Molson Coors (Brazil) Market Value
| M1CB34 Stock | 299.00 0.00 0.00% |
| Symbol | Molson |
Molson Coors '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 Molson Coors' 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 Molson Coors.
| 10/21/2024 |
| 01/19/2025 |
If you would invest 0.00 in Molson Coors on October 21, 2024 and sell it all today you would earn a total of 0.00 from holding Molson Coors Beverage or generate 0.0% return on investment in Molson Coors over 90 days.
Molson Coors 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 Molson Coors' 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 Molson Coors Beverage upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 0.6023 |
Molson Coors Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Molson Coors' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Molson Coors' standard deviation. In reality, there are many statistical measures that can use Molson Coors historical prices to predict the future Molson Coors' volatility.Molson Coors Beverage Backtested Returns
At this point, Molson Coors is very steady. Molson Coors Beverage has Sharpe Ratio of 0.13, which conveys that the firm had a 0.13 % return per unit of risk over the last 3 months. We have found fourteen technical indicators for Molson Coors, which you can use to evaluate the volatility of the firm. Please verify Molson Coors' Risk Adjusted Performance of 0.0104, coefficient of variation of 774.6, and Variance of 0.006 to check out if the risk estimate we provide is consistent with the expected return of 0.01%. Molson Coors has a performance score of 10 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0, which conveys not very significant fluctuations relative to the market. the returns on MARKET and Molson Coors are completely uncorrelated. Molson Coors Beverage right now secures a risk of 0.0778%. Please verify Molson Coors Beverage rate of daily change, day typical price, and the relationship between the kurtosis and day median price , to decide if Molson Coors Beverage will be following its current price movements.
Auto-correlation | Huge |
Perfect predictability
Molson Coors Beverage has perfect predictability. Overlapping area represents the amount of predictability between Molson Coors time series from 21st of October 2024 to 5th of December 2024 and 5th of December 2024 to 19th of January 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 Molson Coors Beverage price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Molson Coors price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Molson Coors Beverage lagged returns against current returns
Autocorrelation, which is Molson Coors 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 Molson Coors' stock expected returns. We can calculate the autocorrelation of Molson Coors returns to help us make a trade decision. For example, suppose you find that Molson Coors 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 |
Molson Coors 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 Molson Coors stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Molson Coors stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Molson Coors stock over time.
Current vs Lagged Prices |
| Timeline |
Molson Coors Lagged Returns
When evaluating Molson Coors' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Molson Coors stock have on its future price. Molson Coors 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, Molson Coors autocorrelation shows the relationship between Molson Coors stock current value and its past values and can show if there is a momentum factor associated with investing in Molson Coors Beverage.
Regressed Prices |
| Timeline |