Altria Group Stock Market Value
| MO Stock | USD 42.92 0.05 0.12% |
| Symbol | Altria |
Altria Group Price To Book Ratio
Is Altria'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 Altria. If investors know Altria 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 Altria 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 (0.23) | Dividend Share 3.84 | Earnings Share 4.57 | Revenue Per Share 11.537 | Quarterly Revenue Growth (0.01) |
The market value of Altria Group is measured differently than its book value, which is the value of Altria that is recorded on the company's balance sheet. Investors also form their own opinion of Altria's value that differs from its market value or its book value, called intrinsic value, which is Altria'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 Altria's market value can be influenced by many factors that don't directly affect Altria'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 Altria's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altria is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altria'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.
Altria '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 Altria'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 Altria.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Altria on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Altria Group or generate 0.0% return on investment in Altria over 30 days. Altria is related to or competes with British Amer, Universal, Vector, Imperial Brands, Turning Point, Japan Tobacco, and Imperial Brands. Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United S... More
Altria 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 Altria'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 Altria Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | 0.0296 | |||
| Maximum Drawdown | 8.36 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 2.15 |
Altria Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altria's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Altria's standard deviation. In reality, there are many statistical measures that can use Altria historical prices to predict the future Altria's volatility.| Risk Adjusted Performance | 0.0685 | |||
| Jensen Alpha | 0.044 | |||
| Total Risk Alpha | (0.06) | |||
| Sortino Ratio | 0.0298 | |||
| Treynor Ratio | 0.1318 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Altria'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.
Altria Group Backtested Returns
We consider Altria very steady. Altria Group secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Altria Group, which you can use to evaluate the volatility of the firm. Please confirm Altria's Downside Deviation of 1.32, mean deviation of 0.9091, and Risk Adjusted Performance of 0.0685 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Altria has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.95, which signifies possible diversification benefits within a given portfolio. Altria returns are very sensitive to returns on the market. As the market goes up or down, Altria is expected to follow. Altria Group right now shows a risk of 1.36%. Please confirm Altria Group potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Altria Group will be following its price patterns.
Auto-correlation | -0.57 |
Good reverse predictability
Altria Group has good reverse predictability. Overlapping area represents the amount of predictability between Altria time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Altria Group price movement. The serial correlation of -0.57 indicates that roughly 57.0% of current Altria price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.57 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.57 |
Altria Group lagged returns against current returns
Autocorrelation, which is Altria 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 Altria's stock expected returns. We can calculate the autocorrelation of Altria returns to help us make a trade decision. For example, suppose you find that Altria 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 |
Altria 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 Altria stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Altria stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Altria stock over time.
Current vs Lagged Prices |
| Timeline |
Altria Lagged Returns
When evaluating Altria's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Altria stock have on its future price. Altria 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, Altria autocorrelation shows the relationship between Altria stock current value and its past values and can show if there is a momentum factor associated with investing in Altria Group.
Regressed Prices |
| Timeline |
Altria Investors Sentiment
The influence of Altria's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Altria. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Altria's public news can be used to forecast risks associated with an investment in Altria. The trend in average sentiment can be used to explain how an investor holding Altria can time the market purely based on public headlines and social activities around Altria Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Altria's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Altria's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Altria's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Altria.
Altria Implied Volatility | 48.29 |
Altria's implied volatility exposes the market's sentiment of Altria Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Altria's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Altria stock will not fluctuate a lot when Altria's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Altria in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Altria's short interest history, or implied volatility extrapolated from Altria options trading.
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Try AI Portfolio ArchitectCheck out Altria Correlation, Altria Volatility and Altria Alpha and Beta module to complement your research on Altria. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
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When running Altria's price analysis, check to measure Altria'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 Altria is operating at the current time. Most of Altria's value examination focuses on studying past and present price action to predict the probability of Altria's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altria's price. Additionally, you may evaluate how the addition of Altria to your portfolios can decrease your overall portfolio volatility.
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