COCA COLA CO Market Value
| 191216DC1 | 63.82 4.30 7.22% |
| Symbol | 191216DC1 |
191216DC1 '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 191216DC1's bond 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 191216DC1.
| 04/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in 191216DC1 on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding COCA COLA CO or generate 0.0% return on investment in 191216DC1 over 240 days. 191216DC1 is related to or competes with Duluth Holdings, Citi Trends, Vita Coco, Carters, Boston Beer, Zumiez, and Skechers USA. More
191216DC1 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 191216DC1's bond 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 CO upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 31.12 | |||
| Value At Risk | (4.89) | |||
| Potential Upside | 4.67 |
191216DC1 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 191216DC1's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 191216DC1's standard deviation. In reality, there are many statistical measures that can use 191216DC1 historical prices to predict the future 191216DC1's volatility.| Risk Adjusted Performance | 0.0055 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.14) | |||
| Treynor Ratio | (0.61) |
COCA A CO Backtested Returns
At this point, 191216DC1 is very steady. COCA A CO retains Efficiency (Sharpe Ratio) of 0.0436, which signifies that the bond had a 0.0436% return per unit of price deviation over the last 3 months. We have found twenty-one technical indicators for 191216DC1, which you can use to evaluate the volatility of the entity. Please confirm 191216DC1's Information Ratio of (0.01), market risk adjusted performance of (0.60), and Variance of 16.22 to double-check if the risk estimate we provide is consistent with the expected return of 0.083%. The bond owns a Beta (Systematic Risk) of 0.0376, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 191216DC1's returns are expected to increase less than the market. However, during the bear market, the loss of holding 191216DC1 is expected to be smaller as well.
Auto-correlation | -0.53 |
Good reverse predictability
COCA COLA CO has good reverse predictability. Overlapping area represents the amount of predictability between 191216DC1 time series from 27th of April 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 A CO price movement. The serial correlation of -0.53 indicates that about 53.0% of current 191216DC1 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 5.72 |
COCA A CO lagged returns against current returns
Autocorrelation, which is 191216DC1 bond'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 191216DC1's bond expected returns. We can calculate the autocorrelation of 191216DC1 returns to help us make a trade decision. For example, suppose you find that 191216DC1 has exhibited high autocorrelation historically, and you observe that the bond 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 |
191216DC1 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 191216DC1 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 191216DC1 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 191216DC1 bond over time.
Current vs Lagged Prices |
| Timeline |
191216DC1 Lagged Returns
When evaluating 191216DC1's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 191216DC1 bond have on its future price. 191216DC1 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, 191216DC1 autocorrelation shows the relationship between 191216DC1 bond current value and its past values and can show if there is a momentum factor associated with investing in COCA COLA CO.
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.Other Information on Investing in 191216DC1 Bond
191216DC1 financial ratios help investors to determine whether 191216DC1 Bond 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 191216DC1 with respect to the benefits of owning 191216DC1 security.