SUNRISE RESOURCES (Germany) Market Value
| S4D Stock | EUR 0.0005 0.00 0.00% |
| Symbol | SUNRISE |
SUNRISE RESOURCES '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 SUNRISE RESOURCES'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 SUNRISE RESOURCES.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in SUNRISE RESOURCES on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding SUNRISE RESOURCES or generate 0.0% return on investment in SUNRISE RESOURCES over 720 days. SUNRISE RESOURCES is related to or competes with Apollo Medical, Federal Agricultural, Avanos Medical, SCANDMEDICAL SOLDK, AUST AGRICULTURAL, and UNITED UTILITIES. More
SUNRISE RESOURCES 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 SUNRISE RESOURCES'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 SUNRISE RESOURCES upside and downside potential and time the market with a certain degree of confidence.
SUNRISE RESOURCES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SUNRISE RESOURCES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SUNRISE RESOURCES's standard deviation. In reality, there are many statistical measures that can use SUNRISE RESOURCES historical prices to predict the future SUNRISE RESOURCES's volatility.SUNRISE RESOURCES Backtested Returns
We have found three technical indicators for SUNRISE RESOURCES, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SUNRISE RESOURCES are completely uncorrelated.
Auto-correlation | 0.03 |
Virtually no predictability
SUNRISE RESOURCES has virtually no predictability. Overlapping area represents the amount of predictability between SUNRISE RESOURCES time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 SUNRISE RESOURCES price movement. The serial correlation of 0.03 indicates that only 3.0% of current SUNRISE RESOURCES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SUNRISE RESOURCES lagged returns against current returns
Autocorrelation, which is SUNRISE RESOURCES 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 SUNRISE RESOURCES's stock expected returns. We can calculate the autocorrelation of SUNRISE RESOURCES returns to help us make a trade decision. For example, suppose you find that SUNRISE RESOURCES 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 |
SUNRISE RESOURCES 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 SUNRISE RESOURCES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SUNRISE RESOURCES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SUNRISE RESOURCES stock over time.
Current vs Lagged Prices |
| Timeline |
SUNRISE RESOURCES Lagged Returns
When evaluating SUNRISE RESOURCES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SUNRISE RESOURCES stock have on its future price. SUNRISE RESOURCES 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, SUNRISE RESOURCES autocorrelation shows the relationship between SUNRISE RESOURCES stock current value and its past values and can show if there is a momentum factor associated with investing in SUNRISE RESOURCES.
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 SUNRISE Stock
SUNRISE RESOURCES financial ratios help investors to determine whether SUNRISE 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 SUNRISE with respect to the benefits of owning SUNRISE RESOURCES security.