Textron (Germany) Market Value
| TXT Stock | EUR 73.00 0.34 0.46% |
| Symbol | Textron |
Textron '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 Textron'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 Textron.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Textron on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Textron or generate 0.0% return on investment in Textron over 90 days. Textron is related to or competes with Datang International, ATON GREEN, Sims Metal, DATALOGIC, Data3, DOCDATA, and Cleanaway Waste. Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide More
Textron 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 Textron'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 Textron upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.36 | |||
| Information Ratio | 0.1452 | |||
| Maximum Drawdown | 8.83 | |||
| Value At Risk | (2.25) | |||
| Potential Upside | 3.32 |
Textron Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Textron's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Textron's standard deviation. In reality, there are many statistical measures that can use Textron historical prices to predict the future Textron's volatility.| Risk Adjusted Performance | 0.2192 | |||
| Jensen Alpha | 0.4206 | |||
| Total Risk Alpha | 0.1348 | |||
| Sortino Ratio | 0.1825 | |||
| Treynor Ratio | (1.47) |
Textron Backtested Returns
Textron appears to be very steady, given 3 months investment horizon. Textron owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Textron, which you can use to evaluate the volatility of the company. Please review Textron's Risk Adjusted Performance of 0.2192, semi deviation of 1.08, and Coefficient Of Variation of 434.12 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Textron holds a performance score of 17. The entity has a beta of -0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Textron are expected to decrease at a much lower rate. During the bear market, Textron is likely to outperform the market. Please check Textron's skewness, rate of daily change, and the relationship between the semi variance and accumulation distribution , to make a quick decision on whether Textron's existing price patterns will revert.
Auto-correlation | 0.46 |
Average predictability
Textron has average predictability. Overlapping area represents the amount of predictability between Textron time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Textron price movement. The serial correlation of 0.46 indicates that about 46.0% of current Textron price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 5.8 |
Textron lagged returns against current returns
Autocorrelation, which is Textron 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 Textron's stock expected returns. We can calculate the autocorrelation of Textron returns to help us make a trade decision. For example, suppose you find that Textron 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 |
Textron 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 Textron stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Textron stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Textron stock over time.
Current vs Lagged Prices |
| Timeline |
Textron Lagged Returns
When evaluating Textron's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Textron stock have on its future price. Textron 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, Textron autocorrelation shows the relationship between Textron stock current value and its past values and can show if there is a momentum factor associated with investing in Textron.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Textron Stock
When determining whether Textron is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Textron Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Textron Stock. Highlighted below are key reports to facilitate an investment decision about Textron Stock:Check out Textron Correlation, Textron Volatility and Textron Alpha and Beta module to complement your research on Textron. For more detail on how to invest in Textron Stock please use our How to Invest in Textron guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Textron 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.