Sherwin Williams (Germany) Market Value
| SJ3 Stock | EUR 318.40 4.90 1.52% |
| Symbol | Sherwin |
Sherwin Williams '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 Williams' 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 Sherwin Williams.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Sherwin Williams on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding The Sherwin Williams or generate 0.0% return on investment in Sherwin Williams over 90 days. Sherwin Williams is related to or competes with CapitaLand Investment, Genco Shipping, Perdoceo Education, New Residential, BE Semiconductor, Magnachip Semiconductor, and STRAYER EDUCATION. The Sherwin-Williams Company develops, manufactures, distributes, and sells paints, coatings, and related products to pr... More
Sherwin Williams 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 Williams' 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 The Sherwin Williams upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.51 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 2.13 |
Sherwin Williams Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sherwin Williams' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sherwin Williams' standard deviation. In reality, there are many statistical measures that can use Sherwin Williams historical prices to predict the future Sherwin Williams' volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (1.28) |
Sherwin Williams Backtested Returns
Sherwin Williams owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0739, which indicates the firm had a -0.0739 % return per unit of risk over the last 3 months. The Sherwin Williams exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sherwin Williams' Risk Adjusted Performance of (0.10), coefficient of variation of (812.17), and Variance of 2.62 to confirm the risk estimate we provide. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sherwin Williams' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sherwin Williams is expected to be smaller as well. At this point, Sherwin Williams has a negative expected return of -0.12%. Please make sure to validate Sherwin Williams' total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if Sherwin Williams performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.22 |
Weak reverse predictability
The Sherwin Williams has weak reverse predictability. Overlapping area represents the amount of predictability between Sherwin Williams time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Sherwin Williams price movement. The serial correlation of -0.22 indicates that over 22.0% of current Sherwin Williams price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 64.75 |
Sherwin Williams lagged returns against current returns
Autocorrelation, which is Sherwin Williams 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 Sherwin Williams' stock expected returns. We can calculate the autocorrelation of Sherwin Williams returns to help us make a trade decision. For example, suppose you find that Sherwin Williams 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 |
Sherwin Williams 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 Williams stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sherwin Williams stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sherwin Williams stock over time.
Current vs Lagged Prices |
| Timeline |
Sherwin Williams Lagged Returns
When evaluating Sherwin Williams' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sherwin Williams stock have on its future price. Sherwin Williams 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 Williams autocorrelation shows the relationship between Sherwin Williams stock current value and its past values and can show if there is a momentum factor associated with investing in The Sherwin Williams.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sherwin Stock
Sherwin Williams financial ratios help investors to determine whether Sherwin Stock 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 Williams security.