Ceylon Beverage (Sri Lanka) Market Value
| BREWN0000 | LKR 2,610 10.25 0.39% |
| Symbol | Ceylon |
Please note, there is a significant difference between Ceylon Beverage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ceylon Beverage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ceylon Beverage'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.
Ceylon Beverage '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 Ceylon Beverage'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 Ceylon Beverage.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Ceylon Beverage on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Ceylon Beverage Holdings or generate 0.0% return on investment in Ceylon Beverage over 90 days. More
Ceylon Beverage 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 Ceylon Beverage'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 Ceylon Beverage Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.8 | |||
| Information Ratio | 0.0909 | |||
| Maximum Drawdown | 33.96 | |||
| Value At Risk | (3.68) | |||
| Potential Upside | 1.52 |
Ceylon Beverage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ceylon Beverage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ceylon Beverage's standard deviation. In reality, there are many statistical measures that can use Ceylon Beverage historical prices to predict the future Ceylon Beverage's volatility.| Risk Adjusted Performance | 0.0709 | |||
| Jensen Alpha | 0.4409 | |||
| Total Risk Alpha | 1.02 | |||
| Sortino Ratio | 0.1692 | |||
| Treynor Ratio | 0.5153 |
Ceylon Beverage Holdings Backtested Returns
Ceylon Beverage Holdings secures Sharpe Ratio (or Efficiency) of -0.36, which signifies that the company had a -0.36 % return per unit of risk over the last 3 months. Ceylon Beverage Holdings exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ceylon Beverage's Downside Deviation of 2.8, mean deviation of 1.89, and Risk Adjusted Performance of 0.0709 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ceylon Beverage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ceylon Beverage is expected to be smaller as well. At this point, Ceylon Beverage Holdings has a negative expected return of -0.52%. Please make sure to confirm Ceylon Beverage's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Ceylon Beverage Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Ceylon Beverage Holdings has good predictability. Overlapping area represents the amount of predictability between Ceylon Beverage time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Ceylon Beverage Holdings price movement. The serial correlation of 0.73 indicates that around 73.0% of current Ceylon Beverage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 4014.68 |
Ceylon Beverage Holdings lagged returns against current returns
Autocorrelation, which is Ceylon Beverage 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 Ceylon Beverage's stock expected returns. We can calculate the autocorrelation of Ceylon Beverage returns to help us make a trade decision. For example, suppose you find that Ceylon Beverage 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 |
Ceylon Beverage 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 Ceylon Beverage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ceylon Beverage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ceylon Beverage stock over time.
Current vs Lagged Prices |
| Timeline |
Ceylon Beverage Lagged Returns
When evaluating Ceylon Beverage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ceylon Beverage stock have on its future price. Ceylon Beverage 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, Ceylon Beverage autocorrelation shows the relationship between Ceylon Beverage stock current value and its past values and can show if there is a momentum factor associated with investing in Ceylon Beverage Holdings.
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 Ceylon Stock
Ceylon Beverage financial ratios help investors to determine whether Ceylon 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 Ceylon with respect to the benefits of owning Ceylon Beverage security.