Suntrust Home (Philippines) Market Value
| SUN Stock | 0.86 0.04 4.44% |
| Symbol | Suntrust |
Suntrust Home '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 Suntrust Home'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 Suntrust Home.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Suntrust Home on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Suntrust Home Developers or generate 0.0% return on investment in Suntrust Home over 30 days. Suntrust Home is related to or competes with Allhome Corp, Jollibee Foods, Monde Nissin, and Benguet Corp. More
Suntrust Home 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 Suntrust Home'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 Suntrust Home Developers upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 12.37 | |||
| Value At Risk | (4.12) | |||
| Potential Upside | 4.3 |
Suntrust Home Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Suntrust Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Suntrust Home's standard deviation. In reality, there are many statistical measures that can use Suntrust Home historical prices to predict the future Suntrust Home's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | 0.8606 |
Suntrust Home Developers Backtested Returns
Suntrust Home Developers owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0092, which indicates the firm had a -0.0092% return per unit of risk over the last 3 months. Suntrust Home Developers exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Suntrust Home's Risk Adjusted Performance of (0.02), variance of 5.69, and Coefficient Of Variation of (3,213) to confirm the risk estimate we provide. The entity has a beta of -0.0979, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Suntrust Home are expected to decrease at a much lower rate. During the bear market, Suntrust Home is likely to outperform the market. At this point, Suntrust Home Developers has a negative expected return of -0.0194%. Please make sure to validate Suntrust Home's potential upside and the relationship between the daily balance of power and relative strength index , to decide if Suntrust Home Developers performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Suntrust Home Developers has modest predictability. Overlapping area represents the amount of predictability between Suntrust Home time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Suntrust Home Developers price movement. The serial correlation of 0.55 indicates that about 55.0% of current Suntrust Home price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Suntrust Home Developers lagged returns against current returns
Autocorrelation, which is Suntrust Home 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 Suntrust Home's stock expected returns. We can calculate the autocorrelation of Suntrust Home returns to help us make a trade decision. For example, suppose you find that Suntrust Home 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 |
Suntrust Home 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 Suntrust Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Suntrust Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Suntrust Home stock over time.
Current vs Lagged Prices |
| Timeline |
Suntrust Home Lagged Returns
When evaluating Suntrust Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Suntrust Home stock have on its future price. Suntrust Home 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, Suntrust Home autocorrelation shows the relationship between Suntrust Home stock current value and its past values and can show if there is a momentum factor associated with investing in Suntrust Home Developers.
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 Suntrust Stock
Suntrust Home financial ratios help investors to determine whether Suntrust 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 Suntrust with respect to the benefits of owning Suntrust Home security.