Altria Group Stock Market Value

MO Stock  USD 43.66  0.54  1.25%   
Altria's market value is the price at which a share of Altria trades on a public exchange. It measures the collective expectations of Altria Group investors about its performance. Altria is selling at 43.66 as of the 28th of March 2024; that is 1.25 percent increase since the beginning of the trading day. The stock's open price was 43.12.
With this module, you can estimate the performance of a buy and hold strategy of Altria Group and determine expected loss or profit from investing in Altria over a given investment horizon. Check out Altria Correlation, Altria Volatility and Altria Alpha and Beta module to complement your research on Altria.
Symbol

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.
0.00
04/08/2022
No Change 0.00  0.0 
In 1 year 11 months and 21 days
03/28/2024
0.00
If you would invest  0.00  in Altria on April 8, 2022 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 720 days. Altria is related to or competes with Kellanova, Bunge, Mondelez International, Lamb Weston, Tootsie Roll, Dole PLC, and Everest Consolidator. 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.

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.
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.
Hype
Prediction
LowEstimatedHigh
42.1943.5744.95
Details
Intrinsic
Valuation
LowRealHigh
43.0444.4145.80
Details
Naive
Forecast
LowNextHigh
42.0743.4544.83
Details
15 Analysts
Consensus
LowTargetHigh
41.9246.0751.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Altria. Your research has to be compared to or analyzed against Altria's peers to derive any actionable benefits. When done correctly, Altria's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Altria Group.

Altria Group Backtested Returns

We consider Altria very steady. Altria Group secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% 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 Risk Adjusted Performance of 0.0736, mean deviation of 0.8809, and Downside Deviation of 1.26 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. Altria has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.8, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Altria's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altria is expected to be smaller as well. Altria Group right now shows a risk of 1.39%. 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

    
  0.05  

Virtually no predictability

Altria Group has virtually no predictability. Overlapping area represents the amount of predictability between Altria time series from 8th of April 2022 to 3rd of April 2023 and 3rd of April 2023 to 28th of March 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 0.05 indicates that only as little as 5.0% of current Altria price fluctuation can be explain by its past prices.
Correlation Coefficient0.05
Spearman Rank Test-0.21
Residual Average0.0
Price Variance1.84

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  

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When determining whether Altria Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Altria's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Altria Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Altria Group Stock:
Check out Altria Correlation, Altria Volatility and Altria Alpha and Beta module to complement your research on Altria.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

Complementary Tools for Altria Stock analysis

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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Altria 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.
A focus of Altria technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Altria trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...