Sun Art (Germany) Market Value
| SRI Stock | 0.28 0.15 115.38% |
| Symbol | Sun |
Sun Art '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 Art'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 Art.
| 09/26/2024 |
| 12/25/2024 |
Sun Art 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 Art'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 Art Retail upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.48 | |||
| Information Ratio | 0.1932 | |||
| Maximum Drawdown | 38.81 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 13.29 |
Sun Art Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sun Art's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sun Art's standard deviation. In reality, there are many statistical measures that can use Sun Art historical prices to predict the future Sun Art's volatility.| Risk Adjusted Performance | 0.1663 | |||
| Jensen Alpha | 2.89 | |||
| Total Risk Alpha | 2.34 | |||
| Sortino Ratio | 0.313 | |||
| Treynor Ratio | 0.9479 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sun Art'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 Art Retail Backtested Returns
Sun Art is out of control given 3 months investment horizon. Sun Art Retail owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We are able to break down and analyze data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 2.6% are justified by taking the suggested risk. Use Sun Art Retail Semi Deviation of 3.4, coefficient of variation of 509.83, and Risk Adjusted Performance of 0.1663 to evaluate company specific risk that cannot be diversified away. Sun Art holds a performance score of 13 on a scale of zero to a hundred. The entity has a beta of 3.17, which indicates 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, Sun Art will likely underperform. Use Sun Art Retail maximum drawdown and the relationship between the semi variance and price action indicator , to analyze future returns on Sun Art Retail.
Auto-correlation | 0.60 |
Good predictability
Sun Art Retail has good predictability. Overlapping area represents the amount of predictability between Sun Art time series from 26th of September 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Sun Art Retail price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Sun Art price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sun Art Retail lagged returns against current returns
Autocorrelation, which is Sun Art 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 Art's stock expected returns. We can calculate the autocorrelation of Sun Art returns to help us make a trade decision. For example, suppose you find that Sun Art 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 Art 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 Art stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sun Art stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sun Art stock over time.
Current vs Lagged Prices |
| Timeline |
Sun Art Lagged Returns
When evaluating Sun Art's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sun Art stock have on its future price. Sun Art 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 Art autocorrelation shows the relationship between Sun Art stock current value and its past values and can show if there is a momentum factor associated with investing in Sun Art Retail.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sun Stock Analysis
When running Sun Art's price analysis, check to measure Sun Art'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 Art is operating at the current time. Most of Sun Art's value examination focuses on studying past and present price action to predict the probability of Sun Art'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 Art's price. Additionally, you may evaluate how the addition of Sun Art to your portfolios can decrease your overall portfolio volatility.