Sunny Loan (China) Market Value
| 600830 Stock | 9.22 0.30 3.15% |
| Symbol | Sunny |
Sunny Loan '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 Sunny Loan'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 Sunny Loan.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in Sunny Loan on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Sunny Loan Top or generate 0.0% return on investment in Sunny Loan over 60 days. Sunny Loan is related to or competes with StarPower Semiconductor, Southchip Semiconductor, Shanghai Shuixing, Mengtian Home, Suofeiya Home, Yuanjie Semiconductor, and Suzhou Oriental. More
Sunny Loan 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 Sunny Loan'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 Sunny Loan Top upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 19.99 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 4.83 |
Sunny Loan Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sunny Loan's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sunny Loan's standard deviation. In reality, there are many statistical measures that can use Sunny Loan historical prices to predict the future Sunny Loan's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (1.17) |
Sunny Loan Top Backtested Returns
Sunny Loan Top 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. Sunny Loan Top exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sunny Loan's Coefficient Of Variation of (1,552), risk adjusted performance of (0.04), and Variance of 10.12 to confirm the risk estimate we provide. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sunny Loan's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sunny Loan is expected to be smaller as well. At this point, Sunny Loan Top has a negative expected return of -0.21%. Please make sure to validate Sunny Loan's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Sunny Loan Top performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.47 |
Modest reverse predictability
Sunny Loan Top has modest reverse predictability. Overlapping area represents the amount of predictability between Sunny Loan time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd of March 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 Sunny Loan Top price movement. The serial correlation of -0.47 indicates that about 47.0% of current Sunny Loan price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Sunny Loan Top lagged returns against current returns
Autocorrelation, which is Sunny Loan 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 Sunny Loan's stock expected returns. We can calculate the autocorrelation of Sunny Loan returns to help us make a trade decision. For example, suppose you find that Sunny Loan 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 |
Sunny Loan 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 Sunny Loan stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sunny Loan stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sunny Loan stock over time.
Current vs Lagged Prices |
| Timeline |
Sunny Loan Lagged Returns
When evaluating Sunny Loan's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sunny Loan stock have on its future price. Sunny Loan 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, Sunny Loan autocorrelation shows the relationship between Sunny Loan stock current value and its past values and can show if there is a momentum factor associated with investing in Sunny Loan Top.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sunny Stock
Sunny Loan financial ratios help investors to determine whether Sunny 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 Sunny with respect to the benefits of owning Sunny Loan security.