Sampath Bank (Sri Lanka) Market Value
| SAMPN0000 | LKR 100.75 0.25 0.25% |
| Symbol | Sampath |
Please note, there is a significant difference between Sampath Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sampath Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sampath Bank'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.
Sampath Bank '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 Sampath Bank'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 Sampath Bank.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Sampath Bank on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Sampath Bank PLC or generate 0.0% return on investment in Sampath Bank over 30 days. More
Sampath Bank 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 Sampath Bank'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 Sampath Bank PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.3254 | |||
| Maximum Drawdown | 6.12 | |||
| Value At Risk | (1.43) | |||
| Potential Upside | 3.14 |
Sampath Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sampath Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sampath Bank's standard deviation. In reality, there are many statistical measures that can use Sampath Bank historical prices to predict the future Sampath Bank's volatility.| Risk Adjusted Performance | 0.3035 | |||
| Jensen Alpha | 0.6104 | |||
| Total Risk Alpha | 0.3508 | |||
| Sortino Ratio | 0.4353 | |||
| Treynor Ratio | (1.86) |
Sampath Bank PLC Backtested Returns
Sampath Bank appears to be very steady, given 3 months investment horizon. Sampath Bank PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.49, which indicates the firm had a 0.49% return per unit of risk over the last 3 months. By inspecting Sampath Bank's technical indicators, you can evaluate if the expected return of 0.68% is justified by implied risk. Please review Sampath Bank's Coefficient Of Variation of 241.91, risk adjusted performance of 0.3035, and Semi Deviation of 0.335 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sampath Bank holds a performance score of 38. The entity has a beta of -0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sampath Bank are expected to decrease at a much lower rate. During the bear market, Sampath Bank is likely to outperform the market. Please check Sampath Bank's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Sampath Bank's existing price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
Sampath Bank PLC has average predictability. Overlapping area represents the amount of predictability between Sampath Bank time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Sampath Bank PLC price movement. The serial correlation of 0.49 indicates that about 49.0% of current Sampath Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 6.1 |
Sampath Bank PLC lagged returns against current returns
Autocorrelation, which is Sampath Bank 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 Sampath Bank's stock expected returns. We can calculate the autocorrelation of Sampath Bank returns to help us make a trade decision. For example, suppose you find that Sampath Bank 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 |
Sampath Bank 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 Sampath Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sampath Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sampath Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Sampath Bank Lagged Returns
When evaluating Sampath Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sampath Bank stock have on its future price. Sampath Bank 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, Sampath Bank autocorrelation shows the relationship between Sampath Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Sampath Bank PLC.
Regressed Prices |
| Timeline |
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Sampath Bank financial ratios help investors to determine whether Sampath 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 Sampath with respect to the benefits of owning Sampath Bank security.