BRIT AMER (Germany) Market Value
| BMT Stock | 35.73 0.60 1.71% |
| Symbol | BRIT |
BRIT AMER '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 BRIT AMER'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 BRIT AMER.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in BRIT AMER on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding BRIT AMER TOBACCO or generate 0.0% return on investment in BRIT AMER over 30 days. BRIT AMER is related to or competes with SCANSOURCE (SC3SG), SIMS METAL, LION ONE, BLUESCOPE STEEL, BlueScope Steel, and Perma-Fix Environmental. More
BRIT AMER 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 BRIT AMER'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 BRIT AMER TOBACCO upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.0358 | |||
| Maximum Drawdown | 6.32 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.41 |
BRIT AMER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BRIT AMER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BRIT AMER's standard deviation. In reality, there are many statistical measures that can use BRIT AMER historical prices to predict the future BRIT AMER's volatility.| Risk Adjusted Performance | 0.0955 | |||
| Jensen Alpha | 0.1615 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0331 | |||
| Treynor Ratio | (0.95) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of BRIT AMER'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.
BRIT AMER TOBACCO Backtested Returns
Currently, BRIT AMER TOBACCO is very steady. BRIT AMER TOBACCO secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of return volatility over the last 3 months. We have found thirty technical indicators for BRIT AMER TOBACCO, which you can use to evaluate the volatility of the firm. Please confirm BRIT AMER's Mean Deviation of 0.9426, risk adjusted performance of 0.0955, and Semi Deviation of 1.25 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. BRIT AMER has a performance score of 9 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 BRIT AMER are expected to decrease at a much lower rate. During the bear market, BRIT AMER is likely to outperform the market. BRIT AMER TOBACCO now shows a risk of 1.32%. Please confirm BRIT AMER TOBACCO semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to decide if BRIT AMER TOBACCO will be following its price patterns.
Auto-correlation | 0.60 |
Good predictability
BRIT AMER TOBACCO has good predictability. Overlapping area represents the amount of predictability between BRIT AMER time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 BRIT AMER TOBACCO price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current BRIT AMER price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
BRIT AMER TOBACCO lagged returns against current returns
Autocorrelation, which is BRIT AMER 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 BRIT AMER's stock expected returns. We can calculate the autocorrelation of BRIT AMER returns to help us make a trade decision. For example, suppose you find that BRIT AMER 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 |
BRIT AMER 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 BRIT AMER stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BRIT AMER stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BRIT AMER stock over time.
Current vs Lagged Prices |
| Timeline |
BRIT AMER Lagged Returns
When evaluating BRIT AMER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BRIT AMER stock have on its future price. BRIT AMER 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, BRIT AMER autocorrelation shows the relationship between BRIT AMER stock current value and its past values and can show if there is a momentum factor associated with investing in BRIT AMER TOBACCO.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for BRIT Stock Analysis
When running BRIT AMER's price analysis, check to measure BRIT AMER'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 BRIT AMER is operating at the current time. Most of BRIT AMER's value examination focuses on studying past and present price action to predict the probability of BRIT AMER's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRIT AMER's price. Additionally, you may evaluate how the addition of BRIT AMER to your portfolios can decrease your overall portfolio volatility.