Constellation Brands (Germany) Market Value
| CB1A Stock | EUR 215.00 3.60 1.65% |
| Symbol | Constellation |
Constellation Brands '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 Constellation Brands' 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 Constellation Brands.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Constellation Brands on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Constellation Brands or generate 0.0% return on investment in Constellation Brands over 180 days. Constellation Brands is related to or competes with SLR Investment, Carsales, HK Electric, New Residential, MGIC INVESTMENT, EAT WELL, and CARSALESCOM. Constellation Brands, Inc., together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in th... More
Constellation Brands 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 Constellation Brands' 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 Constellation Brands upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.95 | |||
| Value At Risk | (2.64) | |||
| Potential Upside | 2.41 |
Constellation Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Constellation Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Constellation Brands' standard deviation. In reality, there are many statistical measures that can use Constellation Brands historical prices to predict the future Constellation Brands' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | 0.116 |
Constellation Brands Backtested Returns
Constellation Brands secures Sharpe Ratio (or Efficiency) of -0.0778, which signifies that the company had a -0.0778% return per unit of risk over the last 3 months. Constellation Brands exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Constellation Brands' Mean Deviation of 0.9014, insignificant risk adjusted performance, and Standard Deviation of 1.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Constellation Brands are expected to decrease at a much lower rate. During the bear market, Constellation Brands is likely to outperform the market. At this point, Constellation Brands has a negative expected return of -0.0993%. Please make sure to confirm Constellation Brands' information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if Constellation Brands performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.04 |
Virtually no predictability
Constellation Brands has virtually no predictability. Overlapping area represents the amount of predictability between Constellation Brands 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 Constellation Brands price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current Constellation Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 25.42 |
Constellation Brands lagged returns against current returns
Autocorrelation, which is Constellation Brands 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 Constellation Brands' stock expected returns. We can calculate the autocorrelation of Constellation Brands returns to help us make a trade decision. For example, suppose you find that Constellation Brands 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 |
Constellation Brands 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 Constellation Brands stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Constellation Brands stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Constellation Brands stock over time.
Current vs Lagged Prices |
| Timeline |
Constellation Brands Lagged Returns
When evaluating Constellation Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Constellation Brands stock have on its future price. Constellation Brands 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, Constellation Brands autocorrelation shows the relationship between Constellation Brands stock current value and its past values and can show if there is a momentum factor associated with investing in Constellation Brands.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Constellation Stock
Constellation Brands financial ratios help investors to determine whether Constellation 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 Constellation with respect to the benefits of owning Constellation Brands security.