Brait SE (South Africa) Market Value
| BAT Stock | 196.00 2.00 1.01% |
| Symbol | Brait |
Brait SE '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 Brait SE'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 Brait SE.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Brait SE on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Brait SE or generate 0.0% return on investment in Brait SE over 30 days. Brait SE is related to or competes with Allied Electronics, Bytes Technology, EMedia Holdings, Capitec Bank, Advtech, and Blue Label. More
Brait SE 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 Brait SE'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 Brait SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.75 | |||
| Information Ratio | 0.3018 | |||
| Maximum Drawdown | 21.61 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 6.54 |
Brait SE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Brait SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brait SE's standard deviation. In reality, there are many statistical measures that can use Brait SE historical prices to predict the future Brait SE's volatility.| Risk Adjusted Performance | 0.2696 | |||
| Jensen Alpha | 1.03 | |||
| Total Risk Alpha | 0.5961 | |||
| Sortino Ratio | 0.2648 | |||
| Treynor Ratio | 1.55 |
Brait SE Backtested Returns
Brait SE appears to be very steady, given 3 months investment horizon. Brait SE secures Sharpe Ratio (or Efficiency) of 0.32, which signifies that the company had a 0.32% return per unit of standard deviation over the last 3 months. By analyzing Brait SE's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please makes use of Brait SE's mean deviation of 2.39, and Risk Adjusted Performance of 0.2696 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Brait SE holds a performance score of 25. The firm shows a Beta (market volatility) of 0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Brait SE's returns are expected to increase less than the market. However, during the bear market, the loss of holding Brait SE is expected to be smaller as well. Please check Brait SE's mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to make a quick decision on whether Brait SE's price patterns will revert.
Auto-correlation | 0.39 |
Below average predictability
Brait SE has below average predictability. Overlapping area represents the amount of predictability between Brait SE time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 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 Brait SE price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Brait SE price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 70.07 |
Brait SE lagged returns against current returns
Autocorrelation, which is Brait SE 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 Brait SE's stock expected returns. We can calculate the autocorrelation of Brait SE returns to help us make a trade decision. For example, suppose you find that Brait SE 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 |
Brait SE 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 Brait SE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brait SE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brait SE stock over time.
Current vs Lagged Prices |
| Timeline |
Brait SE Lagged Returns
When evaluating Brait SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brait SE stock have on its future price. Brait SE 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, Brait SE autocorrelation shows the relationship between Brait SE stock current value and its past values and can show if there is a momentum factor associated with investing in Brait SE.
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.Other Information on Investing in Brait Stock
Brait SE financial ratios help investors to determine whether Brait 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 Brait with respect to the benefits of owning Brait SE security.