Sunworks Price on July 11, 2023
SUNWDelisted Stock | USD 1.62 0.08 4.71% |
If you're considering investing in Sunworks Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sunworks stands at 1.62, as last reported on the 29th of November, with the highest price reaching 1.70 and the lowest price hitting 1.56 during the day. We have found twenty-nine technical indicators for Sunworks, which you can use to evaluate the volatility of the company. Please validate Sunworks' Risk Adjusted Performance of 0.0892, coefficient of variation of 954.68, and Semi Deviation of 5.75 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%.
Sunworks Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sunworks |
Sharpe Ratio = 0.0
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Based on monthly moving average Sunworks is not performing at its full potential. However, 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 Sunworks by adding Sunworks to a well-diversified portfolio.
Sunworks Valuation on July 11, 2023
It is possible to determine the worth of Sunworks on a given historical date. On July 11, 2023 Sunworks was worth 1.14 at the beginning of the trading date compared to the closed value of 1.12. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sunworks stock. Still, in general, we apply an absolute valuation method to find Sunworks' 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 Sunworks where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sunworks' related companies.
Open | High | Low | Close | Volume | |
1.08 | 1.14 | 1.04 | 1.14 | 623,999 | |
07/11/2023 | 1.14 | 1.15 | 1.09 | 1.12 | 761,438 |
1.16 | 1.30 | 1.16 | 1.30 | 1,839,110 |
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Sunworks Trading Date Momentum on July 11, 2023
On July 12 2023 Sunworks was traded for 1.30 at the closing time. The top price for the day was 1.30 and the lowest listed price was 1.16 . The trading volume for the day was 1.8 M. The trading history from July 12, 2023 was a factor to the next trading day price increase. The trading price change against the next closing price was 16.07% . The trading price change against the current closing price is 50.00% . |
Sunworks Fundamentals Correlations and Trends
By evaluating Sunworks' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sunworks' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sunworks financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sunworks Stock history
Sunworks 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 Sunworks is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sunworks 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 Sunworks stock prices may prove useful in developing a viable investing in Sunworks
Sunworks, Inc., through its subsidiaries, provides photovoltaic and battery based power and storage systems for the agricultural, commercial, industrial, public works, and residential markets in the United States. Sunworks, Inc. was incorporated in 2002 and is headquartered in Provo, Utah. Sunworks operates under Solar classification in the United States and is traded on NASDAQ Exchange. It employs 495 people.
Sunworks Stock Technical Analysis
Sunworks 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, delisted stock market cycles, or different charting patterns.
Price Boundaries
Sunworks Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Sunworks cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sunworks November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Sunworks stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sunworks shares will generate the highest return on investment. By undertsting and applying Sunworks stock market strength indicators, traders can identify Sunworks entry and exit signals to maximize returns
Sunworks Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sunworks' price direction in advance. Along with the technical and fundamental analysis of Sunworks Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sunworks 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 | 0.0892 | |||
Jensen Alpha | 0.8738 | |||
Total Risk Alpha | (0.35) | |||
Sortino Ratio | 0.1055 | |||
Treynor Ratio | (0.94) |
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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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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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