Coupang (Germany) Market Value
| 788 Stock | EUR 22.24 0.25 1.14% |
| Symbol | Coupang |
Coupang '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 Coupang'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 Coupang.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Coupang on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Coupang or generate 0.0% return on investment in Coupang over 720 days. Coupang is related to or competes with Amazon, Amazon, MEITUAN UNSPADR2B, Pinduoduo, Meituan, JD, and JD. Coupang, Inc. owns and operates in e-commerce business through its mobile applications and Internet websites primarily i... More
Coupang 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 Coupang'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 Coupang upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.01 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 2.81 |
Coupang Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coupang's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coupang's standard deviation. In reality, there are many statistical measures that can use Coupang historical prices to predict the future Coupang's volatility.| Risk Adjusted Performance | 0.0183 | |||
| Jensen Alpha | 0.0352 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.06) |
Coupang Backtested Returns
At this point, Coupang is not too volatile. Coupang secures Sharpe Ratio (or Efficiency) of 0.0034, which signifies that the company had a 0.0034% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Coupang, which you can use to evaluate the volatility of the firm. Please confirm Coupang's Downside Deviation of 2.15, risk adjusted performance of 0.0183, and Mean Deviation of 1.48 to double-check if the risk estimate we provide is consistent with the expected return of 0.0074%. The firm shows a Beta (market volatility) of -0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Coupang are expected to decrease at a much lower rate. During the bear market, Coupang is likely to outperform the market. Coupang right now shows a risk of 2.14%. Please confirm Coupang sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Coupang will be following its price patterns.
Auto-correlation | 0.23 |
Weak predictability
Coupang has weak predictability. Overlapping area represents the amount of predictability between Coupang time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th of December 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 Coupang price movement. The serial correlation of 0.23 indicates that over 23.0% of current Coupang price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 9.77 |
Coupang lagged returns against current returns
Autocorrelation, which is Coupang 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 Coupang's stock expected returns. We can calculate the autocorrelation of Coupang returns to help us make a trade decision. For example, suppose you find that Coupang 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 |
Coupang 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 Coupang stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coupang stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coupang stock over time.
Current vs Lagged Prices |
| Timeline |
Coupang Lagged Returns
When evaluating Coupang's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coupang stock have on its future price. Coupang 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, Coupang autocorrelation shows the relationship between Coupang stock current value and its past values and can show if there is a momentum factor associated with investing in Coupang.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Coupang Stock
Coupang financial ratios help investors to determine whether Coupang 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 Coupang with respect to the benefits of owning Coupang security.