Sunrun (Germany) Market Value
| 3S9 Stock | EUR 9.20 0.04 0.43% |
| Symbol | Sunrun |
Sunrun '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 Sunrun'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 Sunrun.
| 12/20/2024 |
| 01/19/2025 |
If you would invest 0.00 in Sunrun on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Sunrun Inc or generate 0.0% return on investment in Sunrun over 30 days. Sunrun is related to or competes with BE Semiconductor, Forsys Metals, SALESFORCE INC, Semiconductor Manufacturing, Lamar Advertising, Hua Hong, and Perseus Mining. Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar ener... More
Sunrun 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 Sunrun'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 Sunrun Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 37.29 | |||
| Value At Risk | (7.41) | |||
| Potential Upside | 6.79 |
Sunrun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sunrun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sunrun's standard deviation. In reality, there are many statistical measures that can use Sunrun historical prices to predict the future Sunrun's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.57) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (0.44) |
Sunrun Inc Backtested Returns
Sunrun Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0645, which indicates the firm had a -0.0645% return per unit of risk over the last 3 months. Sunrun Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sunrun's Risk Adjusted Performance of (0.07), coefficient of variation of (1,012), and Variance of 29.01 to confirm the risk estimate we provide. The entity has a beta of 1.23, which indicates 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, Sunrun will likely underperform. At this point, Sunrun Inc has a negative expected return of -0.35%. Please make sure to validate Sunrun's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Sunrun Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.88 |
Excellent reverse predictability
Sunrun Inc has excellent reverse predictability. Overlapping area represents the amount of predictability between Sunrun time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sunrun Inc price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Sunrun price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.31 |
Sunrun Inc lagged returns against current returns
Autocorrelation, which is Sunrun 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 Sunrun's stock expected returns. We can calculate the autocorrelation of Sunrun returns to help us make a trade decision. For example, suppose you find that Sunrun 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 |
Sunrun 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 Sunrun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sunrun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sunrun stock over time.
Current vs Lagged Prices |
| Timeline |
Sunrun Lagged Returns
When evaluating Sunrun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sunrun stock have on its future price. Sunrun 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, Sunrun autocorrelation shows the relationship between Sunrun stock current value and its past values and can show if there is a momentum factor associated with investing in Sunrun Inc.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Sunrun Stock
When determining whether Sunrun Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunrun's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunrun Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunrun Inc Stock:Check out Sunrun Correlation, Sunrun Volatility and Sunrun Alpha and Beta module to complement your research on Sunrun. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Sunrun technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.