Udapussellawa Plantations (Sri Lanka) Market Value
| UDPLN0000 | LKR 112.00 2.00 1.82% |
| Symbol | Udapussellawa |
Please note, there is a significant difference between Udapussellawa Plantations' value and its price as these two are different measures arrived at by different means. Investors typically determine if Udapussellawa Plantations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Udapussellawa Plantations' 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.
Udapussellawa Plantations '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 Udapussellawa Plantations' 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 Udapussellawa Plantations.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Udapussellawa Plantations on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Udapussellawa Plantations PLC or generate 0.0% return on investment in Udapussellawa Plantations over 30 days. More
Udapussellawa Plantations 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 Udapussellawa Plantations' 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 Udapussellawa Plantations PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.5 | |||
| Information Ratio | 0.1191 | |||
| Maximum Drawdown | 23.6 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 6.11 |
Udapussellawa Plantations Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Udapussellawa Plantations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Udapussellawa Plantations' standard deviation. In reality, there are many statistical measures that can use Udapussellawa Plantations historical prices to predict the future Udapussellawa Plantations' volatility.| Risk Adjusted Performance | 0.1207 | |||
| Jensen Alpha | 0.5594 | |||
| Total Risk Alpha | 0.0562 | |||
| Sortino Ratio | 0.182 | |||
| Treynor Ratio | (9.73) |
Udapussellawa Plantations Backtested Returns
Udapussellawa Plantations appears to be very steady, given 3 months investment horizon. Udapussellawa Plantations owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. By inspecting Udapussellawa Plantations' technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review Udapussellawa Plantations' Coefficient Of Variation of 676.74, risk adjusted performance of 0.1207, and Semi Deviation of 1.93 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Udapussellawa Plantations holds a performance score of 15. The entity has a beta of -0.0569, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Udapussellawa Plantations are expected to decrease at a much lower rate. During the bear market, Udapussellawa Plantations is likely to outperform the market. Please check Udapussellawa Plantations' value at risk, and the relationship between the jensen alpha and skewness , to make a quick decision on whether Udapussellawa Plantations' existing price patterns will revert.
Auto-correlation | 0.37 |
Below average predictability
Udapussellawa Plantations PLC has below average predictability. Overlapping area represents the amount of predictability between Udapussellawa Plantations time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Udapussellawa Plantations price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Udapussellawa Plantations price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 6.81 |
Udapussellawa Plantations lagged returns against current returns
Autocorrelation, which is Udapussellawa Plantations 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 Udapussellawa Plantations' stock expected returns. We can calculate the autocorrelation of Udapussellawa Plantations returns to help us make a trade decision. For example, suppose you find that Udapussellawa Plantations 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 |
Udapussellawa Plantations 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 Udapussellawa Plantations stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Udapussellawa Plantations stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Udapussellawa Plantations stock over time.
Current vs Lagged Prices |
| Timeline |
Udapussellawa Plantations Lagged Returns
When evaluating Udapussellawa Plantations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Udapussellawa Plantations stock have on its future price. Udapussellawa Plantations 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, Udapussellawa Plantations autocorrelation shows the relationship between Udapussellawa Plantations stock current value and its past values and can show if there is a momentum factor associated with investing in Udapussellawa Plantations PLC.
Regressed Prices |
| Timeline |
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Udapussellawa Plantations financial ratios help investors to determine whether Udapussellawa 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 Udapussellawa with respect to the benefits of owning Udapussellawa Plantations security.