British Amer (South Africa) Market Value

BTI Stock   66,354  479.00  0.72%   
British Amer's market value is the price at which a share of British Amer trades on a public exchange. It measures the collective expectations of British American Tobacco investors about its performance. British Amer is trading at 66354.00 as of the 22nd of November 2024, a 0.72 percent decrease since the beginning of the trading day. The stock's lowest day price was 66313.0.
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 Amer over a given investment horizon. Check out British Amer Correlation, British Amer Volatility and British Amer Alpha and Beta module to complement your research on British Amer.
Symbol

Please note, there is a significant difference between British Amer's value and its price as these two are different measures arrived at by different means. Investors typically determine if British Amer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, British Amer's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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.
0.00
10/23/2024
No Change 0.00  0.0 
In 31 days
11/22/2024
0.00
If you would invest  0.00  in British Amer on October 23, 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 Capitec Bank, HomeChoice Investments, Hosken Consolidated, Life Healthcare, CA Sales, Safari Investments, and Standard Bank. 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.

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.
Hype
Prediction
LowEstimatedHigh
66,35366,35466,355
Details
Intrinsic
Valuation
LowRealHigh
54,80354,80472,989
Details
Naive
Forecast
LowNextHigh
68,55168,55268,553
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
58,96363,03067,096
Details

British American Tobacco Backtested Returns

At this point, British Amer is very steady. British American Tobacco secures Sharpe Ratio (or Efficiency) of 0.0692, which signifies that the company had a 0.0692% 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 0.0562, downside deviation of 1.34, and Mean Deviation of 0.8403 to double-check if the risk estimate we provide is consistent with the expected return of 0.0798%. British Amer has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning British Amer are expected to decrease at a much lower rate. During the bear market, British Amer is likely to outperform the market. British American Tobacco right now shows a risk of 1.15%. 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

    
  0.40  

Average predictability

British American Tobacco has average predictability. Overlapping area represents the amount of predictability between British Amer time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 0.4 indicates that just about 40.0% of current British Amer price fluctuation can be explain by its past prices.
Correlation Coefficient0.4
Spearman Rank Test0.37
Residual Average0.0
Price Variance2.7 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.
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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.
A focus of British Amer technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of British Amer trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...