NEWELL RUBBERMAID (Germany) Market Value
| NWL Stock | EUR 6.03 0.23 3.67% |
| Symbol | NEWELL |
NEWELL RUBBERMAID '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 RUBBERMAID'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 NEWELL RUBBERMAID.
| 01/30/2025 |
| 03/01/2025 |
If you would invest 0.00 in NEWELL RUBBERMAID on January 30, 2025 and sell it all today you would earn a total of 0.00 from holding NEWELL RUBBERMAID or generate 0.0% return on investment in NEWELL RUBBERMAID over 30 days. NEWELL RUBBERMAID is related to or competes with Neinor Homes, CAIRN HOMES, Waste Management, and Coor Service. More
NEWELL RUBBERMAID 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 RUBBERMAID'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 NEWELL RUBBERMAID upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 37.0 | |||
| Value At Risk | (4.19) | |||
| Potential Upside | 4.13 |
NEWELL RUBBERMAID Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NEWELL RUBBERMAID's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NEWELL RUBBERMAID's standard deviation. In reality, there are many statistical measures that can use NEWELL RUBBERMAID historical prices to predict the future NEWELL RUBBERMAID's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.36) |
NEWELL RUBBERMAID Backtested Returns
NEWELL RUBBERMAID has Sharpe Ratio of -0.14, which conveys that the firm had a -0.14 % return per unit of standard deviation over the last 3 months. NEWELL RUBBERMAID exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NEWELL RUBBERMAID's Mean Deviation of 2.24, market risk adjusted performance of (0.35), and Risk Adjusted Performance of (0.06) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 1.14, which conveys a somewhat significant risk relative to the market. NEWELL RUBBERMAID returns are very sensitive to returns on the market. As the market goes up or down, NEWELL RUBBERMAID is expected to follow. At this point, NEWELL RUBBERMAID has a negative expected return of -0.57%. Please make sure to verify NEWELL RUBBERMAID's skewness, day median price, relative strength index, as well as the relationship between the daily balance of power and price action indicator , to decide if NEWELL RUBBERMAID performance from the past will be repeated at future time.
Auto-correlation | 0.86 |
Very good predictability
NEWELL RUBBERMAID has very good predictability. Overlapping area represents the amount of predictability between NEWELL RUBBERMAID time series from 30th of January 2025 to 14th of February 2025 and 14th of February 2025 to 1st of March 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 RUBBERMAID price movement. The serial correlation of 0.86 indicates that approximately 86.0% of current NEWELL RUBBERMAID price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.86 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
NEWELL RUBBERMAID lagged returns against current returns
Autocorrelation, which is NEWELL RUBBERMAID 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 RUBBERMAID's stock expected returns. We can calculate the autocorrelation of NEWELL RUBBERMAID returns to help us make a trade decision. For example, suppose you find that NEWELL RUBBERMAID 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 |
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NEWELL RUBBERMAID 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 RUBBERMAID stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NEWELL RUBBERMAID stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NEWELL RUBBERMAID stock over time.
Current vs Lagged Prices |
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NEWELL RUBBERMAID Lagged Returns
When evaluating NEWELL RUBBERMAID's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NEWELL RUBBERMAID stock have on its future price. NEWELL RUBBERMAID 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 RUBBERMAID autocorrelation shows the relationship between NEWELL RUBBERMAID stock current value and its past values and can show if there is a momentum factor associated with investing in NEWELL RUBBERMAID .
Regressed Prices |
| Timeline |
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Additional Tools for NEWELL Stock Analysis
When running NEWELL RUBBERMAID's price analysis, check to measure NEWELL RUBBERMAID'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 NEWELL RUBBERMAID is operating at the current time. Most of NEWELL RUBBERMAID's value examination focuses on studying past and present price action to predict the probability of NEWELL RUBBERMAID's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NEWELL RUBBERMAID's price. Additionally, you may evaluate how the addition of NEWELL RUBBERMAID to your portfolios can decrease your overall portfolio volatility.