Brait SE (South Africa) Market Value

BAT Stock   200.00  9.00  4.31%   
Brait SE's market value is the price at which a share of Brait SE trades on a public exchange. It measures the collective expectations of Brait SE investors about its performance. Brait SE is trading at 200.00 as of the 22nd of December 2024, a 4.31 percent decrease since the beginning of the trading day. The stock's lowest day price was 200.0.
With this module, you can estimate the performance of a buy and hold strategy of Brait SE and determine expected loss or profit from investing in Brait SE over a given investment horizon. Check out Brait SE Correlation, Brait SE Volatility and Brait SE Alpha and Beta module to complement your research on Brait SE.
Symbol

Please note, there is a significant difference between Brait SE's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brait SE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brait SE'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.

Brait SE '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 Brait SE'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 Brait SE.
0.00
11/22/2024
No Change 0.00  0.0 
In 31 days
12/22/2024
0.00
If you would invest  0.00  in Brait SE on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Brait SE or generate 0.0% return on investment in Brait SE over 30 days. Brait SE is related to or competes with Remgro, Reinet Investments, African Rainbow, Zeder Investments, Sabvest Capital, and Universal Partners. More

Brait SE 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 Brait SE'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 Brait SE upside and downside potential and time the market with a certain degree of confidence.

Brait SE Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Brait SE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Brait SE's standard deviation. In reality, there are many statistical measures that can use Brait SE historical prices to predict the future Brait SE's volatility.
Hype
Prediction
LowEstimatedHigh
197.74200.00202.26
Details
Intrinsic
Valuation
LowRealHigh
181.74184.00220.00
Details
Naive
Forecast
LowNextHigh
199.15201.41203.67
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
199.81206.79213.76
Details

Brait SE Backtested Returns

Brait SE appears to be very steady, given 3 months investment horizon. Brait SE secures Sharpe Ratio (or Efficiency) of 0.29, which signifies that the company had a 0.29% return per unit of standard deviation over the last 3 months. By analyzing Brait SE's technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of Brait SE's mean deviation of 1.85, and Risk Adjusted Performance of 0.286 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Brait SE holds a performance score of 23. The firm shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Brait SE are expected to decrease at a much lower rate. During the bear market, Brait SE is likely to outperform the market. Please check Brait SE's mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to make a quick decision on whether Brait SE's price patterns will revert.

Auto-correlation

    
  -0.08  

Very weak reverse predictability

Brait SE has very weak reverse predictability. Overlapping area represents the amount of predictability between Brait SE time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd of December 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 Brait SE price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Brait SE price fluctuation can be explain by its past prices.
Correlation Coefficient-0.08
Spearman Rank Test-0.18
Residual Average0.0
Price Variance15.64

Brait SE lagged returns against current returns

Autocorrelation, which is Brait SE 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 Brait SE's stock expected returns. We can calculate the autocorrelation of Brait SE returns to help us make a trade decision. For example, suppose you find that Brait SE 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  

Brait SE 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 Brait SE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Brait SE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Brait SE stock over time.
   Current vs Lagged Prices   
       Timeline  

Brait SE Lagged Returns

When evaluating Brait SE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Brait SE stock have on its future price. Brait SE 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, Brait SE autocorrelation shows the relationship between Brait SE stock current value and its past values and can show if there is a momentum factor associated with investing in Brait SE.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Brait Stock

Brait SE financial ratios help investors to determine whether Brait Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Brait with respect to the benefits of owning Brait SE security.