Coala Life (Sweden) Market Value
| COALA Stock | 0.02 0.00 0.00% |
| Symbol | Coala |
Coala Life '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 Coala Life'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 Coala Life.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Coala Life on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Coala Life Group or generate 0.0% return on investment in Coala Life over 360 days. Coala Life is related to or competes with Kambi Group, Bambuser, Evolution, and Zaptec AS. More
Coala Life 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 Coala Life'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 Coala Life Group upside and downside potential and time the market with a certain degree of confidence.
Coala Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coala Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coala Life's standard deviation. In reality, there are many statistical measures that can use Coala Life historical prices to predict the future Coala Life's volatility.Coala Life Group Backtested Returns
We have found three technical indicators for Coala Life Group, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Coala Life are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Coala Life Group has no correlation between past and present. Overlapping area represents the amount of predictability between Coala Life time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd 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 Coala Life Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Coala Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Coala Life Group lagged returns against current returns
Autocorrelation, which is Coala Life 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 Coala Life's stock expected returns. We can calculate the autocorrelation of Coala Life returns to help us make a trade decision. For example, suppose you find that Coala Life 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 |
Coala Life 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 Coala Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coala Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coala Life stock over time.
Current vs Lagged Prices |
| Timeline |
Coala Life Lagged Returns
When evaluating Coala Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coala Life stock have on its future price. Coala Life 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, Coala Life autocorrelation shows the relationship between Coala Life stock current value and its past values and can show if there is a momentum factor associated with investing in Coala Life Group.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Coala Stock Analysis
When running Coala Life's price analysis, check to measure Coala Life'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 Coala Life is operating at the current time. Most of Coala Life's value examination focuses on studying past and present price action to predict the probability of Coala Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coala Life's price. Additionally, you may evaluate how the addition of Coala Life to your portfolios can decrease your overall portfolio volatility.