British Amer Correlations

BTI
 Stock
  

USD 43.95  1.42  3.34%   

The correlation of British Amer is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as British Amer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if British American Tobacco moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
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The ability to find closely correlated positions to British Amer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace British Amer when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back British Amer - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling British American Tobacco to buy it.

Related Correlations

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Correlation Matchups

The Correlation Coefficient is a useful tool to identify correlated or non-correlated securities, which is essential in developing a diversified portfolio. It tells us the relationship between two positions you have in your portfolio or considering acquiring. Over a given time period, the two securities movetogether when the Correlation Coefficient is positive. Conversely, the two assets move in opposite directions when the Correlation Coefficient is negative. Determining your positions' relationship to each other is valuable for analyzing and projecting your portfolio's future expected return and risk.
High positive correlations   
BACSCO
TPM
WMTCSCO
HDHPQ
HDCSCO
BAWMT
  
High negative correlations   
TCSCO
BAT
WMTREMRF
CSCOREMRF
BAPM
TWMT

British Amer Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between British Amer stock performing well and British Amer company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze British Amer's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
PM 1.22  0.24  0.19  0.41  1.52  0.20 (1.33)  3.02 (2.35)  10.14 
REMRF 5.55  1.14  0.18  0.61  4.94  0.13 (7.96)  13.64 (7.83)  49.47 
PFE 1.47  0.08  0.00 (0.03)  0.00  0.07  0.00  3.17 (3.16)  8.45 
CSCO 1.62 (0.18)  0.00 (0.32)  0.00 (0.08)  0.00  2.73 (3.26)  17.06 
WMT 1.39 (0.12)  0.00 (0.37)  0.00 (0.0269)  0.00  2.43 (2.47)  13.98 
HPQ 2.53  0.16  0.00 (0.05)  0.00  0.0243  0.00  4.02 (4.48)  21.74 
T 1.28  0.40  0.27  0.47  1.37  0.25 (1.46)  2.99 (2.47)  12.23 
BA 2.62 (0.14)  0.00 (0.24)  0.00 (0.07)  0.00  5.64 (5.07)  16.31 
HD 1.73 (0.04)  0.00 (0.19)  0.00 (0.0277)  0.00  2.92 (3.64)  8.63 

Be your own money manager

Our tools can tell you how much better you can do entering a position in British Amer without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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British Amer Corporate Directors

British Amer corporate directors refer to members of a British Amer board of directors. The board of directors generally takes responsibility for the British Amer's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of British Amer's board members must vote for the resolution. The British Amer board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
David OReilly - Director - Research and ScienceProfile
Dimitri Panayotopoulos - Senior Non-Executive Independent DirectorProfile
Jack Bowles - Regional Director of Asia Pacific and Member of the Management BoardProfile
Susan Farr - Non-Executive Independent DirectorProfile

Investing British American Tobacco

You need to understand the risk of investing before taking a position in British Amer. The danger of trading British American Tobacco is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of British Amer is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than British Amer. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile British American Tobacco is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Continue to Trending Equities. Note that the British American Tobacco information on this page should be used as a complementary analysis to other British Amer's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for British Stock analysis

When running British American Tobacco price analysis, check to measure British Amer'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 British Amer is operating at the current time. Most of British Amer's value examination focuses on studying past and present price action to predict the probability of British Amer's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move British Amer's price. Additionally, you may evaluate how the addition of British Amer to your portfolios can decrease your overall portfolio volatility.
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Is British Amer's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of British Amer. If investors know British will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about British Amer listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.2
Market Capitalization
99.4 B
Return On Assets
0.05
Return On Equity
0.11
The market value of British American Tobacco is measured differently than its book value, which is the value of British that is recorded on the company's balance sheet. Investors also form their own opinion of British Amer's value that differs from its market value or its book value, called intrinsic value, which is British Amer's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because British Amer's market value can be influenced by many factors that don't directly affect British Amer's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 British Amer value 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.