Resilient Property (South Africa) Market Value
| RES Stock | 5,977 42.00 0.71% |
| Symbol | Resilient |
Resilient Property '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 Resilient Property'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 Resilient Property.
| 09/04/2024 |
| 12/03/2024 |
If you would invest 0.00 in Resilient Property on September 4, 2024 and sell it all today you would earn a total of 0.00 from holding Resilient Property Income or generate 0.0% return on investment in Resilient Property over 90 days. Resilient Property is related to or competes with Vukile Property, Sabvest Capital, and Growthpoint Properties. More
Resilient Property 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 Resilient Property'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 Resilient Property Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 4.77 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 1.63 |
Resilient Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Resilient Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Resilient Property's standard deviation. In reality, there are many statistical measures that can use Resilient Property historical prices to predict the future Resilient Property's volatility.| Risk Adjusted Performance | 0.0915 | |||
| Jensen Alpha | 0.1239 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (1.00) |
Resilient Property Income Backtested Returns
At this point, Resilient Property is very steady. Resilient Property Income maintains Sharpe Ratio (i.e., Efficiency) of 0.11, which implies the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Resilient Property Income, which you can use to evaluate the volatility of the company. Please check Resilient Property's Semi Deviation of 0.9474, coefficient of variation of 860.24, and Risk Adjusted Performance of 0.0915 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. Resilient Property has a performance score of 8 on a scale of 0 to 100. The company holds a Beta of -0.11, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Resilient Property are expected to decrease at a much lower rate. During the bear market, Resilient Property is likely to outperform the market. Resilient Property Income right now holds a risk of 1.05%. Please check Resilient Property Income treynor ratio, downside variance, kurtosis, as well as the relationship between the value at risk and expected short fall , to decide if Resilient Property Income will be following its historical price patterns.
Auto-correlation | -0.54 |
Good reverse predictability
Resilient Property Income has good reverse predictability. Overlapping area represents the amount of predictability between Resilient Property time series from 4th of September 2024 to 19th of October 2024 and 19th of October 2024 to 3rd 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 Resilient Property Income price movement. The serial correlation of -0.54 indicates that about 54.0% of current Resilient Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 15.5 K |
Resilient Property Income lagged returns against current returns
Autocorrelation, which is Resilient Property 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 Resilient Property's stock expected returns. We can calculate the autocorrelation of Resilient Property returns to help us make a trade decision. For example, suppose you find that Resilient Property 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 |
Resilient Property 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 Resilient Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Resilient Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Resilient Property stock over time.
Current vs Lagged Prices |
| Timeline |
Resilient Property Lagged Returns
When evaluating Resilient Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Resilient Property stock have on its future price. Resilient Property 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, Resilient Property autocorrelation shows the relationship between Resilient Property stock current value and its past values and can show if there is a momentum factor associated with investing in Resilient Property Income.
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 Resilient Stock
Resilient Property financial ratios help investors to determine whether Resilient 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 Resilient with respect to the benefits of owning Resilient Property security.