Risesun Real (China) Market Value
| 002146 Stock | 2.03 0.03 1.50% |
| 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.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Risesun Real on December 12, 2022 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 BeiGene, Kweichow Moutai, Beijing Roborock, G-bits Network, China Mobile, Jiangsu Bioperfectus, and Changchun High. 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 | 4.34 | |||
| Information Ratio | 0.1265 | |||
| 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 | 0.1271 | |||
| Jensen Alpha | 0.7435 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.1394 | |||
| Treynor Ratio | (8.27) |
Risesun Real Estate Backtested Returns
Risesun Real is dangerous given 3 months investment horizon. Risesun Real Estate maintains Sharpe Ratio (i.e., Efficiency) of 0.21, which implies the firm had a 0.21% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Risesun Real Coefficient Of Variation of 644.08, semi deviation of 3.58, and Risk Adjusted Performance of 0.1271 to evaluate company specific risk that cannot be diversified away. Risesun Real holds a performance score of 16 on a scale of zero to a hundred. The company holds a Beta of -0.0885, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Risesun Real are expected to decrease at a much lower rate. During the bear market, Risesun Real is likely to outperform the market. Use Risesun Real jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to analyze future returns on Risesun Real.
Auto-correlation | -0.31 |
Poor reverse predictability
Risesun Real Estate has poor reverse predictability. Overlapping area represents the amount of predictability between Risesun Real time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 -0.31 indicates that nearly 31.0% of current Risesun Real price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
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.