Sunoco Lp Stock Price on September 30, 2023
| SUN Stock | USD 54.63 0.44 0.81% |
If you're considering investing in Sunoco Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sunoco LP stands at 54.63, as last reported on the 29th of November, with the highest price reaching 55.18 and the lowest price hitting 54.07 during the day. As of now, Sunoco Stock is very steady. Sunoco LP owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0629, which indicates the firm had a 0.0629% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sunoco LP, which you can use to evaluate the volatility of the company. Please validate Sunoco LP's Risk Adjusted Performance of 0.0324, semi deviation of 1.06, and Coefficient Of Variation of 2697.1 to confirm if the risk estimate we provide is consistent with the expected return of 0.0787%.
Sunoco Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sunoco |
Sharpe Ratio = 0.0629
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Estimated Market Risk
| 1.25 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average Sunoco LP is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sunoco LP by adding it to a well-diversified portfolio.
Sunoco LP Valuation on September 30, 2023
It is possible to determine the worth of Sunoco LP on a given historical date. On September 30, 2023 Sunoco was worth 46.56 at the beginning of the trading date compared to the closed value of 45.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunoco LP stock. Still, in general, we apply an absolute valuation method to find Sunoco LP's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sunoco LP where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunoco LP's related companies.
| Open | High | Low | Close | Volume | |
| 44.77 | 47.89 | 44.36 | 47.31 | 1,934,150 | |
09/29/2023 | 46.56 | 46.56 | 45.11 | 45.21 | 869,681 |
| 45.15 | 45.30 | 43.83 | 44.18 | 612,921 |
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Sunoco LP Trading Date Momentum on September 30, 2023
| On October 02 2023 Sunoco LP was traded for 44.18 at the closing time. Highest Sunoco LP's price during the trading hours was 45.30 and the lowest price during the day was 43.83 . The net volume was 612.9 K. The overall trading history on the 2nd of October contributed to the next trading period price depreciation. The trading price change to the next next day price was 2.28% . The trading price change to current price is 0.22% . |
Sunoco LP Fundamentals Correlations and Trends
By evaluating Sunoco LP's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sunoco LP's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunoco financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sunoco LP Stock history
Sunoco LP investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sunoco is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunoco LP will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sunoco LP stock prices may prove useful in developing a viable investing in Sunoco LP
Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States. Sunoco LP was founded in 1886 and is headquartered in Dallas, Texas. Sunoco LP operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. It employs 2225 people.
Sunoco LP Stock Technical Analysis
Sunoco LP technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Sunoco LP Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
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Sunoco LP November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sunoco LP stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sunoco LP shares will generate the highest return on investment. By undertsting and applying Sunoco LP stock market strength indicators, traders can identify Sunoco LP entry and exit signals to maximize returns
Sunoco LP Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sunoco LP's price direction in advance. Along with the technical and fundamental analysis of Sunoco Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunoco to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0324 | |||
| Jensen Alpha | 0.0572 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.21) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sunoco LP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment. To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Petroleum and Natural Gas 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 Sunoco LP. If investors know Sunoco 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 Sunoco LP listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sunoco LP is measured differently than its book value, which is the value of Sunoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sunoco LP's value that differs from its market value or its book value, called intrinsic value, which is Sunoco LP'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 Sunoco LP's market value can be influenced by many factors that don't directly affect Sunoco LP'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 Sunoco LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunoco LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunoco LP'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.