COCA A ENTERPRISES Market Value

191219AY0   105.37  0.59  0.56%   
191219AY0's market value is the price at which a share of 191219AY0 trades on an exchange. It measures the collective expectations of COCA A ENTERPRISES investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of COCA A ENTERPRISES and determine expected loss or profit from investing in 191219AY0 over a given investment horizon.
Check out 191219AY0 Correlation, 191219AY0 Volatility and 191219AY0 Alpha and Beta module to complement your research on 191219AY0.
Symbol

Please note, there is a significant difference between 191219AY0's value and its price as these two are different measures arrived at by different means. Investors typically determine if 191219AY0 is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 191219AY0's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

191219AY0 '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 191219AY0'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 191219AY0.
0.00
11/23/2024
No Change 0.00  0.0 
In 30 days
12/23/2024
0.00
If you would invest  0.00  in 191219AY0 on November 23, 2024 and sell it all today you would earn a total of 0.00 from holding COCA A ENTERPRISES or generate 0.0% return on investment in 191219AY0 over 30 days. 191219AY0 is related to or competes with Eltek, Hudson Pacific, SL Green, Bassett Furniture, Vishay Precision, MI Homes, and IPG Photonics. More

191219AY0 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 191219AY0'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 A ENTERPRISES upside and downside potential and time the market with a certain degree of confidence.

191219AY0 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for 191219AY0's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 191219AY0's standard deviation. In reality, there are many statistical measures that can use 191219AY0 historical prices to predict the future 191219AY0's volatility.
Hype
Prediction
LowEstimatedHigh
104.76105.37105.98
Details
Intrinsic
Valuation
LowRealHigh
104.99105.60106.21
Details

COCA A ENTERPRISES Backtested Returns

At this point, 191219AY0 is very steady. COCA A ENTERPRISES retains Efficiency (Sharpe Ratio) of 0.0499, which signifies that the bond had a 0.0499% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 191219AY0, which you can use to evaluate the volatility of the entity. Please confirm 191219AY0's Standard Deviation of 0.607, coefficient of variation of 23991.9, and Market Risk Adjusted Performance of 0.683 to double-check if the risk estimate we provide is consistent with the expected return of 0.0306%. The bond owns a Beta (Systematic Risk) of -0.0111, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning 191219AY0 are expected to decrease at a much lower rate. During the bear market, 191219AY0 is likely to outperform the market.

Auto-correlation

    
  -0.94  

Near perfect reversele predictability

COCA A ENTERPRISES has near perfect reversele predictability. Overlapping area represents the amount of predictability between 191219AY0 time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 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 ENTERPRISES price movement. The serial correlation of -0.94 indicates that approximately 94.0% of current 191219AY0 price fluctuation can be explain by its past prices.
Correlation Coefficient-0.94
Spearman Rank Test-0.4
Residual Average0.0
Price Variance0.04

COCA A ENTERPRISES lagged returns against current returns

Autocorrelation, which is 191219AY0 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 191219AY0's bond expected returns. We can calculate the autocorrelation of 191219AY0 returns to help us make a trade decision. For example, suppose you find that 191219AY0 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  

191219AY0 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 191219AY0 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 191219AY0 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 191219AY0 bond over time.
   Current vs Lagged Prices   
       Timeline  

191219AY0 Lagged Returns

When evaluating 191219AY0's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 191219AY0 bond have on its future price. 191219AY0 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, 191219AY0 autocorrelation shows the relationship between 191219AY0 bond current value and its past values and can show if there is a momentum factor associated with investing in COCA A ENTERPRISES.
   Regressed Prices   
       Timeline  

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Other Information on Investing in 191219AY0 Bond

191219AY0 financial ratios help investors to determine whether 191219AY0 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 191219AY0 with respect to the benefits of owning 191219AY0 security.