Sino Land (Germany) Market Value
| SNO Stock | EUR 0.97 0.02 2.11% |
| Symbol | Sino |
Sino Land '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 Sino Land'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 Sino Land.
| 11/20/2023 |
| 12/14/2024 |
If you would invest 0.00 in Sino Land on November 20, 2023 and sell it all today you would earn a total of 0.00 from holding Sino Land or generate 0.0% return on investment in Sino Land over 390 days. Sino Land is related to or competes with Siamgas, Shin Etsu, Nissan Chemical, Entravision Communications, Zoom Video, Iridium Communications, and SEKISUI CHEMICAL. Sino Land Company Limited, an investment holding company, invests in, develops, manages, and trades in properties More
Sino Land 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 Sino Land'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 Sino Land upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.86 | |||
| Information Ratio | 0.1444 | |||
| Maximum Drawdown | 58.99 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 3.85 |
Sino Land Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sino Land's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sino Land's standard deviation. In reality, there are many statistical measures that can use Sino Land historical prices to predict the future Sino Land's volatility.| Risk Adjusted Performance | 0.1237 | |||
| Jensen Alpha | 1.14 | |||
| Total Risk Alpha | 0.2359 | |||
| Sortino Ratio | 0.3666 | |||
| Treynor Ratio | (437.49) |
Sino Land Backtested Returns
Sino Land is out of control given 3 months investment horizon. Sino Land owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.11% are justified by taking the suggested risk. Use Sino Land Semi Deviation of 1.5, risk adjusted performance of 0.1237, and Coefficient Of Variation of 632.21 to evaluate company specific risk that cannot be diversified away. Sino Land holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of -0.0026, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sino Land are expected to decrease at a much lower rate. During the bear market, Sino Land is likely to outperform the market. Use Sino Land potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to analyze future returns on Sino Land.
Auto-correlation | 0.75 |
Good predictability
Sino Land has good predictability. Overlapping area represents the amount of predictability between Sino Land time series from 20th of November 2023 to 2nd of June 2024 and 2nd of June 2024 to 14th 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 Sino Land price movement. The serial correlation of 0.75 indicates that around 75.0% of current Sino Land price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Sino Land lagged returns against current returns
Autocorrelation, which is Sino Land 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 Sino Land's stock expected returns. We can calculate the autocorrelation of Sino Land returns to help us make a trade decision. For example, suppose you find that Sino Land 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 |
Sino Land 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 Sino Land stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sino Land stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sino Land stock over time.
Current vs Lagged Prices |
| Timeline |
Sino Land Lagged Returns
When evaluating Sino Land's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sino Land stock have on its future price. Sino Land 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, Sino Land autocorrelation shows the relationship between Sino Land stock current value and its past values and can show if there is a momentum factor associated with investing in Sino Land.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sino Stock
Sino Land financial ratios help investors to determine whether Sino 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 Sino with respect to the benefits of owning Sino Land security.