Lanka IOC (Sri Lanka) Market Value
| LIOCN0000 | LKR 125.00 0.50 0.40% |
| Symbol | Lanka |
Please note, there is a significant difference between Lanka IOC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lanka IOC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lanka IOC'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.
Lanka IOC '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 Lanka IOC'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 Lanka IOC.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Lanka IOC on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Lanka IOC PLC or generate 0.0% return on investment in Lanka IOC over 90 days. More
Lanka IOC 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 Lanka IOC'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 Lanka IOC PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0209 | |||
| Maximum Drawdown | 18.17 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 2.37 |
Lanka IOC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lanka IOC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lanka IOC's standard deviation. In reality, there are many statistical measures that can use Lanka IOC historical prices to predict the future Lanka IOC's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | 0.2201 | |||
| Treynor Ratio | (0.14) |
Lanka IOC PLC Backtested Returns
Lanka IOC PLC has Sharpe Ratio of -0.015, which conveys that the firm had a -0.015 % return per unit of risk over the last 3 months. Lanka IOC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lanka IOC's Standard Deviation of 2.42, risk adjusted performance of (0.01), and Mean Deviation of 1.15 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.34, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Lanka IOC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lanka IOC is expected to be smaller as well. At this point, Lanka IOC PLC has a negative expected return of -0.0364%. Please make sure to verify Lanka IOC's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Lanka IOC PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.27 |
Weak reverse predictability
Lanka IOC PLC has weak reverse predictability. Overlapping area represents the amount of predictability between Lanka IOC time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 Lanka IOC PLC price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Lanka IOC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 16.44 |
Lanka IOC PLC lagged returns against current returns
Autocorrelation, which is Lanka IOC 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 Lanka IOC's stock expected returns. We can calculate the autocorrelation of Lanka IOC returns to help us make a trade decision. For example, suppose you find that Lanka IOC 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 |
Lanka IOC 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 Lanka IOC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lanka IOC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lanka IOC stock over time.
Current vs Lagged Prices |
| Timeline |
Lanka IOC Lagged Returns
When evaluating Lanka IOC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lanka IOC stock have on its future price. Lanka IOC 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, Lanka IOC autocorrelation shows the relationship between Lanka IOC stock current value and its past values and can show if there is a momentum factor associated with investing in Lanka IOC PLC.
Regressed Prices |
| Timeline |
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Lanka IOC financial ratios help investors to determine whether Lanka 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 Lanka with respect to the benefits of owning Lanka IOC security.