Molson Coors (Germany) Market Value
| NY7 Stock | EUR 56.12 0.24 0.43% |
| Symbol | Molson |
Molson Coors '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 Molson Coors' 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 Molson Coors.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in Molson Coors on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding Molson Coors Brewing or generate 0.0% return on investment in Molson Coors over 30 days. Molson Coors is related to or competes with Fomento Econmico, Anheuser-Busch InBev, Anheuser Busch, BUDWEISER BREWUNSPADR/4, China Resources, MOLSON RS, and MOLSON RS. Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products in the United State... More
Molson Coors 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 Molson Coors' 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 Molson Coors Brewing upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.23 | |||
| Information Ratio | 0.1335 | |||
| Maximum Drawdown | 8.92 | |||
| Value At Risk | (1.86) | |||
| Potential Upside | 2.84 |
Molson Coors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Molson Coors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Molson Coors' standard deviation. In reality, there are many statistical measures that can use Molson Coors historical prices to predict the future Molson Coors' volatility.| Risk Adjusted Performance | 0.1277 | |||
| Jensen Alpha | 0.2067 | |||
| Total Risk Alpha | 0.1767 | |||
| Sortino Ratio | 0.1585 | |||
| Treynor Ratio | 0.4365 |
Molson Coors Brewing Backtested Returns
Molson Coors appears to be very steady, given 3 months investment horizon. Molson Coors Brewing has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Molson Coors, which you can use to evaluate the volatility of the firm. Please exercise Molson Coors' Risk Adjusted Performance of 0.1277, mean deviation of 1.03, and Downside Deviation of 1.23 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Molson Coors holds a performance score of 12. The company secures a Beta (Market Risk) of 0.5, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Molson Coors' returns are expected to increase less than the market. However, during the bear market, the loss of holding Molson Coors is expected to be smaller as well. Please check Molson Coors' information ratio, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Molson Coors' current price movements will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Molson Coors Brewing has poor reverse predictability. Overlapping area represents the amount of predictability between Molson Coors time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Molson Coors Brewing price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Molson Coors price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.95 |
Molson Coors Brewing lagged returns against current returns
Autocorrelation, which is Molson Coors 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 Molson Coors' stock expected returns. We can calculate the autocorrelation of Molson Coors returns to help us make a trade decision. For example, suppose you find that Molson Coors 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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Molson Coors 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 Molson Coors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Molson Coors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Molson Coors stock over time.
Current vs Lagged Prices |
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Molson Coors Lagged Returns
When evaluating Molson Coors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Molson Coors stock have on its future price. Molson Coors 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, Molson Coors autocorrelation shows the relationship between Molson Coors stock current value and its past values and can show if there is a momentum factor associated with investing in Molson Coors Brewing.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Molson Stock
When determining whether Molson Coors Brewing 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 Molson 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 Molson Coors Brewing Stock. Highlighted below are key reports to facilitate an investment decision about Molson Coors Brewing Stock:Check out Molson Coors Correlation, Molson Coors Volatility and Molson Coors Alpha and Beta module to complement your research on Molson Coors. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Molson Coors 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.