta of 0.0088, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SHERWIN's returns are expected to increase less than the market. However, during the bear market, the loss of holding SHERWIN is expected to be smaller as well.
Auto-correlation | -0.32 |
Poor reverse predictability
SHERWIN WILLIAMS 33 percent has poor reverse predictability. Overlapping area represents the amount of predictability between SHERWIN time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 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 SHERWIN WILLIAMS price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current SHERWIN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
SHERWIN WILLIAMS lagged returns against current returns
Autocorrelation, which is SHERWIN 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 SHERWIN's bond expected returns. We can calculate the autocorrelation of SHERWIN returns to help us make a trade decision. For example, suppose you find that SHERWIN 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 |
SHERWIN 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 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SHERWIN bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SHERWIN bond over time.
Current vs Lagged Prices |
| Timeline |
SHERWIN Lagged Returns
When evaluating SHERWIN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SHERWIN bond have on its future price. SHERWIN 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 autocorrelation shows the relationship between SHERWIN bond current value and its past values and can show if there is a momentum factor associated with investing in SHERWIN WILLIAMS 33 percent.
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 SHERWIN Bond
SHERWIN financial ratios help investors to determine whether SHERWIN 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 SHERWIN with respect to the benefits of owning SHERWIN security.