PROCTER GAMBLE CO Market Value
| 742718FL8 | 91.31 5.38 5.56% |
| Symbol | PROCTER |
PROCTER '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 PROCTER's bond 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 PROCTER.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in PROCTER on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding PROCTER GAMBLE CO or generate 0.0% return on investment in PROCTER over 90 days. PROCTER is related to or competes with 00108WAF7, 90331HPL1, Bank of America, GE Aerospace, Dupont De, International Business, and McDonalds. More
PROCTER 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 PROCTER's bond 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 PROCTER GAMBLE CO upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 4.78 | |||
| Value At Risk | (1.12) | |||
| Potential Upside | 0.5418 |
PROCTER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PROCTER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PROCTER's standard deviation. In reality, there are many statistical measures that can use PROCTER historical prices to predict the future PROCTER's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.87) |
PROCTER GAMBLE CO Backtested Returns
PROCTER GAMBLE CO maintains Sharpe Ratio (i.e., Efficiency) of -0.1, which implies the entity had a -0.1% return per unit of volatility over the last 3 months. PROCTER GAMBLE CO exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PROCTER's risk adjusted performance of (0.06), and Coefficient Of Variation of (1,164) to confirm the risk estimate we provide. The bond holds a Beta of 0.0952, which implies not very significant fluctuations relative to the market. As returns on the market increase, PROCTER's returns are expected to increase less than the market. However, during the bear market, the loss of holding PROCTER is expected to be smaller as well.
Auto-correlation | 0.05 |
Virtually no predictability
PROCTER GAMBLE CO has virtually no predictability. Overlapping area represents the amount of predictability between PROCTER time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 PROCTER GAMBLE CO price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current PROCTER price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.79 |
PROCTER GAMBLE CO lagged returns against current returns
Autocorrelation, which is PROCTER bond'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 PROCTER's bond expected returns. We can calculate the autocorrelation of PROCTER returns to help us make a trade decision. For example, suppose you find that PROCTER has exhibited high autocorrelation historically, and you observe that the bond 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 |
PROCTER 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 PROCTER bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PROCTER bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PROCTER bond over time.
Current vs Lagged Prices |
| Timeline |
PROCTER Lagged Returns
When evaluating PROCTER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PROCTER bond have on its future price. PROCTER 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, PROCTER autocorrelation shows the relationship between PROCTER bond current value and its past values and can show if there is a momentum factor associated with investing in PROCTER GAMBLE CO.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in PROCTER Bond
PROCTER financial ratios help investors to determine whether PROCTER Bond 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 PROCTER with respect to the benefits of owning PROCTER security.