Lanka Credit (Sri Lanka) Market Value
| LCBFN0000 | 2.20 0.10 4.35% |
| Symbol | Lanka |
Please note, there is a significant difference between Lanka Credit's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lanka Credit is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lanka Credit'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.
Lanka Credit '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 Lanka Credit'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 Lanka Credit.
| 12/15/2022 |
| 12/04/2024 |
If you would invest 0.00 in Lanka Credit on December 15, 2022 and sell it all today you would earn a total of 0.00 from holding Lanka Credit and or generate 0.0% return on investment in Lanka Credit over 720 days. More
Lanka Credit 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 Lanka Credit'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 Lanka Credit and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.05 | |||
| Information Ratio | 0.0056 | |||
| Maximum Drawdown | 14.07 | |||
| Value At Risk | (4.76) | |||
| Potential Upside | 5.0 |
Lanka Credit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lanka Credit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lanka Credit's standard deviation. In reality, there are many statistical measures that can use Lanka Credit historical prices to predict the future Lanka Credit's volatility.| Risk Adjusted Performance | 0.0363 | |||
| Jensen Alpha | 0.0329 | |||
| Total Risk Alpha | (0.36) | |||
| Sortino Ratio | 0.004 | |||
| Treynor Ratio | 0.141 |
Lanka Credit Backtested Returns
Lanka Credit appears to be very risky, given 3 months investment horizon. Lanka Credit has Sharpe Ratio of 0.0614, which conveys that the firm had a 0.0614% return per unit of risk over the last 3 months. We have found thirty technical indicators for Lanka Credit, which you can use to evaluate the volatility of the firm. Please exercise Lanka Credit's Mean Deviation of 2.51, downside deviation of 5.05, and Risk Adjusted Performance of 0.0363 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lanka Credit holds a performance score of 4. The company secures a Beta (Market Risk) of 0.87, which conveys possible diversification benefits within a given portfolio. Lanka Credit returns are very sensitive to returns on the market. As the market goes up or down, Lanka Credit is expected to follow. Please check Lanka Credit's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Lanka Credit's current price movements will revert.
Auto-correlation | -0.29 |
Weak reverse predictability
Lanka Credit and has weak reverse predictability. Overlapping area represents the amount of predictability between Lanka Credit time series from 15th of December 2022 to 10th of December 2023 and 10th of December 2023 to 4th 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 Lanka Credit price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Lanka Credit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Lanka Credit lagged returns against current returns
Autocorrelation, which is Lanka Credit 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 Lanka Credit's stock expected returns. We can calculate the autocorrelation of Lanka Credit returns to help us make a trade decision. For example, suppose you find that Lanka Credit 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 |
Lanka Credit 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 Lanka Credit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lanka Credit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lanka Credit stock over time.
Current vs Lagged Prices |
| Timeline |
Lanka Credit Lagged Returns
When evaluating Lanka Credit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lanka Credit stock have on its future price. Lanka Credit 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, Lanka Credit autocorrelation shows the relationship between Lanka Credit stock current value and its past values and can show if there is a momentum factor associated with investing in Lanka Credit and.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Lanka Stock
Lanka Credit financial ratios help investors to determine whether Lanka 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 Lanka with respect to the benefits of owning Lanka Credit security.