THE KINGSBURY (Sri Lanka) Market Value
| SERVN0000 | LKR 11.60 0.30 2.52% |
| Symbol | THE |
Please note, there is a significant difference between THE KINGSBURY's value and its price as these two are different measures arrived at by different means. Investors typically determine if THE KINGSBURY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, THE KINGSBURY'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.
THE KINGSBURY '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 THE KINGSBURY'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 THE KINGSBURY.
| 12/13/2024 |
| 03/13/2025 |
If you would invest 0.00 in THE KINGSBURY on December 13, 2024 and sell it all today you would earn a total of 0.00 from holding THE KINGSBURY PLC or generate 0.0% return on investment in THE KINGSBURY over 90 days. More
THE KINGSBURY 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 THE KINGSBURY'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 THE KINGSBURY PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0403 | |||
| Maximum Drawdown | 11.19 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 4.92 |
THE KINGSBURY Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for THE KINGSBURY's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as THE KINGSBURY's standard deviation. In reality, there are many statistical measures that can use THE KINGSBURY historical prices to predict the future THE KINGSBURY's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | 0.301 | |||
| Treynor Ratio | 0.1492 |
THE KINGSBURY PLC Backtested Returns
THE KINGSBURY PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of volatility over the last 3 months. THE KINGSBURY PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate THE KINGSBURY's variance of 4.93, and Risk Adjusted Performance of (0) to confirm the risk estimate we provide. The entity has a beta of -0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning THE KINGSBURY are expected to decrease at a much lower rate. During the bear market, THE KINGSBURY is likely to outperform the market. At this point, THE KINGSBURY PLC has a negative expected return of -0.0157%. Please make sure to validate THE KINGSBURY's coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if THE KINGSBURY PLC performance from the past will be repeated at future time.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
THE KINGSBURY PLC has almost perfect reverse predictability. Overlapping area represents the amount of predictability between THE KINGSBURY time series from 13th of December 2024 to 27th of January 2025 and 27th of January 2025 to 13th 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 THE KINGSBURY PLC price movement. The serial correlation of -0.78 indicates that around 78.0% of current THE KINGSBURY price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.88 | |
| Residual Average | 0.0 | |
| Price Variance | 0.49 |
THE KINGSBURY PLC lagged returns against current returns
Autocorrelation, which is THE KINGSBURY 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 THE KINGSBURY's stock expected returns. We can calculate the autocorrelation of THE KINGSBURY returns to help us make a trade decision. For example, suppose you find that THE KINGSBURY 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 |
THE KINGSBURY 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 THE KINGSBURY stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if THE KINGSBURY stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in THE KINGSBURY stock over time.
Current vs Lagged Prices |
| Timeline |
THE KINGSBURY Lagged Returns
When evaluating THE KINGSBURY's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of THE KINGSBURY stock have on its future price. THE KINGSBURY 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, THE KINGSBURY autocorrelation shows the relationship between THE KINGSBURY stock current value and its past values and can show if there is a momentum factor associated with investing in THE KINGSBURY PLC.
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 THE Stock
THE KINGSBURY financial ratios help investors to determine whether THE 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 THE with respect to the benefits of owning THE KINGSBURY security.