Aitken Spence (Sri Lanka) Market Value

AHUNN0000  LKR 84.00  1.80  2.19%   
Aitken Spence's market value is the price at which a share of Aitken Spence trades on a public exchange. It measures the collective expectations of Aitken Spence Hotel investors about its performance. Aitken Spence is trading at 84.00 as of the 3rd of March 2025, a 2.19 percent increase since the beginning of the trading day. The stock's open price was 82.2.
With this module, you can estimate the performance of a buy and hold strategy of Aitken Spence Hotel and determine expected loss or profit from investing in Aitken Spence over a given investment horizon. Check out Aitken Spence Correlation, Aitken Spence Volatility and Aitken Spence Alpha and Beta module to complement your research on Aitken Spence.
Symbol

Please note, there is a significant difference between Aitken Spence's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aitken Spence is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aitken Spence'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.

Aitken Spence '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 Aitken Spence'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 Aitken Spence.
0.00
02/01/2025
No Change 0.00  0.0 
In 31 days
03/03/2025
0.00
If you would invest  0.00  in Aitken Spence on February 1, 2025 and sell it all today you would earn a total of 0.00 from holding Aitken Spence Hotel or generate 0.0% return on investment in Aitken Spence over 30 days. More

Aitken Spence 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 Aitken Spence'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 Aitken Spence Hotel upside and downside potential and time the market with a certain degree of confidence.

Aitken Spence Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aitken Spence's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aitken Spence's standard deviation. In reality, there are many statistical measures that can use Aitken Spence historical prices to predict the future Aitken Spence's volatility.
Hype
Prediction
LowEstimatedHigh
82.0384.0085.97
Details
Intrinsic
Valuation
LowRealHigh
83.1985.1687.13
Details
Naive
Forecast
LowNextHigh
83.5885.5587.51
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
79.3384.7590.17
Details

Aitken Spence Hotel Backtested Returns

Aitken Spence appears to be very steady, given 3 months investment horizon. Aitken Spence Hotel secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aitken Spence Hotel, which you can use to evaluate the volatility of the firm. Please makes use of Aitken Spence's Risk Adjusted Performance of 0.1208, mean deviation of 1.56, and Downside Deviation of 1.64 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aitken Spence holds a performance score of 9. The firm shows a Beta (market volatility) of 0.0102, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aitken Spence's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aitken Spence is expected to be smaller as well. Please check Aitken Spence's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Aitken Spence's price patterns will revert.

Auto-correlation

    
  0.45  

Average predictability

Aitken Spence Hotel has average predictability. Overlapping area represents the amount of predictability between Aitken Spence time series from 1st of February 2025 to 16th of February 2025 and 16th of February 2025 to 3rd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aitken Spence Hotel price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Aitken Spence price fluctuation can be explain by its past prices.
Correlation Coefficient0.45
Spearman Rank Test-0.05
Residual Average0.0
Price Variance1.04

Aitken Spence Hotel lagged returns against current returns

Autocorrelation, which is Aitken Spence 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 Aitken Spence's stock expected returns. We can calculate the autocorrelation of Aitken Spence returns to help us make a trade decision. For example, suppose you find that Aitken Spence 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  

Aitken Spence 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 Aitken Spence stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aitken Spence stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aitken Spence stock over time.
   Current vs Lagged Prices   
       Timeline  

Aitken Spence Lagged Returns

When evaluating Aitken Spence's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aitken Spence stock have on its future price. Aitken Spence 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, Aitken Spence autocorrelation shows the relationship between Aitken Spence stock current value and its past values and can show if there is a momentum factor associated with investing in Aitken Spence Hotel.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Aitken Stock

Aitken Spence financial ratios help investors to determine whether Aitken 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 Aitken with respect to the benefits of owning Aitken Spence security.