BUDWEISER BREWUNSPADR/4's market value is the price at which a share of BUDWEISER BREWUNSPADR/4 trades on a public exchange. It measures the collective expectations of BUDWEISER BREWUNSPADR4 investors about its performance. BUDWEISER BREWUNSPADR/4 is trading at 3.12 as of the 8th of January 2025. This is a 3.11% down since the beginning of the trading day. The stock's lowest day price was 3.12. With this module, you can estimate the performance of a buy and hold strategy of BUDWEISER BREWUNSPADR4 and determine expected loss or profit from investing in BUDWEISER BREWUNSPADR/4 over a given investment horizon. Check out BUDWEISER BREWUNSPADR/4 Correlation, BUDWEISER BREWUNSPADR/4 Volatility and BUDWEISER BREWUNSPADR/4 Alpha and Beta module to complement your research on BUDWEISER BREWUNSPADR/4.
Please note, there is a significant difference between BUDWEISER BREWUNSPADR/4's value and its price as these two are different measures arrived at by different means. Investors typically determine if BUDWEISER BREWUNSPADR/4 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BUDWEISER BREWUNSPADR/4's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
BUDWEISER BREWUNSPADR/4 '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 BUDWEISER BREWUNSPADR/4'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 BUDWEISER BREWUNSPADR/4.
0.00
12/09/2024
No Change 0.00
0.0
In 31 days
01/08/2025
0.00
If you would invest 0.00 in BUDWEISER BREWUNSPADR/4 on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding BUDWEISER BREWUNSPADR4 or generate 0.0% return on investment in BUDWEISER BREWUNSPADR/4 over 30 days. BUDWEISER BREWUNSPADR/4 is related to or competes with BJs Restaurants, OPKO HEALTH, Planet Fitness, Molina Healthcare, and PARKEN Sport. Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, sells, a... More
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure BUDWEISER BREWUNSPADR/4'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 BUDWEISER BREWUNSPADR4 upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for BUDWEISER BREWUNSPADR/4's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BUDWEISER BREWUNSPADR/4's standard deviation. In reality, there are many statistical measures that can use BUDWEISER BREWUNSPADR/4 historical prices to predict the future BUDWEISER BREWUNSPADR/4's volatility.
BUDWEISER BREWUNSPADR/4 secures Sharpe Ratio (or Efficiency) of -0.0604, which signifies that the company had a -0.0604% return per unit of risk over the last 3 months. BUDWEISER BREWUNSPADR4 exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm BUDWEISER BREWUNSPADR/4's Mean Deviation of 3.37, risk adjusted performance of (0.03), and Standard Deviation of 5.11 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BUDWEISER BREWUNSPADR/4 are expected to decrease at a much lower rate. During the bear market, BUDWEISER BREWUNSPADR/4 is likely to outperform the market. At this point, BUDWEISER BREWUNSPADR/4 has a negative expected return of -0.31%. Please make sure to confirm BUDWEISER BREWUNSPADR/4's coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if BUDWEISER BREWUNSPADR/4 performance from the past will be repeated in the future.
Auto-correlation
0.11
Insignificant predictability
BUDWEISER BREWUNSPADR4 has insignificant predictability. Overlapping area represents the amount of predictability between BUDWEISER BREWUNSPADR/4 time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of BUDWEISER BREWUNSPADR/4 price movement. The serial correlation of 0.11 indicates that less than 11.0% of current BUDWEISER BREWUNSPADR/4 price fluctuation can be explain by its past prices.
Correlation Coefficient
0.11
Spearman Rank Test
0.26
Residual Average
0.0
Price Variance
0.01
BUDWEISER BREWUNSPADR/4 lagged returns against current returns
Autocorrelation, which is BUDWEISER BREWUNSPADR/4 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 BUDWEISER BREWUNSPADR/4's stock expected returns. We can calculate the autocorrelation of BUDWEISER BREWUNSPADR/4 returns to help us make a trade decision. For example, suppose you find that BUDWEISER BREWUNSPADR/4 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
BUDWEISER BREWUNSPADR/4 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 BUDWEISER BREWUNSPADR/4 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BUDWEISER BREWUNSPADR/4 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BUDWEISER BREWUNSPADR/4 stock over time.
Current vs Lagged Prices
Timeline
BUDWEISER BREWUNSPADR/4 Lagged Returns
When evaluating BUDWEISER BREWUNSPADR/4's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BUDWEISER BREWUNSPADR/4 stock have on its future price. BUDWEISER BREWUNSPADR/4 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, BUDWEISER BREWUNSPADR/4 autocorrelation shows the relationship between BUDWEISER BREWUNSPADR/4 stock current value and its past values and can show if there is a momentum factor associated with investing in BUDWEISER BREWUNSPADR4.
BUDWEISER BREWUNSPADR/4 financial ratios help investors to determine whether BUDWEISER Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BUDWEISER with respect to the benefits of owning BUDWEISER BREWUNSPADR/4 security.