Philip Morris International Stock Market Value
| PM Stock | USD 133.06 1.24 0.94% |
| Symbol | Philip |
Philip Morris Intern Price To Book Ratio
Is Tobacco space 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 0.493 | Dividend Share 5.25 | Earnings Share 6.3 | Revenue Per Share 23.958 | Quarterly Revenue Growth 0.084 |
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.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Philip Morris on June 3, 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 180 days. Philip Morris is related to or competes with British Amer, Universal, Imperial Brands, Altria, Turning Point, Japan Tobacco, and Imperial Brands. 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 | 1.46 | |||
| Information Ratio | 0.0106 | |||
| Maximum Drawdown | 15.67 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.99 |
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 | 0.0736 | |||
| Jensen Alpha | 0.1979 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0127 | |||
| Treynor Ratio | (0.36) |
Philip Morris Intern Backtested Returns
As of now, Philip Stock is very steady. Philip Morris Intern maintains Sharpe Ratio (i.e., Efficiency) of 0.069, which implies the firm had a 0.069% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Philip Morris Intern, which you can use to evaluate the volatility of the company. Please check Philip Morris' Risk Adjusted Performance of 0.0736, semi deviation of 1.3, and Coefficient Of Variation of 1125.41 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Philip Morris has a performance score of 5 on a scale of 0 to 100. The company holds a Beta of -0.4, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Philip Morris are expected to decrease at a much lower rate. During the bear market, Philip Morris is likely to outperform the market. Philip Morris Intern right now holds a risk of 1.78%. 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 | 0.80 |
Very good predictability
Philip Morris International has very good predictability. Overlapping area represents the amount of predictability between Philip Morris time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th of November 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 0.8 indicates that around 80.0% of current Philip Morris price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 24.09 |
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 |
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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 |
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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.