Becton Stock Market Value

BDX
 Stock
  

USD 252.38  1.55  0.62%   

Becton Dickinson's market value is the price at which a share of Becton Dickinson stock trades on a public exchange. It measures the collective expectations of Becton Dickinson And investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Becton Dickinson And and determine expected loss or profit from investing in Becton Dickinson over a given investment horizon. Continue to Becton Dickinson Correlation, Becton Dickinson Volatility and Becton Dickinson Alpha and Beta module to complement your research on Becton Dickinson.
Symbol


Is Becton Dickinson'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 Becton Dickinson. If investors know Becton 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 Becton Dickinson 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 YOY
0.12
Market Capitalization
71.5 B
Quarterly Revenue Growth YOY
(0.018) 
Return On Assets
0.0308
Return On Equity
0.0668
The market value of Becton Dickinson And is measured differently than its book value, which is the value of Becton that is recorded on the company's balance sheet. Investors also form their own opinion of Becton Dickinson's value that differs from its market value or its book value, called intrinsic value, which is Becton Dickinson'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 Becton Dickinson's market value can be influenced by many factors that don't directly affect Becton Dickinson'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 Becton Dickinson's value and its price as these two are different measures arrived at by different means. Investors typically determine Becton Dickinson value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Becton Dickinson'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.

Becton Dickinson '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 Becton Dickinson'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 Becton Dickinson.
0.00
11/03/2022
No Change 0.00  0.0 
In 31 days
12/03/2022
0.00
If you would invest  0.00  in Becton Dickinson on November 3, 2022 and sell it all today you would earn a total of 0.00 from holding Becton Dickinson And or generate 0.0% return on investment in Becton Dickinson over 30 days. Becton Dickinson is related to or competes with AmerisourceBergen, Addus HomeCare, AMN Healthcare, Adicet Bio, and Apollo Medical. Becton, Dickinson and Company develops, manufactures, and sells medical supplies, devices, laboratory equipment, and dia... More

Becton Dickinson 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 Becton Dickinson'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 Becton Dickinson And upside and downside potential and time the market with a certain degree of confidence.

Becton Dickinson Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Becton Dickinson's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Becton Dickinson's standard deviation. In reality, there are many statistical measures that can use Becton Dickinson historical prices to predict the future Becton Dickinson's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Becton Dickinson'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. Please use the tools below to analyze the current value of Becton Dickinson in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
247.41249.24251.07
Details
Intrinsic
Valuation
LowReal ValueHigh
244.40246.23274.27
Details
12 Analysts
Consensus
LowTarget PriceHigh
250.00270.56300.00
Details
Earnings
Estimates (10)
LowProjected EPSHigh
12.3512.4112.46
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Becton Dickinson. Your research has to be compared to or analyzed against Becton Dickinson's peers to derive any actionable benefits. When done correctly, Becton Dickinson's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Becton Dickinson And.

Becton Dickinson And Backtested Returns

We consider Becton Dickinson very steady. Becton Dickinson And secures Sharpe Ratio (or Efficiency) of 0.0129, which signifies that the company had 0.0129% of return per unit of standard deviation over the last 3 months. Our philosophy in foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for Becton Dickinson And, which you can use to evaluate the future volatility of the firm. Please confirm Becton Dickinson And mean deviation of 1.4, and Risk Adjusted Performance of 0.0188 to double-check if the risk estimate we provide is consistent with the expected return of 0.0234%.
The firm shows a Beta (market volatility) of 0.9101, which signifies possible diversification benefits within a given portfolio. Let's try to break down what Becton's beta means in this case. Becton Dickinson returns are very sensitive to returns on the market. As the market goes up or down, Becton Dickinson is expected to follow. Although it is important to respect Becton Dickinson And historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy in foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing Becton Dickinson And technical indicators, you can presently evaluate if the expected return of 0.0234% will be sustainable into the future. Becton Dickinson And right now shows a risk of 1.82%. Please confirm Becton Dickinson And coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power to decide if Becton Dickinson And will be following its price patterns.

Auto-correlation

    
  0.07  

Virtually no predictability

Becton Dickinson And has virtually no predictability. Overlapping area represents the amount of predictability between Becton Dickinson time series from 3rd of November 2022 to 18th of November 2022 and 18th of November 2022 to 3rd of December 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Becton Dickinson And price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Becton Dickinson price fluctuation can be explain by its past prices.
Correlation Coefficient0.07
Spearman Rank Test0.28
Residual Average0.0
Price Variance69.62

Becton Dickinson And lagged returns against current returns

Autocorrelation, which is Becton Dickinson 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 Becton Dickinson's stock expected returns. We can calculate the autocorrelation of Becton Dickinson returns to help us make a trade decision. For example, suppose you find that Becton Dickinson stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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       Timeline  

Becton Dickinson 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 Becton Dickinson stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Becton Dickinson stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Becton Dickinson stock over time.
   Current vs Lagged Prices   
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       Timeline  

Becton Dickinson Lagged Returns

When evaluating Becton Dickinson's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Becton Dickinson stock have on its future price. Becton Dickinson 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, Becton Dickinson autocorrelation shows the relationship between Becton Dickinson stock current value and its past values and can show if there is a momentum factor associated with investing in Becton Dickinson And.
   Regressed Prices   
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       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Becton Dickinson without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Becton Dickinson

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 Becton Dickinson 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 Becton Dickinson will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Becton Dickinson could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Becton Dickinson 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 Becton Dickinson - 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 Becton Dickinson And to buy it.
The correlation of Becton Dickinson is a statistical measure of how it moves in relation to other equities. 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 Becton Dickinson moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Becton Dickinson And 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 Becton Dickinson 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.
Pair CorrelationCorrelation Matching
Continue to Becton Dickinson Correlation, Becton Dickinson Volatility and Becton Dickinson Alpha and Beta module to complement your research on Becton Dickinson. Note that the Becton Dickinson And information on this page should be used as a complementary analysis to other Becton Dickinson's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

Complementary Tools for Becton Stock analysis

When running Becton Dickinson And price analysis, check to measure Becton Dickinson'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 Becton Dickinson is operating at the current time. Most of Becton Dickinson's value examination focuses on studying past and present price action to predict the probability of Becton Dickinson's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Becton Dickinson's price. Additionally, you may evaluate how the addition of Becton Dickinson to your portfolios can decrease your overall portfolio volatility.
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Becton Dickinson 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.
A focus of Becton Dickinson technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Becton Dickinson trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...