Royal Unibrew (Germany) Market Value
| 0R1 Stock | EUR 69.45 1.20 1.76% |
| Symbol | Royal |
Royal Unibrew '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 Royal Unibrew'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 Royal Unibrew.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Royal Unibrew on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Royal Unibrew AS or generate 0.0% return on investment in Royal Unibrew over 510 days. Royal Unibrew is related to or competes with China Resources, and Molson Coors. Royal Unibrew AS produces, markets, sells, and distributes beer, malt, soft drinks, ciders, and ready-to-drink products More
Royal Unibrew 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 Royal Unibrew'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 Royal Unibrew AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.67 | |||
| Information Ratio | 0.0668 | |||
| Maximum Drawdown | 25.23 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 2.78 |
Royal Unibrew Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Royal Unibrew's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Royal Unibrew's standard deviation. In reality, there are many statistical measures that can use Royal Unibrew historical prices to predict the future Royal Unibrew's volatility.| Risk Adjusted Performance | 0.0916 | |||
| Jensen Alpha | 0.368 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | 0.1191 | |||
| Treynor Ratio | (0.74) |
Royal Unibrew AS Backtested Returns
Royal Unibrew appears to be very steady, given 3 months investment horizon. Royal Unibrew AS maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Royal Unibrew AS, which you can use to evaluate the volatility of the company. Please evaluate Royal Unibrew's Semi Deviation of 1.33, risk adjusted performance of 0.0916, and Coefficient Of Variation of 907.92 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Royal Unibrew holds a performance score of 8. The company holds a Beta of -0.43, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Royal Unibrew are expected to decrease at a much lower rate. During the bear market, Royal Unibrew is likely to outperform the market. Please check Royal Unibrew's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Royal Unibrew's historical price patterns will revert.
Auto-correlation | -0.61 |
Very good reverse predictability
Royal Unibrew AS has very good reverse predictability. Overlapping area represents the amount of predictability between Royal Unibrew time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Royal Unibrew AS price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Royal Unibrew price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 51.62 |
Royal Unibrew AS lagged returns against current returns
Autocorrelation, which is Royal Unibrew 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 Royal Unibrew's stock expected returns. We can calculate the autocorrelation of Royal Unibrew returns to help us make a trade decision. For example, suppose you find that Royal Unibrew 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 |
Royal Unibrew 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 Royal Unibrew stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Royal Unibrew stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Royal Unibrew stock over time.
Current vs Lagged Prices |
| Timeline |
Royal Unibrew Lagged Returns
When evaluating Royal Unibrew's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Royal Unibrew stock have on its future price. Royal Unibrew 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, Royal Unibrew autocorrelation shows the relationship between Royal Unibrew stock current value and its past values and can show if there is a momentum factor associated with investing in Royal Unibrew AS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Royal Stock
Royal Unibrew financial ratios help investors to determine whether Royal 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 Royal with respect to the benefits of owning Royal Unibrew security.