Ppg Industries Stock Market Value
| PPG Stock | USD 122.65 0.03 0.02% |
| Symbol | PPG |
PPG Industries Price To Book Ratio
Is Specialty Chemicals 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 PPG Industries. If investors know PPG 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 PPG Industries 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 0.117 | Dividend Share 2.63 | Earnings Share 6.3 | Revenue Per Share 76.764 | Quarterly Revenue Growth (0.01) |
The market value of PPG Industries is measured differently than its book value, which is the value of PPG that is recorded on the company's balance sheet. Investors also form their own opinion of PPG Industries' value that differs from its market value or its book value, called intrinsic value, which is PPG Industries' 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 PPG Industries' market value can be influenced by many factors that don't directly affect PPG Industries' 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 PPG Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if PPG Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PPG Industries' 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.
PPG Industries '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 PPG Industries' 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 PPG Industries.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in PPG Industries on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding PPG Industries or generate 0.0% return on investment in PPG Industries over 30 days. PPG Industries is related to or competes with Minerals Technologies, Oil Dri, H B, Northern Technologies, and Cabot. PPG Industries, Inc. manufactures and distributes paints, coatings, and specialty materials worldwide More
PPG Industries 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 PPG Industries' 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 PPG Industries upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.06 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.19 |
PPG Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for PPG Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as PPG Industries' standard deviation. In reality, there are many statistical measures that can use PPG Industries historical prices to predict the future PPG Industries' volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.21) | |||
| Treynor Ratio | (0.04) |
PPG Industries Backtested Returns
PPG Industries maintains Sharpe Ratio (i.e., Efficiency) of -0.0331, which implies the firm had a -0.0331% return per unit of volatility over the last 3 months. PPG Industries exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check PPG Industries' coefficient of variation of (7,070), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide. The company holds a Beta of 0.67, which implies possible diversification benefits within a given portfolio. As returns on the market increase, PPG Industries' returns are expected to increase less than the market. However, during the bear market, the loss of holding PPG Industries is expected to be smaller as well. At this point, PPG Industries has a negative expected return of -0.0377%. Please make sure to check PPG Industries' value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if PPG Industries performance from the past will be repeated at future time.
Auto-correlation | 0.28 |
Poor predictability
PPG Industries has poor predictability. Overlapping area represents the amount of predictability between PPG Industries time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 PPG Industries price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current PPG Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.26 |
PPG Industries lagged returns against current returns
Autocorrelation, which is PPG Industries 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 PPG Industries' stock expected returns. We can calculate the autocorrelation of PPG Industries returns to help us make a trade decision. For example, suppose you find that PPG Industries 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 |
PPG Industries 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 PPG Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if PPG Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in PPG Industries stock over time.
Current vs Lagged Prices |
| Timeline |
PPG Industries Lagged Returns
When evaluating PPG Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of PPG Industries stock have on its future price. PPG Industries 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, PPG Industries autocorrelation shows the relationship between PPG Industries stock current value and its past values and can show if there is a momentum factor associated with investing in PPG Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether PPG Industries is a strong investment it is important to analyze PPG Industries' 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 PPG Industries' future performance. For an informed investment choice regarding PPG Stock, refer to the following important reports:Check out PPG Industries Correlation, PPG Industries Volatility and PPG Industries Alpha and Beta module to complement your research on PPG Industries. For more detail on how to invest in PPG Stock please use our How to Invest in PPG Industries 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.
PPG Industries 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.