Coca-Cola Consolidated (Germany) Market Value
| CC5 Stock | EUR 1,230 10.00 0.81% |
| Symbol | Coca-Cola |
Coca-Cola Consolidated '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 Consolidated'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 Consolidated.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Coca-Cola Consolidated on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Coca Cola Consolidated or generate 0.0% return on investment in Coca-Cola Consolidated over 90 days. Coca-Cola Consolidated is related to or competes with DiamondRock Hospitality, CVS Health, Astral Foods, Collins Foods, Austevoll Seafood, and Natural Health. Coca-Cola Consolidated, Inc., together with its subsidiaries, produces, markets, and distributes nonalcoholic beverages ... More
Coca-Cola Consolidated 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 Consolidated'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 Consolidated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 11.38 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 3.51 |
Coca-Cola Consolidated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coca-Cola Consolidated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coca-Cola Consolidated's standard deviation. In reality, there are many statistical measures that can use Coca-Cola Consolidated historical prices to predict the future Coca-Cola Consolidated's volatility.| Risk Adjusted Performance | 0.0246 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.33) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.0477 |
Coca Cola Consolidated Backtested Returns
At this point, Coca-Cola Consolidated is very steady. Coca Cola Consolidated secures Sharpe Ratio (or Efficiency) of 0.0235, which signifies that the company had a 0.0235% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Coca Cola Consolidated, which you can use to evaluate the volatility of the firm. Please confirm Coca-Cola Consolidated's mean deviation of 1.57, and Risk Adjusted Performance of 0.0246 to double-check if the risk estimate we provide is consistent with the expected return of 0.0529%. Coca-Cola Consolidated has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.9, which signifies possible diversification benefits within a given portfolio. Coca-Cola Consolidated returns are very sensitive to returns on the market. As the market goes up or down, Coca-Cola Consolidated is expected to follow. Coca Cola Consolidated right now shows a risk of 2.25%. Please confirm Coca Cola Consolidated downside deviation, standard deviation, and the relationship between the semi deviation and coefficient of variation , to decide if Coca Cola Consolidated will be following its price patterns.
Auto-correlation | 0.36 |
Below average predictability
Coca Cola Consolidated has below average predictability. Overlapping area represents the amount of predictability between Coca-Cola Consolidated time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 Coca Cola Consolidated price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Coca-Cola Consolidated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 3509.55 |
Coca Cola Consolidated lagged returns against current returns
Autocorrelation, which is Coca-Cola Consolidated 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 Consolidated's stock expected returns. We can calculate the autocorrelation of Coca-Cola Consolidated returns to help us make a trade decision. For example, suppose you find that Coca-Cola Consolidated 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 |
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Coca-Cola Consolidated 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 Consolidated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coca-Cola Consolidated 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 Consolidated stock over time.
Current vs Lagged Prices |
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Coca-Cola Consolidated Lagged Returns
When evaluating Coca-Cola Consolidated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coca-Cola Consolidated stock have on its future price. Coca-Cola Consolidated 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 Consolidated autocorrelation shows the relationship between Coca-Cola Consolidated stock current value and its past values and can show if there is a momentum factor associated with investing in Coca Cola Consolidated.
Regressed Prices |
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Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Coca-Cola Stock
When determining whether Coca Cola Consolidated is a strong investment it is important to analyze Coca-Cola Consolidated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Coca-Cola Consolidated's future performance. For an informed investment choice regarding Coca-Cola Stock, refer to the following important reports:Check out Coca-Cola Consolidated Correlation, Coca-Cola Consolidated Volatility and Coca-Cola Consolidated Alpha and Beta module to complement your research on Coca-Cola Consolidated. For more detail on how to invest in Coca-Cola Stock please use our How to Invest in Coca-Cola Consolidated guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Coca-Cola Consolidated technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.