Britvic Plc Adr Stock Market Value
| BTVCY Stock | USD 32.36 0.00 0.00% |
| Symbol | Britvic |
Britvic PLC '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 Britvic PLC's otc 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 Britvic PLC.
| 08/05/2023 |
| 11/27/2024 |
If you would invest 0.00 in Britvic PLC on August 5, 2023 and sell it all today you would earn a total of 0.00 from holding Britvic PLC ADR or generate 0.0% return on investment in Britvic PLC over 480 days. Britvic PLC is related to or competes with Barfresh Food, Zevia Pbc, Hill Street, Vita Coco, and National Beverage. Britvic plc, together with its subsidiaries, manufactures, markets, distributes, and sells soft drinks in the United Kin... More
Britvic PLC 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 Britvic PLC's otc 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 Britvic PLC ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 4.94 | |||
| Value At Risk | (0.89) | |||
| Potential Upside | 0.7874 |
Britvic PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Britvic PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Britvic PLC's standard deviation. In reality, there are many statistical measures that can use Britvic PLC historical prices to predict the future Britvic PLC's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 0.8971 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Britvic PLC'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.
Britvic PLC ADR Backtested Returns
Britvic PLC ADR secures Sharpe Ratio (or Efficiency) of -0.0895, which signifies that the company had a -0.0895% return per unit of risk over the last 3 months. Britvic PLC ADR exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Britvic PLC's Standard Deviation of 0.6004, mean deviation of 0.2404, and Risk Adjusted Performance of (0.02) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0263, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Britvic PLC are expected to decrease at a much lower rate. During the bear market, Britvic PLC is likely to outperform the market. At this point, Britvic PLC ADR has a negative expected return of -0.0484%. Please make sure to confirm Britvic PLC's coefficient of variation, value at risk, as well as the relationship between the Value At Risk and day typical price , to decide if Britvic PLC ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Britvic PLC ADR has below average predictability. Overlapping area represents the amount of predictability between Britvic PLC time series from 5th of August 2023 to 1st of April 2024 and 1st of April 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 Britvic PLC ADR price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Britvic PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 19.13 |
Britvic PLC ADR lagged returns against current returns
Autocorrelation, which is Britvic PLC otc 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 Britvic PLC's otc stock expected returns. We can calculate the autocorrelation of Britvic PLC returns to help us make a trade decision. For example, suppose you find that Britvic PLC has exhibited high autocorrelation historically, and you observe that the otc 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 |
Britvic PLC 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 Britvic PLC otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Britvic PLC otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Britvic PLC otc stock over time.
Current vs Lagged Prices |
| Timeline |
Britvic PLC Lagged Returns
When evaluating Britvic PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Britvic PLC otc stock have on its future price. Britvic PLC 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, Britvic PLC autocorrelation shows the relationship between Britvic PLC otc stock current value and its past values and can show if there is a momentum factor associated with investing in Britvic PLC ADR.
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 Britvic OTC Stock Analysis
When running Britvic PLC's price analysis, check to measure Britvic PLC'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 Britvic PLC is operating at the current time. Most of Britvic PLC's value examination focuses on studying past and present price action to predict the probability of Britvic PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Britvic PLC's price. Additionally, you may evaluate how the addition of Britvic PLC to your portfolios can decrease your overall portfolio volatility.