EX PACK (Sri Lanka) Market Value
| PACKN0000 | 13.90 0.20 1.46% |
| Symbol | PACKN0000 |
Please note, there is a significant difference between EX PACK's value and its price as these two are different measures arrived at by different means. Investors typically determine if EX PACK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EX PACK'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.
EX PACK '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 EX PACK'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 EX PACK.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in EX PACK on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding EX PACK RUGATED CARTONS or generate 0.0% return on investment in EX PACK over 30 days. More
EX PACK 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 EX PACK'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 EX PACK RUGATED CARTONS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.17 | |||
| Value At Risk | (2.07) | |||
| Potential Upside | 2.24 |
EX PACK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for EX PACK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as EX PACK's standard deviation. In reality, there are many statistical measures that can use EX PACK historical prices to predict the future EX PACK's volatility.| Risk Adjusted Performance | 0.053 | |||
| Jensen Alpha | 0.0441 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.2791 |
EX PACK RUGATED Backtested Returns
At this point, EX PACK is very steady. EX PACK RUGATED retains Efficiency (Sharpe Ratio) of 0.0694, which denotes the company had a 0.0694% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for EX PACK, which you can use to evaluate the volatility of the firm. Please confirm EX PACK's Standard Deviation of 1.39, market risk adjusted performance of 0.2891, and Downside Deviation of 1.32 to check if the risk estimate we provide is consistent with the expected return of 0.0972%. EX PACK has a performance score of 5 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.28, which means not very significant fluctuations relative to the market. As returns on the market increase, EX PACK's returns are expected to increase less than the market. However, during the bear market, the loss of holding EX PACK is expected to be smaller as well. EX PACK RUGATED today owns a risk of 1.4%. Please confirm EX PACK RUGATED CARTONS coefficient of variation, semi variance, price action indicator, as well as the relationship between the treynor ratio and daily balance of power , to decide if EX PACK RUGATED CARTONS will be following its current price history.
Auto-correlation | -0.15 |
Insignificant reverse predictability
EX PACK RUGATED CARTONS has insignificant reverse predictability. Overlapping area represents the amount of predictability between EX PACK time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 EX PACK RUGATED price movement. The serial correlation of -0.15 indicates that less than 15.0% of current EX PACK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
EX PACK RUGATED lagged returns against current returns
Autocorrelation, which is EX PACK 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 EX PACK's stock expected returns. We can calculate the autocorrelation of EX PACK returns to help us make a trade decision. For example, suppose you find that EX PACK 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 |
EX PACK 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 EX PACK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if EX PACK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in EX PACK stock over time.
Current vs Lagged Prices |
| Timeline |
EX PACK Lagged Returns
When evaluating EX PACK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of EX PACK stock have on its future price. EX PACK 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, EX PACK autocorrelation shows the relationship between EX PACK stock current value and its past values and can show if there is a momentum factor associated with investing in EX PACK RUGATED CARTONS.
Regressed Prices |
| Timeline |
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EX PACK financial ratios help investors to determine whether PACKN0000 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 PACKN0000 with respect to the benefits of owning EX PACK security.