Philip Morris International Stock Market Value
| PM Stock | USD 94.06 0.29 0.31% |
| Symbol | Philip |
Philip Morris Intern Price To Book Ratio
Is Philip Morris' 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 Philip Morris. If investors know Philip 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 Philip Morris 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 (0.09) | Dividend Share 5.14 | Earnings Share 5.02 | Revenue Per Share 22.664 | Quarterly Revenue Growth 0.11 |
The market value of Philip Morris Intern is measured differently than its book value, which is the value of Philip that is recorded on the company's balance sheet. Investors also form their own opinion of Philip Morris' value that differs from its market value or its book value, called intrinsic value, which is Philip Morris' 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 Philip Morris' market value can be influenced by many factors that don't directly affect Philip Morris' 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 Philip Morris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Philip Morris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Philip Morris' 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.
Philip Morris '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 Philip Morris' 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 Philip Morris.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in Philip Morris on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding Philip Morris International or generate 0.0% return on investment in Philip Morris over 30 days. Philip Morris is related to or competes with Hempacco, Imperial Brands, Kaival Brands, Pyxus International, Greenlane Holdings, and RLX Technology. Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving port... More
Philip Morris 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 Philip Morris' 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 Philip Morris International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9638 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 5.34 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 1.87 |
Philip Morris Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Philip Morris' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Philip Morris' standard deviation. In reality, there are many statistical measures that can use Philip Morris historical prices to predict the future Philip Morris' volatility.| Risk Adjusted Performance | 0.0202 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0291 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Philip Morris' 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.
Philip Morris Intern Backtested Returns
We consider Philip Morris very steady. Philip Morris Intern maintains Sharpe Ratio (i.e., Efficiency) of 0.0818, which implies the firm had a 0.0818% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Philip Morris Intern, which you can use to evaluate the volatility of the company. Please check Philip Morris' Coefficient Of Variation of 3745.18, risk adjusted performance of 0.0202, and Semi Deviation of 0.934 to confirm if the risk estimate we provide is consistent with the expected return of 0.0827%. Philip Morris has a performance score of 6 on a scale of 0 to 100. The company holds a Beta of 0.58, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Philip Morris' returns are expected to increase less than the market. However, during the bear market, the loss of holding Philip Morris is expected to be smaller as well. Philip Morris Intern right now holds a risk of 1.01%. Please check Philip Morris Intern downside variance, and the relationship between the sortino ratio and accumulation distribution , to decide if Philip Morris Intern will be following its historical price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
Philip Morris International has very good reverse predictability. Overlapping area represents the amount of predictability between Philip Morris time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 Philip Morris Intern price movement. The serial correlation of -0.66 indicates that around 66.0% of current Philip Morris price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 2.02 |
Philip Morris Intern lagged returns against current returns
Autocorrelation, which is Philip Morris 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 Philip Morris' stock expected returns. We can calculate the autocorrelation of Philip Morris returns to help us make a trade decision. For example, suppose you find that Philip Morris 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 |
Philip Morris 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 Philip Morris stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Philip Morris stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Philip Morris stock over time.
Current vs Lagged Prices |
| Timeline |
Philip Morris Lagged Returns
When evaluating Philip Morris' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Philip Morris stock have on its future price. Philip Morris 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, Philip Morris autocorrelation shows the relationship between Philip Morris stock current value and its past values and can show if there is a momentum factor associated with investing in Philip Morris International.
Regressed Prices |
| Timeline |
Philip Morris Investors Sentiment
The influence of Philip Morris' 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 Philip. 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 Philip Morris' public news can be used to forecast risks associated with an investment in Philip. The trend in average sentiment can be used to explain how an investor holding Philip can time the market purely based on public headlines and social activities around Philip Morris International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Philip Morris' 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 Philip Morris' 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 Philip Morris' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Philip Morris.
Philip Morris Implied Volatility | 38.89 |
Philip Morris' implied volatility exposes the market's sentiment of Philip Morris International stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Philip Morris' 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 Philip Morris stock will not fluctuate a lot when Philip Morris' 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 Philip Morris 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, Philip Morris' short interest history, or implied volatility extrapolated from Philip Morris options trading.
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Check out Philip Morris Correlation, Philip Morris Volatility and Philip Morris Alpha and Beta module to complement your research on Philip Morris. You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Complementary Tools for Philip Stock analysis
When running Philip Morris' price analysis, check to measure Philip Morris' 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 Philip Morris is operating at the current time. Most of Philip Morris' value examination focuses on studying past and present price action to predict the probability of Philip Morris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Philip Morris' price. Additionally, you may evaluate how the addition of Philip Morris to your portfolios can decrease your overall portfolio volatility.
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Philip Morris 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.