Embotelladora Andina (Germany) Market Value
| AKOB Stock | EUR 16.90 0.20 1.20% |
| Symbol | Embotelladora |
Embotelladora Andina '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 Embotelladora Andina'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 Embotelladora Andina.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Embotelladora Andina on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Embotelladora Andina SA or generate 0.0% return on investment in Embotelladora Andina over 180 days. Embotelladora Andina is related to or competes with Monster Beverage, Keurig Dr, Coca-Cola European, Coca Cola, National Beverage, and . Embotelladora Andina S.A., together with its subsidiaries, produces, markets, and distributes Coca-Cola soft drinks in C... More
Embotelladora Andina 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 Embotelladora Andina'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 Embotelladora Andina SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.33 | |||
| Information Ratio | 0.0293 | |||
| Maximum Drawdown | 23.15 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 4.38 |
Embotelladora Andina Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Embotelladora Andina's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Embotelladora Andina's standard deviation. In reality, there are many statistical measures that can use Embotelladora Andina historical prices to predict the future Embotelladora Andina's volatility.| Risk Adjusted Performance | 0.0391 | |||
| Jensen Alpha | 0.114 | |||
| Total Risk Alpha | 0.0267 | |||
| Sortino Ratio | 0.0272 | |||
| Treynor Ratio | (1.88) |
Embotelladora Andina Backtested Returns
Embotelladora Andina secures Sharpe Ratio (or Efficiency) of -0.0421, which denotes the company had a -0.0421% return per unit of standard deviation over the last 3 months. Embotelladora Andina SA exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Embotelladora Andina's Mean Deviation of 1.98, downside deviation of 3.33, and Semi Deviation of 2.66 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.06, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Embotelladora Andina are expected to decrease at a much lower rate. During the bear market, Embotelladora Andina is likely to outperform the market. At this point, Embotelladora Andina has a negative expected return of -0.11%. Please make sure to confirm Embotelladora Andina's semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if Embotelladora Andina performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Embotelladora Andina SA has weak reverse predictability. Overlapping area represents the amount of predictability between Embotelladora Andina time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th of December 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 Embotelladora Andina price movement. The serial correlation of -0.25 indicates that over 25.0% of current Embotelladora Andina price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Embotelladora Andina lagged returns against current returns
Autocorrelation, which is Embotelladora Andina 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 Embotelladora Andina's stock expected returns. We can calculate the autocorrelation of Embotelladora Andina returns to help us make a trade decision. For example, suppose you find that Embotelladora Andina 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 |
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Embotelladora Andina 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 Embotelladora Andina stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Embotelladora Andina stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Embotelladora Andina stock over time.
Current vs Lagged Prices |
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Embotelladora Andina Lagged Returns
When evaluating Embotelladora Andina's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Embotelladora Andina stock have on its future price. Embotelladora Andina 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, Embotelladora Andina autocorrelation shows the relationship between Embotelladora Andina stock current value and its past values and can show if there is a momentum factor associated with investing in Embotelladora Andina SA.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in Embotelladora Stock
Embotelladora Andina financial ratios help investors to determine whether Embotelladora 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 Embotelladora with respect to the benefits of owning Embotelladora Andina security.