Sunworks Odds of Future Stock Price Finishing Over 1.539
| SUNWDelisted Stock | USD 1.62 0.08 4.71% |
Sunworks |
Sunworks Target Price Odds to finish over 1.539
The tendency of Sunworks 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 $ 1.54 in 90 days |
| 1.62 | 90 days | 1.54 | about 7.97 |
Based on a normal probability distribution, the odds of Sunworks to stay above $ 1.54 in 90 days from now is about 7.97 (This Sunworks probability density function shows the probability of Sunworks Stock to fall within a particular range of prices over 90 days) . Probability of Sunworks price to stay between $ 1.54 and its current price of $1.62 at the end of the 90-day period is under 4.
Given the investment horizon of 90 days Sunworks has a beta of -2.97. This usually implies as returns on its benchmark rise, returns on holding Sunworks are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Sunworks is expected to outperform its benchmark. Moreover Sunworks has an alpha of 1.1376, implying that it can generate a 1.14 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Sunworks Price Density |
| Price |
Predictive Modules for Sunworks
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Sunworks. 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.Sunworks Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Sunworks is not an exception. The market had few large corrections towards the Sunworks' 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 Sunworks, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Sunworks within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 1.14 | |
β | Beta against Dow Jones | -2.97 | |
σ | Overall volatility | 0.27 | |
Ir | Information ratio | 0.09 |
Sunworks 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 Sunworks for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Sunworks can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Sunworks is not yet fully synchronised with the market data | |
| Sunworks may become a speculative penny stock | |
| Sunworks has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 154.86 M. Net Loss for the year was (62.5 M) with profit before overhead, payroll, taxes, and interest of 71.31 M. | |
| Sunworks currently holds about 12.07 M in cash with (26.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37. |
Sunworks 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 Sunworks Stock often depends not only on the future outlook of the current and potential Sunworks' 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. Sunworks' indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 32.8 M | |
| Cash And Short Term Investments | 7.8 M |
Sunworks Technical Analysis
Sunworks' future price can be derived by breaking down and analyzing its technical indicators over time. Sunworks Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sunworks. In general, you should focus on analyzing Sunworks Stock price patterns and their correlations with different microeconomic environments and drivers.
Sunworks Predictive Forecast Models
Sunworks' time-series forecasting models is one of many Sunworks' 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 Sunworks' 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 Sunworks
Checking the ongoing alerts about Sunworks for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Sunworks help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Sunworks is not yet fully synchronised with the market data | |
| Sunworks may become a speculative penny stock | |
| Sunworks has a very high chance of going through financial distress in the upcoming years | |
| The company reported the previous year's revenue of 154.86 M. Net Loss for the year was (62.5 M) with profit before overhead, payroll, taxes, and interest of 71.31 M. | |
| Sunworks currently holds about 12.07 M in cash with (26.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.37. |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Other Consideration for investing in Sunworks Stock
If you are still planning to invest in Sunworks check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Sunworks' history and understand the potential risks before investing.
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