Textron Stock Market Value
| TXT Stock | USD 73.19 1.22 1.70% |
| Symbol | Textron |
Textron Price To Book Ratio
Is Aerospace & Defense 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 Textron. If investors know Textron 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 Textron 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 (0.13) | Dividend Share 0.08 | Earnings Share 4.34 | Revenue Per Share | Quarterly Revenue Growth 0.025 |
The market value of Textron is measured differently than its book value, which is the value of Textron that is recorded on the company's balance sheet. Investors also form their own opinion of Textron's value that differs from its market value or its book value, called intrinsic value, which is Textron'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 Textron's market value can be influenced by many factors that don't directly affect Textron'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 Textron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Textron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Textron'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.
Textron '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 Textron'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 Textron.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Textron on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Textron or generate 0.0% return on investment in Textron over 90 days. Textron is related to or competes with Hexcel, Huntington Ingalls, Curtiss Wright, Mercury Systems, Northrop Grumman, L3Harris Technologies, and General Dynamics. Textron Inc. operates in the aircraft, defense, industrial, and finance businesses More
Textron 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 Textron'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 Textron upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 7.75 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 2.07 |
Textron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Textron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Textron's standard deviation. In reality, there are many statistical measures that can use Textron historical prices to predict the future Textron's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | 0.0313 | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Textron'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.
Textron Backtested Returns
Textron owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of risk over the last 3 months. Textron exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Textron's Risk Adjusted Performance of (0.11), coefficient of variation of (712.31), and Variance of 2.16 to confirm the risk estimate we provide. The entity has a beta of 0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Textron's returns are expected to increase less than the market. However, during the bear market, the loss of holding Textron is expected to be smaller as well. At this point, Textron has a negative expected return of -0.16%. Please make sure to validate Textron's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Textron performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Textron has below average predictability. Overlapping area represents the amount of predictability between Textron time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Textron price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Textron price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 2.25 |
Textron lagged returns against current returns
Autocorrelation, which is Textron 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 Textron's stock expected returns. We can calculate the autocorrelation of Textron returns to help us make a trade decision. For example, suppose you find that Textron 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 |
Textron 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 Textron stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Textron stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Textron stock over time.
Current vs Lagged Prices |
| Timeline |
Textron Lagged Returns
When evaluating Textron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Textron stock have on its future price. Textron 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, Textron autocorrelation shows the relationship between Textron stock current value and its past values and can show if there is a momentum factor associated with investing in Textron.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Textron Stock Analysis
When running Textron's price analysis, check to measure Textron'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 Textron is operating at the current time. Most of Textron's value examination focuses on studying past and present price action to predict the probability of Textron's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Textron's price. Additionally, you may evaluate how the addition of Textron to your portfolios can decrease your overall portfolio volatility.