Sumitomo Realty Development Stock Market Value
| SURDF Stock | USD 24.39 26.74 52.30% |
| Symbol | Sumitomo |
Sumitomo 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 Sumitomo Realty's pink sheet 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 Sumitomo Realty.
| 01/16/2024 |
| 01/05/2026 |
If you would invest 0.00 in Sumitomo Realty on January 16, 2024 and sell it all today you would earn a total of 0.00 from holding Sumitomo Realty Development or generate 0.0% return on investment in Sumitomo Realty over 720 days. Sumitomo Realty is related to or competes with Daiwa House, China Overseas, Daiwa House, China Overseas, Vantage Towers, CK Asset, and Vantage Towers. Sumitomo Realty Development Co., Ltd. engages in the real estate business in Japan More
Sumitomo 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 Sumitomo Realty's pink sheet 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 Sumitomo Realty Development upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 48.98 | |||
| Information Ratio | 0.1478 | |||
| Maximum Drawdown | 152.95 | |||
| Value At Risk | (48.88) | |||
| Potential Upside | 100.0 |
Sumitomo Realty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sumitomo Realty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sumitomo Realty's standard deviation. In reality, there are many statistical measures that can use Sumitomo Realty historical prices to predict the future Sumitomo Realty's volatility.| Risk Adjusted Performance | 0.1159 | |||
| Jensen Alpha | 5.47 | |||
| Total Risk Alpha | 2.54 | |||
| Sortino Ratio | 0.109 | |||
| Treynor Ratio | (4.08) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sumitomo Realty'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.
Sumitomo Realty Deve Backtested Returns
Sumitomo Realty is risky given 3 months investment horizon. Sumitomo Realty Deve owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14 % return per unit of risk over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 4.88% are justified by taking the suggested risk. Use Sumitomo Realty Deve Risk Adjusted Performance of 0.1159, semi deviation of 16.85, and Coefficient Of Variation of 668.47 to evaluate company specific risk that cannot be diversified away. Sumitomo Realty holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of -1.32, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sumitomo Realty are expected to decrease by larger amounts. On the other hand, during market turmoil, Sumitomo Realty is expected to outperform it. Use Sumitomo Realty Deve downside variance, and the relationship between the treynor ratio and kurtosis , to analyze future returns on Sumitomo Realty Deve.
Auto-correlation | 0.15 |
Insignificant predictability
Sumitomo Realty Development has insignificant predictability. Overlapping area represents the amount of predictability between Sumitomo Realty time series from 16th of January 2024 to 10th of January 2025 and 10th of January 2025 to 5th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sumitomo Realty Deve price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Sumitomo Realty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 38.12 |
Sumitomo Realty Deve lagged returns against current returns
Autocorrelation, which is Sumitomo Realty pink sheet'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 Sumitomo Realty's pink sheet expected returns. We can calculate the autocorrelation of Sumitomo Realty returns to help us make a trade decision. For example, suppose you find that Sumitomo Realty has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Sumitomo 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 Sumitomo Realty pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sumitomo Realty pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sumitomo Realty pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sumitomo Realty Lagged Returns
When evaluating Sumitomo Realty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sumitomo Realty pink sheet have on its future price. Sumitomo 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, Sumitomo Realty autocorrelation shows the relationship between Sumitomo Realty pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sumitomo Realty Development.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sumitomo Pink Sheet
Sumitomo Realty financial ratios help investors to determine whether Sumitomo Pink Sheet 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 Sumitomo with respect to the benefits of owning Sumitomo Realty security.