Sun Residential Real Stock Market Value
| SRES Stock | CAD 0.04 0.01 10.00% |
| 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.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Sun Residential on March 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 Postmedia Network, Toronto Cleantech, Precious Metals, Aya Gold, Gatos Silver, and Osisko Metals. 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.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 21.11 | |||
| Value At Risk | (9.82) | |||
| Potential Upside | 10.88 |
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 | 0.0058 | |||
| Jensen Alpha | 0.0636 | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | 0.028 |
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 Real owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0084, which indicates the firm had a -0.0084% return per unit of risk over the last 3 months. Sun Residential Real exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sun Residential's Risk Adjusted Performance of 0.0058, variance of 21.29, and Coefficient Of Variation of (21,872) to confirm the risk estimate we provide. The entity has a beta of -1.11, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Sun Residential are expected to decrease slowly. On the other hand, during market turmoil, Sun Residential is expected to outperform it slightly. Sun Residential Real has an expected return of -0.0372%. Please make sure to validate Sun Residential potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Sun Residential Real performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Sun Residential Real has no correlation between past and present. Overlapping area represents the amount of predictability between Sun Residential time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 0.0 indicates that just 0.0% of current Sun Residential price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.66 | |
| 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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sun Residential in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sun Residential's short interest history, or implied volatility extrapolated from Sun Residential options trading.
Currently Active Assets on Macroaxis
Check out Sun Residential Correlation, Sun Residential Volatility and Sun Residential Alpha and Beta module to complement your research on Sun Residential. Note that the Sun Residential Real information on this page should be used as a complementary analysis to other Sun Residential's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary 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.
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Sun Residential technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.