COCA A ENTERPRISES Market Value
| 191219BE3 | 109.60 3.09 2.90% |
| Symbol | 191219BE3 |
191219BE3 '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 191219BE3'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 191219BE3.
| 06/26/2024 |
| 12/23/2024 |
If you would invest 0.00 in 191219BE3 on June 26, 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 191219BE3 over 180 days. 191219BE3 is related to or competes with ICC Holdings, Aquestive Therapeutics, Sabre Insurance, Sun Life, Kinsale Capital, QBE Insurance, and Alvotech. More
191219BE3 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 191219BE3'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.
| Downside Deviation | 0.7926 | |||
| Information Ratio | (0.0008) | |||
| Maximum Drawdown | 3.74 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.42 |
191219BE3 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 191219BE3's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 191219BE3's standard deviation. In reality, there are many statistical measures that can use 191219BE3 historical prices to predict the future 191219BE3's volatility.| Risk Adjusted Performance | 0.0274 | |||
| Jensen Alpha | 0.0188 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1834 |
COCA A ENTERPRISES Backtested Returns
At this point, 191219BE3 is very steady. COCA A ENTERPRISES retains Efficiency (Sharpe Ratio) of 0.0687, which signifies that the bond had a 0.0687% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for 191219BE3, which you can use to evaluate the volatility of the entity. Please confirm 191219BE3's Market Risk Adjusted Performance of 0.1934, standard deviation of 0.972, and Coefficient Of Variation of 3097.38 to double-check if the risk estimate we provide is consistent with the expected return of 0.0706%. The bond owns a Beta (Systematic Risk) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, 191219BE3's returns are expected to increase less than the market. However, during the bear market, the loss of holding 191219BE3 is expected to be smaller as well.
Auto-correlation | -0.38 |
Poor reverse predictability
COCA A ENTERPRISES has poor reverse predictability. Overlapping area represents the amount of predictability between 191219BE3 time series from 26th of June 2024 to 24th of September 2024 and 24th of September 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 -0.38 indicates that just about 38.0% of current 191219BE3 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 1.5 |
COCA A ENTERPRISES lagged returns against current returns
Autocorrelation, which is 191219BE3 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 191219BE3's bond expected returns. We can calculate the autocorrelation of 191219BE3 returns to help us make a trade decision. For example, suppose you find that 191219BE3 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 |
191219BE3 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 191219BE3 bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 191219BE3 bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 191219BE3 bond over time.
Current vs Lagged Prices |
| Timeline |
191219BE3 Lagged Returns
When evaluating 191219BE3's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 191219BE3 bond have on its future price. 191219BE3 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, 191219BE3 autocorrelation shows the relationship between 191219BE3 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 |
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 191219BE3 Bond
191219BE3 financial ratios help investors to determine whether 191219BE3 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 191219BE3 with respect to the benefits of owning 191219BE3 security.