Coty Inc Stock Market Value
| COTY Stock | USD 7.41 0.12 1.59% |
| Symbol | Coty |
Coty Inc Price To Book Ratio
Is Personal Care Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coty. If investors know Coty will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coty listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.99) | Earnings Share 0.18 | Revenue Per Share 7.004 | Quarterly Revenue Growth 0.018 | Return On Assets 0.0297 |
The market value of Coty Inc is measured differently than its book value, which is the value of Coty that is recorded on the company's balance sheet. Investors also form their own opinion of Coty's value that differs from its market value or its book value, called intrinsic value, which is Coty's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coty's market value can be influenced by many factors that don't directly affect Coty's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coty'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.
Coty '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 Coty'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 Coty.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Coty on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Coty Inc or generate 0.0% return on investment in Coty over 30 days. Coty is related to or competes with Clorox, Colgate Palmolive, Church Dwight, Kimberly Clark, Estee Lauder, ELF Beauty, and Kenvue. Coty Inc., together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide More
Coty 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 Coty'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 Coty Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 15.9 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 2.87 |
Coty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coty's standard deviation. In reality, there are many statistical measures that can use Coty historical prices to predict the future Coty's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | (0.55) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Coty's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Coty Inc Backtested Returns
Coty Inc secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. Coty Inc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Coty's Mean Deviation of 1.65, standard deviation of 2.28, and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.7, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Coty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coty is expected to be smaller as well. At this point, Coty Inc has a negative expected return of -0.35%. Please make sure to confirm Coty's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Coty Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Coty Inc has very weak reverse predictability. Overlapping area represents the amount of predictability between Coty time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Coty Inc price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Coty price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Coty Inc lagged returns against current returns
Autocorrelation, which is Coty 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 Coty's stock expected returns. We can calculate the autocorrelation of Coty returns to help us make a trade decision. For example, suppose you find that Coty 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 |
Coty 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 Coty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coty stock over time.
Current vs Lagged Prices |
| Timeline |
Coty Lagged Returns
When evaluating Coty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coty stock have on its future price. Coty 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, Coty autocorrelation shows the relationship between Coty stock current value and its past values and can show if there is a momentum factor associated with investing in Coty Inc.
Regressed Prices |
| Timeline |
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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.Additional Tools for Coty Stock Analysis
When running Coty's price analysis, check to measure Coty'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 Coty is operating at the current time. Most of Coty's value examination focuses on studying past and present price action to predict the probability of Coty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coty's price. Additionally, you may evaluate how the addition of Coty to your portfolios can decrease your overall portfolio volatility.