Laxapana Batteries (Sri Lanka) Buy Hold or Sell Recommendation
| LITEN0000 | LKR 17.90 0.40 2.29% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Laxapana Batteries PLC is 'Not Rated'. Macroaxis provides Laxapana Batteries buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding LITEN0000 positions. The advice algorithm takes into account all of Laxapana Batteries' available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Laxapana Batteries' buy or sell advice are summarized below:
Real Value 4.1 | Hype Value 0.0 | Market Value 17.9 | Naive Value 18.88 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Laxapana Batteries PLC given historical horizon and risk tolerance towards Laxapana Batteries. When Macroaxis issues a 'buy' or 'sell' recommendation for Laxapana Batteries PLC, the advice is generated through an automated system that utilizes algorithms and statistical models.
Laxapana |
Execute Laxapana Batteries Buy or Sell Advice
The Laxapana recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Laxapana Batteries PLC. Macroaxis does not own or have any residual interests in Laxapana Batteries PLC or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Laxapana Batteries' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Good | Details | |
Volatility | Slightly risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | About Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Laxapana Batteries Returns Distribution Density
The distribution of Laxapana Batteries' historical returns is an attempt to chart the uncertainty of Laxapana Batteries' future price movements. The chart of the probability distribution of Laxapana Batteries daily returns describes the distribution of returns around its average expected value. We use Laxapana Batteries PLC price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Laxapana Batteries returns is essential to provide solid investment advice for Laxapana Batteries.
| Mean Return | 0.44 | Value At Risk | -3.11 | Potential Upside | 3.90 | Standard Deviation | 2.62 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Laxapana Batteries historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Laxapana Batteries Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Laxapana Batteries or Laxapana sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Laxapana Batteries' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Laxapana stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.40 | |
β | Beta against NYSE Composite | 0.32 | |
σ | Overall volatility | 2.62 | |
Ir | Information ratio | 0.13 |
Laxapana Batteries Volatility Alert
Laxapana Batteries PLC currently demonstrates below-average downside deviation. It has Information Ratio of 0.13 and Jensen Alpha of 0.4. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Laxapana Batteries' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Laxapana Batteries' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Laxapana Batteries Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Laxapana . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Laxapana Batteries Buy or Sell Advice
When is the right time to buy or sell Laxapana Batteries PLC? Buying financial instruments such as Laxapana Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Laxapana Batteries in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Personal Services Thematic Idea Now
Personal Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Personal Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Personal Services Theme or any other thematic opportunities.
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Check out Laxapana Batteries Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Laxapana Stock analysis
When running Laxapana Batteries' price analysis, check to measure Laxapana Batteries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Laxapana Batteries is operating at the current time. Most of Laxapana Batteries' value examination focuses on studying past and present price action to predict the probability of Laxapana Batteries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laxapana Batteries' price. Additionally, you may evaluate how the addition of Laxapana Batteries to your portfolios can decrease your overall portfolio volatility.
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