British American (Germany) Market Value
| BMT Stock | 36.36 0.40 1.11% |
| Symbol | British |
British American '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 British American'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 British American.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in British American on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding British American Tobacco or generate 0.0% return on investment in British American over 720 days. British American is related to or competes with Consolidated Communications, Align Technology, SMA Solar, and INTERSHOP Communications. More
British American 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 British American'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 British American Tobacco upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.41 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.6 |
British American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for British American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as British American's standard deviation. In reality, there are many statistical measures that can use British American historical prices to predict the future British American's volatility.| Risk Adjusted Performance | 0.0569 | |||
| Jensen Alpha | 0.0822 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.43) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of British American'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.
British American Tobacco Backtested Returns
Currently, British American Tobacco is very steady. British American Tobacco secures Sharpe Ratio (or Efficiency) of 0.0816, which signifies that the company had a 0.0816% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for British American Tobacco, which you can use to evaluate the volatility of the firm. Please confirm British American's Downside Deviation of 1.15, mean deviation of 0.7387, and Risk Adjusted Performance of 0.0569 to double-check if the risk estimate we provide is consistent with the expected return of 0.0821%. British American has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning British American are expected to decrease at a much lower rate. During the bear market, British American is likely to outperform the market. British American Tobacco right now shows a risk of 1.01%. Please confirm British American Tobacco jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if British American Tobacco will be following its price patterns.
Auto-correlation | -0.71 |
Almost perfect reverse predictability
British American Tobacco has almost perfect reverse predictability. Overlapping area represents the amount of predictability between British American time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 British American Tobacco price movement. The serial correlation of -0.71 indicates that around 71.0% of current British American price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.71 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 11.25 |
British American Tobacco lagged returns against current returns
Autocorrelation, which is British American 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 British American's stock expected returns. We can calculate the autocorrelation of British American returns to help us make a trade decision. For example, suppose you find that British American 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 |
British American 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 British American stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if British American stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in British American stock over time.
Current vs Lagged Prices |
| Timeline |
British American Lagged Returns
When evaluating British American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of British American stock have on its future price. British American 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, British American autocorrelation shows the relationship between British American stock current value and its past values and can show if there is a momentum factor associated with investing in British American Tobacco.
Regressed Prices |
| Timeline |
Also Currently Popular
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 British Stock Analysis
When running British American's price analysis, check to measure British American'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 British American is operating at the current time. Most of British American's value examination focuses on studying past and present price action to predict the probability of British American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move British American's price. Additionally, you may evaluate how the addition of British American to your portfolios can decrease your overall portfolio volatility.