Sunoco Lp Stock Market Value
| SUN Stock | USD 56.38 0.26 0.46% |
| Symbol | Sunoco |
Sunoco LP Price To Book Ratio
Is Sunoco LP'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 Sunoco LP. If investors know Sunoco 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 Sunoco LP 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 2.933 | Dividend Share 3.368 | Earnings Share 3.65 | Revenue Per Share 274.354 | Quarterly Revenue Growth (0.05) |
The market value of Sunoco LP is measured differently than its book value, which is the value of Sunoco that is recorded on the company's balance sheet. Investors also form their own opinion of Sunoco LP's value that differs from its market value or its book value, called intrinsic value, which is Sunoco LP'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 Sunoco LP's market value can be influenced by many factors that don't directly affect Sunoco LP'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 Sunoco LP's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunoco LP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunoco LP'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.
Sunoco LP '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 Sunoco LP'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 Sunoco LP.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Sunoco LP on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sunoco LP or generate 0.0% return on investment in Sunoco LP over 30 days. Sunoco LP is related to or competes with Delek Logistics, and Crossamerica Partners. Sunoco LP, together with its subsidiaries, distributes and retails motor fuels in the United States More
Sunoco LP 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 Sunoco LP'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 Sunoco LP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.98 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.9 |
Sunoco LP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sunoco LP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sunoco LP's standard deviation. In reality, there are many statistical measures that can use Sunoco LP historical prices to predict the future Sunoco LP's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sunoco LP'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.
Sunoco LP Backtested Returns
Sunoco LP owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0113, which indicates the firm had a -0.0113% return per unit of risk over the last 3 months. Sunoco LP exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sunoco LP's Coefficient Of Variation of (4,663), risk adjusted performance of (0.01), and Variance of 3.06 to confirm the risk estimate we provide. The entity has a beta of 0.74, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sunoco LP's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sunoco LP is expected to be smaller as well. Sunoco LP has an expected return of -0.018%. Please make sure to validate Sunoco LP treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and period momentum indicator , to decide if Sunoco LP performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Sunoco LP has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Sunoco LP time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Sunoco LP price movement. The serial correlation of -0.76 indicates that around 76.0% of current Sunoco LP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 2.84 |
Sunoco LP lagged returns against current returns
Autocorrelation, which is Sunoco LP 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 Sunoco LP's stock expected returns. We can calculate the autocorrelation of Sunoco LP returns to help us make a trade decision. For example, suppose you find that Sunoco LP 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 |
Sunoco LP 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 Sunoco LP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sunoco LP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sunoco LP stock over time.
Current vs Lagged Prices |
| Timeline |
Sunoco LP Lagged Returns
When evaluating Sunoco LP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sunoco LP stock have on its future price. Sunoco LP 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, Sunoco LP autocorrelation shows the relationship between Sunoco LP stock current value and its past values and can show if there is a momentum factor associated with investing in Sunoco LP.
Regressed Prices |
| Timeline |
Sunoco LP Investors Sentiment
The influence of Sunoco LP'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 Sunoco. 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 Sunoco LP's public news can be used to forecast risks associated with an investment in Sunoco. The trend in average sentiment can be used to explain how an investor holding Sunoco can time the market purely based on public headlines and social activities around Sunoco LP. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sunoco LP'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 Sunoco LP'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 Sunoco LP's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sunoco LP.
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 Sunoco LP 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, Sunoco LP's short interest history, or implied volatility extrapolated from Sunoco LP options trading.
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When determining whether Sunoco LP offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunoco LP'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 Sunoco Lp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunoco Lp Stock:Check out Sunoco LP Correlation, Sunoco LP Volatility and Sunoco LP Alpha and Beta module to complement your research on Sunoco LP. To learn how to invest in Sunoco Stock, please use our How to Invest in Sunoco LP guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Complementary Tools for Sunoco Stock analysis
When running Sunoco LP's price analysis, check to measure Sunoco LP'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 Sunoco LP is operating at the current time. Most of Sunoco LP's value examination focuses on studying past and present price action to predict the probability of Sunoco LP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sunoco LP's price. Additionally, you may evaluate how the addition of Sunoco LP to your portfolios can decrease your overall portfolio volatility.
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Sunoco LP 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.