Sun Hung Kai Stock Market Value
| SUHJF Stock | USD 10.20 0.71 7.48% |
| Symbol | Sun |
Sun Hung '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 Hung's pink sheet 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 Hung.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Sun Hung on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Sun Hung Kai or generate 0.0% return on investment in Sun Hung over 540 days. Sun Hung is related to or competes with HUMANA, SCOR PK, Thrivent High, Morningstar Unconstrained, SPACE, Via Renewables, and T Rowe. Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and i... More
Sun Hung 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 Hung's pink sheet 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 Hung Kai upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.37 | |||
| Information Ratio | 0.0362 | |||
| Maximum Drawdown | 27.6 | |||
| Value At Risk | (7.31) | |||
| Potential Upside | 5.33 |
Sun Hung Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sun Hung's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sun Hung's standard deviation. In reality, there are many statistical measures that can use Sun Hung historical prices to predict the future Sun Hung's volatility.| Risk Adjusted Performance | 0.0596 | |||
| Jensen Alpha | 0.3154 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0199 | |||
| Treynor Ratio | (0.57) |
Sun Hung Kai Backtested Returns
At this point, Sun Hung is slightly risky. Sun Hung Kai owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0461, which indicates the firm had a 0.0461% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sun Hung Kai, which you can use to evaluate the volatility of the company. Please validate Sun Hung's Semi Deviation of 3.32, coefficient of variation of 1487.84, and Risk Adjusted Performance of 0.0596 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Sun Hung has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sun Hung are expected to decrease at a much lower rate. During the bear market, Sun Hung is likely to outperform the market. Sun Hung Kai right now has a risk of 4.11%. Please validate Sun Hung semi variance, and the relationship between the maximum drawdown and daily balance of power , to decide if Sun Hung will be following its existing price patterns.
Auto-correlation | 0.44 |
Average predictability
Sun Hung Kai has average predictability. Overlapping area represents the amount of predictability between Sun Hung time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 Hung Kai price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Sun Hung price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Sun Hung Kai lagged returns against current returns
Autocorrelation, which is Sun Hung pink sheet'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 Hung's pink sheet expected returns. We can calculate the autocorrelation of Sun Hung returns to help us make a trade decision. For example, suppose you find that Sun Hung has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Hung 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 Hung pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sun Hung pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sun Hung pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sun Hung Lagged Returns
When evaluating Sun Hung's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sun Hung pink sheet have on its future price. Sun Hung 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 Hung autocorrelation shows the relationship between Sun Hung pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sun Hung Kai.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sun Pink Sheet
Sun Hung financial ratios help investors to determine whether Sun Pink Sheet 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 Sun with respect to the benefits of owning Sun Hung security.