For an engine with cast-iron heads and steel valves, you can expect the lash to tighten up a couple of thousandths of an inch as it heats up-so for the cold lash you would set the valve lash a couple thousandths larger than the cam manufacturer's recommended hot lash setting.
If the engine has aluminum heads with a cast-iron block and standard steel valves you can expect lash to loosen up approximately 0.006. If you are running aluminum heads with an iron block and valves with narrow 6mm stems you can expect the lash to loosen up 0.010 to 0.012. And finally, if you are running an all aluminum race engine, the lash can loosen up by as much as 0.015.