Embotelladora Andina (Germany) Market Value
| AKOB Stock | EUR 16.70 0.00 0.00% |
| Symbol | Embotelladora |
Embotelladora Andina '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 Embotelladora Andina'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 Embotelladora Andina.
| 10/27/2024 |
| 12/26/2024 |
If you would invest 0.00 in Embotelladora Andina on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Embotelladora Andina SA or generate 0.0% return on investment in Embotelladora Andina over 60 days. Embotelladora Andina is related to or competes with Coca Cola, Monster Beverage, Keurig Dr, Coca-Cola European, Coca Cola, COCA A, and National Beverage. Embotelladora Andina S.A., together with its subsidiaries, produces, markets, and distributes Coca-Cola soft drinks in C... More
Embotelladora Andina 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 Embotelladora Andina'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 Embotelladora Andina SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.33 | |||
| Information Ratio | 0.0287 | |||
| Maximum Drawdown | 23.15 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 4.38 |
Embotelladora Andina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embotelladora Andina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embotelladora Andina's standard deviation. In reality, there are many statistical measures that can use Embotelladora Andina historical prices to predict the future Embotelladora Andina's volatility.| Risk Adjusted Performance | 0.0419 | |||
| Jensen Alpha | 0.1105 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0266 | |||
| Treynor Ratio | 0.3338 |
Embotelladora Andina Backtested Returns
At this point, Embotelladora Andina is not too volatile. Embotelladora Andina secures Sharpe Ratio (or Efficiency) of 0.0316, which denotes the company had a 0.0316% return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for Embotelladora Andina SA, which you can use to evaluate the volatility of the firm. Please confirm Embotelladora Andina's Downside Deviation of 3.33, semi deviation of 2.66, and Mean Deviation of 1.99 to check if the risk estimate we provide is consistent with the expected return of 0.0978%. Embotelladora Andina has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, Embotelladora Andina's returns are expected to increase less than the market. However, during the bear market, the loss of holding Embotelladora Andina is expected to be smaller as well. Embotelladora Andina right now shows a risk of 3.1%. Please confirm Embotelladora Andina market risk adjusted performance, semi deviation, variance, as well as the relationship between the mean deviation and downside deviation , to decide if Embotelladora Andina will be following its price patterns.
Auto-correlation | -0.08 |
Very weak reverse predictability
Embotelladora Andina SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Embotelladora Andina time series from 27th of October 2024 to 26th of November 2024 and 26th of November 2024 to 26th 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 Embotelladora Andina price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Embotelladora Andina price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Embotelladora Andina lagged returns against current returns
Autocorrelation, which is Embotelladora Andina 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 Embotelladora Andina's stock expected returns. We can calculate the autocorrelation of Embotelladora Andina returns to help us make a trade decision. For example, suppose you find that Embotelladora Andina 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 |
Embotelladora Andina 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 Embotelladora Andina stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embotelladora Andina stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embotelladora Andina stock over time.
Current vs Lagged Prices |
| Timeline |
Embotelladora Andina Lagged Returns
When evaluating Embotelladora Andina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embotelladora Andina stock have on its future price. Embotelladora Andina 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, Embotelladora Andina autocorrelation shows the relationship between Embotelladora Andina stock current value and its past values and can show if there is a momentum factor associated with investing in Embotelladora Andina SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Embotelladora Stock
Embotelladora Andina financial ratios help investors to determine whether Embotelladora 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 Embotelladora with respect to the benefits of owning Embotelladora Andina security.