British American Pink Sheet Forecast - Daily Balance Of Power
| BTAFF Stock | USD 29.07 0.21 0.73% |
British Pink Sheet Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast British American stock prices and determine the direction of British American Tobacco's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of British American's historical fundamentals, such as revenue growth or operating cash flow patterns.
Check out Historical Fundamental Analysis of British American to cross-verify your projections. British |
Most investors in British American cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the British American's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets British American's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of British American Tobacco market sensitivity to bulls and bears. It estimates the ability of British American buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring British American Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| 0.5814 | 0.4884 |
| Check British American Volatility | Backtest British American | Information Ratio |
British American Trading Date Momentum
| On May 01 2024 British American Tobacco was traded for 29.07 at the closing time. The highest daily price throughout the period was 29.25 and the lowest price was 28.82 . There was no trading activity during the period 0.0. Lack of trading volume on 05/01/2024 did not affect price variability. The overall trading delta to current closing price is 0.86% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
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Other Forecasting Options for British American
For every potential investor in British, whether a beginner or expert, British American's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. British Pink Sheet price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in British. Basic forecasting techniques help filter out the noise by identifying British American's price trends.British American Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with British American pink sheet to make a market-neutral strategy. Peer analysis of British American could also be used in its relative valuation, which is a method of valuing British American by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
British American Tobacco Technical and Predictive Analytics
The pink sheet market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of British American's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of British American's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
British American Market Strength Events
Market strength indicators help investors to evaluate how British American pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading British American shares will generate the highest return on investment. By undertsting and applying British American pink sheet market strength indicators, traders can identify British American Tobacco entry and exit signals to maximize returns.
British American Risk Indicators
The analysis of British American's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in British American's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting british pink sheet prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 1.65 | |||
| Semi Deviation | 2.05 | |||
| Standard Deviation | 2.32 | |||
| Variance | 5.38 | |||
| Downside Variance | 4.51 | |||
| Semi Variance | 4.18 | |||
| Expected Short fall | (1.75) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Pair Trading with British American
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if British American position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in British American will appreciate offsetting losses from the drop in the long position's value.Moving together with British Pink Sheet
| 0.81 | BTI | British American Tobacco | PairCorr |
The ability to find closely correlated positions to British American 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 American 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 American - 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.
The correlation of British American is a statistical measure of how it moves in relation to other instruments. 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 American 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.
Correlation analysis and pair trading evaluation for British American can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Historical Fundamental Analysis of British American to cross-verify your projections. Note that the British American Tobacco information on this page should be used as a complementary analysis to other British American'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 the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for British Pink Sheet analysis
When running British American's price analysis, check to measure British American'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 American is operating at the current time. Most of British American's value examination focuses on studying past and present price action to predict the probability of British American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move British American's price. Additionally, you may evaluate how the addition of British American to your portfolios can decrease your overall portfolio volatility.
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