BT Group (UK) Market Value
| BT-A Stock | 151.25 3.55 2.40% |
| Symbol | BT-A |
BT Group '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 BT Group'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 BT Group.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in BT Group on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding BT Group Plc or generate 0.0% return on investment in BT Group over 30 days. BT Group is related to or competes with Scandic Hotels, Futura Medical, Solstad Offshore, Prosiebensat, Grand Vision, Zinc Media, and Advanced Medical. More
BT Group 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 BT Group'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 BT Group Plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.59 | |||
| Information Ratio | 0.0205 | |||
| Maximum Drawdown | 7.29 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 2.4 |
BT Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for BT Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as BT Group's standard deviation. In reality, there are many statistical measures that can use BT Group historical prices to predict the future BT Group's volatility.| Risk Adjusted Performance | 0.0895 | |||
| Jensen Alpha | 0.2141 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0187 | |||
| Treynor Ratio | (0.29) |
BT Group Plc Backtested Returns
Currently, BT Group Plc is very steady. BT Group Plc retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the company had a 0.11% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for BT Group, which you can use to evaluate the volatility of the firm. Please confirm BT Group's Coefficient Of Variation of 904.44, market risk adjusted performance of (0.28), and Standard Deviation of 1.45 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. BT Group has a performance score of 8 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning BT Group are expected to decrease at a much lower rate. During the bear market, BT Group is likely to outperform the market. BT Group Plc today owns a risk of 1.45%. Please confirm BT Group Plc market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if BT Group Plc will be following its current price history.
Auto-correlation | 0.05 |
Virtually no predictability
BT Group Plc has virtually no predictability. Overlapping area represents the amount of predictability between BT Group time series from 25th of October 2024 to 9th of November 2024 and 9th of November 2024 to 24th 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 BT Group Plc price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current BT Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 27.79 |
BT Group Plc lagged returns against current returns
Autocorrelation, which is BT Group 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 BT Group's stock expected returns. We can calculate the autocorrelation of BT Group returns to help us make a trade decision. For example, suppose you find that BT Group 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 |
BT Group 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 BT Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if BT Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in BT Group stock over time.
Current vs Lagged Prices |
| Timeline |
BT Group Lagged Returns
When evaluating BT Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of BT Group stock have on its future price. BT Group 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, BT Group autocorrelation shows the relationship between BT Group stock current value and its past values and can show if there is a momentum factor associated with investing in BT Group Plc.
Regressed Prices |
| Timeline |
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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 BT-A Stock Analysis
When running BT Group's price analysis, check to measure BT Group'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 BT Group is operating at the current time. Most of BT Group's value examination focuses on studying past and present price action to predict the probability of BT Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BT Group's price. Additionally, you may evaluate how the addition of BT Group to your portfolios can decrease your overall portfolio volatility.