Sunrise New Energy Stock Probability of Future Stock Price Finishing Over 1.06
| EPOW Stock | USD 0.79 0 0.51% |
Sunrise |
Sunrise New Target Price Odds to finish over 1.06
The tendency of Sunrise 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 over $ 1.06 or more in 90 days |
| 0.79 | 90 days | 1.06 | about 14.57 |
Based on a normal probability distribution, the odds of Sunrise New to move over $ 1.06 or more in 90 days from now is about 14.57 (This Sunrise New Energy probability density function shows the probability of Sunrise Stock to fall within a particular range of prices over 90 days) . Probability of Sunrise New Energy price to stay between its current price of $ 0.79 and $ 1.06 at the end of the 90-day period is about 83.68 .
Given the investment horizon of 90 days Sunrise New has a beta of 0.55 suggesting as returns on the market go up, Sunrise New average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Sunrise New Energy will be expected to be much smaller as well. Additionally Sunrise New Energy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. Sunrise New Price Density |
| Price |
Predictive Modules for Sunrise New
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunrise New Energy. 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.Sunrise New Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunrise New is not an exception. The market had few large corrections towards the Sunrise New'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 Sunrise New Energy, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunrise New within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | 0.55 | |
σ | Overall volatility | 0.09 | |
Ir | Information ratio | -0.05 |
Sunrise New 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 Sunrise New for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sunrise New Energy can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sunrise New Energy generated a negative expected return over the last 90 days | |
| Sunrise New Energy has high historical volatility and very poor performance | |
| Sunrise New Energy has some characteristics of a very speculative penny stock | |
| Sunrise New Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 45.05 M. Net Loss for the year was (24.23 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sunrise New Energy currently holds about 19.88 M in cash with (7.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Sunrise Sunrise Reports Strong Sales Growth Driven by Leading EV and Energy Storage Customers |
Sunrise New 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 Sunrise Stock often depends not only on the future outlook of the current and potential Sunrise New'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. Sunrise New's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 25.6 M | |
| Cash And Short Term Investments | 3.6 M |
Sunrise New Technical Analysis
Sunrise New's future price can be derived by breaking down and analyzing its technical indicators over time. Sunrise Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sunrise New Energy. In general, you should focus on analyzing Sunrise Stock price patterns and their correlations with different microeconomic environments and drivers.
Sunrise New Predictive Forecast Models
Sunrise New's time-series forecasting models is one of many Sunrise New'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 Sunrise New'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 Sunrise New Energy
Checking the ongoing alerts about Sunrise New for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sunrise New Energy help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sunrise New Energy generated a negative expected return over the last 90 days | |
| Sunrise New Energy has high historical volatility and very poor performance | |
| Sunrise New Energy has some characteristics of a very speculative penny stock | |
| Sunrise New Energy has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the previous year's revenue of 45.05 M. Net Loss for the year was (24.23 M) with profit before overhead, payroll, taxes, and interest of 0. | |
| Sunrise New Energy currently holds about 19.88 M in cash with (7.28 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.81, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Roughly 34.0% of the company shares are held by company insiders | |
| Latest headline from gurufocus.com: Sunrise Sunrise Reports Strong Sales Growth Driven by Leading EV and Energy Storage Customers |
Additional Tools for Sunrise Stock Analysis
When running Sunrise New's price analysis, check to measure Sunrise New'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 Sunrise New is operating at the current time. Most of Sunrise New's value examination focuses on studying past and present price action to predict the probability of Sunrise New's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunrise New's price. Additionally, you may evaluate how the addition of Sunrise New to your portfolios can decrease your overall portfolio volatility.