British American (Germany) Market Value
| BMTA Stock | EUR 35.70 0.30 0.85% |
| 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.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in British American on October 28, 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 30 days. British American is related to or competes with Boston Beer, Mitsui Chemicals, National Beverage, ScanSource, GEAR4MUSIC, Siamgas, and United Breweries. British American Tobacco p.l.c. provides cigarettes and other tobacco products worldwide 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 | 1.17 | |||
| Information Ratio | 0.028 | |||
| Maximum Drawdown | 6.06 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 2.15 |
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 | 0.1027 | |||
| Jensen Alpha | 0.1007 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0307 | |||
| Treynor Ratio | 0.3379 |
British American Tobacco Backtested Returns
At this point, British American is very steady. British American Tobacco secures Sharpe Ratio (or Efficiency) of 0.0994, which signifies that the company had a 0.0994% 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 1.17, risk adjusted performance of 0.1027, and Mean Deviation of 0.9555 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. British American has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. 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 right now shows a risk of 1.28%. Please confirm British American Tobacco information ratio, 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 | 0.61 |
Good predictability
British American Tobacco has good predictability. Overlapping area represents the amount of predictability between British American time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 0.61 indicates that roughly 61.0% of current British American price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 1.05 |
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 |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in British Stock
When determining whether British American Tobacco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of British American's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of British American Tobacco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on British American Tobacco Stock:Check out British American Correlation, British American Volatility and British American Alpha and Beta module to complement your research on British American. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
British American technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.