Risesun Real (China) Market Value
| 002146 Stock | 1.79 0.01 0.56% |
| Symbol | Risesun |
Risesun 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 Risesun 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 Risesun Real.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Risesun Real on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Risesun Real Estate or generate 0.0% return on investment in Risesun Real over 720 days. Risesun Real is related to or competes with PetroChina, China Mobile, CNOOC, Ping An, China Petroleum, China Telecom, and China State. Risesun Real is entity of China. It is traded as Stock on SHE exchange. More
Risesun 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 Risesun 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 Risesun Real Estate upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.33 | |||
| Information Ratio | 0.1315 | |||
| Maximum Drawdown | 20.24 | |||
| Value At Risk | (5.99) | |||
| Potential Upside | 10.06 |
Risesun Real Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Risesun Real's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Risesun Real's standard deviation. In reality, there are many statistical measures that can use Risesun Real historical prices to predict the future Risesun Real's volatility.| Risk Adjusted Performance | 0.1214 | |||
| Jensen Alpha | 0.6319 | |||
| Total Risk Alpha | 0.4257 | |||
| Sortino Ratio | 0.1506 | |||
| Treynor Ratio | 0.4687 |
Risesun Real Estate Backtested Returns
At this point, Risesun Real is dangerous. Risesun Real Estate maintains Sharpe Ratio (i.e., Efficiency) of 0.0248, which implies the firm had a 0.0248% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Risesun Real Estate, which you can use to evaluate the volatility of the company. Please check Risesun Real's Coefficient Of Variation of 702.88, semi deviation of 3.85, and Risk Adjusted Performance of 0.1214 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Risesun Real has a performance score of 1 on a scale of 0 to 100. The company holds a Beta of 1.49, which implies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Risesun Real will likely underperform. Risesun Real Estate right now holds a risk of 4.68%. Please check Risesun Real Estate coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if Risesun Real Estate will be following its historical price patterns.
Auto-correlation | -0.4 |
Poor reverse predictability
Risesun Real Estate has poor reverse predictability. Overlapping area represents the amount of predictability between Risesun Real time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Risesun Real Estate price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Risesun Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Risesun Real Estate lagged returns against current returns
Autocorrelation, which is Risesun 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 Risesun Real's stock expected returns. We can calculate the autocorrelation of Risesun Real returns to help us make a trade decision. For example, suppose you find that Risesun 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 |
Risesun 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 Risesun Real stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Risesun Real stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Risesun Real stock over time.
Current vs Lagged Prices |
| Timeline |
Risesun Real Lagged Returns
When evaluating Risesun Real's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Risesun Real stock have on its future price. Risesun 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, Risesun Real autocorrelation shows the relationship between Risesun Real stock current value and its past values and can show if there is a momentum factor associated with investing in Risesun 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 Risesun Stock
Risesun Real financial ratios help investors to determine whether Risesun 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 Risesun with respect to the benefits of owning Risesun Real security.