Sinyi Realty (Taiwan) Market Value
| 9940 Stock | TWD 29.95 0.40 1.35% |
| Symbol | Sinyi |
Sinyi Realty '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 Sinyi Realty'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 Sinyi Realty.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Sinyi Realty on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Sinyi Realty or generate 0.0% return on investment in Sinyi Realty over 720 days. Sinyi Realty is related to or competes with Taiwan Secom, CHC Resources, CTCI Corp, Huaku Development, and Yulon Finance. Sinyi Realty Inc., together with its subsidiaries, engages in the real-estate brokerage and development businesses in Ta... More
Sinyi Realty 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 Sinyi Realty'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 Sinyi Realty upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 6.3 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 1.95 |
Sinyi Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinyi Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinyi Realty's standard deviation. In reality, there are many statistical measures that can use Sinyi Realty historical prices to predict the future Sinyi Realty's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (0.74) |
Sinyi Realty Backtested Returns
Sinyi Realty owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Sinyi Realty exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sinyi Realty's Variance of 1.58, risk adjusted performance of (0.09), and Coefficient Of Variation of (822.30) to confirm the risk estimate we provide. The entity has a beta of 0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sinyi Realty's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sinyi Realty is expected to be smaller as well. At this point, Sinyi Realty has a negative expected return of -0.13%. Please make sure to validate Sinyi Realty's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Sinyi Realty performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
Sinyi Realty has average predictability. Overlapping area represents the amount of predictability between Sinyi Realty time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Sinyi Realty price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Sinyi Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 2.34 |
Sinyi Realty lagged returns against current returns
Autocorrelation, which is Sinyi Realty 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 Sinyi Realty's stock expected returns. We can calculate the autocorrelation of Sinyi Realty returns to help us make a trade decision. For example, suppose you find that Sinyi Realty 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 |
Sinyi Realty 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 Sinyi Realty stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sinyi Realty stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sinyi Realty stock over time.
Current vs Lagged Prices |
| Timeline |
Sinyi Realty Lagged Returns
When evaluating Sinyi Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sinyi Realty stock have on its future price. Sinyi Realty 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, Sinyi Realty autocorrelation shows the relationship between Sinyi Realty stock current value and its past values and can show if there is a momentum factor associated with investing in Sinyi Realty.
Regressed Prices |
| Timeline |
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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.Additional Tools for Sinyi Stock Analysis
When running Sinyi Realty's price analysis, check to measure Sinyi Realty'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 Sinyi Realty is operating at the current time. Most of Sinyi Realty's value examination focuses on studying past and present price action to predict the probability of Sinyi Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinyi Realty's price. Additionally, you may evaluate how the addition of Sinyi Realty to your portfolios can decrease your overall portfolio volatility.