Sri Lanka (Sri Lanka) Market Value
| SLTLN0000 | LKR 61.40 2.20 3.72% |
| Symbol | Sri |
Please note, there is a significant difference between Sri Lanka's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sri Lanka is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sri Lanka'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.
Sri Lanka '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 Sri Lanka'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 Sri Lanka.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Sri Lanka on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Sri Lanka Telecom or generate 0.0% return on investment in Sri Lanka over 90 days. More
Sri Lanka 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 Sri Lanka'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 Sri Lanka Telecom upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0184 | |||
| Maximum Drawdown | 12.08 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 3.4 |
Sri Lanka Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sri Lanka's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sri Lanka's standard deviation. In reality, there are many statistical measures that can use Sri Lanka historical prices to predict the future Sri Lanka's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.1683 | |||
| Treynor Ratio | 2.73 |
Sri Lanka Telecom Backtested Returns
Sri Lanka Telecom owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.066, which indicates the firm had a -0.066 % return per unit of risk over the last 3 months. Sri Lanka Telecom exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sri Lanka's Variance of 3.73, coefficient of variation of (3,040), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of -0.0269, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sri Lanka are expected to decrease at a much lower rate. During the bear market, Sri Lanka is likely to outperform the market. At this point, Sri Lanka Telecom has a negative expected return of -0.13%. Please make sure to validate Sri Lanka's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Sri Lanka Telecom performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Sri Lanka Telecom has weak predictability. Overlapping area represents the amount of predictability between Sri Lanka time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Sri Lanka Telecom price movement. The serial correlation of 0.22 indicates that over 22.0% of current Sri Lanka price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 3.57 |
Sri Lanka Telecom lagged returns against current returns
Autocorrelation, which is Sri Lanka 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 Sri Lanka's stock expected returns. We can calculate the autocorrelation of Sri Lanka returns to help us make a trade decision. For example, suppose you find that Sri Lanka 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 |
Sri Lanka 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 Sri Lanka stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sri Lanka stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sri Lanka stock over time.
Current vs Lagged Prices |
| Timeline |
Sri Lanka Lagged Returns
When evaluating Sri Lanka's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sri Lanka stock have on its future price. Sri Lanka 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, Sri Lanka autocorrelation shows the relationship between Sri Lanka stock current value and its past values and can show if there is a momentum factor associated with investing in Sri Lanka Telecom.
Regressed Prices |
| Timeline |
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Sri Lanka financial ratios help investors to determine whether Sri 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 Sri with respect to the benefits of owning Sri Lanka security.