Sun Country Stock Forecast - Price Action Indicator
| SNCY Stock | USD 14.29 0.53 3.58% |
Sun Stock Forecast is based on your current time horizon. Investors can use this forecasting interface to forecast Sun Country stock prices and determine the direction of Sun Country Airlines's future trends based on various well-known forecasting models. We recommend always using this module together with an analysis of Sun Country's historical fundamentals, such as revenue growth or operating cash flow patterns. Although Sun Country's naive historical forecasting may sometimes provide an important future outlook for the firm, we recommend always cross-verifying it against solid analysis of Sun Country's systematic risk associated with finding meaningful patterns of Sun Country fundamentals over time.
Check out Historical Fundamental Analysis of Sun Country to cross-verify your projections. Sun |
Open Interest Against 2024-05-17 Sun Option Contracts
Although open interest is a measure utilized in the options markets, it could be used to forecast Sun Country's spot prices because the number of available contracts in the market changes daily, and new contracts can be created or liquidated at will. Since open interest in Sun Country's options reflects these daily shifts, investors could use the patterns of these changes to develop long and short-term trading strategies for Sun Country stock based on available contracts left at the end of a trading day.
Please note that to derive more accurate forecasting about market movement from the current Sun Country's open interest, investors have to compare it to Sun Country's spot prices. As Ford's stock price increases, high open interest indicates that money is entering the market, and the market is strongly bullish. Conversely, if the price of Sun Country is decreasing and there is high open interest, that is a sign that the bearish trend will continue, and investors may react by taking short positions in Sun. So, decreasing or low open interest during a bull market indicates that investors are becoming uncertain of the depth of the bullish trend, and a reversal in sentiment will likely follow.
Most investors in Sun Country 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 Sun Country's time series price data and predict how it will affect future prices. One of these methodologies is forecasting, which interprets Sun Country's price structures and extracts relationships that further increase the generated results' accuracy.
Price Action indicator evaluates an asset for a given trading period using the following formula: ((close - open) + (close - high) + (close - low)) / 2. This indicator is consistent with the interpretation of Japanese candlestick patterns.| Previous Price Action Indicator | Price Action Indicator | Trend |
| (0.10) | (0.52) |
| Check Sun Country Volatility | Backtest Sun Country | Information Ratio |
Sun Country Trading Date Momentum
| On April 24 2024 Sun Country Airlines was traded for 14.29 at the closing time. The top price for the day was 14.83 and the lowest listed price was 14.25 . The trading volume for the day was 426 K. The trading history from April 24, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 2.80% . |
Price Action Indicator (or PAIN) was developed by Michael B. Geraty and published in 'Futures' magazine in August 1997.
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Other Forecasting Options for Sun Country
For every potential investor in Sun, whether a beginner or expert, Sun Country's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Sun Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Sun. Basic forecasting techniques help filter out the noise by identifying Sun Country's price trends.View Sun Country Related Equities
| Risk & Return | Correlation |
Sun Country Airlines 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 Sun Country'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 Sun Country's current price.| Cycle Indicators | ||
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| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volatility Indicators | ||
| Volume Indicators |
Sun Country Market Strength Events
Market strength indicators help investors to evaluate how Sun Country stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sun Country shares will generate the highest return on investment. By undertsting and applying Sun Country stock market strength indicators, traders can identify Sun Country Airlines entry and exit signals to maximize returns.
| Accumulation Distribution | 16662.11 | |||
| Daily Balance Of Power | (0.91) | |||
| Rate Of Daily Change | 0.96 | |||
| Day Median Price | 14.54 | |||
| Day Typical Price | 14.46 | |||
| Price Action Indicator | (0.52) | |||
| Period Momentum Indicator | (0.53) | |||
| Relative Strength Index | 43.67 |
Sun Country Risk Indicators
The analysis of Sun Country'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 Sun Country's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting sun 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 | 1.81 | |||
| Semi Deviation | 2.18 | |||
| Standard Deviation | 2.46 | |||
| Variance | 6.05 | |||
| Downside Variance | 5.81 | |||
| Semi Variance | 4.75 | |||
| Expected Short fall | (1.89) |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sun Country in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sun Country's short interest history, or implied volatility extrapolated from Sun Country options trading.
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When determining whether Sun Country Airlines offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sun Country's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sun Country Airlines Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sun Country Airlines Stock:Check out Historical Fundamental Analysis of Sun Country to cross-verify your projections. Note that the Sun Country Airlines information on this page should be used as a complementary analysis to other Sun Country's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Sun Stock analysis
When running Sun Country's price analysis, check to measure Sun Country'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 Sun Country is operating at the current time. Most of Sun Country's value examination focuses on studying past and present price action to predict the probability of Sun Country's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Country's price. Additionally, you may evaluate how the addition of Sun Country to your portfolios can decrease your overall portfolio volatility.
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Is Sun Country's industry 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 Sun Country. If investors know Sun 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 Sun Country listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.18) | Earnings Share 1.23 | Revenue Per Share 18.91 | Quarterly Revenue Growth 0.081 | Return On Assets 0.0506 |
The market value of Sun Country Airlines is measured differently than its book value, which is the value of Sun that is recorded on the company's balance sheet. Investors also form their own opinion of Sun Country's value that differs from its market value or its book value, called intrinsic value, which is Sun Country'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 Sun Country's market value can be influenced by many factors that don't directly affect Sun Country'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 Sun Country's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sun Country is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sun Country'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.