Senkadagala Finance (Sri Lanka) Market Value
| SFCLN0000 | 441.25 25.25 6.07% |
| Symbol | Senkadagala |
Please note, there is a significant difference between Senkadagala Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Senkadagala Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Senkadagala Finance'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.
Senkadagala Finance '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 Senkadagala Finance'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 Senkadagala Finance.
| 12/08/2024 |
| 01/07/2025 |
If you would invest 0.00 in Senkadagala Finance on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding Senkadagala Finance PLC or generate 0.0% return on investment in Senkadagala Finance over 30 days. More
Senkadagala Finance 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 Senkadagala Finance'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 Senkadagala Finance PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0472 | |||
| Maximum Drawdown | 22.04 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 5.32 |
Senkadagala Finance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Senkadagala Finance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Senkadagala Finance's standard deviation. In reality, there are many statistical measures that can use Senkadagala Finance historical prices to predict the future Senkadagala Finance's volatility.| Risk Adjusted Performance | 0.0522 | |||
| Jensen Alpha | 0.1346 | |||
| Total Risk Alpha | 0.0957 | |||
| Treynor Ratio | 2.6 |
Senkadagala Finance PLC Backtested Returns
Senkadagala Finance appears to be very steady, given 3 months investment horizon. Senkadagala Finance PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.37, which indicates the firm had a 0.37% return per unit of risk over the last 3 months. By inspecting Senkadagala Finance's technical indicators, you can evaluate if the expected return of 0.57% is justified by implied risk. Please review Senkadagala Finance's Risk Adjusted Performance of 0.0522, variance of 6.77, and Coefficient Of Variation of 1791.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Senkadagala Finance holds a performance score of 28. The entity has a beta of 0.0521, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Senkadagala Finance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Senkadagala Finance is expected to be smaller as well. Please check Senkadagala Finance's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to make a quick decision on whether Senkadagala Finance's existing price patterns will revert.
Auto-correlation | 0.77 |
Good predictability
Senkadagala Finance PLC has good predictability. Overlapping area represents the amount of predictability between Senkadagala Finance time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th 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 Senkadagala Finance PLC price movement. The serial correlation of 0.77 indicates that around 77.0% of current Senkadagala Finance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 513.44 |
Senkadagala Finance PLC lagged returns against current returns
Autocorrelation, which is Senkadagala Finance 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 Senkadagala Finance's stock expected returns. We can calculate the autocorrelation of Senkadagala Finance returns to help us make a trade decision. For example, suppose you find that Senkadagala Finance 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 |
Senkadagala Finance 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 Senkadagala Finance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Senkadagala Finance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Senkadagala Finance stock over time.
Current vs Lagged Prices |
| Timeline |
Senkadagala Finance Lagged Returns
When evaluating Senkadagala Finance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Senkadagala Finance stock have on its future price. Senkadagala Finance 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, Senkadagala Finance autocorrelation shows the relationship between Senkadagala Finance stock current value and its past values and can show if there is a momentum factor associated with investing in Senkadagala Finance 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 Senkadagala Stock
Senkadagala Finance financial ratios help investors to determine whether Senkadagala 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 Senkadagala with respect to the benefits of owning Senkadagala Finance security.