Coca Cola (UK) Market Value
| 0QZK Stock | 63.40 1.15 1.85% |
| Symbol | Coca |
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.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Coca Cola on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Coca Cola Co or generate 0.0% return on investment in Coca Cola over 30 days. Coca Cola is related to or competes with Schroder Real, Herald Investment, British American, Dunedin Enterprise, Indutrade, OneSavings Bank, and Global Net. Coca Cola is entity of United Kingdom. It is traded as Stock on LSE exchange. 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 Coca Cola Co upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 4.28 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 1.12 |
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.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.75) |
Coca Cola Backtested Returns
Coca Cola secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2% return per unit of standard deviation over the last 3 months. Coca Cola Co 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 0.7074, and Risk Adjusted Performance of (0.13) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.23, 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 -0.18%. 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 | -0.66 |
Very good reverse predictability
Coca Cola Co has very good reverse predictability. Overlapping area represents the amount of predictability between Coca Cola time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Coca Cola price movement. The serial correlation of -0.66 indicates that around 66.0% of current Coca Cola price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.74 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
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 Coca Cola Co.
Regressed Prices |
| Timeline |
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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 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.