British Amer (South Africa) Market Value
| BTI Stock | 67,643 563.00 0.84% |
| Symbol | British |
British 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 British 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 British Amer.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in British Amer on October 27, 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 Amer over 30 days. British Amer is related to or competes with Growthpoint Properties, Shoprite Holdings, and Dis Chem. More
British 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 British 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 British American Tobacco upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 5.77 | |||
| Value At Risk | (1.88) | |||
| Potential Upside | 1.63 |
British Amer Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for British Amer's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as British Amer's standard deviation. In reality, there are many statistical measures that can use British Amer historical prices to predict the future British Amer's volatility.| Risk Adjusted Performance | 0.0593 | |||
| Jensen Alpha | 0.0589 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.6039 |
British American Tobacco Backtested Returns
At this point, British Amer is very steady. British American Tobacco secures Sharpe Ratio (or Efficiency) of 0.0725, which signifies that the company had a 0.0725% return per unit of risk 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 Amer's Risk Adjusted Performance of 0.0593, downside deviation of 1.32, and Mean Deviation of 0.8416 to double-check if the risk estimate we provide is consistent with the expected return of 0.0844%. British Amer has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, British Amer's returns are expected to increase less than the market. However, during the bear market, the loss of holding British Amer is expected to be smaller as well. British American Tobacco right now shows a risk of 1.16%. Please confirm British American Tobacco sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to decide if British American Tobacco will be following its price patterns.
Auto-correlation | 0.77 |
Good predictability
British American Tobacco has good predictability. Overlapping area represents the amount of predictability between British Amer time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 0.77 indicates that around 77.0% of current British Amer price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 2 M |
British American Tobacco lagged returns against current returns
Autocorrelation, which is British 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 British Amer's stock expected returns. We can calculate the autocorrelation of British Amer returns to help us make a trade decision. For example, suppose you find that British 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 |
British 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 British Amer stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if British Amer stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in British Amer stock over time.
Current vs Lagged Prices |
| Timeline |
British Amer Lagged Returns
When evaluating British Amer's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of British Amer stock have on its future price. British 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, British Amer autocorrelation shows the relationship between British Amer 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 |
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.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 Amer'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 Amer Correlation, British Amer Volatility and British Amer Alpha and Beta module to complement your research on British Amer. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
British Amer 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.