Sun Residential Real Stock Market Value
| SRES Stock | CAD 0.05 0.00 0.00% |
| Symbol | Sun |
Sun Residential '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 Sun Residential'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 Sun Residential.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in Sun Residential on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sun Residential Real or generate 0.0% return on investment in Sun Residential over 30 days. Sun Residential is related to or competes with JPMorgan Chase, Bank of America, Toronto Dominion, Royal Bank, Royal Bank, Royal Bank, and Royal Bank. Sun Residential Real Estate Investment Trust is an unincorporated open-ended real estate investment trust established pu... More
Sun Residential 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 Sun Residential'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 Sun Residential Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.84 | |||
| Information Ratio | 0.0534 | |||
| Maximum Drawdown | 23.61 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 12.5 |
Sun Residential Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sun Residential's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sun Residential's standard deviation. In reality, there are many statistical measures that can use Sun Residential historical prices to predict the future Sun Residential's volatility.| Risk Adjusted Performance | 0.0581 | |||
| Jensen Alpha | 0.3339 | |||
| Total Risk Alpha | 0.086 | |||
| Sortino Ratio | 0.0231 | |||
| Treynor Ratio | (0.43) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sun Residential's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sun Residential Real Backtested Returns
Sun Residential appears to be out of control, given 3 months investment horizon. Sun Residential Real owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0636, which indicates the firm had a 0.0636% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Sun Residential Real, which you can use to evaluate the volatility of the company. Please review Sun Residential's Risk Adjusted Performance of 0.0581, coefficient of variation of 1608.58, and Semi Deviation of 3.46 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sun Residential holds a performance score of 5. The entity has a beta of -0.72, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sun Residential are expected to decrease at a much lower rate. During the bear market, Sun Residential is likely to outperform the market. Please check Sun Residential's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Sun Residential's existing price patterns will revert.
Auto-correlation | -0.4 |
Poor reverse predictability
Sun Residential Real has poor reverse predictability. Overlapping area represents the amount of predictability between Sun Residential time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 Sun Residential Real price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Sun Residential price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sun Residential Real lagged returns against current returns
Autocorrelation, which is Sun Residential 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 Sun Residential's stock expected returns. We can calculate the autocorrelation of Sun Residential returns to help us make a trade decision. For example, suppose you find that Sun Residential 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 |
Sun Residential 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 Sun Residential stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sun Residential stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sun Residential stock over time.
Current vs Lagged Prices |
| Timeline |
Sun Residential Lagged Returns
When evaluating Sun Residential's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sun Residential stock have on its future price. Sun Residential 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, Sun Residential autocorrelation shows the relationship between Sun Residential stock current value and its past values and can show if there is a momentum factor associated with investing in Sun Residential Real.
Regressed Prices |
| Timeline |
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Additional Tools for Sun Stock Analysis
When running Sun Residential's price analysis, check to measure Sun Residential's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sun Residential is operating at the current time. Most of Sun Residential's value examination focuses on studying past and present price action to predict the probability of Sun Residential's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Residential's price. Additionally, you may evaluate how the addition of Sun Residential to your portfolios can decrease your overall portfolio volatility.