Sunway Construction (Malaysia) Market Value
| 5263 Stock | 4.40 0.10 2.33% |
| Symbol | Sunway |
Sunway Construction '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 Sunway Construction'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 Sunway Construction.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Sunway Construction on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Sunway Construction Group or generate 0.0% return on investment in Sunway Construction over 360 days. Sunway Construction is related to or competes with Pesona Metro, Ho Hup, and Central Industrial. More
Sunway Construction 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 Sunway Construction'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 Sunway Construction Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.43 | |||
| Information Ratio | 0.064 | |||
| Maximum Drawdown | 13.8 | |||
| Value At Risk | (2.77) | |||
| Potential Upside | 4.36 |
Sunway Construction Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sunway Construction's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sunway Construction's standard deviation. In reality, there are many statistical measures that can use Sunway Construction historical prices to predict the future Sunway Construction's volatility.| Risk Adjusted Performance | 0.0949 | |||
| Jensen Alpha | 0.1969 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0639 | |||
| Treynor Ratio | 0.4235 |
Sunway Construction Backtested Returns
As of now, Sunway Stock is slightly risky. Sunway Construction owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0788, which indicates the firm had a 0.0788% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sunway Construction Group, which you can use to evaluate the volatility of the company. Please validate Sunway Construction's Semi Deviation of 2.04, risk adjusted performance of 0.0949, and Coefficient Of Variation of 867.71 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Sunway Construction has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sunway Construction's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sunway Construction is expected to be smaller as well. Sunway Construction right now has a risk of 2.3%. Please validate Sunway Construction downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Sunway Construction will be following its existing price patterns.
Auto-correlation | 0.36 |
Below average predictability
Sunway Construction Group has below average predictability. Overlapping area represents the amount of predictability between Sunway Construction time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Sunway Construction price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Sunway Construction price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Sunway Construction lagged returns against current returns
Autocorrelation, which is Sunway Construction 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 Sunway Construction's stock expected returns. We can calculate the autocorrelation of Sunway Construction returns to help us make a trade decision. For example, suppose you find that Sunway Construction 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 |
Sunway Construction 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 Sunway Construction stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sunway Construction stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sunway Construction stock over time.
Current vs Lagged Prices |
| Timeline |
Sunway Construction Lagged Returns
When evaluating Sunway Construction's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sunway Construction stock have on its future price. Sunway Construction 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, Sunway Construction autocorrelation shows the relationship between Sunway Construction stock current value and its past values and can show if there is a momentum factor associated with investing in Sunway Construction Group.
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.Other Information on Investing in Sunway Stock
Sunway Construction financial ratios help investors to determine whether Sunway 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 Sunway with respect to the benefits of owning Sunway Construction security.