Carlsberg A/S (Germany) Market Value
| CBGB Stock | EUR 120.60 1.80 1.52% |
| Symbol | Carlsberg |
Carlsberg A/S '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 Carlsberg A/S'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 Carlsberg A/S.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Carlsberg A/S on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Carlsberg AS or generate 0.0% return on investment in Carlsberg A/S over 90 days. Carlsberg A/S is related to or competes with Geely Automobile, AAC TECHNOLOGHLDGADR, Addtech AB, T MOBILE, Easy Software, and Playtech Plc. Carlsberg AS produces and sells beer and other beverage products in Western Europe, Eastern Europe, and Asia More
Carlsberg A/S 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 Carlsberg A/S'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 Carlsberg AS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.2804 | |||
| Maximum Drawdown | 9.23 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.68 |
Carlsberg A/S Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carlsberg A/S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carlsberg A/S's standard deviation. In reality, there are many statistical measures that can use Carlsberg A/S historical prices to predict the future Carlsberg A/S's volatility.| Risk Adjusted Performance | 0.196 | |||
| Jensen Alpha | 0.3705 | |||
| Total Risk Alpha | 0.5539 | |||
| Sortino Ratio | 0.3273 | |||
| Treynor Ratio | 1.79 |
Carlsberg A/S Backtested Returns
Carlsberg A/S appears to be very steady, given 3 months investment horizon. Carlsberg A/S secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Carlsberg AS, which you can use to evaluate the volatility of the firm. Please makes use of Carlsberg A/S's Mean Deviation of 1.14, downside deviation of 1.4, and Risk Adjusted Performance of 0.196 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Carlsberg A/S holds a performance score of 19. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Carlsberg A/S's returns are expected to increase less than the market. However, during the bear market, the loss of holding Carlsberg A/S is expected to be smaller as well. Please check Carlsberg A/S's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Carlsberg A/S's price patterns will revert.
Auto-correlation | 0.50 |
Modest predictability
Carlsberg AS has modest predictability. Overlapping area represents the amount of predictability between Carlsberg A/S time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Carlsberg A/S price movement. The serial correlation of 0.5 indicates that about 50.0% of current Carlsberg A/S price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 59.82 |
Carlsberg A/S lagged returns against current returns
Autocorrelation, which is Carlsberg A/S 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 Carlsberg A/S's stock expected returns. We can calculate the autocorrelation of Carlsberg A/S returns to help us make a trade decision. For example, suppose you find that Carlsberg A/S 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 |
Carlsberg A/S 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 Carlsberg A/S stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carlsberg A/S stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carlsberg A/S stock over time.
Current vs Lagged Prices |
| Timeline |
Carlsberg A/S Lagged Returns
When evaluating Carlsberg A/S's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carlsberg A/S stock have on its future price. Carlsberg A/S 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, Carlsberg A/S autocorrelation shows the relationship between Carlsberg A/S stock current value and its past values and can show if there is a momentum factor associated with investing in Carlsberg AS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Carlsberg Stock
Carlsberg A/S financial ratios help investors to determine whether Carlsberg 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 Carlsberg with respect to the benefits of owning Carlsberg A/S security.