Coca-Cola European Stock Forecast - Naive Prediction

CCEP
 Stock
  

USD 52.49  0.75  1.41%   

Coca-Cola Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Coca-Cola European historical stock prices and determine the direction of Coca-Cola European Partners's future trends based on various well-known forecasting models. However, solely looking at the historical price movement is usually misleading. Macroaxis recommends to always use this module together with analysis of Coca-Cola European historical fundamentals such as revenue growth or operating cash flow patterns. Although Coca-Cola European naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Coca-Cola European Partners systematic risk associated with finding meaningful patterns of Coca-Cola European fundamentals over time.
Continue to Historical Fundamental Analysis of Coca-Cola European to cross-verify your projections.
  
Coca-Cola European PPandE Turnover is very stable at the moment as compared to the past year. Coca-Cola European reported last year PPandE Turnover of 3.02. As of 7th of December 2022, Inventory Turnover is likely to grow to 12.15, while Receivables Turnover is likely to drop 6.51. . As of 7th of December 2022, Issuance Purchase of Equity Shares is likely to grow to about 30.2 M, while Weighted Average Shares is likely to drop about 367.7 M.

Open Interest Agains t 2022-12-16 Coca-Cola Option Contracts

Although open interest is a measure utilized in the options markets, it could be used to forecast Coca-Cola European's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest Coca-Cola European's options reflect these daily shifts, investors could use the patterns of these changes to develop long and short trading strategies Coca-Cola European stock based on available contracts left at the end of a trading day.
Please note, to derive more accurate forecasting about market movement from the current Coca-Cola European's open interest, investors have to compare it to Coca-Cola European's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Coca-Cola European is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Coca-Cola. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Coca-Cola European cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Coca-Cola European's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Coca-Cola European's price structures and extracts relationships that further increase the generated results' accuracy.
A naive forecasting model for Coca-Cola European is a special case of the moving average forecasting where the number of periods used for smoothing is one. Therefore, the forecast of Coca-Cola European Partners value for a given trading day is simply the observed value for the previous period. Due to the simplistic nature of the naive forecasting model, it can only be used to forecast up to one period.

Coca-Cola European Naive Prediction Price Forecast For the 8th of December

Given 90 days horizon, the Naive Prediction forecasted value of Coca-Cola European Partners on the next trading day is expected to be 52.11 with a mean absolute deviation of 0.61, mean absolute percentage error of 0.57, and the sum of the absolute errors of 37.53.
Please note that although there have been many attempts to predict Coca-Cola Stock prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Coca-Cola European's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).

Coca-Cola European Stock Forecast Pattern

Backtest Coca-Cola EuropeanCoca-Cola European Price PredictionBuy or Sell Advice 

Coca-Cola European Forecasted Value

In the context of forecasting Coca-Cola European's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Coca-Cola European's downside and upside margins for the forecasting period are 50.35 and 53.87, respectively. We have considered Coca-Cola European's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Market Value 52.49
52.11
Expected Value
53.87
Upside

Model Predictive Factors

The below table displays some essential indicators generated by the model showing the Naive Prediction forecasting method's relative quality and the estimations of the prediction error of Coca-Cola European stock data series using in forecasting. Note that when a statistical model is used to represent Coca-Cola European stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.
AICAkaike Information Criteria119.3944
BiasArithmetic mean of the errors None
MADMean absolute deviation0.6053
MAPEMean absolute percentage error0.0131
SAESum of the absolute errors37.5273
This model is not at all useful as a medium-long range forecasting tool of Coca-Cola European Partners. This model is simplistic and is included partly for completeness and partly because of its simplicity. It is unlikely that you'll want to use this model directly to predict Coca-Cola European. Instead, consider using either the moving average model or the more general weighted moving average model with a higher (i.e., greater than 1) number of periods, and possibly a different set of weights.

Predictive Modules for Coca-Cola European

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Coca-Cola European. Regardless of method or technology, however, to accurately forecast the stock or bond market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Coca-Cola European'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. Please use the tools below to analyze the current value of Coca-Cola European in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
50.9452.6954.44
Details
Intrinsic
Valuation
LowReal ValueHigh
47.2464.0165.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
46.1450.6755.20
Details
8 Analysts
Consensus
LowTarget PriceHigh
60.0071.2880.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Coca-Cola European. Your research has to be compared to or analyzed against Coca-Cola European's peers to derive any actionable benefits. When done correctly, Coca-Cola European's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Coca-Cola European.

Other Forecasting Options for Coca-Cola European

For every potential investor in Coca-Cola, whether a beginner or expert, Coca-Cola European's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Coca-Cola Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Coca-Cola. Basic forecasting techniques help filter out the noise by identifying Coca-Cola European's price trends.

Coca-Cola European Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Coca-Cola European stock to make a market-neutral strategy. Peer analysis of Coca-Cola European could also be used in its relative valuation, which is a method of valuing Coca-Cola European by comparing valuation metrics with similar companies.
Exxon Mobil CorpFidelity MSCI EnergyBondbloxx ETF TrustMerck CompanyVANGUARD SMALL-CAP GROWTHAMN Healthcare ServicesTwist Bioscience CorpFreedom Holding CorpGlobal X NASDAQFRANKLIN MUTUAL EUROPEANBHP Group LimitedNatural Health TrendIShares MSCI USABetaPro Canadian GoldAramark Holdings
 Risk & Return  Correlation

Coca-Cola European Technical and Predictive Analytics

The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Coca-Cola European's price movements, , a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Coca-Cola European's current price.

Coca-Cola European Risk Indicators

The analysis of Coca-Cola European's basic risk indicators is one of the essential steps in helping accuretelly forecast its future price. The process involves identifying the amount of risk involved in Coca-Cola European's investment and either accepting that risk or mitigating it. Along with some funamental techniques of forecasting Coca-Cola European stock price, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential stock investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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 Coca-Cola European 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, Coca-Cola European's short interest history, or implied volatility extrapolated from Coca-Cola European options trading.

Pair Trading with Coca-Cola European

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 Coca-Cola European 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 Coca-Cola European will appreciate offsetting losses from the drop in the long position's value.

Moving together with Coca-Cola European

+0.66CPBCampbell Soup Earnings Call TodayPairCorr
+0.84FIZZNational Beverage Corp Earnings Call TodayPairCorr

Moving against Coca-Cola European

-0.7TLKTelkom Indonesia Tbk Downward RallyPairCorr
-0.52BGSBG Foods Sell-off TrendPairCorr
The ability to find closely correlated positions to Coca-Cola European could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Coca-Cola European 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 Coca-Cola European - 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 Coca-Cola European Partners to buy it.
The correlation of Coca-Cola European is a statistical measure of how it moves in relation to other equities. 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 Coca-Cola European moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Coca-Cola European 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 Coca-Cola European 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.
Pair CorrelationCorrelation Matching
Continue to Historical Fundamental Analysis of Coca-Cola European to cross-verify your projections. Note that the Coca-Cola European information on this page should be used as a complementary analysis to other Coca-Cola European'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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Coca-Cola European price analysis, check to measure Coca-Cola European'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 Coca-Cola European is operating at the current time. Most of Coca-Cola European's value examination focuses on studying past and present price action to predict the probability of Coca-Cola European's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Coca-Cola European's price. Additionally, you may evaluate how the addition of Coca-Cola European to your portfolios can decrease your overall portfolio volatility.
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Is Coca-Cola European's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Coca-Cola European. If investors know Coca-Cola will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Coca-Cola European listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.754
Market Capitalization
24.3 B
Quarterly Revenue Growth YOY
0.399
Return On Assets
0.0416
Return On Equity
0.1944
The market value of Coca-Cola European is measured differently than its book value, which is the value of Coca-Cola that is recorded on the company's balance sheet. Investors also form their own opinion of Coca-Cola European's value that differs from its market value or its book value, called intrinsic value, which is Coca-Cola European's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Coca-Cola European's market value can be influenced by many factors that don't directly affect Coca-Cola European's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Coca-Cola European's value and its price as these two are different measures arrived at by different means. Investors typically determine Coca-Cola European value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Coca-Cola European'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.