Clorox (Brazil) Market Value
| CLXC34 Stock | BRL 179.70 3.25 1.84% |
| Symbol | Clorox |
Clorox '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 Clorox'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 Clorox.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Clorox on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding The Clorox or generate 0.0% return on investment in Clorox over 90 days. Clorox is related to or competes with Mangels Industrial, Cincinnati Financial, Ameriprise Financial, METISA Metalrgica, Autohome, and Jefferies Financial. The Clorox Company manufactures and markets consumer and professional products worldwide More
Clorox 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 Clorox'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 The Clorox upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 7.07 | |||
| Value At Risk | (2.89) | |||
| Potential Upside | 1.84 |
Clorox Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clorox's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clorox's standard deviation. In reality, there are many statistical measures that can use Clorox historical prices to predict the future Clorox's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | 0.9234 |
Clorox Backtested Returns
Clorox secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15 % return per unit of standard deviation over the last 3 months. The Clorox exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Clorox's Mean Deviation of 0.7857, coefficient of variation of (730.45), and Risk Adjusted Performance of (0.12) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Clorox are expected to decrease at a much lower rate. During the bear market, Clorox is likely to outperform the market. At this point, Clorox has a negative expected return of -0.21%. Please make sure to confirm Clorox's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Clorox performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.31 |
Below average predictability
The Clorox has below average predictability. Overlapping area represents the amount of predictability between Clorox time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st of July 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 Clorox price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Clorox price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 25.59 |
Clorox lagged returns against current returns
Autocorrelation, which is Clorox 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 Clorox's stock expected returns. We can calculate the autocorrelation of Clorox returns to help us make a trade decision. For example, suppose you find that Clorox 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 |
Clorox 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 Clorox stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clorox stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clorox stock over time.
Current vs Lagged Prices |
| Timeline |
Clorox Lagged Returns
When evaluating Clorox's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clorox stock have on its future price. Clorox 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, Clorox autocorrelation shows the relationship between Clorox stock current value and its past values and can show if there is a momentum factor associated with investing in The Clorox.
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.Additional Information and Resources on Investing in Clorox Stock
When determining whether Clorox offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Clorox's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Clorox Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Clorox Stock:Check out Clorox Correlation, Clorox Volatility and Clorox Alpha and Beta module to complement your research on Clorox. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Clorox 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.