Sunny Electronics (Korea) Probability of Future Stock Price Finishing Over 2,369
| 004770 Stock | 2,595 300.00 13.07% |
Sunny |
Sunny Electronics Target Price Odds to finish over 2,369
The tendency of Sunny Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 2,595 | 90 days | 2,595 | near 1 |
Based on a normal probability distribution, the odds of Sunny Electronics to move above the current price in 90 days from now is near 1 (This Sunny Electronics Corp probability density function shows the probability of Sunny Stock to fall within a particular range of prices over 90 days) .
Assuming the 90 days trading horizon Sunny Electronics Corp has a beta of -0.3. This suggests as returns on the benchmark increase, returns on holding Sunny Electronics are expected to decrease at a much lower rate. During a bear market, however, Sunny Electronics Corp is likely to outperform the market. Additionally Sunny Electronics Corp has an alpha of 0.849, implying that it can generate a 0.85 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sunny Electronics Price Density |
| Price |
Predictive Modules for Sunny Electronics
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunny Electronics Corp. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sunny Electronics Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunny Electronics is not an exception. The market had few large corrections towards the Sunny Electronics' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Sunny Electronics Corp, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunny Electronics within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.85 | |
β | Beta against Dow Jones | -0.3 | |
σ | Overall volatility | 156.28 | |
Ir | Information ratio | 0.15 |
Sunny Electronics Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Sunny Electronics for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sunny Electronics Corp can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sunny Electronics appears to be risky and price may revert if volatility continues |
Sunny Electronics Technical Analysis
Sunny Electronics' future price can be derived by breaking down and analyzing its technical indicators over time. Sunny Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sunny Electronics Corp. In general, you should focus on analyzing Sunny Stock price patterns and their correlations with different microeconomic environments and drivers.
Sunny Electronics Predictive Forecast Models
Sunny Electronics' time-series forecasting models is one of many Sunny Electronics' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Sunny Electronics' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Sunny Electronics Corp
Checking the ongoing alerts about Sunny Electronics for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sunny Electronics Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sunny Electronics appears to be risky and price may revert if volatility continues |
Other Information on Investing in Sunny Stock
Sunny Electronics financial ratios help investors to determine whether Sunny 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 Sunny with respect to the benefits of owning Sunny Electronics security.