Asian Hotels (Sri Lanka) Market Value
| AHPLN0000 | LKR 57.40 1.90 3.42% |
| Symbol | Asian |
Please note, there is a significant difference between Asian Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Asian Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asian Hotels' 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.
Asian Hotels '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 Asian Hotels' 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 Asian Hotels.
| 05/09/2023 |
| 11/29/2024 |
If you would invest 0.00 in Asian Hotels on May 9, 2023 and sell it all today you would earn a total of 0.00 from holding Asian Hotels and or generate 0.0% return on investment in Asian Hotels over 570 days. More
Asian Hotels 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 Asian Hotels' 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 Asian Hotels and upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.06 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.06 | |||
| Value At Risk | (2.82) | |||
| Potential Upside | 3.42 |
Asian Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asian Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asian Hotels' standard deviation. In reality, there are many statistical measures that can use Asian Hotels historical prices to predict the future Asian Hotels' volatility.| Risk Adjusted Performance | 0.0282 | |||
| Jensen Alpha | 0.0818 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.14) |
Asian Hotels Backtested Returns
At this point, Asian Hotels is very steady. Asian Hotels secures Sharpe Ratio (or Efficiency) of 0.0794, which signifies that the company had a 0.0794% return per unit of risk over the last 3 months. We have found thirty technical indicators for Asian Hotels and, which you can use to evaluate the volatility of the firm. Please confirm Asian Hotels' Mean Deviation of 1.4, risk adjusted performance of 0.0282, and Downside Deviation of 2.06 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Asian Hotels has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.31, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Asian Hotels are expected to decrease at a much lower rate. During the bear market, Asian Hotels is likely to outperform the market. Asian Hotels right now shows a risk of 1.97%. Please confirm Asian Hotels potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Asian Hotels will be following its price patterns.
Auto-correlation | -0.54 |
Good reverse predictability
Asian Hotels and has good reverse predictability. Overlapping area represents the amount of predictability between Asian Hotels time series from 9th of May 2023 to 18th of February 2024 and 18th of February 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Asian Hotels price movement. The serial correlation of -0.54 indicates that about 54.0% of current Asian Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 28.16 |
Asian Hotels lagged returns against current returns
Autocorrelation, which is Asian Hotels 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 Asian Hotels' stock expected returns. We can calculate the autocorrelation of Asian Hotels returns to help us make a trade decision. For example, suppose you find that Asian Hotels 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 |
Asian Hotels 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 Asian Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asian Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asian Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Asian Hotels Lagged Returns
When evaluating Asian Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asian Hotels stock have on its future price. Asian Hotels 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, Asian Hotels autocorrelation shows the relationship between Asian Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Asian Hotels and.
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 Asian Stock
Asian Hotels financial ratios help investors to determine whether Asian 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 Asian with respect to the benefits of owning Asian Hotels security.