MOLSON COORS (Germany) Market Value
| 65K Stock | EUR 58.50 1.50 2.63% |
| Symbol | MOLSON |
MOLSON COORS '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 MOLSON COORS'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 MOLSON COORS.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in MOLSON COORS on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding MOLSON RS CDA or generate 0.0% return on investment in MOLSON COORS over 30 days. MOLSON COORS is related to or competes with KINGBOARD CHEMICAL, Calibre Mining, MINCO SILVER, Shin-Etsu Chemical, ALBIS LEASING, NISSAN CHEMICAL, and Sixt Leasing. Molson Coors Canada Inc. brews, markets, sells, and distributes various beer brands in Canada More
MOLSON COORS 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 MOLSON COORS'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 MOLSON RS CDA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.77 | |||
| Information Ratio | 0.1208 | |||
| Maximum Drawdown | 11.1 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 3.45 |
MOLSON COORS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for MOLSON COORS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as MOLSON COORS's standard deviation. In reality, there are many statistical measures that can use MOLSON COORS historical prices to predict the future MOLSON COORS's volatility.| Risk Adjusted Performance | 0.1504 | |||
| Jensen Alpha | 0.3505 | |||
| Total Risk Alpha | 0.0603 | |||
| Sortino Ratio | 0.1263 | |||
| Treynor Ratio | (3.32) |
MOLSON RS CDA Backtested Returns
MOLSON COORS appears to be very steady, given 3 months investment horizon. MOLSON RS CDA has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for MOLSON COORS, which you can use to evaluate the volatility of the firm. Please exercise MOLSON COORS's risk adjusted performance of 0.1504, and Mean Deviation of 1.33 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, MOLSON COORS holds a performance score of 13. The company secures a Beta (Market Risk) of -0.1, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning MOLSON COORS are expected to decrease at a much lower rate. During the bear market, MOLSON COORS is likely to outperform the market. Please check MOLSON COORS's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether MOLSON COORS's current price movements will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
MOLSON RS CDA has weak reverse predictability. Overlapping area represents the amount of predictability between MOLSON COORS time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 MOLSON RS CDA price movement. The serial correlation of -0.24 indicates that over 24.0% of current MOLSON COORS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 1.12 |
MOLSON RS CDA lagged returns against current returns
Autocorrelation, which is MOLSON COORS 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 MOLSON COORS's stock expected returns. We can calculate the autocorrelation of MOLSON COORS returns to help us make a trade decision. For example, suppose you find that MOLSON COORS 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 |
MOLSON COORS 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 MOLSON COORS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if MOLSON COORS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in MOLSON COORS stock over time.
Current vs Lagged Prices |
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MOLSON COORS Lagged Returns
When evaluating MOLSON COORS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of MOLSON COORS stock have on its future price. MOLSON COORS 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, MOLSON COORS autocorrelation shows the relationship between MOLSON COORS stock current value and its past values and can show if there is a momentum factor associated with investing in MOLSON RS CDA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in MOLSON Stock
MOLSON COORS financial ratios help investors to determine whether MOLSON 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 MOLSON with respect to the benefits of owning MOLSON COORS security.