Sunrun Inc Stock Market Value

RUN Stock  USD 13.18  0.08  0.61%   
Sunrun's market value is the price at which a share of Sunrun trades on a public exchange. It measures the collective expectations of Sunrun Inc investors about its performance. Sunrun is selling at 13.18 as of the 29th of March 2024; that is 0.61% increase since the beginning of the trading day. The stock's open price was 13.1.
With this module, you can estimate the performance of a buy and hold strategy of Sunrun Inc and determine expected loss or profit from investing in Sunrun over a given investment horizon. Check out Sunrun Correlation, Sunrun Volatility and Sunrun Alpha and Beta module to complement your research on Sunrun.
Symbol

Sunrun Inc Price To Book Ratio

Is Sunrun'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 Sunrun. If investors know Sunrun 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 Sunrun 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
7.727
Earnings Share
(7.41)
Revenue Per Share
10.431
Quarterly Revenue Growth
(0.15)
Return On Assets
(0.03)
The market value of Sunrun Inc is measured differently than its book value, which is the value of Sunrun that is recorded on the company's balance sheet. Investors also form their own opinion of Sunrun's value that differs from its market value or its book value, called intrinsic value, which is Sunrun'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 Sunrun's market value can be influenced by many factors that don't directly affect Sunrun'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 Sunrun's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunrun is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunrun'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.

Sunrun '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 Sunrun'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 Sunrun.
0.00
02/28/2024
No Change 0.00  0.0 
In 30 days
03/29/2024
0.00
If you would invest  0.00  in Sunrun on February 28, 2024 and sell it all today you would earn a total of 0.00 from holding Sunrun Inc or generate 0.0% return on investment in Sunrun over 30 days. Sunrun is related to or competes with Array TechnologiesInc, SunPower, Beam Global, Turbo Energy, Tigo Energy, Canadian Solar, and Maxeon Solar. Sunrun Inc. engages in the design, development, installation, sale, ownership, and maintenance of residential solar ener... More

Sunrun 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 Sunrun'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 Sunrun Inc upside and downside potential and time the market with a certain degree of confidence.

Sunrun Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sunrun's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sunrun's standard deviation. In reality, there are many statistical measures that can use Sunrun historical prices to predict the future Sunrun's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sunrun'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.
Hype
Prediction
LowEstimatedHigh
7.1412.6018.06
Details
Intrinsic
Valuation
LowRealHigh
10.8716.3321.79
Details
Naive
Forecast
LowNextHigh
8.8114.2719.73
Details
28 Analysts
Consensus
LowTargetHigh
25.3627.8730.94
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sunrun. Your research has to be compared to or analyzed against Sunrun's peers to derive any actionable benefits. When done correctly, Sunrun's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sunrun Inc.

Sunrun Inc Backtested Returns

Sunrun Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0883, which indicates the firm had a -0.0883% return per unit of risk over the last 3 months. Sunrun Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sunrun's Variance of 28.46, risk adjusted performance of (0.04), and Coefficient Of Variation of (1,237) to confirm the risk estimate we provide. The entity has a beta of 4.3, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sunrun will likely underperform. Sunrun Inc has an expected return of -0.49%. Please make sure to validate Sunrun total risk alpha, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Sunrun Inc performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.69  

Very good reverse predictability

Sunrun Inc has very good reverse predictability. Overlapping area represents the amount of predictability between Sunrun time series from 28th of February 2024 to 14th of March 2024 and 14th of March 2024 to 29th of March 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sunrun Inc price movement. The serial correlation of -0.69 indicates that around 69.0% of current Sunrun price fluctuation can be explain by its past prices.
Correlation Coefficient-0.69
Spearman Rank Test-0.02
Residual Average0.0
Price Variance1.29

Sunrun Inc lagged returns against current returns

Autocorrelation, which is Sunrun 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 Sunrun's stock expected returns. We can calculate the autocorrelation of Sunrun returns to help us make a trade decision. For example, suppose you find that Sunrun 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  

Sunrun 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 Sunrun stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sunrun stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sunrun stock over time.
   Current vs Lagged Prices   
       Timeline  

Sunrun Lagged Returns

When evaluating Sunrun's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sunrun stock have on its future price. Sunrun 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, Sunrun autocorrelation shows the relationship between Sunrun stock current value and its past values and can show if there is a momentum factor associated with investing in Sunrun Inc.
   Regressed Prices   
       Timeline  

Sunrun Investors Sentiment

The influence of Sunrun's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sunrun. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sunrun's public news can be used to forecast risks associated with an investment in Sunrun. The trend in average sentiment can be used to explain how an investor holding Sunrun can time the market purely based on public headlines and social activities around Sunrun Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sunrun's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sunrun's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sunrun's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sunrun.

Sunrun Implied Volatility

    
  92.46  
Sunrun's implied volatility exposes the market's sentiment of Sunrun Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Sunrun's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Sunrun stock will not fluctuate a lot when Sunrun's options are near their expiration.
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 Sunrun 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, Sunrun's short interest history, or implied volatility extrapolated from Sunrun options trading.

Currently Active Assets on Macroaxis

When determining whether Sunrun Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunrun'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 Sunrun Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunrun Inc Stock:
Check out Sunrun Correlation, Sunrun Volatility and Sunrun Alpha and Beta module to complement your research on Sunrun.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Sunrun's price analysis, check to measure Sunrun'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 Sunrun is operating at the current time. Most of Sunrun's value examination focuses on studying past and present price action to predict the probability of Sunrun's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunrun's price. Additionally, you may evaluate how the addition of Sunrun to your portfolios can decrease your overall portfolio volatility.
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Sunrun 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.
A focus of Sunrun technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sunrun trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...