Coca Cola (Brazil) Market Value

COCA34 Stock  BRL 62.86  1.69  2.62%   
Coca Cola's market value is the price at which a share of Coca Cola trades on a public exchange. It measures the collective expectations of The Coca Cola investors about its performance. Coca Cola is trading at 62.86 as of the 5th of December 2024, a 2.62% down since the beginning of the trading day. The stock's open price was 64.55.
With this module, you can estimate the performance of a buy and hold strategy of The Coca Cola and determine expected loss or profit from investing in Coca Cola over a given investment horizon. Check out Coca Cola Correlation, Coca Cola Volatility and Coca Cola Alpha and Beta module to complement your research on Coca Cola.
Symbol

Please note, there is a significant difference between Coca Cola's value and its price as these two are different measures arrived at by different means. Investors typically determine if Coca Cola is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coca Cola'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.

Coca Cola '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'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.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Coca Cola on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding The Coca Cola or generate 0.0% return on investment in Coca Cola over 30 days. Coca Cola is related to or competes with Delta Air, Zoom Video, Southwest Airlines, Electronic Arts, British American, HDFC Bank, and Mitsubishi UFJ. The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide More

Coca Cola 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'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 The Coca Cola upside and downside potential and time the market with a certain degree of confidence.

Coca Cola Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Coca Cola's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coca Cola's standard deviation. In reality, there are many statistical measures that can use Coca Cola historical prices to predict the future Coca Cola's volatility.
Hype
Prediction
LowEstimatedHigh
61.5562.8664.17
Details
Intrinsic
Valuation
LowRealHigh
61.5962.9064.21
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Coca Cola. Your research has to be compared to or analyzed against Coca Cola's peers to derive any actionable benefits. When done correctly, Coca Cola's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Coca Cola.

Coca Cola Backtested Returns

Coca Cola secures Sharpe Ratio (or Efficiency) of -0.047, which signifies that the company had a -0.047% return per unit of standard deviation over the last 3 months. The Coca Cola exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Coca Cola's Mean Deviation of 0.9903, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,423) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coca Cola's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coca Cola is expected to be smaller as well. At this point, Coca Cola has a negative expected return of -0.0615%. Please make sure to confirm Coca Cola's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Coca Cola performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.56  

Good reverse predictability

The Coca Cola has good reverse predictability. Overlapping area represents the amount of predictability between Coca Cola time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Coca Cola price fluctuation can be explain by its past prices.
Correlation Coefficient-0.56
Spearman Rank Test-0.2
Residual Average0.0
Price Variance1.24

Coca Cola lagged returns against current returns

Autocorrelation, which is Coca Cola 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's stock expected returns. We can calculate the autocorrelation of Coca Cola returns to help us make a trade decision. For example, suppose you find that Coca Cola 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 Cola 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coca Cola 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 stock over time.
   Current vs Lagged Prices   
       Timeline  

Coca Cola Lagged Returns

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Information and Resources on Investing in Coca Stock

When determining whether Coca Cola offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coca Cola's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of The Coca Cola Stock. Outlined below are crucial reports that will aid in making a well-informed decision on The Coca Cola Stock:
Check out Coca Cola Correlation, Coca Cola Volatility and Coca Cola Alpha and Beta module to complement your research on Coca Cola.
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Coca Cola 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 Coca Cola technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Coca Cola 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...