Budweiser Brewing Stock Market Value
| BDWBF Stock | USD 1.45 0.02 1.40% |
| Symbol | Budweiser |
Budweiser Brewing '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 Budweiser Brewing's pink sheet 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 Budweiser Brewing.
| 02/16/2024 |
| 05/16/2024 |
If you would invest 0.00 in Budweiser Brewing on February 16, 2024 and sell it all today you would earn a total of 0.00 from holding Budweiser Brewing or generate 0.0% return on investment in Budweiser Brewing over 90 days. Budweiser Brewing is related to or competes with Anheuser Busch, Anheuser Busch, Molson Coors, Boston Beer, Heineken, Heineken, and Budweiser Brewing. Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, and sell... More
Budweiser Brewing 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 Budweiser Brewing's pink sheet 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 Budweiser Brewing upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 24.3 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 4.26 |
Budweiser Brewing Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Budweiser Brewing's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Budweiser Brewing's standard deviation. In reality, there are many statistical measures that can use Budweiser Brewing historical prices to predict the future Budweiser Brewing's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Budweiser Brewing's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Budweiser Brewing Backtested Returns
Budweiser Brewing secures Sharpe Ratio (or Efficiency) of -0.0246, which signifies that the company had a -0.0246% return per unit of standard deviation over the last 3 months. Budweiser Brewing exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Budweiser Brewing's risk adjusted performance of (0.01), and Mean Deviation of 1.28 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Budweiser Brewing's returns are expected to increase less than the market. However, during the bear market, the loss of holding Budweiser Brewing is expected to be smaller as well. Budweiser Brewing has an expected return of -0.0736%. Please make sure to confirm Budweiser Brewing potential upside, day typical price, and the relationship between the total risk alpha and daily balance of power , to decide if Budweiser Brewing performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.37 |
Poor reverse predictability
Budweiser Brewing has poor reverse predictability. Overlapping area represents the amount of predictability between Budweiser Brewing time series from 16th of February 2024 to 1st of April 2024 and 1st of April 2024 to 16th of May 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 Budweiser Brewing price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Budweiser Brewing price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Budweiser Brewing lagged returns against current returns
Autocorrelation, which is Budweiser Brewing pink sheet'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 Budweiser Brewing's pink sheet expected returns. We can calculate the autocorrelation of Budweiser Brewing returns to help us make a trade decision. For example, suppose you find that Budweiser Brewing has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Budweiser Brewing 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 Budweiser Brewing pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Budweiser Brewing pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Budweiser Brewing pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Budweiser Brewing Lagged Returns
When evaluating Budweiser Brewing's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Budweiser Brewing pink sheet have on its future price. Budweiser Brewing 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, Budweiser Brewing autocorrelation shows the relationship between Budweiser Brewing pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Budweiser Brewing.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Budweiser Brewing in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Budweiser Brewing's short interest history, or implied volatility extrapolated from Budweiser Brewing options trading.
Pair Trading with Budweiser Brewing
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Budweiser Brewing position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Budweiser Brewing will appreciate offsetting losses from the drop in the long position's value.Moving against Budweiser Pink Sheet
| 0.58 | SMTC | Semtech Financial Report 5th of June 2024 | PairCorr |
The ability to find closely correlated positions to Budweiser Brewing could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Budweiser Brewing when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Budweiser Brewing - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Budweiser Brewing to buy it.
The correlation of Budweiser Brewing is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Budweiser Brewing moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Budweiser Brewing moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Budweiser Brewing can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Budweiser Brewing Correlation, Budweiser Brewing Volatility and Budweiser Brewing Alpha and Beta module to complement your research on Budweiser Brewing. Note that the Budweiser Brewing information on this page should be used as a complementary analysis to other Budweiser Brewing's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Budweiser Pink Sheet analysis
When running Budweiser Brewing's price analysis, check to measure Budweiser Brewing's 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 Budweiser Brewing is operating at the current time. Most of Budweiser Brewing's value examination focuses on studying past and present price action to predict the probability of Budweiser Brewing's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Budweiser Brewing's price. Additionally, you may evaluate how the addition of Budweiser Brewing to your portfolios can decrease your overall portfolio volatility.
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Budweiser Brewing technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.