BUDWEISER BREWUNSPADR/4 (Germany) Market Value
| 4BB1 Stock | EUR 3.28 0.08 2.50% |
| Symbol | BUDWEISER |
BUDWEISER BREWUNSPADR/4 '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 BUDWEISER BREWUNSPADR/4'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 BUDWEISER BREWUNSPADR/4.
| 04/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in BUDWEISER BREWUNSPADR/4 on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding BUDWEISER BREWUNSPADR4 or generate 0.0% return on investment in BUDWEISER BREWUNSPADR/4 over 240 days. BUDWEISER BREWUNSPADR/4 is related to or competes with International Consolidated, Gol Intelligent, TEXAS ROADHOUSE, AEGEAN AIRLINES, Aegean Airlines, Yuexiu Transport, and Gaztransport Technigaz. Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, sells, a... More
BUDWEISER BREWUNSPADR/4 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 BUDWEISER BREWUNSPADR/4'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 BUDWEISER BREWUNSPADR4 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.94 | |||
| Information Ratio | 0.0218 | |||
| Maximum Drawdown | 39.7 | |||
| Value At Risk | (6.70) | |||
| Potential Upside | 8.25 |
BUDWEISER BREWUNSPADR/4 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BUDWEISER BREWUNSPADR/4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BUDWEISER BREWUNSPADR/4's standard deviation. In reality, there are many statistical measures that can use BUDWEISER BREWUNSPADR/4 historical prices to predict the future BUDWEISER BREWUNSPADR/4's volatility.| Risk Adjusted Performance | 0.0305 | |||
| Jensen Alpha | 0.149 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0236 | |||
| Treynor Ratio | (0.31) |
BUDWEISER BREWUNSPADR/4 Backtested Returns
At this point, BUDWEISER BREWUNSPADR/4 is very risky. BUDWEISER BREWUNSPADR/4 secures Sharpe Ratio (or Efficiency) of 0.0091, which signifies that the company had a 0.0091% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for BUDWEISER BREWUNSPADR4, which you can use to evaluate the volatility of the firm. Please confirm BUDWEISER BREWUNSPADR/4's Risk Adjusted Performance of 0.0305, downside deviation of 4.94, and Mean Deviation of 3.7 to double-check if the risk estimate we provide is consistent with the expected return of 0.0489%. The firm shows a Beta (market volatility) of -0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BUDWEISER BREWUNSPADR/4 are expected to decrease at a much lower rate. During the bear market, BUDWEISER BREWUNSPADR/4 is likely to outperform the market. BUDWEISER BREWUNSPADR/4 now shows a risk of 5.37%. Please confirm BUDWEISER BREWUNSPADR/4 semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if BUDWEISER BREWUNSPADR/4 will be following its price patterns.
Auto-correlation | 0.11 |
Insignificant predictability
BUDWEISER BREWUNSPADR4 has insignificant predictability. Overlapping area represents the amount of predictability between BUDWEISER BREWUNSPADR/4 time series from 27th of April 2024 to 25th of August 2024 and 25th of August 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 BUDWEISER BREWUNSPADR/4 price movement. The serial correlation of 0.11 indicates that less than 11.0% of current BUDWEISER BREWUNSPADR/4 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
BUDWEISER BREWUNSPADR/4 lagged returns against current returns
Autocorrelation, which is BUDWEISER BREWUNSPADR/4 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 BUDWEISER BREWUNSPADR/4's stock expected returns. We can calculate the autocorrelation of BUDWEISER BREWUNSPADR/4 returns to help us make a trade decision. For example, suppose you find that BUDWEISER BREWUNSPADR/4 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 |
BUDWEISER BREWUNSPADR/4 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 BUDWEISER BREWUNSPADR/4 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BUDWEISER BREWUNSPADR/4 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BUDWEISER BREWUNSPADR/4 stock over time.
Current vs Lagged Prices |
| Timeline |
BUDWEISER BREWUNSPADR/4 Lagged Returns
When evaluating BUDWEISER BREWUNSPADR/4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BUDWEISER BREWUNSPADR/4 stock have on its future price. BUDWEISER BREWUNSPADR/4 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, BUDWEISER BREWUNSPADR/4 autocorrelation shows the relationship between BUDWEISER BREWUNSPADR/4 stock current value and its past values and can show if there is a momentum factor associated with investing in BUDWEISER BREWUNSPADR4.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in BUDWEISER Stock
BUDWEISER BREWUNSPADR/4 financial ratios help investors to determine whether BUDWEISER 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 BUDWEISER with respect to the benefits of owning BUDWEISER BREWUNSPADR/4 security.