SunPower (Germany) Price on March 13, 2024
| S9P2 Stock | EUR 2.05 0.05 2.50% |
If you're considering investing in SunPower Stock, it is important to understand the factors that can impact its price. As of today, the current price of SunPower stands at 2.05, as last reported on the 3rd of May, with the highest price reaching 2.05 and the lowest price hitting 1.90 during the day. SunPower owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0416, which indicates the firm had a -0.0416% return per unit of risk over the last 3 months. SunPower exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SunPower's Risk Adjusted Performance of (0.02), variance of 52.21, and Coefficient Of Variation of (2,404) to confirm the risk estimate we provide.
SunPower Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SunPower |
Sharpe Ratio = -0.0416
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| Negative Returns | S9P2 |
Estimated Market Risk
| 7.23 actual daily | 64 64% of assets are less volatile |
Expected Return
| -0.3 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 actual daily | 0 Most of other assets perform better |
Based on monthly moving average SunPower 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 SunPower by adding SunPower to a well-diversified portfolio.
SunPower Valuation on March 13, 2024
It is possible to determine the worth of SunPower on a given historical date. On March 13, 2024 SunPower was worth 2.5 at the beginning of the trading date compared to the closed value of 2.5. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SunPower stock. Still, in general, we apply an absolute valuation method to find SunPower's 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 SunPower where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SunPower's related companies.
| Open | High | Low | Close | Volume | |
| 2.67 | 2.67 | 2.54 | 2.54 | 249.00 | |
03/13/2024 | 2.50 | 2.50 | 2.46 | 2.50 | 5,200 |
| 2.41 | 2.42 | 2.40 | 2.42 | 1,359 |
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SunPower Trading Date Momentum on March 13, 2024
| On March 14 2024 SunPower was traded for 2.42 at the closing time. The maximum traded price for the trading interval was 2.42 and the lowest daily price was 2.40 . The daily volume was recorded at 1.4 K. The volume of trading on 14th of March 2024 played a part in the next trading day price drop. The trading price change to the next closing price was 3.20% . The trading price change to the closing price today is 0.40% . |
SunPower Fundamentals Correlations and Trends
By evaluating SunPower's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SunPower's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SunPower financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SunPower Stock history
SunPower 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 SunPower is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SunPower 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 SunPower stock prices may prove useful in developing a viable investing in SunPower
SunPower Corporation researches, develops, manufactures, and delivers solar solutions worldwide. SunPower Corporation is a subsidiary of Total Solar International SAS. SUNPOWER CORP operates under Solar classification in Germany and is traded on Frankfurt Stock Exchange. It employs 6600 people.
SunPower Stock Technical Analysis
SunPower 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.
Price Boundaries
SunPower Period Price Range
Low | March 13, 2024
| High |
2.50 | 2.50 |
SunPower May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how SunPower stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SunPower shares will generate the highest return on investment. By undertsting and applying SunPower stock market strength indicators, traders can identify SunPower entry and exit signals to maximize returns
| Accumulation Distribution | 83.2 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 2.48 | |||
| Day Typical Price | 2.49 | |||
| Price Action Indicator | 0.02 | |||
| Period Momentum Indicator | (0.45) | |||
| Relative Strength Index | 42.96 |
SunPower Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SunPower's price direction in advance. Along with the technical and fundamental analysis of SunPower Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SunPower 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 | (0.02) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | (0.27) |
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| Math Transform | ||
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| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunPower. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in SunPower Stock please use our How to Invest in SunPower guide.You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Complementary Tools for SunPower Stock analysis
When running SunPower's price analysis, check to measure SunPower'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 SunPower is operating at the current time. Most of SunPower's value examination focuses on studying past and present price action to predict the probability of SunPower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunPower's price. Additionally, you may evaluate how the addition of SunPower to your portfolios can decrease your overall portfolio volatility.
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