Dolphin Hotels (Sri Lanka) Market Value
| STAFN0000 | LKR 42.40 0.30 0.71% |
| Symbol | Dolphin |
Please note, there is a significant difference between Dolphin Hotels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Dolphin Hotels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Dolphin 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.
Dolphin 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 Dolphin 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 Dolphin Hotels.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Dolphin Hotels on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Dolphin Hotels PLC or generate 0.0% return on investment in Dolphin Hotels over 30 days. More
Dolphin 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 Dolphin 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 Dolphin Hotels PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.53 | |||
| Information Ratio | 0.084 | |||
| Maximum Drawdown | 11.1 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 4.3 |
Dolphin Hotels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Dolphin Hotels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Dolphin Hotels' standard deviation. In reality, there are many statistical measures that can use Dolphin Hotels historical prices to predict the future Dolphin Hotels' volatility.| Risk Adjusted Performance | 0.1098 | |||
| Jensen Alpha | 0.2431 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0827 | |||
| Treynor Ratio | 0.4597 |
Dolphin Hotels PLC Backtested Returns
Dolphin Hotels appears to be very steady, given 3 months investment horizon. Dolphin Hotels PLC secures Sharpe Ratio (or Efficiency) of 0.23, which denotes the company had a 0.23% return per unit of risk over the last 3 months. By reviewing Dolphin Hotels' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please utilize Dolphin Hotels' Downside Deviation of 2.53, coefficient of variation of 744.7, and Mean Deviation of 1.92 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Dolphin Hotels holds a performance score of 18. The firm shows a Beta (market volatility) of 0.71, which means possible diversification benefits within a given portfolio. As returns on the market increase, Dolphin Hotels' returns are expected to increase less than the market. However, during the bear market, the loss of holding Dolphin Hotels is expected to be smaller as well. Please check Dolphin Hotels' expected short fall, and the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Dolphin Hotels' price patterns will revert.
Auto-correlation | 0.22 |
Weak predictability
Dolphin Hotels PLC has weak predictability. Overlapping area represents the amount of predictability between Dolphin Hotels time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Dolphin Hotels PLC price movement. The serial correlation of 0.22 indicates that over 22.0% of current Dolphin Hotels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 2.54 |
Dolphin Hotels PLC lagged returns against current returns
Autocorrelation, which is Dolphin 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 Dolphin Hotels' stock expected returns. We can calculate the autocorrelation of Dolphin Hotels returns to help us make a trade decision. For example, suppose you find that Dolphin 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 |
Dolphin 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 Dolphin Hotels stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Dolphin Hotels stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Dolphin Hotels stock over time.
Current vs Lagged Prices |
| Timeline |
Dolphin Hotels Lagged Returns
When evaluating Dolphin Hotels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Dolphin Hotels stock have on its future price. Dolphin 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, Dolphin Hotels autocorrelation shows the relationship between Dolphin Hotels stock current value and its past values and can show if there is a momentum factor associated with investing in Dolphin Hotels PLC.
Regressed Prices |
| Timeline |
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Dolphin Hotels financial ratios help investors to determine whether Dolphin 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 Dolphin with respect to the benefits of owning Dolphin Hotels security.