Colgate Palmolive (Mexico) Market Value

CL Stock  MXN 1,917  75.00  3.77%   
Colgate Palmolive's market value is the price at which a share of Colgate Palmolive trades on a public exchange. It measures the collective expectations of Colgate Palmolive investors about its performance. Colgate Palmolive is trading at 1917.00 as of the 9th of December 2024; that is 3.77% down since the beginning of the trading day. The stock's open price was 1992.0.
With this module, you can estimate the performance of a buy and hold strategy of Colgate Palmolive and determine expected loss or profit from investing in Colgate Palmolive over a given investment horizon. Check out Colgate Palmolive Correlation, Colgate Palmolive Volatility and Colgate Palmolive Alpha and Beta module to complement your research on Colgate Palmolive.
For more information on how to buy Colgate Stock please use our How to Invest in Colgate Palmolive guide.
Symbol

Please note, there is a significant difference between Colgate Palmolive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Colgate Palmolive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colgate Palmolive's 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.

Colgate Palmolive '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 Palmolive's 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 Colgate Palmolive.
0.00
12/20/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
12/09/2024
0.00
If you would invest  0.00  in Colgate Palmolive on December 20, 2022 and sell it all today you would earn a total of 0.00 from holding Colgate Palmolive or generate 0.0% return on investment in Colgate Palmolive over 720 days. Colgate Palmolive is related to or competes with Prudential Financial, Grupo Hotelero, New Oriental, McEwen Mining, Genworth Financial, Ameriprise Financial, and Grupo Sports. Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide More

Colgate Palmolive 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 Palmolive's 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 Colgate Palmolive upside and downside potential and time the market with a certain degree of confidence.

Colgate Palmolive Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Colgate Palmolive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Colgate Palmolive's standard deviation. In reality, there are many statistical measures that can use Colgate Palmolive historical prices to predict the future Colgate Palmolive's volatility.
Hype
Prediction
LowEstimatedHigh
1,9161,9171,918
Details
Intrinsic
Valuation
LowRealHigh
1,6291,6312,109
Details
Naive
Forecast
LowNextHigh
1,9191,9211,922
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
1,7861,8861,985
Details

Colgate Palmolive Backtested Returns

Colgate Palmolive secures Sharpe Ratio (or Efficiency) of -0.11, which signifies that the company had a -0.11% return per unit of risk over the last 3 months. Colgate Palmolive exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Colgate Palmolive's Mean Deviation of 0.7497, risk adjusted performance of (0.05), and Standard Deviation of 1.45 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Colgate Palmolive are expected to decrease at a much lower rate. During the bear market, Colgate Palmolive is likely to outperform the market. At this point, Colgate Palmolive has a negative expected return of -0.16%. Please make sure to confirm Colgate Palmolive's maximum drawdown, as well as the relationship between the rate of daily change and relative strength index , to decide if Colgate Palmolive performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.73  

Almost perfect reverse predictability

Colgate Palmolive has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Colgate Palmolive time series from 20th of December 2022 to 15th of December 2023 and 15th of December 2023 to 9th 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 Colgate Palmolive price movement. The serial correlation of -0.73 indicates that around 73.0% of current Colgate Palmolive price fluctuation can be explain by its past prices.
Correlation Coefficient-0.73
Spearman Rank Test-0.59
Residual Average0.0
Price Variance64.3 K

Colgate Palmolive lagged returns against current returns

Autocorrelation, which is Colgate Palmolive 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 Colgate Palmolive's stock expected returns. We can calculate the autocorrelation of Colgate Palmolive returns to help us make a trade decision. For example, suppose you find that Colgate Palmolive 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  

Colgate Palmolive 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 Palmolive stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Colgate Palmolive stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Colgate Palmolive stock over time.
   Current vs Lagged Prices   
       Timeline  

Colgate Palmolive Lagged Returns

When evaluating Colgate Palmolive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Colgate Palmolive stock have on its future price. Colgate Palmolive 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 Palmolive autocorrelation shows the relationship between Colgate Palmolive stock current value and its past values and can show if there is a momentum factor associated with investing in Colgate Palmolive.
   Regressed Prices   
       Timeline  

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Additional Tools for Colgate Stock Analysis

When running Colgate Palmolive's price analysis, check to measure Colgate Palmolive's 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 Colgate Palmolive is operating at the current time. Most of Colgate Palmolive's value examination focuses on studying past and present price action to predict the probability of Colgate Palmolive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Colgate Palmolive's price. Additionally, you may evaluate how the addition of Colgate Palmolive to your portfolios can decrease your overall portfolio volatility.