Sun Communities Backtesting

SUI -- USA Stock  

Fiscal Quarter End: December 31, 2019  

With this equity back-testing module your can estimate the performance of a buy and hold strategy of Sun Communities and determine expected loss or profit from investing in Sun Communities over given investment horizon. Also please take a look at Sun Communities Hype Analysis, Sun Communities Correlation, Sun Communities Valuation, Sun Communities Volatility as well as analyze Sun Communities Alpha and Beta and Sun Communities Performance.
Horizon     30 Days    Login   to change
SymbolX
Backtest

Sun Communities 'What if' Analysis

August 24, 2019
0.00
No Change 0.00  0.0 
In 2 months and 31 days
November 22, 2019
0.00
If you would invest  0.00  in Sun Communities on August 24, 2019 and sell it all today you would earn a total of 0.00 from holding Sun Communities or generate 0.0% return on investment in Sun Communities over 90 days. Sun Communities is related to or competes with Equity Lifestyle, Equity Residential, Mid America, BOARDWALK REAL, Essex Property, and American Homes. Sun Communities, Inc. is a REIT that, as of September 30, 2019, owned, operated, or had an interest in a portfolio of 38...

Sun Communities Upside/Downside Indicators

Downside Deviation1.49
Information Ratio0.022
Maximum Drawdown5.61
Value At Risk(2.36)
Potential Upside1.63

Sun Communities Market Premium Indicators

Risk Adjusted Performance0.0734
Jensen Alpha0.1184
Total Risk Alpha(0.028469)
Sortino Ratio0.0175
Treynor Ratio(0.72)

Sun Communities Backtested Returns

We consider Sun Communities very steady. Sun Communities owns Efficiency Ratio (i.e. Sharpe Ratio) of 0.0964 which indicates the firm had 0.0964% of return per unit of risk over the last 3 months. Our philosophy towards measuring volatility of a stock is to use all available market data together with stock specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Sun Communities which you can use to evaluate future volatility of the company. Please validate Sun Communities Coefficient Of Variation of 1020.78, Semi Deviation of 1.3 and Risk Adjusted Performance of 0.0734 to confirm if risk estimate we provide are consistent with the epected return of 0.1168%. Sun Communities has performance score of 6 on a scale of 0 to 100. The entity has beta of -0.1485 which indicates as returns on market increase, returns on owning Sun Communities are expected to decrease at a much smaller rate. During bear market, Sun Communities is likely to outperform the market. Although it is extremely important to respect Sun Communities current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance including all available fundamental and technical indicators. By inspecting Sun Communities technical indicators you can presently evaluate if the expected return of 0.1168% will be sustainable into the future. Sun Communities right now has a risk of 1.2114%. Please validate Sun Communities Variance, Value At Risk as well as the relationship between Value At Risk and Skewness to decide if Sun Communities will be following its existing price patterns.
Advice Volatility Trend Exposure Correlations
15 days auto-correlation 0.24 
correlation synergy

Weak predictability

Sun Communities has weak predictability. Overlapping area represents the amount of predictability between Sun Communities time series from August 24, 2019 to October 8, 2019 and October 8, 2019 to November 22, 2019. 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 Communities price movement. The serial correlation of 0.24 indicates that over 24.0% of current Sun Communities price fluctuation can be explain by its past prices.
Correlation Coefficient0.24
Spearman Rank Test0.32
Residual Average0.0
Price Variance10.89

Sun Communities lagged returns against current returns

 Current and Lagged Values 
      Timeline 

Sun Communities regressed lagged prices vs. current prices

 Current vs Lagged Prices 
      Timeline 

Sun Communities Lagged Returns

 Regressed Prices 
      Timeline 

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Also please take a look at Sun Communities Hype Analysis, Sun Communities Correlation, Sun Communities Valuation, Sun Communities Volatility as well as analyze Sun Communities Alpha and Beta and Sun Communities Performance. Please also try Content Syndication module to quickly integrate customizable finance content to your own investment portal.
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