Arpico Insurance (Sri Lanka) Market Value
| AINSN0000 | LKR 24.30 0.10 0.41% |
| Symbol | Arpico |
Please note, there is a significant difference between Arpico Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Arpico Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Arpico Insurance'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.
Arpico Insurance '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 Arpico Insurance'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 Arpico Insurance.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Arpico Insurance on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Arpico Insurance or generate 0.0% return on investment in Arpico Insurance over 30 days. More
Arpico Insurance 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 Arpico Insurance'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 Arpico Insurance upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.19 | |||
| Information Ratio | 0.0317 | |||
| Maximum Drawdown | 16.18 | |||
| Value At Risk | (4.11) | |||
| Potential Upside | 6.64 |
Arpico Insurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arpico Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arpico Insurance's standard deviation. In reality, there are many statistical measures that can use Arpico Insurance historical prices to predict the future Arpico Insurance's volatility.| Risk Adjusted Performance | 0.0549 | |||
| Jensen Alpha | 0.2801 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0225 | |||
| Treynor Ratio | (0.17) |
Arpico Insurance Backtested Returns
Arpico Insurance appears to be not too volatile, given 3 months investment horizon. Arpico Insurance secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Arpico Insurance, which you can use to evaluate the volatility of the firm. Please makes use of Arpico Insurance's Downside Deviation of 4.19, risk adjusted performance of 0.0549, and Mean Deviation of 1.75 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Arpico Insurance holds a performance score of 8. The firm shows a Beta (market volatility) of -1.06, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Arpico Insurance are expected to decrease slowly. On the other hand, during market turmoil, Arpico Insurance is expected to outperform it slightly. Please check Arpico Insurance's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Arpico Insurance's price patterns will revert.
Auto-correlation | -0.21 |
Weak reverse predictability
Arpico Insurance has weak reverse predictability. Overlapping area represents the amount of predictability between Arpico Insurance time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Arpico Insurance price movement. The serial correlation of -0.21 indicates that over 21.0% of current Arpico Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Arpico Insurance lagged returns against current returns
Autocorrelation, which is Arpico Insurance 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 Arpico Insurance's stock expected returns. We can calculate the autocorrelation of Arpico Insurance returns to help us make a trade decision. For example, suppose you find that Arpico Insurance 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 |
Arpico Insurance 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 Arpico Insurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arpico Insurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arpico Insurance stock over time.
Current vs Lagged Prices |
| Timeline |
Arpico Insurance Lagged Returns
When evaluating Arpico Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arpico Insurance stock have on its future price. Arpico Insurance 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, Arpico Insurance autocorrelation shows the relationship between Arpico Insurance stock current value and its past values and can show if there is a momentum factor associated with investing in Arpico Insurance.
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 Arpico Stock
Arpico Insurance financial ratios help investors to determine whether Arpico 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 Arpico with respect to the benefits of owning Arpico Insurance security.