BRITISH AMERICAN's market value is the price at which a share of BRITISH AMERICAN trades on a public exchange. It measures the collective expectations of BRITISH AMERICAN TOBACCO investors about its performance. BRITISH AMERICAN is selling at 351.00 as of the 25th of November 2024; that is 0.14 percent increase since the beginning of the trading day. The stock's open price was 350.5. With this module, you can estimate the performance of a buy and hold strategy of BRITISH AMERICAN TOBACCO and determine expected loss or profit from investing in BRITISH AMERICAN over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
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.
0.00
02/29/2024
No Change 0.00
0.0
In 8 months and 28 days
11/25/2024
0.00
If you would invest 0.00 in BRITISH AMERICAN on February 29, 2024 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 270 days.
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.
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.
As of now, BRITISH Stock is very steady. BRITISH AMERICAN TOBACCO secures Sharpe Ratio (or Efficiency) of 0.0413, which signifies that the company had a 0.0413% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for BRITISH AMERICAN TOBACCO, which you can use to evaluate the volatility of the firm. Please confirm BRITISH AMERICAN's Risk Adjusted Performance of 0.0178, mean deviation of 0.6055, and Semi Deviation of 0.7995 to double-check if the risk estimate we provide is consistent with the expected return of 0.0363%. BRITISH AMERICAN has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, BRITISH AMERICAN's returns are expected to increase less than the market. However, during the bear market, the loss of holding BRITISH AMERICAN is expected to be smaller as well. BRITISH AMERICAN TOBACCO now shows a risk of 0.88%. Please confirm BRITISH AMERICAN TOBACCO standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if BRITISH AMERICAN TOBACCO will be following its price patterns.
Auto-correlation
-0.09
Very weak reverse predictability
BRITISH AMERICAN TOBACCO has very weak reverse predictability. Overlapping area represents the amount of predictability between BRITISH AMERICAN time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 BRITISH AMERICAN TOBACCO price movement. The serial correlation of -0.09 indicates that less than 9.0% of current BRITISH AMERICAN price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.09
Spearman Rank Test
-0.07
Residual Average
0.0
Price Variance
30.13
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.