Coty (Brazil) Market Value
| COTY34 Stock | BRL 17.30 0.28 1.65% |
| Symbol | Coty |
Coty '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 Coty'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 Coty.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Coty on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Coty Inc or generate 0.0% return on investment in Coty over 90 days. Coty is related to or competes with MAHLE Metal, Capital One, and Mitsubishi UFJ. Coty Inc., together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide More
Coty 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 Coty'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 Coty Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 15.24 | |||
| Value At Risk | (4.97) | |||
| Potential Upside | 3.56 |
Coty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Coty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Coty's standard deviation. In reality, there are many statistical measures that can use Coty historical prices to predict the future Coty's volatility.| Risk Adjusted Performance | (0.15) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (5.01) |
Coty Inc Backtested Returns
Coty Inc secures Sharpe Ratio (or Efficiency) of -0.18, which signifies that the company had a -0.18 % return per unit of risk over the last 3 months. Coty Inc exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Coty's Mean Deviation of 1.41, risk adjusted performance of (0.15), and Standard Deviation of 2.34 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0854, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Coty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Coty is expected to be smaller as well. At this point, Coty Inc has a negative expected return of -0.42%. Please make sure to confirm Coty's treynor ratio, daily balance of power, price action indicator, as well as the relationship between the skewness and day median price , to decide if Coty Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Coty Inc has good predictability. Overlapping area represents the amount of predictability between Coty time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Coty Inc price movement. The serial correlation of 0.66 indicates that around 66.0% of current Coty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 2.69 |
Coty Inc lagged returns against current returns
Autocorrelation, which is Coty 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 Coty's stock expected returns. We can calculate the autocorrelation of Coty returns to help us make a trade decision. For example, suppose you find that Coty 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 |
Coty 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 Coty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Coty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Coty stock over time.
Current vs Lagged Prices |
| Timeline |
Coty Lagged Returns
When evaluating Coty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Coty stock have on its future price. Coty 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, Coty autocorrelation shows the relationship between Coty stock current value and its past values and can show if there is a momentum factor associated with investing in Coty Inc.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Information and Resources on Investing in Coty Stock
When determining whether Coty Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Coty's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Coty Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Coty Inc Stock:Check out Coty Correlation, Coty Volatility and Coty Alpha and Beta module to complement your research on Coty. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Coty technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.