Sunny Electronics (Korea) Probability of Future Stock Price Finishing Under 2310.0
| 004770 Stock | 1,634 1.00 0.06% |
Sunny |
Sunny Electronics Target Price Odds to finish below 2310.0
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 stay under 2,310 after 90 days |
| 1,634 | 90 days | 2,310 | close to 99 |
Based on a normal probability distribution, the odds of Sunny Electronics to stay under 2,310 after 90 days from now is close to 99 (This Sunny Electronics Corp probability density function shows the probability of Sunny Stock to fall within a particular range of prices over 90 days) . Probability of Sunny Electronics Corp price to stay between its current price of 1,634 and 2,310 at the end of the 90-day period is about 7.9 .
Assuming the 90 days trading horizon Sunny Electronics has a beta of 0.1. This suggests as returns on the market go up, Sunny Electronics average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sunny Electronics Corp will be expected to be much smaller as well. Additionally Sunny Electronics Corp has an alpha of 0.0532, implying that it can generate a 0.0532 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 | 0.05 | |
β | Beta against Dow Jones | 0.10 | |
σ | Overall volatility | 31.26 | |
Ir | Information ratio | -0.04 |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sunny Electronics in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sunny Electronics' short interest history, or implied volatility extrapolated from Sunny Electronics options trading.
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.