Britvic Plc (Germany) Market Value
| B6S Stock | EUR 15.30 0.10 0.66% |
| Symbol | Britvic |
Britvic Plc '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 Britvic Plc's 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 Britvic Plc.
| 12/13/2022 |
| 12/02/2024 |
If you would invest 0.00 in Britvic Plc on December 13, 2022 and sell it all today you would earn a total of 0.00 from holding Britvic plc or generate 0.0% return on investment in Britvic Plc over 720 days. Britvic Plc is related to or competes with MARKET VECTR, CECO ENVIRONMENTAL, United States, Fast Retailing, Caseys General, and Tianjin Capital. Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kin... More
Britvic Plc 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 Britvic Plc's 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 Britvic plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8494 | |||
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 1.99 | |||
| Value At Risk | (0.66) | |||
| Potential Upside | 0.6667 |
Britvic Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Britvic Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Britvic Plc's standard deviation. In reality, there are many statistical measures that can use Britvic Plc historical prices to predict the future Britvic Plc's volatility.| Risk Adjusted Performance | 0.0725 | |||
| Jensen Alpha | 0.021 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.3846 |
Britvic plc Backtested Returns
At this point, Britvic Plc is out of control. Britvic plc secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Britvic plc, which you can use to evaluate the volatility of the firm. Please confirm Britvic Plc's Downside Deviation of 0.8494, mean deviation of 0.2296, and Risk Adjusted Performance of 0.0725 to double-check if the risk estimate we provide is consistent with the expected return of 0.0415%. Britvic Plc has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0819, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Britvic Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Britvic Plc is expected to be smaller as well. Britvic plc right now shows a risk of 0.39%. Please confirm Britvic plc information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Britvic plc will be following its price patterns.
Auto-correlation | 0.33 |
Below average predictability
Britvic plc has below average predictability. Overlapping area represents the amount of predictability between Britvic Plc time series from 13th of December 2022 to 8th of December 2023 and 8th of December 2023 to 2nd 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 Britvic plc price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Britvic Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 6.11 |
Britvic plc lagged returns against current returns
Autocorrelation, which is Britvic Plc 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 Britvic Plc's stock expected returns. We can calculate the autocorrelation of Britvic Plc returns to help us make a trade decision. For example, suppose you find that Britvic Plc 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 |
Britvic Plc 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 Britvic Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Britvic Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Britvic Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Britvic Plc Lagged Returns
When evaluating Britvic Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Britvic Plc stock have on its future price. Britvic Plc 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, Britvic Plc autocorrelation shows the relationship between Britvic Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Britvic plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Britvic Stock
Britvic Plc financial ratios help investors to determine whether Britvic Stock 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 Britvic with respect to the benefits of owning Britvic Plc security.