Coca-Cola European (Germany) Market Value
| CK0 Stock | EUR 73.30 0.70 0.96% |
| Symbol | Coca-Cola |
Coca-Cola European '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-Cola European'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-Cola European.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Coca-Cola European on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Coca Cola European Partners or generate 0.0% return on investment in Coca-Cola European over 720 days. Coca-Cola European is related to or competes with Coca Cola, Monster Beverage, Keurig Dr, Coca Cola, COCA A, and National Beverage. Coca-Cola European Partners plc, together with its subsidiaries, produces, markets, distributes, and sells a range of no... More
Coca-Cola European 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-Cola European'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 Cola European Partners upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.84 | |||
| Information Ratio | 0.0158 | |||
| Maximum Drawdown | 8.43 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 2.71 |
Coca-Cola European Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coca-Cola European's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coca-Cola European's standard deviation. In reality, there are many statistical measures that can use Coca-Cola European historical prices to predict the future Coca-Cola European's volatility.| Risk Adjusted Performance | 0.0385 | |||
| Jensen Alpha | 0.0423 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.015 | |||
| Treynor Ratio | 0.1079 |
Coca Cola European Backtested Returns
At this point, Coca-Cola European is very steady. Coca Cola European secures Sharpe Ratio (or Efficiency) of 0.0524, which signifies that the company had a 0.0524% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Coca Cola European Partners, which you can use to evaluate the volatility of the firm. Please confirm Coca-Cola European's mean deviation of 1.38, and Risk Adjusted Performance of 0.0385 to double-check if the risk estimate we provide is consistent with the expected return of 0.0918%. Coca-Cola European has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Coca-Cola European's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coca-Cola European is expected to be smaller as well. Coca Cola European right now shows a risk of 1.75%. Please confirm Coca Cola European mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Coca Cola European will be following its price patterns.
Auto-correlation | 0.69 |
Good predictability
Coca Cola European Partners has good predictability. Overlapping area represents the amount of predictability between Coca-Cola European 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 Coca Cola European price movement. The serial correlation of 0.69 indicates that around 69.0% of current Coca-Cola European price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 19.28 |
Coca Cola European lagged returns against current returns
Autocorrelation, which is Coca-Cola European 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-Cola European's stock expected returns. We can calculate the autocorrelation of Coca-Cola European returns to help us make a trade decision. For example, suppose you find that Coca-Cola European 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 |
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Coca-Cola European 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-Cola European stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coca-Cola European stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coca-Cola European stock over time.
Current vs Lagged Prices |
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Coca-Cola European Lagged Returns
When evaluating Coca-Cola European's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coca-Cola European stock have on its future price. Coca-Cola European 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-Cola European autocorrelation shows the relationship between Coca-Cola European stock current value and its past values and can show if there is a momentum factor associated with investing in Coca Cola European Partners.
Regressed Prices |
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Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Coca-Cola Stock
When determining whether Coca Cola European 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 Coca-Cola 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 Coca Cola European Partners Stock. Highlighted below are key reports to facilitate an investment decision about Coca Cola European Partners Stock:Check out Coca-Cola European Correlation, Coca-Cola European Volatility and Coca-Cola European Alpha and Beta module to complement your research on Coca-Cola European. You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.
Coca-Cola European 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.