United Breweries (Germany) Market Value
| CVU Stock | 10.20 0.25 2.51% |
| Symbol | United |
United Breweries '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 United Breweries' 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 United Breweries.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in United Breweries on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding United Breweries Co or generate 0.0% return on investment in United Breweries over 330 days. United Breweries is related to or competes with Apple, Apple, Apple, Apple, Apple, Microsoft, and Microsoft. More
United Breweries 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 United Breweries' 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 United Breweries Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.68 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 3.81 |
United Breweries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for United Breweries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as United Breweries' standard deviation. In reality, there are many statistical measures that can use United Breweries historical prices to predict the future United Breweries' volatility.| Risk Adjusted Performance | 0.0284 | |||
| Jensen Alpha | 0.0058 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1391 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of United Breweries' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
United Breweries Backtested Returns
Currently, United Breweries Co is not too volatile. United Breweries owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0294, which indicates the firm had a 0.0294% return per unit of risk over the last 3 months. We have found thirty technical indicators for United Breweries Co, which you can use to evaluate the volatility of the company. Please validate United Breweries' Risk Adjusted Performance of 0.0284, coefficient of variation of 3404.41, and Semi Deviation of 1.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.0542%. United Breweries has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, United Breweries' returns are expected to increase less than the market. However, during the bear market, the loss of holding United Breweries is expected to be smaller as well. United Breweries right now has a risk of 1.84%. Please validate United Breweries semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to decide if United Breweries will be following its existing price patterns.
Auto-correlation | 0.15 |
Insignificant predictability
United Breweries Co has insignificant predictability. Overlapping area represents the amount of predictability between United Breweries time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 United Breweries price movement. The serial correlation of 0.15 indicates that less than 15.0% of current United Breweries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
United Breweries lagged returns against current returns
Autocorrelation, which is United Breweries 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 United Breweries' stock expected returns. We can calculate the autocorrelation of United Breweries returns to help us make a trade decision. For example, suppose you find that United Breweries 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 |
United Breweries 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 United Breweries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if United Breweries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in United Breweries stock over time.
Current vs Lagged Prices |
| Timeline |
United Breweries Lagged Returns
When evaluating United Breweries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of United Breweries stock have on its future price. United Breweries 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, United Breweries autocorrelation shows the relationship between United Breweries stock current value and its past values and can show if there is a momentum factor associated with investing in United Breweries Co.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for United Stock Analysis
When running United Breweries' price analysis, check to measure United Breweries' 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 United Breweries is operating at the current time. Most of United Breweries' value examination focuses on studying past and present price action to predict the probability of United Breweries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Breweries' price. Additionally, you may evaluate how the addition of United Breweries to your portfolios can decrease your overall portfolio volatility.