Carlsberg (UK) Market Value
| 0AI4 Stock | DKK 738.30 17.50 2.43% |
| Symbol | Carlsberg |
Carlsberg '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 Carlsberg'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 Carlsberg.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in Carlsberg on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Carlsberg AS B or generate 0.0% return on investment in Carlsberg over 720 days. Carlsberg is related to or competes with Darden Restaurants, Thor Mining, Bisichi Mining, Ion Beam, Greenroc Mining, Lundin Mining, and Gear4music Plc. Carlsberg AS engages in the production and sale of beer and other beverage products in Western Europe, Eastern Europe, a... More
Carlsberg 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 Carlsberg'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 Carlsberg AS B upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.36 | |||
| Value At Risk | (2.61) | |||
| Potential Upside | 2.35 |
Carlsberg Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carlsberg's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carlsberg's standard deviation. In reality, there are many statistical measures that can use Carlsberg historical prices to predict the future Carlsberg's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | (0.19) |
Carlsberg AS B Backtested Returns
Carlsberg AS B secures Sharpe Ratio (or Efficiency) of -0.0538, which signifies that the company had a -0.0538% return per unit of risk over the last 3 months. Carlsberg AS B exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carlsberg's Mean Deviation of 1.13, risk adjusted performance of (0.01), and Standard Deviation of 1.52 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Carlsberg's returns are expected to increase less than the market. However, during the bear market, the loss of holding Carlsberg is expected to be smaller as well. At this point, Carlsberg AS B has a negative expected return of -0.0808%. Please make sure to confirm Carlsberg's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Carlsberg AS B performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Carlsberg AS B has good predictability. Overlapping area represents the amount of predictability between Carlsberg time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th of November 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 Carlsberg AS B price movement. The serial correlation of 0.78 indicates that around 78.0% of current Carlsberg price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 5077.7 |
Carlsberg AS B lagged returns against current returns
Autocorrelation, which is Carlsberg 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 Carlsberg's stock expected returns. We can calculate the autocorrelation of Carlsberg returns to help us make a trade decision. For example, suppose you find that Carlsberg 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 |
Carlsberg 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 Carlsberg stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carlsberg stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carlsberg stock over time.
Current vs Lagged Prices |
| Timeline |
Carlsberg Lagged Returns
When evaluating Carlsberg's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carlsberg stock have on its future price. Carlsberg 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, Carlsberg autocorrelation shows the relationship between Carlsberg stock current value and its past values and can show if there is a momentum factor associated with investing in Carlsberg AS B.
Regressed Prices |
| Timeline |
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Carlsberg financial ratios help investors to determine whether Carlsberg 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 Carlsberg with respect to the benefits of owning Carlsberg security.