Sunopta Stock Odds of Future Stock Price Finishing Over 6.13
| STKL Stock | USD 7.79 0.02 0.26% |
SunOpta |
SunOpta Target Price Odds to finish over 6.13
The tendency of SunOpta 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 above $ 6.13 in 90 days |
| 7.79 | 90 days | 6.13 | about 74.09 |
Based on a normal probability distribution, the odds of SunOpta to stay above $ 6.13 in 90 days from now is about 74.09 (This SunOpta probability density function shows the probability of SunOpta Stock to fall within a particular range of prices over 90 days) . Probability of SunOpta price to stay between $ 6.13 and its current price of $7.79 at the end of the 90-day period is about 71.27 .
Given the investment horizon of 90 days SunOpta has a beta of 0.24. This usually implies as returns on the market go up, SunOpta average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding SunOpta will be expected to be much smaller as well. Additionally SunOpta has an alpha of 0.3753, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). SunOpta Price Density |
| Price |
Predictive Modules for SunOpta
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SunOpta. 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.SunOpta Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SunOpta is not an exception. The market had few large corrections towards the SunOpta'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 SunOpta, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SunOpta within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | 0.24 | |
σ | Overall volatility | 0.65 | |
Ir | Information ratio | 0.07 |
SunOpta 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 SunOpta for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SunOpta can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SunOpta appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 630.3 M. Net Loss for the year was (21.91 M) with profit before overhead, payroll, taxes, and interest of 128.55 M. | |
| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: SunOpta Hits New 12-Month High Should You Buy |
SunOpta 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 SunOpta Stock often depends not only on the future outlook of the current and potential SunOpta'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. SunOpta's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 114.2 M | |
| Cash And Short Term Investments | 306 K |
SunOpta Technical Analysis
SunOpta's future price can be derived by breaking down and analyzing its technical indicators over time. SunOpta Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SunOpta. In general, you should focus on analyzing SunOpta Stock price patterns and their correlations with different microeconomic environments and drivers.
SunOpta Predictive Forecast Models
SunOpta's time-series forecasting models is one of many SunOpta'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 SunOpta'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 SunOpta
Checking the ongoing alerts about SunOpta for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SunOpta help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SunOpta appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 630.3 M. Net Loss for the year was (21.91 M) with profit before overhead, payroll, taxes, and interest of 128.55 M. | |
| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: SunOpta Hits New 12-Month High Should You Buy |
Check out SunOpta Backtesting, SunOpta Valuation, SunOpta Correlation, SunOpta Hype Analysis, SunOpta Volatility, SunOpta History as well as SunOpta Performance. For more information on how to buy SunOpta Stock please use our How to buy in SunOpta Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SunOpta. If investors know SunOpta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SunOpta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.799 | Earnings Share (0.07) | Revenue Per Share 6.118 | Quarterly Revenue Growth 0.155 | Return On Assets 0.0306 |
The market value of SunOpta is measured differently than its book value, which is the value of SunOpta that is recorded on the company's balance sheet. Investors also form their own opinion of SunOpta's value that differs from its market value or its book value, called intrinsic value, which is SunOpta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SunOpta's market value can be influenced by many factors that don't directly affect SunOpta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SunOpta's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunOpta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunOpta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.