Coca Cola (Greece) Market Value
| EEE Stock | EUR 33.74 0.64 1.93% |
| Symbol | Coca |
Coca Cola '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'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.
| 04/02/2023 |
| 11/22/2024 |
If you would invest 0.00 in Coca Cola on April 2, 2023 and sell it all today you would earn a total of 0.00 from holding Coca Cola HBC AG or generate 0.0% return on investment in Coca Cola over 600 days. Coca Cola is related to or competes with Thrace Plastics, Hellenic Telecommunicatio, CPI Computer, Athens Medical, Intertech, Daios Plastics, and Eurobank Ergasias. Coca-Cola HBC AG produces, distributes, and sells non-alcoholic ready-to-drink beverages More
Coca Cola 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'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 HBC AG upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.991 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.56 | |||
| Value At Risk | (1.57) | |||
| Potential Upside | 2.03 |
Coca Cola Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coca Cola's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coca Cola's standard deviation. In reality, there are many statistical measures that can use Coca Cola historical prices to predict the future Coca Cola's volatility.| Risk Adjusted Performance | 0.046 | |||
| Jensen Alpha | 0.026 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1948 |
Coca Cola HBC Backtested Returns
Currently, Coca Cola HBC AG is very steady. Coca Cola HBC secures Sharpe Ratio (or Efficiency) of 0.0927, which signifies that the company had a 0.0927% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Coca Cola HBC AG, which you can use to evaluate the volatility of the firm. Please confirm Coca Cola's mean deviation of 0.8669, and Risk Adjusted Performance of 0.046 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Coca Cola has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coca Cola's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coca Cola is expected to be smaller as well. Coca Cola HBC right now shows a risk of 1.15%. Please confirm Coca Cola HBC downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Coca Cola HBC will be following its price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
Coca Cola HBC AG has poor reverse predictability. Overlapping area represents the amount of predictability between Coca Cola time series from 2nd of April 2023 to 27th of January 2024 and 27th of January 2024 to 22nd 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 Coca Cola HBC price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Coca Cola price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 4.48 |
Coca Cola HBC lagged returns against current returns
Autocorrelation, which is Coca Cola 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's stock expected returns. We can calculate the autocorrelation of Coca Cola returns to help us make a trade decision. For example, suppose you find that Coca Cola 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 |
Coca Cola 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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coca Cola 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 stock over time.
Current vs Lagged Prices |
| Timeline |
Coca Cola Lagged Returns
When evaluating Coca Cola's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coca Cola stock have on its future price. Coca Cola 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 autocorrelation shows the relationship between Coca Cola stock current value and its past values and can show if there is a momentum factor associated with investing in Coca Cola HBC AG.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Coca Stock Analysis
When running Coca Cola's price analysis, check to measure Coca Cola'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 Coca Cola is operating at the current time. Most of Coca Cola's value examination focuses on studying past and present price action to predict the probability of Coca Cola's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coca Cola's price. Additionally, you may evaluate how the addition of Coca Cola to your portfolios can decrease your overall portfolio volatility.