Avery Dennison (Brazil) Market Value
| A1VY34 Stock | BRL 531.81 0.00 0.00% |
| Symbol | Avery |
Avery Dennison '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 Avery Dennison'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 Avery Dennison.
| 02/03/2025 |
| 05/04/2025 |
If you would invest 0.00 in Avery Dennison on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding Avery Dennison or generate 0.0% return on investment in Avery Dennison over 90 days. Avery Dennison is related to or competes with Monster Beverage, Tres Tentos, and METISA Metalrgica. Avery Dennison Corporation manufactures and markets pressure-sensitive materials in the United States, Europe, Asia, Lat... More
Avery Dennison 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 Avery Dennison'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 Avery Dennison upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.22 |
Avery Dennison Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avery Dennison's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avery Dennison's standard deviation. In reality, there are many statistical measures that can use Avery Dennison historical prices to predict the future Avery Dennison's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 7.1 |
Avery Dennison Backtested Returns
Avery Dennison secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12 % return per unit of standard deviation over the last 3 months. Avery Dennison exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avery Dennison's risk adjusted performance of (0.21), and Mean Deviation of 0.2651 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0196, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Avery Dennison are expected to decrease at a much lower rate. During the bear market, Avery Dennison is likely to outperform the market. At this point, Avery Dennison has a negative expected return of -0.13%. Please make sure to confirm Avery Dennison's jensen alpha, rate of daily change, and the relationship between the variance and skewness , to decide if Avery Dennison performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Avery Dennison has no correlation between past and present. Overlapping area represents the amount of predictability between Avery Dennison time series from 3rd of February 2025 to 20th of March 2025 and 20th of March 2025 to 4th of May 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 Avery Dennison price movement. The serial correlation of 0.0 indicates that just 0.0% of current Avery Dennison price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Avery Dennison lagged returns against current returns
Autocorrelation, which is Avery Dennison 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 Avery Dennison's stock expected returns. We can calculate the autocorrelation of Avery Dennison returns to help us make a trade decision. For example, suppose you find that Avery Dennison 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 |
Avery Dennison 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 Avery Dennison stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avery Dennison stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avery Dennison stock over time.
Current vs Lagged Prices |
| Timeline |
Avery Dennison Lagged Returns
When evaluating Avery Dennison's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avery Dennison stock have on its future price. Avery Dennison 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, Avery Dennison autocorrelation shows the relationship between Avery Dennison stock current value and its past values and can show if there is a momentum factor associated with investing in Avery Dennison.
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 Avery Stock
Avery Dennison financial ratios help investors to determine whether Avery Stock 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 Avery with respect to the benefits of owning Avery Dennison security.