Imperial Brands Plc Stock Market Value
| IMBBY Stock | USD 32.65 0.03 0.09% |
| Symbol | Imperial |
Imperial Brands '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 Imperial Brands' otc 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 Imperial Brands.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Imperial Brands on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Imperial Brands PLC or generate 0.0% return on investment in Imperial Brands over 30 days. Imperial Brands is related to or competes with Japan Tobacco, British American, Turning Point, Universal, Japan Tobacco, Philip Morris, and Altria. Imperial Brands PLC, together with its subsidiaries, manufactures, imports, markets, and sells tobacco and tobacco-relat... More
Imperial Brands 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 Imperial Brands' otc 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 Imperial Brands PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9937 | |||
| Information Ratio | 0.093 | |||
| Maximum Drawdown | 7.87 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 2.49 |
Imperial Brands Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Imperial Brands' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Imperial Brands' standard deviation. In reality, there are many statistical measures that can use Imperial Brands historical prices to predict the future Imperial Brands' volatility.| Risk Adjusted Performance | 0.1609 | |||
| Jensen Alpha | 0.2145 | |||
| Total Risk Alpha | 0.0372 | |||
| Sortino Ratio | 0.1144 | |||
| Treynor Ratio | 1.15 |
Imperial Brands PLC Backtested Returns
Imperial Brands appears to be very steady, given 3 months investment horizon. Imperial Brands PLC holds Efficiency (Sharpe) Ratio of 0.2, which attests that the entity had a 0.2% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Imperial Brands PLC, which you can use to evaluate the volatility of the firm. Please utilize Imperial Brands' Market Risk Adjusted Performance of 1.16, downside deviation of 0.9937, and Risk Adjusted Performance of 0.1609 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Imperial Brands holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Imperial Brands' returns are expected to increase less than the market. However, during the bear market, the loss of holding Imperial Brands is expected to be smaller as well. Please check Imperial Brands' expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Imperial Brands' current trending patterns will revert.
Auto-correlation | -0.79 |
Almost perfect reverse predictability
Imperial Brands PLC has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Imperial Brands time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 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 Imperial Brands PLC price movement. The serial correlation of -0.79 indicates that around 79.0% of current Imperial Brands price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.79 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.7 |
Imperial Brands PLC lagged returns against current returns
Autocorrelation, which is Imperial Brands otc 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 Imperial Brands' otc stock expected returns. We can calculate the autocorrelation of Imperial Brands returns to help us make a trade decision. For example, suppose you find that Imperial Brands has exhibited high autocorrelation historically, and you observe that the otc 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 |
Imperial Brands 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 Imperial Brands otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Imperial Brands otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Imperial Brands otc stock over time.
Current vs Lagged Prices |
| Timeline |
Imperial Brands Lagged Returns
When evaluating Imperial Brands' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Imperial Brands otc stock have on its future price. Imperial Brands 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, Imperial Brands autocorrelation shows the relationship between Imperial Brands otc stock current value and its past values and can show if there is a momentum factor associated with investing in Imperial Brands PLC.
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 Imperial OTC Stock Analysis
When running Imperial Brands' price analysis, check to measure Imperial Brands' 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 Imperial Brands is operating at the current time. Most of Imperial Brands' value examination focuses on studying past and present price action to predict the probability of Imperial Brands' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Imperial Brands' price. Additionally, you may evaluate how the addition of Imperial Brands to your portfolios can decrease your overall portfolio volatility.