Young Cos (UK) Market Value
| YNGN Stock | 638.00 4.00 0.63% |
| Symbol | Young |
Young Cos '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 Young Cos' 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 Young Cos.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Young Cos on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Young Cos Brewery or generate 0.0% return on investment in Young Cos over 540 days. Young Cos is related to or competes with Berkshire Hathaway, Hyundai, Samsung Electronics, Samsung Electronics, Chocoladefabriken, OTP Bank, and Halyk Bank. Young Cos is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Young Cos 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 Young Cos' 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 Young Cos Brewery upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 7.34 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.91 |
Young Cos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Young Cos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Young Cos' standard deviation. In reality, there are many statistical measures that can use Young Cos historical prices to predict the future Young Cos' volatility.| Risk Adjusted Performance | 0.0086 | |||
| Jensen Alpha | 0.0085 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.0255 |
Young Cos Brewery Backtested Returns
Currently, Young Cos Brewery is very steady. Young Cos Brewery shows Sharpe Ratio of 0.0022, which attests that the company had a 0.0022% return per unit of risk over the last 3 months. We have found thirty technical indicators for Young Cos Brewery, which you can use to evaluate the volatility of the company. Please check out Young Cos' Market Risk Adjusted Performance of 0.0355, downside deviation of 1.3, and Mean Deviation of 0.9488 to validate if the risk estimate we provide is consistent with the expected return of 0.0029%. The firm maintains a market beta of -0.0942, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Young Cos are expected to decrease at a much lower rate. During the bear market, Young Cos is likely to outperform the market. Young Cos Brewery right now maintains a risk of 1.3%. Please check out Young Cos Brewery maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to decide if Young Cos Brewery will be following its historical returns.
Auto-correlation | -0.34 |
Poor reverse predictability
Young Cos Brewery has poor reverse predictability. Overlapping area represents the amount of predictability between Young Cos time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 Young Cos Brewery price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current Young Cos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 1044.67 |
Young Cos Brewery lagged returns against current returns
Autocorrelation, which is Young Cos 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 Young Cos' stock expected returns. We can calculate the autocorrelation of Young Cos returns to help us make a trade decision. For example, suppose you find that Young Cos 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 |
Young Cos 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 Young Cos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Young Cos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Young Cos stock over time.
Current vs Lagged Prices |
| Timeline |
Young Cos Lagged Returns
When evaluating Young Cos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Young Cos stock have on its future price. Young Cos 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, Young Cos autocorrelation shows the relationship between Young Cos stock current value and its past values and can show if there is a momentum factor associated with investing in Young Cos Brewery.
Regressed Prices |
| Timeline |
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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 Tools for Young Stock Analysis
When running Young Cos' price analysis, check to measure Young Cos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Young Cos is operating at the current time. Most of Young Cos' value examination focuses on studying past and present price action to predict the probability of Young Cos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Young Cos' price. Additionally, you may evaluate how the addition of Young Cos to your portfolios can decrease your overall portfolio volatility.