REDSUN PROPERTIES (Germany) Market Value
| 0RJ Stock | EUR 0 0.0005 16.67% |
| Symbol | REDSUN |
REDSUN PROPERTIES '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 REDSUN PROPERTIES'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 REDSUN PROPERTIES.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in REDSUN PROPERTIES on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding REDSUN PROPERTIES GROUP or generate 0.0% return on investment in REDSUN PROPERTIES over 30 days. REDSUN PROPERTIES is related to or competes with DOCDATA, Datadog, Siamgas, VARIOUS EATERIES, Automatic Data, and Datang International. Redsun Properties Group Limited, together with its subsidiaries, engages in the property development business in the Peo... More
REDSUN PROPERTIES 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 REDSUN PROPERTIES'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 REDSUN PROPERTIES GROUP upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 24.15 | |||
| Information Ratio | 0.1404 | |||
| Maximum Drawdown | 354.17 | |||
| Value At Risk | (33.33) | |||
| Potential Upside | 84.62 |
REDSUN PROPERTIES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for REDSUN PROPERTIES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as REDSUN PROPERTIES's standard deviation. In reality, there are many statistical measures that can use REDSUN PROPERTIES historical prices to predict the future REDSUN PROPERTIES's volatility.| Risk Adjusted Performance | 0.1196 | |||
| Jensen Alpha | 6.55 | |||
| Total Risk Alpha | (0.71) | |||
| Sortino Ratio | 0.2815 | |||
| Treynor Ratio | 2.27 |
REDSUN PROPERTIES Backtested Returns
REDSUN PROPERTIES is out of control given 3 months investment horizon. REDSUN PROPERTIES maintains Sharpe Ratio (i.e., Efficiency) of 0.13, which implies the firm had a 0.13% return per unit of volatility over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 6.52% are justified by taking the suggested risk. Use REDSUN PROPERTIES risk adjusted performance of 0.1196, and Semi Deviation of 15.8 to evaluate company specific risk that cannot be diversified away. REDSUN PROPERTIES holds a performance score of 10 on a scale of zero to a hundred. The company holds a Beta of 3.05, 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, REDSUN PROPERTIES will likely underperform. Use REDSUN PROPERTIES downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to analyze future returns on REDSUN PROPERTIES.
Auto-correlation | -0.41 |
Modest reverse predictability
REDSUN PROPERTIES GROUP has modest reverse predictability. Overlapping area represents the amount of predictability between REDSUN PROPERTIES time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 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 REDSUN PROPERTIES price movement. The serial correlation of -0.41 indicates that just about 41.0% of current REDSUN PROPERTIES price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
REDSUN PROPERTIES lagged returns against current returns
Autocorrelation, which is REDSUN PROPERTIES 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 REDSUN PROPERTIES's stock expected returns. We can calculate the autocorrelation of REDSUN PROPERTIES returns to help us make a trade decision. For example, suppose you find that REDSUN PROPERTIES 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 |
REDSUN PROPERTIES 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 REDSUN PROPERTIES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if REDSUN PROPERTIES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in REDSUN PROPERTIES stock over time.
Current vs Lagged Prices |
| Timeline |
REDSUN PROPERTIES Lagged Returns
When evaluating REDSUN PROPERTIES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of REDSUN PROPERTIES stock have on its future price. REDSUN PROPERTIES 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, REDSUN PROPERTIES autocorrelation shows the relationship between REDSUN PROPERTIES stock current value and its past values and can show if there is a momentum factor associated with investing in REDSUN PROPERTIES GROUP.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in REDSUN Stock
REDSUN PROPERTIES financial ratios help investors to determine whether REDSUN 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 REDSUN with respect to the benefits of owning REDSUN PROPERTIES security.