Molson Coors (Germany) Market Value
| NY7 Stock | 57.60 0.04 0.07% |
| Symbol | Molson |
Molson Coors '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 Molson Coors' 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 Molson Coors.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Molson Coors on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Molson Coors Beverage or generate 0.0% return on investment in Molson Coors over 30 days. Molson Coors is related to or competes with TSOGO SUN, BOSTON BEER, Boyd Gaming, Monster Beverage, Penn National, Hochschild Mining, and Media. More
Molson Coors 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 Molson Coors' 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 Molson Coors Beverage upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.47 | |||
| Information Ratio | 0.1026 | |||
| Maximum Drawdown | 12.16 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.0 |
Molson Coors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Molson Coors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Molson Coors' standard deviation. In reality, there are many statistical measures that can use Molson Coors historical prices to predict the future Molson Coors' volatility.| Risk Adjusted Performance | 0.141 | |||
| Jensen Alpha | 0.2195 | |||
| Total Risk Alpha | 0.0236 | |||
| Sortino Ratio | 0.1235 | |||
| Treynor Ratio | 0.4399 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Molson Coors' 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.
Molson Coors Beverage Backtested Returns
Molson Coors appears to be very steady, given 3 months investment horizon. Molson Coors Beverage has Sharpe Ratio of 0.18, which conveys that the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Molson Coors, which you can use to evaluate the volatility of the firm. Please exercise Molson Coors' Downside Deviation of 1.47, risk adjusted performance of 0.141, and Mean Deviation of 1.19 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Molson Coors holds a performance score of 14. The company secures a Beta (Market Risk) of 0.69, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Molson Coors' returns are expected to increase less than the market. However, during the bear market, the loss of holding Molson Coors is expected to be smaller as well. Please check Molson Coors' downside variance, rate of daily change, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Molson Coors' current price movements will revert.
Auto-correlation | -0.48 |
Modest reverse predictability
Molson Coors Beverage has modest reverse predictability. Overlapping area represents the amount of predictability between Molson Coors time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Molson Coors Beverage price movement. The serial correlation of -0.48 indicates that about 48.0% of current Molson Coors price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 1.21 |
Molson Coors Beverage lagged returns against current returns
Autocorrelation, which is Molson Coors 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 Molson Coors' stock expected returns. We can calculate the autocorrelation of Molson Coors returns to help us make a trade decision. For example, suppose you find that Molson Coors 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 |
Molson Coors 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 Molson Coors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Molson Coors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Molson Coors stock over time.
Current vs Lagged Prices |
| Timeline |
Molson Coors Lagged Returns
When evaluating Molson Coors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Molson Coors stock have on its future price. Molson Coors 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, Molson Coors autocorrelation shows the relationship between Molson Coors stock current value and its past values and can show if there is a momentum factor associated with investing in Molson Coors Beverage.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Molson Stock Analysis
When running Molson Coors' price analysis, check to measure Molson Coors' 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 Molson Coors is operating at the current time. Most of Molson Coors' value examination focuses on studying past and present price action to predict the probability of Molson Coors' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Molson Coors' price. Additionally, you may evaluate how the addition of Molson Coors to your portfolios can decrease your overall portfolio volatility.