COCA A (Germany) Market Value
| CCKC Stock | EUR 32.20 0.00 0.00% |
| Symbol | COCA |
COCA A '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 COCA A'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 COCA A.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in COCA A on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding COCA A HBC or generate 0.0% return on investment in COCA A over 30 days. COCA A is related to or competes with Monster Beverage, Keurig Dr, Coca-Cola European, Coca Cola, National Beverage, and Embotelladora Andina. Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages More
COCA A 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 COCA A'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 COCA A HBC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 10.39 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.45 |
COCA A Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for COCA A's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as COCA A's standard deviation. In reality, there are many statistical measures that can use COCA A historical prices to predict the future COCA A's volatility.| Risk Adjusted Performance | 0.008 | |||
| Jensen Alpha | 0.001 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0351 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of COCA A'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.
COCA A HBC Backtested Returns
At this point, COCA A is very steady. COCA A HBC retains Efficiency (Sharpe Ratio) of 0.0087, which signifies that the company had a 0.0087% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for COCA A, which you can use to evaluate the volatility of the firm. Please confirm COCA A's market risk adjusted performance of 0.0451, and Coefficient Of Variation of 31086.83 to double-check if the risk estimate we provide is consistent with the expected return of 0.0154%. The firm owns a Beta (Systematic Risk) of -0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning COCA A are expected to decrease at a much lower rate. During the bear market, COCA A is likely to outperform the market. COCA A HBC at this time owns a risk of 1.78%. Please confirm COCA A HBC downside deviation, information ratio, and the relationship between the semi deviation and variance , to decide if COCA A HBC will be following its current price history.
Auto-correlation | -0.14 |
Insignificant reverse predictability
COCA A HBC has insignificant reverse predictability. Overlapping area represents the amount of predictability between COCA A time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 COCA A HBC price movement. The serial correlation of -0.14 indicates that less than 14.0% of current COCA A price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
COCA A HBC lagged returns against current returns
Autocorrelation, which is COCA A 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 COCA A's stock expected returns. We can calculate the autocorrelation of COCA A returns to help us make a trade decision. For example, suppose you find that COCA A 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 |
COCA A 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 COCA A stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if COCA A stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in COCA A stock over time.
Current vs Lagged Prices |
| Timeline |
COCA A Lagged Returns
When evaluating COCA A's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of COCA A stock have on its future price. COCA A 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, COCA A autocorrelation shows the relationship between COCA A stock current value and its past values and can show if there is a momentum factor associated with investing in COCA A HBC.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in COCA Stock
COCA A financial ratios help investors to determine whether COCA 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 COCA with respect to the benefits of owning COCA A security.