Coca Cola (Brazil) Price on September 19, 2023
COCA34 Stock | BRL 63.28 0.42 0.66% |
If you're considering investing in Coca Stock, it is important to understand the factors that can impact its price. As of today, the current price of Coca Cola stands at 63.28, as last reported on the 1st of December, with the highest price reaching 65.99 and the lowest price hitting 63.18 during the day. Coca Cola secures Sharpe Ratio (or Efficiency) of -0.0677, which signifies that the company had a -0.0677% return per unit of standard deviation over the last 3 months. The Coca Cola exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Coca Cola's Coefficient Of Variation of (3,295), risk adjusted performance of (0.02), and Mean Deviation of 0.9652 to double-check the risk estimate we provide.
Coca Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Coca |
Sharpe Ratio = -0.0677
Best Portfolio | Best Equity | |||
Good Returns | ||||
Average Returns | ||||
Small Returns | ||||
Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | COCA34 |
Estimated Market Risk
1.31 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.09 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Coca Cola is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Coca Cola by adding Coca Cola to a well-diversified portfolio.
Coca Cola Valuation on September 19, 2023
It is possible to determine the worth of Coca Cola on a given historical date. On September 19, 2023 Coca was worth 46.07 at the beginning of the trading date compared to the closed value of 46.18. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Coca Cola stock. Still, in general, we apply an absolute valuation method to find Coca Cola's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Coca Cola where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Coca Cola's related companies.
Open | High | Low | Close | Volume | |
45.93 | 46.16 | 45.50 | 46.16 | 16,292 | |
09/19/2023 | 46.07 | 46.29 | 45.69 | 46.18 | 12,156 |
46.08 | 46.49 | 45.77 | 46.49 | 14,849 |
Backtest Coca Cola | | | Coca Cola History | | | Coca Cola Valuation | Previous | Next |
Coca Cola Trading Date Momentum on September 19, 2023
On September 20 2023 The Coca Cola was traded for 46.49 at the closing time. The highest price during the trading period was 46.49 and the lowest recorded bid was listed for 45.77 . The volume for the day was 14.8 K. This history from September 20, 2023 contributed to the next trading day price jump. The overall trading delta to the next closing price was 0.67% . The trading price change to the current price is 1.06% . |
Coca Cola Fundamentals Correlations and Trends
By evaluating Coca Cola's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Coca Cola's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Coca financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Coca Cola Stock history
Coca Cola investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Coca is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Coca Cola will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Coca Cola stock prices may prove useful in developing a viable investing in Coca Cola
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company was founded in 1886 and is headquartered in Atlanta, Georgia. COCA COLA operates under BeveragesNon-Alcoholic classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 80300 people.
Coca Cola Stock Technical Analysis
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.
Price Boundaries
Coca Cola Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
The Coca Cola cannot be verified against its exchange. Please verify the symbol is currently traded on Sao Paulo Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Coca Cola December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Coca Cola stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Coca Cola shares will generate the highest return on investment. By undertsting and applying Coca Cola stock market strength indicators, traders can identify The Coca Cola entry and exit signals to maximize returns
Coca Cola Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Coca Cola's price direction in advance. Along with the technical and fundamental analysis of Coca Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Coca to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.02) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.27) | |||
Treynor Ratio | (0.29) |
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Complementary Tools for Coca Stock analysis
When running Coca Cola's price analysis, check to measure Coca Cola's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Coca Cola is operating at the current time. Most of Coca Cola's value examination focuses on studying past and present price action to predict the probability of Coca Cola's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coca Cola's price. Additionally, you may evaluate how the addition of Coca Cola to your portfolios can decrease your overall portfolio volatility.
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |