Sunny Optical (UK) Probability of Future Stock Price Finishing Under 50.92
| 0Z4I Stock | 58.90 0.90 1.55% |
Sunny |
Sunny Optical Target Price Odds to finish below 50.92
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 drop to 50.92 or more in 90 days |
| 58.90 | 90 days | 50.92 | about 46.88 |
Based on a normal probability distribution, the odds of Sunny Optical to drop to 50.92 or more in 90 days from now is about 46.88 (This Sunny Optical Technology probability density function shows the probability of Sunny Stock to fall within a particular range of prices over 90 days) . Probability of Sunny Optical Technology price to stay between 50.92 and its current price of 58.9 at the end of the 90-day period is about 46.68 .
Assuming the 90 days trading horizon Sunny Optical has a beta of 0.76. This suggests as returns on the market go up, Sunny Optical average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sunny Optical Technology will be expected to be much smaller as well. Additionally Sunny Optical Technology has an alpha of 0.2906, implying that it can generate a 0.29 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sunny Optical Price Density |
| Price |
Predictive Modules for Sunny Optical
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 Optical Technology. 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 Optical Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunny Optical is not an exception. The market had few large corrections towards the Sunny Optical's 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 Optical Technology, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunny Optical within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.29 | |
β | Beta against Dow Jones | 0.76 | |
σ | Overall volatility | 4.97 | |
Ir | Information ratio | 0.07 |
Sunny Optical 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 Optical for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sunny Optical Technology 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 Optical had very high historical volatility over the last 90 days | |
| About 39.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Sunny Optical Sees Diverse Growth in October Shipments - TipRanks |
Sunny Optical Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Sunny Stock often depends not only on the future outlook of the current and potential Sunny Optical's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Sunny Optical's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 1.1 B | |
| Cash And Short Term Investments | 21.5 B |
Sunny Optical Technical Analysis
Sunny Optical's 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 Optical Technology. In general, you should focus on analyzing Sunny Stock price patterns and their correlations with different microeconomic environments and drivers.
Sunny Optical Predictive Forecast Models
Sunny Optical's time-series forecasting models is one of many Sunny Optical's 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 Optical's 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 Optical Technology
Checking the ongoing alerts about Sunny Optical for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sunny Optical Technology help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sunny Optical had very high historical volatility over the last 90 days | |
| About 39.0% of the company shares are owned by insiders or employees | |
| Latest headline from news.google.com: Sunny Optical Sees Diverse Growth in October Shipments - TipRanks |
Additional Tools for Sunny Stock Analysis
When running Sunny Optical's price analysis, check to measure Sunny Optical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sunny Optical is operating at the current time. Most of Sunny Optical's value examination focuses on studying past and present price action to predict the probability of Sunny Optical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunny Optical's price. Additionally, you may evaluate how the addition of Sunny Optical to your portfolios can decrease your overall portfolio volatility.