Palm Garden (Sri Lanka) Market Value
| PALMN0000 | LKR 77.40 3.20 4.31% |
| Symbol | Palm |
Please note, there is a significant difference between Palm Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Palm Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Palm Garden'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.
Palm Garden '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 Palm Garden'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 Palm Garden.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Palm Garden on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Palm Garden Hotels or generate 0.0% return on investment in Palm Garden over 30 days. More
Palm Garden 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 Palm Garden'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 Palm Garden Hotels upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.92 | |||
| Information Ratio | 0.288 | |||
| Maximum Drawdown | 15.23 | |||
| Value At Risk | (3.17) | |||
| Potential Upside | 6.85 |
Palm Garden Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Palm Garden's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Palm Garden's standard deviation. In reality, there are many statistical measures that can use Palm Garden historical prices to predict the future Palm Garden's volatility.| Risk Adjusted Performance | 0.2562 | |||
| Jensen Alpha | 0.8862 | |||
| Total Risk Alpha | 0.815 | |||
| Sortino Ratio | 0.4516 | |||
| Treynor Ratio | (46.62) |
Palm Garden Hotels Backtested Returns
Palm Garden appears to be very steady, given 3 months investment horizon. Palm Garden Hotels maintains Sharpe Ratio (i.e., Efficiency) of 0.31, which implies the firm had a 0.31% return per unit of risk over the last 3 months. By analyzing Palm Garden's technical indicators, you can evaluate if the expected return of 0.97% is justified by implied risk. Please evaluate Palm Garden's Semi Deviation of 1.24, risk adjusted performance of 0.2562, and Coefficient Of Variation of 335.66 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Palm Garden holds a performance score of 24. The company holds a Beta of -0.019, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Palm Garden are expected to decrease at a much lower rate. During the bear market, Palm Garden is likely to outperform the market. Please check Palm Garden's expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Palm Garden's historical price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
Palm Garden Hotels has poor reverse predictability. Overlapping area represents the amount of predictability between Palm Garden time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Palm Garden Hotels price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current Palm Garden price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 4.81 |
Palm Garden Hotels lagged returns against current returns
Autocorrelation, which is Palm Garden 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 Palm Garden's stock expected returns. We can calculate the autocorrelation of Palm Garden returns to help us make a trade decision. For example, suppose you find that Palm Garden 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 |
Palm Garden 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 Palm Garden stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Palm Garden stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Palm Garden stock over time.
Current vs Lagged Prices |
| Timeline |
Palm Garden Lagged Returns
When evaluating Palm Garden's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Palm Garden stock have on its future price. Palm Garden 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, Palm Garden autocorrelation shows the relationship between Palm Garden stock current value and its past values and can show if there is a momentum factor associated with investing in Palm Garden Hotels.
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 Palm Stock
Palm Garden financial ratios help investors to determine whether Palm 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 Palm with respect to the benefits of owning Palm Garden security.