Galadari Hotels (Sri Lanka) Market Value
| GHLLN0000 | LKR 18.10 0.20 1.12% |
| Symbol | Galadari |
Please note, there is a significant difference between Galadari Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Galadari Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Galadari Hotels' 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.
Galadari Hotels '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 Galadari Hotels' 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 Galadari Hotels.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Galadari Hotels on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Galadari Hotels Lanka or generate 0.0% return on investment in Galadari Hotels over 30 days. More
Galadari Hotels 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 Galadari Hotels' 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 Galadari Hotels Lanka upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.81 | |||
| Information Ratio | 0.1217 | |||
| Maximum Drawdown | 12.57 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 4.46 |
Galadari Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Galadari Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Galadari Hotels' standard deviation. In reality, there are many statistical measures that can use Galadari Hotels historical prices to predict the future Galadari Hotels' volatility.| Risk Adjusted Performance | 0.1318 | |||
| Jensen Alpha | 0.3994 | |||
| Total Risk Alpha | 0.061 | |||
| Sortino Ratio | 0.1492 | |||
| Treynor Ratio | (1.35) |
Galadari Hotels Lanka Backtested Returns
Galadari Hotels appears to be not too volatile, given 3 months investment horizon. Galadari Hotels Lanka holds Efficiency (Sharpe) Ratio of 0.16, which attests that the entity had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Galadari Hotels Lanka, which you can use to evaluate the volatility of the firm. Please utilize Galadari Hotels' Downside Deviation of 1.81, market risk adjusted performance of (1.34), and Risk Adjusted Performance of 0.1318 to validate if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Galadari Hotels holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.27, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Galadari Hotels are expected to decrease at a much lower rate. During the bear market, Galadari Hotels is likely to outperform the market. Please check Galadari Hotels' downside variance, and the relationship between the sortino ratio and accumulation distribution , to make a quick decision on whether Galadari Hotels' current trending patterns will revert.
Auto-correlation | 0.11 |
Insignificant predictability
Galadari Hotels Lanka has insignificant predictability. Overlapping area represents the amount of predictability between Galadari Hotels time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th 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 Galadari Hotels Lanka price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Galadari Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Galadari Hotels Lanka lagged returns against current returns
Autocorrelation, which is Galadari Hotels 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 Galadari Hotels' stock expected returns. We can calculate the autocorrelation of Galadari Hotels returns to help us make a trade decision. For example, suppose you find that Galadari Hotels 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 |
Galadari Hotels 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 Galadari Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Galadari Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Galadari Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Galadari Hotels Lagged Returns
When evaluating Galadari Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Galadari Hotels stock have on its future price. Galadari Hotels 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, Galadari Hotels autocorrelation shows the relationship between Galadari Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Galadari Hotels Lanka.
Regressed Prices |
| Timeline |
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Galadari Hotels financial ratios help investors to determine whether Galadari 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 Galadari with respect to the benefits of owning Galadari Hotels security.