Lighthouse Hotel (Sri Lanka) Market Value
| LHLN0000 | 60.10 0.20 0.33% |
| Symbol | Lighthouse |
Please note, there is a significant difference between Lighthouse Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lighthouse Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lighthouse Hotel'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.
Lighthouse Hotel '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 Lighthouse Hotel'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 Lighthouse Hotel.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in Lighthouse Hotel on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding Lighthouse Hotel PLC or generate 0.0% return on investment in Lighthouse Hotel over 720 days. More
Lighthouse Hotel 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 Lighthouse Hotel'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 Lighthouse Hotel PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.68 | |||
| Information Ratio | 0.1841 | |||
| Maximum Drawdown | 10.55 | |||
| Value At Risk | (3.80) | |||
| Potential Upside | 5.08 |
Lighthouse Hotel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lighthouse Hotel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lighthouse Hotel's standard deviation. In reality, there are many statistical measures that can use Lighthouse Hotel historical prices to predict the future Lighthouse Hotel's volatility.| Risk Adjusted Performance | 0.1726 | |||
| Jensen Alpha | 0.5495 | |||
| Total Risk Alpha | 0.2145 | |||
| Sortino Ratio | 0.176 | |||
| Treynor Ratio | 2.4 |
Lighthouse Hotel PLC Backtested Returns
Lighthouse Hotel appears to be very steady, given 3 months investment horizon. Lighthouse Hotel PLC has Sharpe Ratio of 0.27, which conveys that the firm had a 0.27% return per unit of risk over the last 3 months. By analyzing Lighthouse Hotel's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please exercise Lighthouse Hotel's Mean Deviation of 1.95, downside deviation of 2.68, and Risk Adjusted Performance of 0.1726 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Lighthouse Hotel holds a performance score of 21. The company secures a Beta (Market Risk) of 0.24, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lighthouse Hotel's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lighthouse Hotel is expected to be smaller as well. Please check Lighthouse Hotel's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Lighthouse Hotel's current price movements will revert.
Auto-correlation | 0.34 |
Below average predictability
Lighthouse Hotel PLC has below average predictability. Overlapping area represents the amount of predictability between Lighthouse Hotel time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 Lighthouse Hotel PLC price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Lighthouse Hotel price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 29.71 |
Lighthouse Hotel PLC lagged returns against current returns
Autocorrelation, which is Lighthouse Hotel 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 Lighthouse Hotel's stock expected returns. We can calculate the autocorrelation of Lighthouse Hotel returns to help us make a trade decision. For example, suppose you find that Lighthouse Hotel 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 |
Lighthouse Hotel 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 Lighthouse Hotel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lighthouse Hotel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lighthouse Hotel stock over time.
Current vs Lagged Prices |
| Timeline |
Lighthouse Hotel Lagged Returns
When evaluating Lighthouse Hotel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lighthouse Hotel stock have on its future price. Lighthouse Hotel 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, Lighthouse Hotel autocorrelation shows the relationship between Lighthouse Hotel stock current value and its past values and can show if there is a momentum factor associated with investing in Lighthouse Hotel PLC.
Regressed Prices |
| Timeline |
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Lighthouse Hotel financial ratios help investors to determine whether Lighthouse 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 Lighthouse with respect to the benefits of owning Lighthouse Hotel security.