Suncor Stock Story


USD 32.75  0.90  2.83%   

It appears Suncor Energy may not recover as fast as we have hopped for as its price went down 1.12% today. The entity current daily volatility is 2.61 percent, with a beta of 0.79 and an alpha of 0.53 over DOW. As many of us are getting excited about newest market fluctuations it is important to review Suncor Energy based on its technical indicators. We will analyze why Suncor Energy investors may still consider a stake in the business.
Published over two months ago
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Will Suncor Energy (NYSE:SU) volatility gain before July

Suncor Energy is active under Energy sector as part of Oil & Gas Integrated industry.
On a scale of 0 to 100, Suncor Energy holds a performance score of 14. The entity has a beta of 0.7882, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Suncor's beta means in this case. As returns on the market increase, Suncor Energy returns are expected to increase less than the market. However, during the bear market, the loss on holding Suncor Energy will be expected to be smaller as well. Although it is vital to follow Suncor Energy current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-seven technical indicators for Suncor Energy, which you can use to evaluate the performance of the company. Please operates Suncor Energy jensen alpha, potential upside, as well as the relationship between the Potential Upside and accumulation distribution to make a quick decision on whether Suncor Energy existing price patterns will revert.
Investing in Suncor Energy, just like investing in any other equity instrument, is characterized by a strong risk-return correlation. High risks mean high returns and low risk means lower expected returns. Risk management is the act of identifying and assessing the potential risk and developing strategies to minimize these risks and earn maximum possible profits while holding Suncor Energy along with other instruments in the same portfolio. Using conventional technical analysis and fundamental analysis to select individual securities into a portfolio complements risk management and adds value to overall investors' investing strategies.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Suncor Energy'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. Please use the tools below to analyze the current value of Suncor Energy in the context of predictive analytics.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Suncor Energy. Your research has to be compared to or analyzed against Suncor Energy's peers to derive any actionable benefits. When done correctly, Suncor Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Suncor Energy.

How important is Suncor Energy's Liquidity

Suncor Energy financial leverage refers to using borrowed capital as a funding source to finance Suncor Energy ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Suncor Energy financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Suncor Energy's total debt and its cash.

What do experts say?

Stock analysis is a method for investors and traders to make buying and selling decisions. By studying and evaluating past and current data, investors and traders attempt to gain an edge in the markets by making informed decisions.
It is good to see analyst projects for Suncor Energy, but it might be worth checking our own buy vs. sell analysis

Suncor Energy Correlation with Peers

Investors in Suncor can reduce exposure to individual asset risk by holding a diversified portfolio of assets in addition to a long position in Suncor Energy. Diversification will allow for the same portfolio return with reduced risk. The correlation table of Suncor Energy and its peers is a two-dimensional matrix that shows the correlation coefficient between pairs of securities Suncor is related in some way. The cells in the table are color-coded to highlight significantly positive and negative relationships. Each cell shows the correlation between one pair of equities and can be used to run pair trading strategies or create efficient portfolios with your current brokerage.
Please check volatility of Suncor for more details

Detailed Outlook On Suncor Energy

Suncor Energy appears to be very steady, given 3 months investment horizon. Suncor Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had 0.2% of return per unit of risk over the last 3 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By inspecting Suncor Energy technical indicators you can presently evaluate if the expected return of 0.51% is justified by implied risk. Please review Suncor Energy's Risk Adjusted Performance of 0.2432, coefficient of variation of 556.74, and Semi Deviation of 2.01 to confirm if our risk estimates are consistent with your expectations.

Will Suncor price drop impact its balance sheet?

Suncor Energy newest sortino ratio boosts over 0.23. Suncor Energy currently demonstrates below-average downside deviation. It has Information Ratio of 0.21 and Jensen Alpha of 0.53. However, we advise investors to further question Suncor Energy expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Suncor Energy's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Suncor Energy's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Suncor Energy Implied Volatility

Suncor Energy's implied volatility exposes the market's sentiment of Suncor Energy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Suncor Energy'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 Suncor Energy stock will not fluctuate a lot when Suncor Energy's options are near their expiration.

Our Final Perspective on Suncor Energy

Whereas other entities under the oil & gas integrated industry are still a bit expensive, Suncor Energy may offer a potential longer-term growth to private investors. With a less-than optimistic outlook for your 90 days horizon, it may be a good time to exit some or all of your Suncor Energy holdings as it seems the potential growth was already fully factored into the current price. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Suncor Energy.

Editorial Staff

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Suncor Energy. Please refer to our Terms of Use for any information regarding our disclosure principles.

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