Coca Cola Bottlers Japan Stock Market Value
| CCOJY Stock | USD 7.03 0.83 10.56% |
| Symbol | Coca |
Coca Cola '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 Coca Cola's pink sheet 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 Coca Cola.
| 01/08/2023 |
| 12/28/2024 |
If you would invest 0.00 in Coca Cola on January 8, 2023 and sell it all today you would earn a total of 0.00 from holding Coca Cola Bottlers Japan or generate 0.0% return on investment in Coca Cola over 720 days. Coca Cola is related to or competes with Britvic PLC, Daiwa House, Central Japan, and Calbee. Coca-Cola Bottlers Japan Holdings Inc., together with its subsidiaries, engages in the purchase, bottling, packaging, di... More
Coca Cola 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 Coca Cola's pink sheet 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 Coca Cola Bottlers Japan upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.13 | |||
| Information Ratio | 0.0145 | |||
| Maximum Drawdown | 23.08 | |||
| Value At Risk | (7.49) | |||
| Potential Upside | 9.32 |
Coca Cola Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coca Cola's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coca Cola's standard deviation. In reality, there are many statistical measures that can use Coca Cola historical prices to predict the future Coca Cola's volatility.| Risk Adjusted Performance | 0.0252 | |||
| Jensen Alpha | 0.0966 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0115 | |||
| Treynor Ratio | (0.53) |
Coca Cola Bottlers Backtested Returns
At this stage we consider Coca Pink Sheet to be relatively risky. Coca Cola Bottlers secures Sharpe Ratio (or Efficiency) of 0.0246, which signifies that the company had a 0.0246% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Coca Cola Bottlers Japan, which you can use to evaluate the volatility of the firm. Please confirm Coca Cola's mean deviation of 2.54, and Risk Adjusted Performance of 0.0252 to double-check if the risk estimate we provide is consistent with the expected return of 0.12%. Coca Cola has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Coca Cola are expected to decrease at a much lower rate. During the bear market, Coca Cola is likely to outperform the market. Coca Cola Bottlers right now shows a risk of 4.93%. Please confirm Coca Cola Bottlers potential upside, and the relationship between the jensen alpha and accumulation distribution , to decide if Coca Cola Bottlers will be following its price patterns.
Auto-correlation | 0.38 |
Below average predictability
Coca Cola Bottlers Japan has below average predictability. Overlapping area represents the amount of predictability between Coca Cola time series from 8th of January 2023 to 3rd of January 2024 and 3rd of January 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 Coca Cola Bottlers price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Coca Cola price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.38 |
Coca Cola Bottlers lagged returns against current returns
Autocorrelation, which is Coca Cola pink sheet'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 Coca Cola's pink sheet expected returns. We can calculate the autocorrelation of Coca Cola returns to help us make a trade decision. For example, suppose you find that Coca Cola has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Coca Cola 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 Coca Cola pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coca Cola pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coca Cola pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Coca Cola Lagged Returns
When evaluating Coca Cola's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coca Cola pink sheet have on its future price. Coca Cola 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, Coca Cola autocorrelation shows the relationship between Coca Cola pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Coca Cola Bottlers Japan.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Coca Pink Sheet Analysis
When running Coca Cola's price analysis, check to measure Coca Cola's 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 Coca Cola is operating at the current time. Most of Coca Cola's value examination focuses on studying past and present price action to predict the probability of Coca Cola's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Coca Cola's price. Additionally, you may evaluate how the addition of Coca Cola to your portfolios can decrease your overall portfolio volatility.