Kenvue Inc Stock Market Value
| KVUE Stock | 24.08 0.05 0.21% |
| Symbol | Kenvue |
Kenvue Inc Price To Book Ratio
Is Personal Care Products 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 Kenvue. If investors know Kenvue 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 Kenvue 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 (0.12) | Dividend Share 0.805 | Earnings Share 0.55 | Revenue Per Share 8.072 | Quarterly Revenue Growth (0) |
The market value of Kenvue Inc is measured differently than its book value, which is the value of Kenvue that is recorded on the company's balance sheet. Investors also form their own opinion of Kenvue's value that differs from its market value or its book value, called intrinsic value, which is Kenvue'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 Kenvue's market value can be influenced by many factors that don't directly affect Kenvue'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 Kenvue's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kenvue is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kenvue'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.
Kenvue '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 Kenvue'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 Kenvue.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Kenvue on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Kenvue Inc or generate 0.0% return on investment in Kenvue over 180 days. Kenvue is related to or competes with Solstad Offshore, AerSale Corp, Grupo Aeroportuario, Duluth Holdings, KNOT Offshore, Under Armour, and Porvair Plc. Kenvue is entity of United States. It is traded as Stock on NYSE exchange. More
Kenvue 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 Kenvue'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 Kenvue Inc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.0319 | |||
| Maximum Drawdown | 8.65 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 2.03 |
Kenvue Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Kenvue's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Kenvue's standard deviation. In reality, there are many statistical measures that can use Kenvue historical prices to predict the future Kenvue's volatility.| Risk Adjusted Performance | 0.113 | |||
| Jensen Alpha | 0.2094 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.038 | |||
| Treynor Ratio | (0.51) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Kenvue'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.
Kenvue Inc Backtested Returns
At this point, Kenvue is very steady. Kenvue Inc has Sharpe Ratio of 0.12, which conveys that the firm had a 0.12% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Kenvue, which you can use to evaluate the volatility of the firm. Please verify Kenvue's Mean Deviation of 0.8881, risk adjusted performance of 0.113, and Downside Deviation of 1.04 to check out if the risk estimate we provide is consistent with the expected return of 0.16%. Kenvue has a performance score of 9 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.33, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Kenvue are expected to decrease at a much lower rate. During the bear market, Kenvue is likely to outperform the market. Kenvue Inc right now secures a risk of 1.27%. Please verify Kenvue Inc expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if Kenvue Inc will be following its current price movements.
Auto-correlation | 0.73 |
Good predictability
Kenvue Inc has good predictability. Overlapping area represents the amount of predictability between Kenvue time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 Kenvue Inc price movement. The serial correlation of 0.73 indicates that around 73.0% of current Kenvue price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
Kenvue Inc lagged returns against current returns
Autocorrelation, which is Kenvue 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 Kenvue's stock expected returns. We can calculate the autocorrelation of Kenvue returns to help us make a trade decision. For example, suppose you find that Kenvue 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 |
Kenvue 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 Kenvue stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Kenvue stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Kenvue stock over time.
Current vs Lagged Prices |
| Timeline |
Kenvue Lagged Returns
When evaluating Kenvue's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Kenvue stock have on its future price. Kenvue 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, Kenvue autocorrelation shows the relationship between Kenvue stock current value and its past values and can show if there is a momentum factor associated with investing in Kenvue Inc.
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.When determining whether Kenvue Inc is a strong investment it is important to analyze Kenvue's 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 Kenvue's future performance. For an informed investment choice regarding Kenvue Stock, refer to the following important reports:Check out Kenvue Correlation, Kenvue Volatility and Kenvue Alpha and Beta module to complement your research on Kenvue. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Kenvue 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.