Suncor Energy Stock Forecast - Daily Balance Of Power
| SU Stock | CAD 55.28 0.22 0.40% |
Suncor Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Suncor Energy stock prices and determine the direction of Suncor Energy's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Suncor Energy's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Suncor Energy's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Suncor Energy's systematic risk associated with finding meaningful patterns of Suncor Energy fundamentals over time.
Check out Historical Fundamental Analysis of Suncor Energy to cross-verify your projections. Suncor |
Most investors in Suncor Energy cannot accurately predict what will happen the next trading day because, historically, stock markets tend to be unpredictable and even illogical. Modeling turbulent structures requires applying different statistical methods, techniques, and algorithms to find hidden data structures or patterns within the Suncor Energy's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Suncor Energy's price structures and extracts relationships that further increase the generated results' accuracy.
Balance of Power indicator (or BOP) measures the strength of Suncor Energy market sensitivity to bulls and bears. It estimates the ability of Suncor Energy buyers and sellers to push price to an extreme high or extreme low level. As a result, by monitoring Suncor Energy Balance of Power indicator one can determine a trend of the price direction.| Previous Daily Balance Of Power | Daily Balance Of Power | Trend |
| (0.39) | 0.6286 |
| Check Suncor Energy Volatility | Backtest Suncor Energy | Information Ratio |
Suncor Energy Trading Date Momentum
| On May 27 2024 Suncor Energy was traded for 55.28 at the closing time. The highest daily price throughout the period was 55.38 and the lowest price was 55.03 . The daily volume was 3.7 M. The net trading volume on 05/27/2024 did not result in any price rise and fall. The trading price change to current closing price is 0.07% . |
Balance of Power indicator was created by Igor Livshin to predict asset short term price movements or warning signals. If Balance of Power indicator is trended towards the high of its range it will signify that the bulls are in control. On the other hand when the BOP indicator is moving towards the lows of its range it signifies that the bears are in control. If the indicator move from a high positive range to a lower positive range it signifies that the buying pressure is decreasing. Conversely, if the indicator move from a low negative range to a higher negative range it signifies that the selling pressure is decreasing.
| Compare Suncor Energy to competition |
Other Forecasting Options for Suncor Energy
For every potential investor in Suncor, whether a beginner or expert, Suncor Energy's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Suncor Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Suncor. Basic forecasting techniques help filter out the noise by identifying Suncor Energy's price trends.Suncor Energy Related Equities
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 Suncor Energy stock to make a market-neutral strategy. Peer analysis of Suncor Energy could also be used in its relative valuation, which is a method of valuing Suncor Energy by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Suncor Energy Technical and Predictive Analytics
The stock market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Suncor Energy's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Suncor Energy's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Suncor Energy Market Strength Events
Market strength indicators help investors to evaluate how Suncor Energy stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Suncor Energy shares will generate the highest return on investment. By undertsting and applying Suncor Energy stock market strength indicators, traders can identify Suncor Energy entry and exit signals to maximize returns.
Suncor Energy Risk Indicators
The analysis of Suncor Energy's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Suncor Energy's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting suncor stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9017 | |||
| Semi Deviation | 0.8388 | |||
| Standard Deviation | 1.16 | |||
| Variance | 1.34 | |||
| Downside Variance | 1.38 | |||
| Semi Variance | 0.7035 | |||
| Expected Short fall | (1.01) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
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Try AI Portfolio ArchitectCheck out Historical Fundamental Analysis of Suncor Energy to cross-verify your projections. To learn how to invest in Suncor Stock, please use our How to Invest in Suncor Energy guide.You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Suncor Stock analysis
When running Suncor Energy's price analysis, check to measure Suncor Energy's 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 Suncor Energy is operating at the current time. Most of Suncor Energy's value examination focuses on studying past and present price action to predict the probability of Suncor Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suncor Energy's price. Additionally, you may evaluate how the addition of Suncor Energy to your portfolios can decrease your overall portfolio volatility.
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