Campbell Soup Stock Market Value
| CPB Stock | USD 45.54 0.58 1.29% |
| Symbol | Campbell |
Campbell Soup Price To Book Ratio
Is Campbell Soup's industry 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 Campbell Soup. If investors know Campbell 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 Campbell Soup 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 1.48 | Earnings Share 2.55 | Revenue Per Share 31.059 | Quarterly Revenue Growth (0.01) |
The market value of Campbell Soup is measured differently than its book value, which is the value of Campbell that is recorded on the company's balance sheet. Investors also form their own opinion of Campbell Soup's value that differs from its market value or its book value, called intrinsic value, which is Campbell Soup'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 Campbell Soup's market value can be influenced by many factors that don't directly affect Campbell Soup'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 Campbell Soup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Campbell Soup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Campbell Soup'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.
Campbell Soup '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 Campbell Soup'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 Campbell Soup.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Campbell Soup on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Campbell Soup or generate 0.0% return on investment in Campbell Soup over 30 days. Campbell Soup is related to or competes with General Mills, Hormel Foods, Kellanova, Lamb Weston, Kraft Heinz, ConAgra Foods, and McCormick Company. Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United... More
Campbell Soup 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 Campbell Soup'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 Campbell Soup upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 5.34 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.05 |
Campbell Soup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Campbell Soup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Campbell Soup's standard deviation. In reality, there are many statistical measures that can use Campbell Soup historical prices to predict the future Campbell Soup's volatility.| Risk Adjusted Performance | 0.0446 | |||
| Jensen Alpha | 0.0452 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.2209 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Campbell Soup'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.
Campbell Soup Backtested Returns
We consider Campbell Soup very steady. Campbell Soup secures Sharpe Ratio (or Efficiency) of 0.0445, which signifies that the company had a 0.0445% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Campbell Soup, which you can use to evaluate the volatility of the firm. Please confirm Campbell Soup's Mean Deviation of 1.09, risk adjusted performance of 0.0446, and Downside Deviation of 1.51 to double-check if the risk estimate we provide is consistent with the expected return of 0.0596%. Campbell Soup has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Campbell Soup's returns are expected to increase less than the market. However, during the bear market, the loss of holding Campbell Soup is expected to be smaller as well. Campbell Soup right now shows a risk of 1.34%. Please confirm Campbell Soup jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Campbell Soup will be following its price patterns.
Auto-correlation | -0.07 |
Very weak reverse predictability
Campbell Soup has very weak reverse predictability. Overlapping area represents the amount of predictability between Campbell Soup time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Campbell Soup price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Campbell Soup price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
Campbell Soup lagged returns against current returns
Autocorrelation, which is Campbell Soup 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 Campbell Soup's stock expected returns. We can calculate the autocorrelation of Campbell Soup returns to help us make a trade decision. For example, suppose you find that Campbell Soup 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 |
Campbell Soup 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 Campbell Soup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Campbell Soup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Campbell Soup stock over time.
Current vs Lagged Prices |
| Timeline |
Campbell Soup Lagged Returns
When evaluating Campbell Soup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Campbell Soup stock have on its future price. Campbell Soup 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, Campbell Soup autocorrelation shows the relationship between Campbell Soup stock current value and its past values and can show if there is a momentum factor associated with investing in Campbell Soup.
Regressed Prices |
| Timeline |
Campbell Soup Investors Sentiment
The influence of Campbell Soup's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Campbell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Campbell Soup's public news can be used to forecast risks associated with an investment in Campbell. The trend in average sentiment can be used to explain how an investor holding Campbell can time the market purely based on public headlines and social activities around Campbell Soup. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Campbell Soup's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Campbell Soup's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Campbell Soup's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Campbell Soup.
Campbell Soup Implied Volatility | 32.6 |
Campbell Soup's implied volatility exposes the market's sentiment of Campbell Soup stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Campbell Soup's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Campbell Soup stock will not fluctuate a lot when Campbell Soup's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Campbell Soup in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Campbell Soup's short interest history, or implied volatility extrapolated from Campbell Soup options trading.
Pair Trading with Campbell Soup
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Campbell Soup position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Campbell Soup will appreciate offsetting losses from the drop in the long position's value.Moving against Campbell Stock
| 0.53 | DLTR | Dollar Tree Sell-off Trend | PairCorr |
| 0.5 | UG | United Guardian | PairCorr |
| 0.41 | UL | Unilever PLC ADR Earnings Call Today | PairCorr |
The ability to find closely correlated positions to Campbell Soup could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Campbell Soup when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Campbell Soup - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Campbell Soup to buy it.
The correlation of Campbell Soup is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Campbell Soup moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Campbell Soup moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Campbell Soup can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Campbell Soup Correlation, Campbell Soup Volatility and Campbell Soup Alpha and Beta module to complement your research on Campbell Soup. For information on how to trade Campbell Stock refer to our How to Trade Campbell Stock guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Campbell Stock analysis
When running Campbell Soup's price analysis, check to measure Campbell Soup'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 Campbell Soup is operating at the current time. Most of Campbell Soup's value examination focuses on studying past and present price action to predict the probability of Campbell Soup's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Campbell Soup's price. Additionally, you may evaluate how the addition of Campbell Soup to your portfolios can decrease your overall portfolio volatility.
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Campbell Soup 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.