Sunation Energy Stock Market Value
| SUNE Stock | 1.83 0.02 1.10% |
| Symbol | SUNation |
SUNation Energy Price To Book Ratio
Is Electronic Equipment 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 SUNation Energy. If investors know SUNation 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 SUNation Energy 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 SUNation Energy is measured differently than its book value, which is the value of SUNation that is recorded on the company's balance sheet. Investors also form their own opinion of SUNation Energy's value that differs from its market value or its book value, called intrinsic value, which is SUNation Energy'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 SUNation Energy's market value can be influenced by many factors that don't directly affect SUNation Energy'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 SUNation Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SUNation Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SUNation Energy'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.
SUNation Energy '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 SUNation Energy'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 SUNation Energy.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in SUNation Energy on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding SUNation Energy or generate 0.0% return on investment in SUNation Energy over 150 days. SUNation Energy is related to or competes with Parker Hannifin, NETGEAR, Sandstorm Gold, Kaiser Aluminum, ServiceNow, Uber Technologies, and Alvotech. SunEdison, Inc., a renewable energy development company, develops, finances, installs, owns, and operates renewable power plants to residential, commercial, government, and utility customers. More
SUNation Energy 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 SUNation Energy'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 SUNation Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.27) | |||
| Maximum Drawdown | 26.88 | |||
| Value At Risk | (10.33) | |||
| Potential Upside | 7.57 |
SUNation Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SUNation Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SUNation Energy's standard deviation. In reality, there are many statistical measures that can use SUNation Energy historical prices to predict the future SUNation Energy's volatility.| Risk Adjusted Performance | (0.20) | |||
| Jensen Alpha | (1.22) | |||
| Total Risk Alpha | (1.86) | |||
| Treynor Ratio | 1.4 |
SUNation Energy Backtested Returns
SUNation Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the firm had a -0.19 % return per unit of standard deviation over the last 3 months. SUNation Energy exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SUNation Energy's risk adjusted performance of (0.20), and Variance of 25.93 to confirm the risk estimate we provide. The entity has a beta of -0.94, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning SUNation Energy are expected to decrease slowly. On the other hand, during market turmoil, SUNation Energy is expected to outperform it slightly. At this point, SUNation Energy has a negative expected return of -0.97%. Please make sure to validate SUNation Energy's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if SUNation Energy performance from the past will be repeated at some future point.
Auto-correlation | 0.46 |
Average predictability
SUNation Energy has average predictability. Overlapping area represents the amount of predictability between SUNation Energy time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SUNation Energy price movement. The serial correlation of 0.46 indicates that about 46.0% of current SUNation Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
SUNation Energy lagged returns against current returns
Autocorrelation, which is SUNation Energy 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 SUNation Energy's stock expected returns. We can calculate the autocorrelation of SUNation Energy returns to help us make a trade decision. For example, suppose you find that SUNation Energy 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 |
SUNation Energy 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 SUNation Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SUNation Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SUNation Energy stock over time.
Current vs Lagged Prices |
| Timeline |
SUNation Energy Lagged Returns
When evaluating SUNation Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SUNation Energy stock have on its future price. SUNation Energy 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, SUNation Energy autocorrelation shows the relationship between SUNation Energy stock current value and its past values and can show if there is a momentum factor associated with investing in SUNation Energy.
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 SUNation Energy is a strong investment it is important to analyze SUNation Energy'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 SUNation Energy's future performance. For an informed investment choice regarding SUNation Stock, refer to the following important reports:Check out SUNation Energy Correlation, SUNation Energy Volatility and SUNation Energy Alpha and Beta module to complement your research on SUNation Energy. For information on how to trade SUNation Stock refer to our How to Trade SUNation Stock guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
SUNation Energy 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.