Risesun Real's market value is the price at which a share of Risesun Real trades on a public exchange. It measures the collective expectations of Risesun Real Estate investors about its performance. Risesun Real is trading at 1.65 as of the 31st of December 2024, a 3.51 percent decrease since the beginning of the trading day. The stock's open price was 1.71. With this module, you can estimate the performance of a buy and hold strategy of Risesun Real Estate and determine expected loss or profit from investing in Risesun Real over a given investment horizon. Check out Risesun Real Correlation, Risesun Real Volatility and Risesun Real Alpha and Beta module to complement your research on Risesun Real.
Please note, there is a significant difference between Risesun Real's value and its price as these two are different measures arrived at by different means. Investors typically determine if Risesun Real is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Risesun Real'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.
Risesun Real '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 Risesun Real'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 Risesun Real.
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12/01/2024
No Change 0.00
0.0
In 31 days
12/31/2024
0.00
If you would invest 0.00 in Risesun Real on December 1, 2024 and sell it all today you would earn a total of 0.00 from holding Risesun Real Estate or generate 0.0% return on investment in Risesun Real over 30 days. Risesun Real is related to or competes with China Mobile, Wuhan Yangtze, Smartgiant Technology, Hubei Yingtong, Soyea Technology, Olympic Circuit, and Kuangda Technology. Risesun Real is entity of China. It is traded as Stock on SHE exchange. More
Risesun Real 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 Risesun Real'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 Risesun Real Estate upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Risesun Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Risesun Real's standard deviation. In reality, there are many statistical measures that can use Risesun Real historical prices to predict the future Risesun Real's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Risesun Real. Your research has to be compared to or analyzed against Risesun Real's peers to derive any actionable benefits. When done correctly, Risesun Real's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Risesun Real Estate.
Risesun Real Estate Backtested Returns
Risesun Real Estate maintains Sharpe Ratio (i.e., Efficiency) of -0.0134, which implies the firm had a -0.0134% return per unit of risk over the last 3 months. Risesun Real Estate exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Risesun Real's Semi Deviation of 3.87, risk adjusted performance of 0.1087, and Coefficient Of Variation of 803.53 to confirm the risk estimate we provide. The company holds a Beta of 1.45, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Risesun Real will likely underperform. At this point, Risesun Real Estate has a negative expected return of -0.0629%. Please make sure to check Risesun Real's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Risesun Real Estate performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.5
Modest reverse predictability
Risesun Real Estate has modest reverse predictability. Overlapping area represents the amount of predictability between Risesun Real time series from 1st of December 2024 to 16th of December 2024 and 16th of December 2024 to 31st of December 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 Risesun Real Estate price movement. The serial correlation of -0.5 indicates that about 50.0% of current Risesun Real price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.5
Spearman Rank Test
-0.41
Residual Average
0.0
Price Variance
0.02
Risesun Real Estate lagged returns against current returns
Autocorrelation, which is Risesun Real 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 Risesun Real's stock expected returns. We can calculate the autocorrelation of Risesun Real returns to help us make a trade decision. For example, suppose you find that Risesun Real 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
Risesun Real 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 Risesun Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Risesun Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Risesun Real stock over time.
Current vs Lagged Prices
Timeline
Risesun Real Lagged Returns
When evaluating Risesun Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Risesun Real stock have on its future price. Risesun Real 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, Risesun Real autocorrelation shows the relationship between Risesun Real stock current value and its past values and can show if there is a momentum factor associated with investing in Risesun Real Estate.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Risesun Real financial ratios help investors to determine whether Risesun 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 Risesun with respect to the benefits of owning Risesun Real security.