SunPower (Germany) Odds of Future Stock Price Finishing Under 6.51
| S9P2 Stock | EUR 2.08 0.02 0.95% |
SunPower |
SunPower Target Price Odds to finish below 6.51
The tendency of SunPower Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to stay under € 6.51 after 90 days |
| 2.08 | 90 days | 6.51 | close to 99 |
Based on a normal probability distribution, the odds of SunPower to stay under € 6.51 after 90 days from now is close to 99 (This SunPower probability density function shows the probability of SunPower Stock to fall within a particular range of prices over 90 days) . Probability of SunPower price to stay between its current price of € 2.08 and € 6.51 at the end of the 90-day period is over 95.44 .
Assuming the 90 days trading horizon SunPower has a beta of -2.26. This usually implies as returns on its benchmark rise, returns on holding SunPower are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, SunPower is expected to outperform its benchmark. Additionally SunPower has an alpha of 0.0498, implying that it can generate a 0.0498 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta). SunPower Price Density |
| Price |
Predictive Modules for SunPower
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as SunPower. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SunPower'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.
SunPower Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. SunPower is not an exception. The market had few large corrections towards the SunPower's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold SunPower, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of SunPower within the framework of very fundamental risk indicators.α | Alpha over NYSE Composite | 0.05 | |
β | Beta against NYSE Composite | -2.26 | |
σ | Overall volatility | 0.45 | |
Ir | Information ratio | -0.03 |
SunPower Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of SunPower for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for SunPower can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| SunPower generated a negative expected return over the last 90 days | |
| SunPower has high historical volatility and very poor performance | |
| SunPower has high likelihood to experience some financial distress in the next 2 years | |
| SunPower has accumulated about 185.55 M in cash with (181.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.3. | |
| Over 90.0% of the company shares are owned by institutional investors |
SunPower Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of SunPower Stock often depends not only on the future outlook of the current and potential SunPower's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. SunPower's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 174.2 M |
SunPower Technical Analysis
SunPower's future price can be derived by breaking down and analyzing its technical indicators over time. SunPower Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of SunPower. In general, you should focus on analyzing SunPower Stock price patterns and their correlations with different microeconomic environments and drivers.
SunPower Predictive Forecast Models
SunPower's time-series forecasting models is one of many SunPower's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary SunPower's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about SunPower
Checking the ongoing alerts about SunPower for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SunPower help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| SunPower generated a negative expected return over the last 90 days | |
| SunPower has high historical volatility and very poor performance | |
| SunPower has high likelihood to experience some financial distress in the next 2 years | |
| SunPower has accumulated about 185.55 M in cash with (181.48 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.3. | |
| Over 90.0% of the company shares are owned by institutional investors |
Check out SunPower Backtesting, SunPower Valuation, SunPower Correlation, SunPower Hype Analysis, SunPower Volatility, SunPower History as well as SunPower Performance. 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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