Newell Brands (Brazil) Market Value
| N1WL34 Stock | BRL 61.05 2.75 4.31% |
| Symbol | Newell |
Newell Brands '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 Newell Brands' 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 Newell Brands.
| 01/23/2023 |
| 01/12/2025 |
If you would invest 0.00 in Newell Brands on January 23, 2023 and sell it all today you would earn a total of 0.00 from holding Newell Brands or generate 0.0% return on investment in Newell Brands over 720 days. Newell Brands is related to or competes with Align Technology, Monster Beverage, Spotify Technology, Tyson Foods, Medical Properties, Raytheon Technologies, and Darden Restaurants,. Newell Brands Inc. designs, manufactures, sources, and distributes consumer and commercial products worldwide More
Newell Brands 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 Newell Brands' 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 Newell Brands upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.73 | |||
| Information Ratio | 0.1912 | |||
| Maximum Drawdown | 23.29 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 8.51 |
Newell Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Newell Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Newell Brands' standard deviation. In reality, there are many statistical measures that can use Newell Brands historical prices to predict the future Newell Brands' volatility.| Risk Adjusted Performance | 0.1647 | |||
| Jensen Alpha | 0.7361 | |||
| Total Risk Alpha | 0.8 | |||
| Sortino Ratio | 0.2023 | |||
| Treynor Ratio | (1.23) |
Newell Brands Backtested Returns
Newell Brands appears to be very steady, given 3 months investment horizon. Newell Brands has Sharpe Ratio of 0.2, which conveys that the firm had a 0.2% return per unit of risk over the last 3 months. By analyzing Newell Brands' technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please exercise Newell Brands' Mean Deviation of 2.22, downside deviation of 3.73, and Risk Adjusted Performance of 0.1647 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Newell Brands holds a performance score of 15. The company secures a Beta (Market Risk) of -0.6, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Newell Brands are expected to decrease at a much lower rate. During the bear market, Newell Brands is likely to outperform the market. Please check Newell Brands' value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Newell Brands' current price movements will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
Newell Brands has poor reverse predictability. Overlapping area represents the amount of predictability between Newell Brands time series from 23rd of January 2023 to 18th of January 2024 and 18th of January 2024 to 12th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Newell Brands price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Newell Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 80.56 |
Newell Brands lagged returns against current returns
Autocorrelation, which is Newell Brands 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 Newell Brands' stock expected returns. We can calculate the autocorrelation of Newell Brands returns to help us make a trade decision. For example, suppose you find that Newell Brands 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 |
Newell Brands 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 Newell Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Newell Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Newell Brands stock over time.
Current vs Lagged Prices |
| Timeline |
Newell Brands Lagged Returns
When evaluating Newell Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Newell Brands stock have on its future price. Newell Brands 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, Newell Brands autocorrelation shows the relationship between Newell Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Newell Brands.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Newell Stock
When determining whether Newell Brands is a strong investment it is important to analyze Newell Brands' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newell Brands' future performance. For an informed investment choice regarding Newell Stock, refer to the following important reports:Check out Newell Brands Correlation, Newell Brands Volatility and Newell Brands Alpha and Beta module to complement your research on Newell Brands. For information on how to trade Newell Stock refer to our How to Trade Newell Stock guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Newell Brands technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.