Suncar Technology Group Stock Market Value
| SDA Stock | 10.19 0.24 2.30% |
| Symbol | SunCar |
SunCar Technology Price To Book Ratio
Is Diversified Consumer Services 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 SunCar Technology. If investors know SunCar 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 SunCar Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.94) | Revenue Per Share 4.449 | Quarterly Revenue Growth 0.274 | Return On Assets (0.20) | Return On Equity (1.28) |
The market value of SunCar Technology is measured differently than its book value, which is the value of SunCar that is recorded on the company's balance sheet. Investors also form their own opinion of SunCar Technology's value that differs from its market value or its book value, called intrinsic value, which is SunCar Technology'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 SunCar Technology's market value can be influenced by many factors that don't directly affect SunCar Technology'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 SunCar Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCar Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCar Technology'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.
SunCar Technology 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to SunCar Technology's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of SunCar Technology.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in SunCar Technology on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding SunCar Technology Group or generate 0.0% return on investment in SunCar Technology over 720 days. SunCar Technology is related to or competes with Ultrapar Participacoes, Companhia Siderurgica, and Dawson Geophysical. SunCar Technology is entity of United States More
SunCar Technology Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SunCar Technology's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess SunCar Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.02 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 17.46 | |||
| Value At Risk | (6.34) | |||
| Potential Upside | 9.1 |
SunCar Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SunCar Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SunCar Technology's standard deviation. In reality, there are many statistical measures that can use SunCar Technology historical prices to predict the future SunCar Technology's volatility.| Risk Adjusted Performance | 0.0263 | |||
| Jensen Alpha | 0.0779 | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.6006 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SunCar Technology's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SunCar Technology Backtested Returns
At this point, SunCar Technology is slightly risky. SunCar Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0229, which indicates the firm had a 0.0229% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for SunCar Technology Group, which you can use to evaluate the volatility of the company. Please validate SunCar Technology's Risk Adjusted Performance of 0.0263, semi deviation of 3.9, and Coefficient Of Variation of 4255.38 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. SunCar Technology has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SunCar Technology's returns are expected to increase less than the market. However, during the bear market, the loss of holding SunCar Technology is expected to be smaller as well. SunCar Technology right now has a risk of 4.65%. Please validate SunCar Technology expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if SunCar Technology will be following its existing price patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
SunCar Technology Group has very weak reverse predictability. Overlapping area represents the amount of predictability between SunCar Technology time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SunCar Technology price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current SunCar Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 1.54 |
SunCar Technology lagged returns against current returns
Autocorrelation, which is SunCar Technology stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting SunCar Technology's stock expected returns. We can calculate the autocorrelation of SunCar Technology returns to help us make a trade decision. For example, suppose you find that SunCar Technology has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
SunCar Technology regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If SunCar Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SunCar Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SunCar Technology stock over time.
Current vs Lagged Prices |
| Timeline |
SunCar Technology Lagged Returns
When evaluating SunCar Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SunCar Technology stock have on its future price. SunCar Technology autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, SunCar Technology autocorrelation shows the relationship between SunCar Technology stock current value and its past values and can show if there is a momentum factor associated with investing in SunCar Technology Group.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether SunCar Technology is a strong investment it is important to analyze SunCar Technology's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SunCar Technology's future performance. For an informed investment choice regarding SunCar Stock, refer to the following important reports:Check out SunCar Technology Correlation, SunCar Technology Volatility and SunCar Technology Alpha and Beta module to complement your research on SunCar Technology. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
SunCar Technology 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.