Do Its Financials Have Any Role To Play In Driving Sunny Electronics Corp.s Stock Up Recently - Simply Wall St

004770 Stock   1,634  1.00  0.06%   
About 55% of Sunny Electronics' investor base is interested to short. The analysis of current outlook of investing in Sunny Electronics Corp suggests that many traders are impartial regarding Sunny Electronics' prospects. The current market sentiment, together with Sunny Electronics' historical and current headlines, can help investors time the market. In addition, many technical investors use Sunny Electronics Corp stock news signals to limit their universe of possible portfolio assets.
  
Do Its Financials Have Any Role To Play In Driving Sunny Electronics Corp.s Stock Up Recently Simply Wall St

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Sunny Electronics Fundamental Analysis

We analyze Sunny Electronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Sunny Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Sunny Electronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Probability Of Bankruptcy

Probability Of Bankruptcy Comparative Analysis

Sunny Electronics is currently under evaluation in probability of bankruptcy category among its peers. Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Sunny Electronics Corp Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Sunny Electronics stock to make a market-neutral strategy. Peer analysis of Sunny Electronics could also be used in its relative valuation, which is a method of valuing Sunny Electronics by comparing valuation metrics with similar companies.

Complementary Tools for Sunny Stock analysis

When running Sunny Electronics' price analysis, check to measure Sunny Electronics' 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 Sunny Electronics is operating at the current time. Most of Sunny Electronics' value examination focuses on studying past and present price action to predict the probability of Sunny Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunny Electronics' price. Additionally, you may evaluate how the addition of Sunny Electronics to your portfolios can decrease your overall portfolio volatility.
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