Keells Food (Sri Lanka) Market Value
| KFPN0000 | LKR 165.25 9.75 5.57% |
| Symbol | Keells |
Please note, there is a significant difference between Keells Food's value and its price as these two are different measures arrived at by different means. Investors typically determine if Keells Food is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Keells Food'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.
Keells Food '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 Keells Food'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 Keells Food.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Keells Food on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Keells Food Products or generate 0.0% return on investment in Keells Food over 90 days. More
Keells Food 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 Keells Food'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 Keells Food Products upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0326 | |||
| Maximum Drawdown | 11.96 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 3.32 |
Keells Food Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Keells Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Keells Food's standard deviation. In reality, there are many statistical measures that can use Keells Food historical prices to predict the future Keells Food's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | 0.2315 | |||
| Treynor Ratio | 0.0898 |
Keells Food Products Backtested Returns
Keells Food Products has Sharpe Ratio of close to zero, which conveys that the firm had a close to zero % return per unit of risk over the last 3 months. Keells Food exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Keells Food's Mean Deviation of 1.32, risk adjusted performance of (0.01), and Standard Deviation of 2.16 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.43, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Keells Food are expected to decrease at a much lower rate. During the bear market, Keells Food is likely to outperform the market. At this point, Keells Food Products has a negative expected return of -0.0196%. Please make sure to verify Keells Food's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Keells Food Products performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.55 |
Good reverse predictability
Keells Food Products has good reverse predictability. Overlapping area represents the amount of predictability between Keells Food time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Keells Food Products price movement. The serial correlation of -0.55 indicates that about 55.0% of current Keells Food price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.55 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 24.71 |
Keells Food Products lagged returns against current returns
Autocorrelation, which is Keells Food 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 Keells Food's stock expected returns. We can calculate the autocorrelation of Keells Food returns to help us make a trade decision. For example, suppose you find that Keells Food 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 |
Keells Food 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 Keells Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Keells Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Keells Food stock over time.
Current vs Lagged Prices |
| Timeline |
Keells Food Lagged Returns
When evaluating Keells Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Keells Food stock have on its future price. Keells Food 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, Keells Food autocorrelation shows the relationship between Keells Food stock current value and its past values and can show if there is a momentum factor associated with investing in Keells Food Products.
Regressed Prices |
| Timeline |
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Keells Food financial ratios help investors to determine whether Keells 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 Keells with respect to the benefits of owning Keells Food security.