EAST AFRICAN (Uganda) Market Value
| EABL Stock | 5,133 37.33 0.72% |
| Symbol | EAST |
EAST AFRICAN '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 EAST AFRICAN'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 EAST AFRICAN.
| 12/06/2022 |
| 11/25/2024 |
If you would invest 0.00 in EAST AFRICAN on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding EAST AFRICAN BREWERIES or generate 0.0% return on investment in EAST AFRICAN over 720 days.
EAST AFRICAN 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 EAST AFRICAN'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 EAST AFRICAN BREWERIES upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.39 | |||
| Information Ratio | 0.0481 | |||
| Maximum Drawdown | 16.02 | |||
| Value At Risk | (6.01) | |||
| Potential Upside | 6.71 |
EAST AFRICAN Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EAST AFRICAN's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EAST AFRICAN's standard deviation. In reality, there are many statistical measures that can use EAST AFRICAN historical prices to predict the future EAST AFRICAN's volatility.| Risk Adjusted Performance | 0.0763 | |||
| Jensen Alpha | 0.2524 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0449 | |||
| Treynor Ratio | 1.61 |
EAST AFRICAN BREWERIES Backtested Returns
EAST AFRICAN appears to be very steady, given 3 months investment horizon. EAST AFRICAN BREWERIES secures Sharpe Ratio (or Efficiency) of 0.13, which denotes the company had a 0.13% return per unit of volatility over the last 3 months. We have found thirty technical indicators for EAST AFRICAN BREWERIES, which you can use to evaluate the volatility of the entity. Please utilize EAST AFRICAN's Market Risk Adjusted Performance of 1.62, downside deviation of 3.39, and Mean Deviation of 2.05 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, EAST AFRICAN holds a performance score of 9. The firm shows a Beta (market volatility) of 0.17, which means not very significant fluctuations relative to the market. As returns on the market increase, EAST AFRICAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding EAST AFRICAN is expected to be smaller as well. Please check EAST AFRICAN's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether EAST AFRICAN's price patterns will revert.
Auto-correlation | -0.88 |
Excellent reverse predictability
EAST AFRICAN BREWERIES has excellent reverse predictability. Overlapping area represents the amount of predictability between EAST AFRICAN time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 EAST AFRICAN BREWERIES price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current EAST AFRICAN price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 670.2 K |
EAST AFRICAN BREWERIES lagged returns against current returns
Autocorrelation, which is EAST AFRICAN 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 EAST AFRICAN's stock expected returns. We can calculate the autocorrelation of EAST AFRICAN returns to help us make a trade decision. For example, suppose you find that EAST AFRICAN 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 |
EAST AFRICAN 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 EAST AFRICAN stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EAST AFRICAN stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EAST AFRICAN stock over time.
Current vs Lagged Prices |
| Timeline |
EAST AFRICAN Lagged Returns
When evaluating EAST AFRICAN's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EAST AFRICAN stock have on its future price. EAST AFRICAN 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, EAST AFRICAN autocorrelation shows the relationship between EAST AFRICAN stock current value and its past values and can show if there is a momentum factor associated with investing in EAST AFRICAN BREWERIES.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for EAST Stock Analysis
When running EAST AFRICAN's price analysis, check to measure EAST AFRICAN'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 EAST AFRICAN is operating at the current time. Most of EAST AFRICAN's value examination focuses on studying past and present price action to predict the probability of EAST AFRICAN's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EAST AFRICAN's price. Additionally, you may evaluate how the addition of EAST AFRICAN to your portfolios can decrease your overall portfolio volatility.