Coca Cola (Germany) Risk Analysis And Volatility Evaluation

3COA -- Germany Stock  

EUR 4.38  0.05  1.15%

Macroaxis considers Coca Cola unknown risk given 1 month investment horizon. Coca Cola Iecek secures Sharpe Ratio (or Efficiency) of 0.1553 which signifies that Coca Cola Iecek had 0.1553% of return per unit of standard deviation over the last 1 month. Our philosophy in foreseeing volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. By analyzing Coca Cola Iecek technical indicators you can presently evaluate if the expected return of 0.5527% is justified by implied risk. Please makes use of Coca Cola Iecek Mean Deviation of 1.94 and Risk Adjusted Performance of 0.1107 to double-check if our risk estimates are consistent with your expectations.
Horizon     30 Days    Login   to change

Coca Cola Market Sensitivity

As returns on market increase, Coca Cola returns are expected to increase less than the market. However during bear market, the loss on holding Coca Cola will be expected to be smaller as well.
One Month Beta |Analyze Coca Cola Iecek Demand Trend
Check current 30 days Coca Cola correlation with market (DOW)
β = 0.1471
Coca Cola Small BetaCoca Cola Iecek Beta Legend

Coca Cola Iecek Technical Analysis

Transformation
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Coca Cola Projected Return Density Against Market

Assuming 30 trading days horizon, Coca Cola has beta of 0.1471 . This suggests as returns on market go up, Coca Cola average returns are expected to increase less than the benchmark. However during bear market, the loss on holding Coca Cola Iecek Anonim Sirketi will be expected to be much smaller as well. Moreover, Coca Cola Iecek Anonim Sirketi has an alpha of 0.3055 implying that it can potentially generate 0.3055% excess return over DOW after adjusting for the inherited market risk (beta).
 Predicted Return Density 
      Returns 
Assuming 30 trading days horizon, the coefficient of variation of Coca Cola is 643.96. The daily returns are destributed with a variance of 12.67 and standard deviation of 3.56. The mean deviation of Coca Cola Iecek Anonim Sirketi is currently at 2.25. For similar time horizon, the selected benchmark (DOW) has volatility of 1.08
α
Alpha over DOW
=0.31
β
Beta against DOW=0.15
σ
Overall volatility
=3.56
Ir
Information ratio =0.11

Coca Cola Return Volatility

Coca Cola Iecek Anonim Sirketi accepts 3.5589% volatility on return distribution over the 30 days horizon. DOW inherits 1.0565% risk (volatility on return distribution) over the 30 days horizon.
 Performance (%) 
      Timeline 

Market Risk Breakdown

Coca Cola Volatility Factors

30 Days Market Risk

Unknown risk

Chance of Distress in 24 months

Unknown Distress

30 Days Economic Sensitivity

Insignificant

Investment Outlook

Coca Cola Investment Opportunity

Coca Cola Iecek Anonim Sirketi has a volatility of 3.56 and is 3.36 times more volatile than DOW. 32% of all equities and portfolios are less risky than Coca Cola. Compared to the overall equity markets, volatility of historical daily returns of Coca Cola Iecek Anonim Sirketi is lower than 32 (%) of all global equities and portfolios over the last 30 days. Use Coca Cola Iecek Anonim Sirketi to enhance returns of your portfolios. The stock experiences large bullish trend. Check odds of Coca Cola to be traded at €4.82 in 30 days. As returns on market increase, Coca Cola returns are expected to increase less than the market. However during bear market, the loss on holding Coca Cola will be expected to be smaller as well.

Coca Cola correlation with market

Significant diversification
Overlapping area represents the amount of risk that can be diversified away by holding Coca Cola Iecek Anonim Sirketi and equity matching DJI index in the same portfolio.

Coca Cola Volatility Indicators

Coca Cola Iecek Anonim Sirketi Current Risk Indicators

Check also Trending Equities. Please also try Fundamentals Matrix module to view fundamentals matrix and analyze how accounts are interrelated and interconnected with each other.
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