Golden Sun Education Stock Market Value
| GSUN Stock | USD 2.83 0.06 2.08% |
| Symbol | Golden |
Golden Sun Education Price To Book Ratio
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Sun. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Sun listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.74) | Earnings Share (2.01) | Revenue Per Share 3.258 | Quarterly Revenue Growth 0.051 | Return On Assets (0.11) |
The market value of Golden Sun Education is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Sun's value that differs from its market value or its book value, called intrinsic value, which is Golden Sun's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Sun's market value can be influenced by many factors that don't directly affect Golden Sun's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Sun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Sun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Sun's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Golden Sun '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 Golden Sun'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 Golden Sun.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Golden Sun on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Golden Sun Education or generate 0.0% return on investment in Golden Sun over 720 days. Golden Sun is related to or competes with TAL Education, Strategic Education, Vasta Platform, Afya, Adtalem Global, Laureate Education, and American Public. Golden Sun Education Group Limited, through its subsidiaries, provides education and management services in the Peoples ... More
Golden Sun 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 Golden Sun'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 Golden Sun Education upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 44.26 | |||
| Value At Risk | (13.92) | |||
| Potential Upside | 11.22 |
Golden Sun Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Golden Sun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Golden Sun's standard deviation. In reality, there are many statistical measures that can use Golden Sun historical prices to predict the future Golden Sun's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (1.04) | |||
| Total Risk Alpha | (1.99) | |||
| Treynor Ratio | (0.52) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Golden Sun'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.
Golden Sun Education Backtested Returns
Golden Sun Education holds Efficiency (Sharpe) Ratio of -0.13, which attests that the entity had a -0.13% return per unit of risk over the last 3 months. Golden Sun Education exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Golden Sun's Risk Adjusted Performance of (0.07), market risk adjusted performance of (0.51), and Standard Deviation of 8.57 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 1.68, which attests to 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, Golden Sun will likely underperform. At this point, Golden Sun Education has a negative expected return of -1.1%. Please make sure to check out Golden Sun's maximum drawdown, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Golden Sun Education performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
Golden Sun Education has average predictability. Overlapping area represents the amount of predictability between Golden Sun time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Golden Sun Education price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Golden Sun price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 3.34 |
Golden Sun Education lagged returns against current returns
Autocorrelation, which is Golden Sun 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 Golden Sun's stock expected returns. We can calculate the autocorrelation of Golden Sun returns to help us make a trade decision. For example, suppose you find that Golden Sun 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 |
Golden Sun 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 Golden Sun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Golden Sun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Golden Sun stock over time.
Current vs Lagged Prices |
| Timeline |
Golden Sun Lagged Returns
When evaluating Golden Sun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Golden Sun stock have on its future price. Golden Sun 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, Golden Sun autocorrelation shows the relationship between Golden Sun stock current value and its past values and can show if there is a momentum factor associated with investing in Golden Sun Education.
Regressed Prices |
| Timeline |
Pair Trading with Golden Sun
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Golden Sun position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Golden Sun will appreciate offsetting losses from the drop in the long position's value.Moving together with Golden Stock
Moving against Golden Stock
| 0.89 | DAO | Youdao Inc | PairCorr |
| 0.85 | QSG | QuantaSing Group | PairCorr |
| 0.75 | TAL | TAL Education Group | PairCorr |
| 0.68 | GHC | Graham Holdings | PairCorr |
| 0.63 | JZ | Jianzhi Education | PairCorr |
The ability to find closely correlated positions to Golden Sun could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Golden Sun when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Golden Sun - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Golden Sun Education to buy it.
The correlation of Golden Sun is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Golden Sun moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Golden Sun Education moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Golden Sun can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Golden Sun Correlation, Golden Sun Volatility and Golden Sun Alpha and Beta module to complement your research on Golden Sun. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Golden Sun technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.