SEYLAN BANK (Sri Lanka) Market Value
| SEYBX0000 | LKR 43.30 0.20 0.46% |
| Symbol | SEYLAN |
Please note, there is a significant difference between SEYLAN BANK's value and its price as these two are different measures arrived at by different means. Investors typically determine if SEYLAN BANK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SEYLAN 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.
SEYLAN 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 SEYLAN 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 SEYLAN BANK.
| 08/06/2024 |
| 12/04/2024 |
If you would invest 0.00 in SEYLAN BANK on August 6, 2024 and sell it all today you would earn a total of 0.00 from holding SEYLAN BANK PLC or generate 0.0% return on investment in SEYLAN BANK over 120 days. More
SEYLAN 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 SEYLAN 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 SEYLAN BANK PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.7 | |||
| Information Ratio | 0.1428 | |||
| Maximum Drawdown | 9.6 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 3.21 |
SEYLAN BANK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SEYLAN BANK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SEYLAN BANK's standard deviation. In reality, there are many statistical measures that can use SEYLAN BANK historical prices to predict the future SEYLAN BANK's volatility.| Risk Adjusted Performance | 0.1597 | |||
| Jensen Alpha | 0.382 | |||
| Total Risk Alpha | 0.1176 | |||
| Sortino Ratio | 0.1626 | |||
| Treynor Ratio | (17.83) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SEYLAN BANK'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.
SEYLAN BANK PLC Backtested Returns
SEYLAN BANK appears to be very steady, given 3 months investment horizon. SEYLAN BANK PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.25, which indicates the firm had a 0.25% return per unit of risk over the last 3 months. We have found thirty technical indicators for SEYLAN BANK PLC, which you can use to evaluate the volatility of the company. Please review SEYLAN BANK's Coefficient Of Variation of 496.67, semi deviation of 1.35, and Risk Adjusted Performance of 0.1597 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SEYLAN BANK holds a performance score of 20. The entity has a beta of -0.0213, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SEYLAN BANK are expected to decrease at a much lower rate. During the bear market, SEYLAN BANK is likely to outperform the market. Please check SEYLAN BANK's maximum drawdown, skewness, as well as the relationship between the Skewness and day typical price , to make a quick decision on whether SEYLAN BANK's existing price patterns will revert.
Auto-correlation | 0.35 |
Below average predictability
SEYLAN BANK PLC has below average predictability. Overlapping area represents the amount of predictability between SEYLAN BANK time series from 6th of August 2024 to 5th of October 2024 and 5th of October 2024 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 SEYLAN BANK PLC price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current SEYLAN BANK price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 1.02 |
SEYLAN BANK PLC lagged returns against current returns
Autocorrelation, which is SEYLAN 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 SEYLAN BANK's stock expected returns. We can calculate the autocorrelation of SEYLAN BANK returns to help us make a trade decision. For example, suppose you find that SEYLAN 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 |
SEYLAN 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 SEYLAN BANK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SEYLAN BANK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SEYLAN BANK stock over time.
Current vs Lagged Prices |
| Timeline |
SEYLAN BANK Lagged Returns
When evaluating SEYLAN BANK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SEYLAN BANK stock have on its future price. SEYLAN 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, SEYLAN BANK autocorrelation shows the relationship between SEYLAN BANK stock current value and its past values and can show if there is a momentum factor associated with investing in SEYLAN BANK PLC.
Regressed Prices |
| Timeline |
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SEYLAN BANK financial ratios help investors to determine whether SEYLAN 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 SEYLAN with respect to the benefits of owning SEYLAN BANK security.