Sirius Real (UK) Market Value
| SRE Stock | 85.90 0.60 0.69% |
| Symbol | Sirius |
Sirius 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 Sirius 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 Sirius Real.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Sirius Real on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Sirius Real Estate or generate 0.0% return on investment in Sirius Real over 90 days. Sirius Real is related to or competes with Empire Metals, X FAB, Silvercorp Metals, Wheaton Precious, Alfa Financial, Ashtead Technology, and Panther Metals. Sirius Real is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Sirius 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 Sirius 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 Sirius Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 6.64 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 1.9 |
Sirius Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sirius Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sirius Real's standard deviation. In reality, there are many statistical measures that can use Sirius Real historical prices to predict the future Sirius Real's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.41) | |||
| Treynor Ratio | (1.33) |
Sirius Real Estate Backtested Returns
Sirius Real Estate owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Sirius Real Estate exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sirius Real's Risk Adjusted Performance of (0.1), coefficient of variation of (693.50), and Variance of 1.76 to confirm the risk estimate we provide. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sirius Real's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sirius Real is expected to be smaller as well. At this point, Sirius Real Estate has a negative expected return of -0.22%. Please make sure to validate Sirius Real's daily balance of power, price action indicator, and the relationship between the kurtosis and day median price , to decide if Sirius Real Estate performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.59 |
Modest predictability
Sirius Real Estate has modest predictability. Overlapping area represents the amount of predictability between Sirius Real time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Sirius Real Estate price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Sirius Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 4.3 |
Sirius Real Estate lagged returns against current returns
Autocorrelation, which is Sirius 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 Sirius Real's stock expected returns. We can calculate the autocorrelation of Sirius Real returns to help us make a trade decision. For example, suppose you find that Sirius 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 |
Sirius 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 Sirius Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sirius Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sirius Real stock over time.
Current vs Lagged Prices |
| Timeline |
Sirius Real Lagged Returns
When evaluating Sirius Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sirius Real stock have on its future price. Sirius 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, Sirius Real autocorrelation shows the relationship between Sirius Real stock current value and its past values and can show if there is a momentum factor associated with investing in Sirius 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.Other Information on Investing in Sirius Stock
Sirius Real financial ratios help investors to determine whether Sirius 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 Sirius with respect to the benefits of owning Sirius Real security.